City Budget Comparison

Can You Live on $1,500/month?

Montreal vs Calgary — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

Montreal

Likely Insufficient

COL+Rent: 44.5 (NYC=100)

$1,500/mo may not cover basic costs in Montreal.

Calgary

Likely Insufficient

COL+Rent: 47.7 (NYC=100)

$1,500/mo may not cover basic costs in Calgary.

Budget Breakdown

CategoryMontrealCalgaryDiff
Rent (avg 1BR)$856$857$1
Groceries$231$228+$3
Dining Out$142$147$5
Transportation$52$51+$1
Utilities$90$88+$2
Other / Misc$129$129$0
Total$1,500$1,500

Purchasing Power

Montreal

$1,500

per month

Calgary equivalent

$1,608

per month

You'd need $1,608/mo in Calgary to match $1,500/mo in Montreal.

Other Budget Levels

FAQ

Can I live in Montreal on $1,500/month?
Living in Montreal on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$856 to rent, $231 to groceries, $142 to dining.
Can I live in Calgary on $1,500/month?
In Calgary, $1,500/mo is rated "Likely Insufficient". Allocations: $857 rent, $228 groceries, $147 dining.
Is Montreal or Calgary cheaper?
Montreal is generally cheaper. COL+Rent: Montreal 44.5 vs Calgary 47.7 (NYC=100).
What is $1,500/mo in Montreal worth in Calgary?
$1,500/mo of purchasing power in Montreal equals ~$1,608/mo in Calgary using COL adjustment.

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