Montreal vs Graz
Cost of Living Comparison 2026
Graz is ~11% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Montreal
Canada
COL+Rent
44.5
Rent Index
31
Groceries
59.1
Restaurant
54
Graz
Austria
COL+Rent
39.4
Rent Index
18.1
Groceries
61.7
Restaurant
58
Monthly Cost Comparison
| Category | Montreal | Graz | Diff |
|---|---|---|---|
| Rent (1BR City) | $1,369 | $821 | +$548 |
| Rent (1BR Outside) | $1,088 | $630 | +$458 |
| Groceries | $331 | $370 | $39 |
| Restaurant Meal | $17 | $15 | +$2 |
| Transit Pass | $75 | $47 | +$28 |
| Utilities | $129 | $170 | $41 |
Monthly Budget Comparison
| Lifestyle | Montreal | Graz |
|---|---|---|
| Minimal | $1,592/mo | $1,166/mo |
| Typical | $2,159/mo | $1,633/mo |
| Comfortable | $2,686/mo | $2,055/mo |
Purchasing Power Equivalence
| Budget in Montreal | ≈ in Graz | Difference |
|---|---|---|
| $1,500/mo | $1,328/mo | -$172 |
| $2,000/mo | $1,771/mo | -$229 |
| $3,000/mo | $2,656/mo | -$344 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Montreal vs Graz for Expats & Remote Workers
Our data shows Graz is approximately 11% more affordable than Montreal when combining rent and daily living costs. Montreal's COL+Rent Index of 44.5 vs Graz's 39.4 (both measured against New York City = 100) reflects a relatively small gap, meaning the decision between these cities often comes down to lifestyle preferences rather than pure cost.
Housing is the biggest differentiator: a city-center one-bedroom in Montreal costs $1,369/month versus $821/month in Graz — giving Graz a $548/month advantage on housing alone. Over a full year, this rent difference alone amounts to $6,576 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Montreal ($331/mo) vs Graz ($370/mo) reflect Montreal's lower food prices, while restaurant meals at $17 vs $15 show Montreal is the better value for dining out. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.
Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Graz offers meaningfully better value — your typical monthly budget of $1,633 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.