City Comparison

Sydney vs Montreal

Cost of Living Comparison 2026

Montreal is ~36% cheaper overall

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

Sydney

Australia

COL+Rent

69.7

Rent Index

54.9

Groceries

86.8

Restaurant

78.3

Montreal

Canada

COL+Rent

44.5

Rent Index

31

Groceries

59.1

Restaurant

54

Monthly Cost Comparison

CategorySydneyMontrealDiff
Rent (1BR City)$2,442$1,369+$1,073
Rent (1BR Outside)$1,822$1,088+$734
Groceries$483$331+$152
Restaurant Meal$25$17+$8
Transit Pass$114$75+$39
Utilities$171$129+$42

Monthly Budget Comparison

LifestyleSydneyMontreal
Minimal$2,545/mo$1,592/mo
Typical$3,585/mo$2,159/mo
Comfortable$4,423/mo$2,686/mo

Purchasing Power Equivalence

Budget in Sydney≈ in MontrealDifference
$1,500/mo$958/mo-$542
$2,000/mo$1,277/mo-$723
$3,000/mo$1,915/mo-$1,085

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Sydney vs Montreal for Expats & Remote Workers

Our data shows Montreal is approximately 36% more affordable than Sydney when combining rent and daily living costs. Sydney's COL+Rent Index of 69.7 vs Montreal's 44.5 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.

Housing is the biggest differentiator: a city-center one-bedroom in Sydney costs $2,442/month versus $1,369/month in Montrealgiving Montreal a $1,073/month advantage on housing alone. Over a full year, this rent difference alone amounts to $12,876 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Sydney ($483/mo) vs Montreal ($331/mo) reflect Montreal's lower food prices, while restaurant meals at $25 vs $17 show Montreal offers cheaper dining. 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, Montreal offers meaningfully better value — your typical monthly budget of $2,159 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.

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Frequently Asked Questions

Is Sydney or Montreal cheaper to live in?
Montreal is approximately 36% cheaper overall. Sydney's COL+Rent Index is 69.7 vs Montreal's 44.5 (NYC = 100).
How much is rent in Sydney vs Montreal?
A 1BR in Sydney city center costs ~$2,442/mo vs $1,369/mo in Montreal. Outside the center: $1,822 vs $1,088.
What is $2,000/month in Sydney worth in Montreal?
Using cost-of-living adjustment, $2,000/month in Sydney has the purchasing power of approximately $1,277/month in Montreal.
Are groceries cheaper in Sydney or Montreal?
Monthly groceries cost approximately $483 in Sydney vs $331 in Montreal. Groceries Index: 86.8 vs 59.1 (NYC = 100).