Close to the Canada average
Ranked #246 of 538 cities · More expensive than 54.3% of cities worldwide
Compared to Canada average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | CAD 1,764/mo ≈ $1,274 | CAD 1,324/mo ≈ $956 | 25% |
| 3-Bedroom | CAD 2,921/mo ≈ $2,110 | CAD 2,228/mo ≈ $1,610 | 25% |
Montreal has a composite cost index of 45.3 from 2 independent data sources.
Based on 110 country PLI x 0.9 city factor
Montreal is average by global standards (ranked #246 of 538 cities). It is 1.5% cheaper than the Canada average, based on 24 cities.
Groceries are average, while dining out is average. Rent offers the best value, while Restaurants is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
Workers in Canada earning CAD 80,558 gross take home CAD 5,100/month after tax (24% effective rate). See full Canada tax calculator →
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