Canada

Cost of Living in Montreal

Monthly expenses, rent & budget analysis — Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates

COL+Rent: 44.5Rent: 31Groceries: 59.1Restaurant: 54

Monthly Budget Estimates

Minimal

$1,592/mo

Outside-center room, basic groceries, public transit

Typical

$2,159/mo

City-center 1BR, regular groceries & dining out

Comfortable

$2,686/mo

Premium apartment, frequent dining, entertainment

Monthly Costs Breakdown

CategoryCost (USD)
Rent (1BR City Center)$1,369
Rent (1BR Outside Center)$1,088
Groceries (monthly)$331
Restaurant Meal$17
Transit Pass (monthly)$75
Utilities (monthly)$129

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

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Frequently Asked Questions

How much does it cost to live in Montreal?
A minimal monthly budget in Montreal is approximately $1,592, a typical budget is $2,159, and a comfortable lifestyle costs around $2,686 per month.
How much is rent in Montreal?
A 1-bedroom apartment in Montreal city center costs approximately $1,369/month. Outside the center, expect around $1,088/month.
Is Montreal expensive compared to New York?
Montreal's COL+Rent Index is 44.5 compared to New York's 100, meaning Montreal is about 56% cheaper than NYC overall.
What is the average grocery cost in Montreal?
Monthly groceries in Montreal cost approximately $331. The city's Groceries Index is 59.1 (NYC = 100).