Cost of Living Comparison Between New York, NY and Montreal 

Indices DifferenceInfo
Consumer Prices in Montreal are 36.0% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Montreal are 51.7% lower than in New York, NY
Rent Prices in Montreal are 69.4% lower than in New York, NY
Restaurant Prices in Montreal are 33.3% lower than in New York, NY
Groceries Prices in Montreal are 31.5% lower than in New York, NY
Local Purchasing Power in Montreal is 3.5% lower 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 $
(40.66 C$)
18.45 $
(25.00 C$)
     -38.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(176.19 C$)
88.54 $
(120.00 C$)
     -31.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(16.26 C$)
11.07 $
(15.00 C$)
     -7.8 %
Domestic Beer (1 pint draught) 8.00 $
(10.84 C$)
5.90 $
(8.00 C$)
     -26.2 %
Imported Beer (12 oz small bottle) 10.00 $
(13.55 C$)
5.90 $
(8.00 C$)
     -41.0 %
Cappuccino (regular) 5.72 $
(7.75 C$)
3.87 $
(5.25 C$)
     -32.2 %
Coke/Pepsi (12 oz small bottle) 2.98 $
(4.04 C$)
2.05 $
(2.78 C$)
     -31.1 %
Water (12 oz small bottle) 2.26 $
(3.06 C$)
1.57 $
(2.13 C$)
     -30.4 %
Markets
New York, NY Edit Montreal Edit
Milk (regular), (1 gallon) 5.64 $
(7.64 C$)
8.04 $
(10.90 C$)
     +42.6 %
Loaf of Fresh White Bread (1 lb) 4.29 $
(5.81 C$)
2.97 $
(4.02 C$)
     -30.8 %
Rice (white), (1 lb) 3.25 $
(4.40 C$)
1.58 $
(2.14 C$)
     -51.4 %
Eggs (regular) (12) 5.46 $
(7.40 C$)
3.35 $
(4.54 C$)
     -38.6 %
Local Cheese (1 lb) 7.65 $
(10.37 C$)
5.60 $
(7.58 C$)
     -26.9 %
Chicken Fillets (1 lb) 7.38 $
(10.00 C$)
5.78 $
(7.83 C$)
     -21.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.04 $
(12.25 C$)
6.46 $
(8.75 C$)
     -28.6 %
Apples (1 lb) 3.17 $
(4.30 C$)
1.66 $
(2.25 C$)
     -47.7 %
Banana (1 lb) 0.94 $
(1.27 C$)
0.67 $
(0.90 C$)
     -29.2 %
Oranges (1 lb) 2.58 $
(3.49 C$)
1.69 $
(2.30 C$)
     -34.2 %
Tomato (1 lb) 2.82 $
(3.82 C$)
2.01 $
(2.73 C$)
     -28.6 %
Potato (1 lb) 1.93 $
(2.62 C$)
0.93 $
(1.26 C$)
     -52.0 %
Onion (1 lb) 1.71 $
(2.32 C$)
1.11 $
(1.50 C$)
     -35.3 %
Lettuce (1 head) 2.88 $
(3.90 C$)
2.50 $
(3.39 C$)
     -13.0 %
Water (1.5 liter bottle) 2.43 $
(3.29 C$)
1.67 $
(2.27 C$)
     -31.0 %
Bottle of Wine (Mid-Range) 20.00 $
(27.11 C$)
13.28 $
(18.00 C$)
     -33.6 %
Domestic Beer (0.5 liter bottle) 2.53 $
(3.43 C$)
3.37 $
(4.56 C$)
     +33.2 %
Imported Beer (12 oz small bottle) 3.83 $
(5.19 C$)
3.35 $
(4.55 C$)
     -12.4 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(23.04 C$)
11.07 $
(15.00 C$)
     -34.9 %
Transportation
New York, NY Edit Montreal Edit
One-way Ticket (Local Transport) 2.90 $
(3.93 C$)
2.77 $
(3.75 C$)
     -4.6 %
Monthly Pass (Regular Price) 132.00 $
(178.90 C$)
71.57 $
(97.00 C$)
     -45.8 %
Taxi Start (Normal Tariff) 5.00 $
(6.78 C$)
3.36 $
(4.55 C$)
     -32.9 %
Taxi 1 mile (Normal Tariff) 3.50 $
(4.74 C$)
2.08 $
(2.82 C$)
     -40.6 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(40.66 C$)
32.10 $
(43.50 C$)
     +7.0 %
Gasoline (1 gallon) 3.85 $
(5.21 C$)
4.76 $
(6.46 C$)
     +23.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 $
(37,947.98 C$)
25,070.74 $
(33,978.00 C$)
     -10.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,895.32 $
(36,450.82 C$)
20,024.69 $
(27,139.17 C$)
     -25.5 %
Utilities (Monthly)
New York, NY Edit Montreal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 167.61 $
(227.16 C$)
80.85 $
(109.57 C$)
     -51.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.58 $
(84.82 C$)
39.11 $
(53.01 C$)
     -37.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.53 $
(94.23 C$)
44.51 $
(60.32 C$)
     -36.0 %
Sports And Leisure
New York, NY Edit Montreal Edit
Fitness Club, Monthly Fee for 1 Adult 129.25 $
(175.17 C$)
34.67 $
(46.99 C$)
     -73.2 %
Tennis Court Rent (1 Hour on Weekend) 74.17 $
(100.52 C$)
16.77 $
(22.73 C$)
     -77.4 %
Cinema, International Release, 1 Seat 19.75 $
(26.77 C$)
11.07 $
(15.00 C$)
     -44.0 %
Childcare
New York, NY Edit Montreal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,012.78 $
(4,083.17 C$)
704.89 $
(955.33 C$)
     -76.6 %
International Primary School, Yearly for 1 Child 63,250.00 $
(85,721.78 C$)
7,367.17 $
(9,984.62 C$)
     -88.4 %
Clothing And Shoes
New York, NY Edit Montreal Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.73 $
(94.50 C$)
66.10 $
(89.58 C$)
     -5.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.42 $
(61.56 C$)
47.10 $
(63.83 C$)
     +3.7 %
1 Pair of Nike Running Shoes (Mid-Range) 97.81 $
(132.56 C$)
88.90 $
(120.48 C$)
     -9.1 %
1 Pair of Men Leather Business Shoes 165.86 $
(224.79 C$)
108.31 $
(146.79 C$)
     -34.7 %
Rent Per Month
New York, NY Edit Montreal Edit
Apartment (1 bedroom) in City Centre 4,109.65 $
(5,569.75 C$)
1,227.45 $
(1,663.55 C$)
     -70.1 %
Apartment (1 bedroom) Outside of Centre 2,759.79 $
(3,740.31 C$)
970.24 $
(1,314.95 C$)
     -64.8 %
Apartment (3 bedrooms) in City Centre 8,177.29 $
(11,082.56 C$)
2,171.93 $
(2,943.59 C$)
     -73.4 %
Apartment (3 bedrooms) Outside of Centre 4,326.43 $
(5,863.54 C$)
1,567.30 $
(2,124.14 C$)
     -63.8 %
Buy Apartment Price
New York, NY Edit Montreal Edit
Price per Square Feet to Buy Apartment in City Centre 1,570.81 $
(2,128.89 C$)
702.34 $
(951.88 C$)
     -55.3 %
Price per Square Feet to Buy Apartment Outside of Centre 1,164.67 $
(1,578.46 C$)
415.81 $
(563.54 C$)
     -64.3 %
Salaries And Financing
New York, NY Edit Montreal Edit
Average Monthly Net Salary (After Tax) 5,875.85 $
(7,963.45 C$)
2,737.02 $
(3,709.45 C$)
     -53.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 6.34      -4.5 %
Last update: March 2024March 2024
Contributors in the past 12 months:513426