The cost of living in Montreal is lower than in the likes of Vancouver and Toronto, but higher than in Calgary and Ottawa. Montreal placed 125th out of 227 cities surveyed in Mercer's 2022 Cost of Living Survey, making it the third most expensive Canadian city.

While the cost of living in Montreal is reasonable, earnings in the city are also slightly lower than in the rest of Canada, but this varies across different sectors.


Cost of accommodation in Montreal 

Many expats who move to Montreal find the city’s accommodation affordable. The housing market is also much less competitive than in Calgary, Vancouver or Toronto, so expats should have little problem finding their ideal home.


Cost of food in Montreal

Gourmands looking to explore the culinary scene in Montreal will be delighted to find that groceries and eating out are both relatively affordable. Expats will find a great variety of restaurants, with something to suit any budget and palate. However, newcomers should note that alcohol and tobacco are expensive.


Cost of transport in Montreal

Montreal has an effective and inexpensive public transport system. To save even more, regular commuters can purchase and top up an OPUS smart card to access major public transport in and around Greater Montreal and Quebec City.


Cost of schooling in Montreal

Public schools in Montreal are free for residents, but most are French-speaking, which may be a barrier for English-speaking students. That said, English public schools are also available, but admission requirements can be strict.

As such, many expats opt to send their children to private or international schools that teach their home country’s curriculum. Both of these options, however, are exorbitantly priced.


Cost of living in Montreal chart

Prices may vary depending on product and service provider. The list below shows average prices for August 2022.
 

Accommodation (monthly)

 

One-bedroom apartment in city centre

CAD 1,389

One-bedroom apartment outside of centre

CAD 1,048

Three-bedroom apartment in city centre

CAD 2,494

Three-bedroom apartment outside of centre

CAD 1,793

Shopping

 

Milk (1 litre)

CAD 3.06

Loaf of white bread

CAD 3.79

Chicken breasts (1kg)

CAD 14.82

 Rice (1kg)

CAD 3.84

Dozen eggs

CAD 3.90

Pack of cigarettes

CAD 15

Eating out

 

Big Mac meal 

CAD 13

Coca Cola (330ml)

CAD 2.37

Cappuccino 

CAD 4.75

Bottle of local beer

CAD 7.00

Three-course meal for two at a mid-range restaurant 

CAD 90

Utilities

 

Mobile-to-mobile call rate (per minute) 

CAD 0.49

Internet (Uncapped ADSL or Cable – average per month) 

CAD 61.58

Basic utilities (per month for a small apartment) 

CAD 105.41

Transportation

 

Taxi rate/km 

CAD 1.75

City centre bus fare/train fare 

CAD 3.50

Petrol/gasoline (per litre) 

CAD 2.07