Cost of Living Comparison Between Santa Fe, NM and Montreal Cost of Living Comparison Between Santa Fe, NM and Montreal

Monthly Cost of Living

A single person spends $2,922 per month in Santa Fe, NM vs $2,074 in Montreal, rent included.

A couple spends around $4,097 per month in Santa Fe, NM vs $3,181 in Montreal, rent included.

A family of three spends $5,271 per month in Santa Fe, NM vs $4,287 in Montreal, rent included.

Santa Fe, NM costs about 41% more than Montreal, driven mainly by Getting Around.

Both Santa Fe, NM and Montreal sit above the global median – Santa Fe, NM by 116%, Montreal by 54%.

Meal at Budget Restaurant

$17.22 $17.22

$16.33 CA$22.21

5.45%

Three-Course Dinner for Two, Mid-Range

$80.1 $80.1

$75.0 CA$102

6.76%

Fast Food Meal (McDonalds, etc)

$10.13 $10.13

$11.11 CA$15.12

-8.82%

Cappuccino

$5.18 $5.18

$3.67 CA$5.00

41.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.78 $2.78

$2.14 CA$2.90

29.91%

Water (0.33 liter bottle)

$1.83 $1.83

$1.51 CA$2.05

21.19%

Local Beer (0.5 liter draught)

$6.01 $6.01

$5.91 CA$8.04

1.69%

Imported Beer (0.33 liter bottle)

$7.12 $7.12

$6.52 CA$8.87

9.20%

Milk (1 liter)

$1.06 $1.06

$2.27 CA$3.09

-53.30%

White Bread (500g)

$2.97 $2.97

$3.21 CA$4.37

-7.48%

Rice (white) (1kg)

$3.28 $3.28

$3.69 CA$5.02

-11.11%

Eggs

$4.41 $4.41

$3.35 CA$4.56

31.64%

Local Cheese (1kg)

$12.62 $12.62

$16.39 CA$22.29

-23.00%

Chicken Fillets (1kg)

$10.15 $10.15

$11.92 CA$16.21

-14.85%

Beef Round Steak (1kg)

$19.75 $19.75

$15.54 CA$21.14

27.09%

Apples (1kg)

$4.86 $4.86

$3.60 CA$4.90

35.00%

Banana (1kg)

$1.44 $1.44

$1.61 CA$2.19

-10.56%

Oranges (1kg)

$3.72 $3.72

$4.14 CA$5.63

-10.14%

Tomato (1kg)

$4.35 $4.35

$4.31 CA$5.87

0.93%

Potato (1kg)

$2.47 $2.47

$2.71 CA$3.68

-8.86%

Onion (1kg)

$2.49 $2.49

$2.71 CA$3.68

-8.12%

Lettuce (1 head)

$1.96 $1.96

$2.25 CA$3.06

-12.89%

Water (1.5 liter bottle)

$2.22 $2.22

$1.70 CA$2.32

30.59%

Cigarettes 20 Pack (Marlboro, Camel)

$10.06 $10.06

$13.34 CA$18.14

-24.59%

Wine (Bottle)

$15.77 $15.77

$10.79 CA$14.68

46.15%

Local Beer (0.5 liter bottle)

$1.82 $1.82

$3.08 CA$4.19

-40.91%

Imported Beer (0.33 liter bottle)

$2.66 $2.66

$3.47 CA$4.72

-23.34%

One-way Ticket (Public Transport)

$2.05 $2.05

$2.83 CA$3.85

-27.56%

Public Transport Monthly Pass (Regular Price)

$73.8 CA$100

Taxi Start (Normal Tariff)

$3.50 $3.50

$3.68 CA$5.01

-4.89%

Taxi (Normal Tariff) (1km)

$1.78 $1.78

$1.39 CA$1.88

28.06%

Taxi 1hour Waiting (Normal Tariff)

$29.36 $29.36

$34.21 CA$46.53

-14.18%

Gasoline (1 liter)

$0.77 $0.77

$1.18 CA$1.61

-34.75%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.6K $28.6K

$24.7K CA$33.6K

16.05%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.4K $25.4K

$21.4K CA$29.2K

18.64%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$180 $180

$75.8 CA$103

137.91%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$44.77 $44.77

$36.01 CA$48.97

24.33%

Internet (50+ Mbps, Unlimited Data)

$69.2 $69.2

$44.18 CA$60.1

56.70%

Gym Membership (Monthly)

$87.7 $87.7

$43.14 CA$58.7

103.38%

Tennis Court (1 Hour on Weekend)

$16.95 CA$23.05

Cinema Ticket

$14.01 $14.01

$10.84 CA$14.74

29.24%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,227 $1,227

$615 CA$837

99.41%

International Primary School, 1 Child (Yearly)

$15.5K $15.5K

$5,846 CA$7,950

164.96%

Jeans (Levis 501 Or Similar)

$54.2 $54.2

$62.4 CA$84.9

-13.10%

Summer Dress (H&M, Zara, etc)

$50.1 $50.1

$44.05 CA$59.9

13.73%

Sport Shoes (Adidas, Nike)

$89.0 $89.0

$101 CA$137

-11.61%

Men's Leather Business Shoes

$100 $100

$120 CA$163

-16.30%

1-bedroom Apartment, City Center (Monthly)

$2,150 $2,150

$1,211 CA$1,646

77.63%

1-bedroom Apartment, Outside City Center (Monthly)

$1,647 $1,647

$944 CA$1,284

74.47%

3-bedroom Apartment, City Center (Monthly)

$4,383 $4,383

$2,105 CA$2,863

108.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,624 $2,624

$1,589 CA$2,162

65.11%

Buy Apartment in City Center (m2)

$6,775 $6,775

$5,010 CA$6,814

35.22%

Buy Apartment Outside City Center (m2)

$4,186 $4,186

$3,889 CA$5,289

7.63%

Average Monthly Net Salary (After Tax)

$3,749 $3,749

$2,956 CA$4,020

26.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

5.01

29.54%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Santa Fe, NM: May 3, 2026

Last update for Montreal: May 4, 2026

Cost Breakdown

A central one-bedroom costs $2,150 in Santa Fe, NM versus $1,211 in Montreal. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 27% higher in Santa Fe, NM, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Santa Fe, NM versus $75.0 in Montreal. Groceries tell a different story – $381 in Santa Fe, NM vs $391 in Montreal – so Santa Fe, NM wins on supermarket bills even if dining out costs more.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Santa Fe, NM vs Montreal: Cost of Living - Frequently Asked Questions

Santa Fe, NM costs about 41% more than Montreal, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,384 per month in Santa Fe, NM and $3,112 in Montreal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montreal, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $80.0 in Santa Fe, NM and $75.0 in Montreal. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 3% cheaper in Santa Fe, NM – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Montreal, where all-in costs run around $2,074, than in Santa Fe, NM at $2,922. In Montreal it covers expenses comfortably, while in Santa Fe, NM it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Montreal costs $2,074 versus $2,922 in Santa Fe, NM. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Montreal. If higher salaries, better infrastructure, or specific career opportunities are the priority, Santa Fe, NM makes more sense. Both are solid long-term options with distinct trade-offs.