Cost of Living Comparison Between New York, NY and Montreal 

Indices DifferenceInfo
Cost of Living in Montreal is 36.2% lower than in New York, NY (without rent)
Cost of Living Including Rent in Montreal is 52.8% lower than in New York, NY
Rent Prices in Montreal are 70.7% lower than in New York, NY
Restaurant Prices in Montreal are 33.8% lower than in New York, NY
Groceries Prices in Montreal are 29.6% lower than in New York, NY
Local Purchasing Power in Montreal is 0.5% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Montreal Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(40.93 C$)
18.33 $
(25.00 C$)
     -38.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(177.35 C$)
87.96 $
(120.00 C$)
     -32.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(16.37 C$)
11.00 $
(15.00 C$)
     -8.4 %
Domestic Beer (1 pint draught) 8.00 $
(10.91 C$)
6.23 $
(8.50 C$)
     -22.1 %
Imported Beer (12 oz small bottle) 11.00 $
(15.01 C$)
5.86 $
(8.00 C$)
     -46.7 %
Cappuccino (regular) 5.70 $
(7.78 C$)
3.87 $
(5.28 C$)
     -32.2 %
Coke/Pepsi (12 oz small bottle) 3.06 $
(4.18 C$)
2.09 $
(2.85 C$)
     -31.9 %
Water (12 oz small bottle) 2.29 $
(3.12 C$)
1.56 $
(2.12 C$)
     -32.1 %
Markets
New York, NY Edit Montreal Edit
Milk (regular), (1 gallon) 5.60 $
(7.64 C$)
8.17 $
(11.14 C$)
     +45.9 %
Loaf of Fresh White Bread (1 lb) 4.46 $
(6.08 C$)
2.84 $
(3.88 C$)
     -36.2 %
Rice (white), (1 lb) 3.33 $
(4.54 C$)
1.52 $
(2.07 C$)
     -54.3 %
Eggs (regular) (12) 5.20 $
(7.09 C$)
3.41 $
(4.66 C$)
     -34.3 %
Local Cheese (1 lb) 7.46 $
(10.18 C$)
5.83 $
(7.95 C$)
     -21.9 %
Chicken Fillets (1 lb) 6.74 $
(9.20 C$)
5.87 $
(8.01 C$)
     -12.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.52 $
(11.62 C$)
6.59 $
(8.99 C$)
     -22.6 %
Apples (1 lb) 3.25 $
(4.44 C$)
1.64 $
(2.23 C$)
     -49.6 %
Banana (1 lb) 0.96 $
(1.31 C$)
0.66 $
(0.90 C$)
     -31.1 %
Oranges (1 lb) 2.70 $
(3.68 C$)
1.88 $
(2.56 C$)
     -30.3 %
Tomato (1 lb) 3.03 $
(4.13 C$)
2.03 $
(2.77 C$)
     -33.0 %
Potato (1 lb) 1.75 $
(2.39 C$)
0.97 $
(1.32 C$)
     -44.9 %
Onion (1 lb) 1.69 $
(2.30 C$)
1.09 $
(1.49 C$)
     -35.4 %
Lettuce (1 head) 3.19 $
(4.35 C$)
2.53 $
(3.45 C$)
     -20.7 %
Water (1.5 liter bottle) 2.47 $
(3.38 C$)
1.75 $
(2.39 C$)
     -29.2 %
Bottle of Wine (Mid-Range) 20.00 $
(27.28 C$)
14.66 $
(20.00 C$)
     -26.7 %
Domestic Beer (0.5 liter bottle) 2.64 $
(3.60 C$)
3.38 $
(4.62 C$)
     +28.2 %
Imported Beer (12 oz small bottle) 3.70 $
(5.05 C$)
3.48 $
(4.75 C$)
     -6.0 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(23.19 C$)
11.00 $
(15.00 C$)
     -35.3 %
Transportation
New York, NY Edit Montreal Edit
One-way Ticket (Local Transport) 2.90 $
(3.96 C$)
2.75 $
(3.75 C$)
     -5.2 %
Monthly Pass (Regular Price) 132.00 $
(180.08 C$)
71.10 $
(97.00 C$)
     -46.1 %
Taxi Start (Normal Tariff) 4.92 $
(6.72 C$)
3.48 $
(4.75 C$)
     -29.3 %
Taxi 1 mile (Normal Tariff) 3.50 $
(4.77 C$)
2.36 $
(3.22 C$)
     -32.6 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(46.38 C$)
43.98 $
(60.00 C$)
     +29.4 %
Gasoline (1 gallon) 3.84 $
(5.24 C$)
4.81 $
(6.56 C$)
     +25.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(47,748.26 C$)
24,906.25 $
(33,978.00 C$)
     -28.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,263.92 $
(38,558.65 C$)
20,418.97 $
(27,856.30 C$)
     -27.8 %
Utilities (Monthly)
New York, NY Edit Montreal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 173.29 $
(236.40 C$)
84.82 $
(115.71 C$)
     -51.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 66.57 $
(90.81 C$)
38.94 $
(53.13 C$)
     -41.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.87 $
(95.32 C$)
44.47 $
(60.66 C$)
     -36.4 %
Sports And Leisure
New York, NY Edit Montreal Edit
Fitness Club, Monthly Fee for 1 Adult 138.33 $
(188.72 C$)
32.90 $
(44.88 C$)
     -76.2 %
Tennis Court Rent (1 Hour on Weekend) 77.86 $
(106.22 C$)
16.35 $
(22.31 C$)
     -79.0 %
Cinema, International Release, 1 Seat 20.00 $
(27.28 C$)
11.00 $
(15.00 C$)
     -45.0 %
Childcare
New York, NY Edit Montreal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,168.00 $
(4,321.90 C$)
694.33 $
(947.23 C$)
     -78.1 %
International Primary School, Yearly for 1 Child 58,000.00 $
(79,125.69 C$)
6,584.88 $
(8,983.33 C$)
     -88.6 %
Clothing And Shoes
New York, NY Edit Montreal Edit
1 Pair of Jeans (Levis 501 Or Similar) 71.54 $
(97.59 C$)
62.14 $
(84.77 C$)
     -13.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(65.81 C$)
48.79 $
(66.56 C$)
     +1.1 %
1 Pair of Nike Running Shoes (Mid-Range) 102.21 $
(139.44 C$)
88.97 $
(121.38 C$)
     -13.0 %
1 Pair of Men Leather Business Shoes 165.41 $
(225.66 C$)
109.57 $
(149.48 C$)
     -33.8 %
Rent Per Month
New York, NY Edit Montreal Edit
Apartment (1 bedroom) in City Centre 4,328.21 $
(5,904.69 C$)
1,218.52 $
(1,662.35 C$)
     -71.8 %
Apartment (1 bedroom) Outside of Centre 2,917.55 $
(3,980.23 C$)
934.59 $
(1,275.00 C$)
     -68.0 %
Apartment (3 bedrooms) in City Centre 8,565.00 $
(11,684.68 C$)
2,218.77 $
(3,026.92 C$)
     -74.1 %
Apartment (3 bedrooms) Outside of Centre 4,515.20 $
(6,159.80 C$)
1,578.85 $
(2,153.92 C$)
     -65.0 %
Buy Apartment Price
New York, NY Edit Montreal Edit
Price per Square Feet to Buy Apartment in City Centre 1,569.57 $
(2,141.26 C$)
675.13 $
(921.03 C$)
     -57.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(1,558.98 C$)
388.89 $
(530.53 C$)
     -66.0 %
Salaries And Financing
New York, NY Edit Montreal Edit
Average Monthly Net Salary (After Tax) 5,718.11 $
(7,800.85 C$)
2,712.63 $
(3,700.67 C$)
     -52.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 6.49      -3.4 %
Last update: June 2024June 2024
Contributors in the past 12 months:477434