Cost of Living Comparison Between New York, NY and Montreal 
| Indices Difference |  |
|---|---|
| Cost of Living in Montreal is 40.4% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Montreal is 54.8% lower than in New York, NY | |
| Rent Prices in Montreal are 72.1% lower than in New York, NY | |
| Restaurant Prices in Montreal are 35.9% lower than in New York, NY | |
| Groceries Prices in Montreal are 34.4% lower than in New York, NY | |
| Local Purchasing Power in Montreal is 28.8% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Montreal Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
25.00 $ (34.59 C$) |
17.71 $ (24.50 C$) |
-29.2 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
140.00 $ (193.72 C$) |
72.27 $ (100.00 C$) |
-48.4 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
14.00 $ (19.37 C$) |
11.38 $ (15.75 C$) |
-18.7 % |
| Domestic Draft Beer (1 Pint) |
8.00 $ (11.07 C$) |
6.14 $ (8.50 C$) |
-23.2 % |
| Imported Beer (12 oz Small Bottle) |
10.00 $ (13.84 C$) |
6.50 $ (9.00 C$) |
-35.0 % |
| Cappuccino (Regular Size) |
5.64 $ (7.80 C$) |
3.86 $ (5.34 C$) |
-31.5 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
3.03 $ (4.19 C$) |
2.06 $ (2.85 C$) |
-31.8 % |
| Bottled Water (12 oz) |
2.50 $ (3.46 C$) |
1.47 $ (2.03 C$) |
-41.3 % |
Markets | New York, NY Edit |
Montreal Edit | |
| Milk (Regular, 1 Liter) |
1.36 $ (1.88 C$) |
2.31 $ (3.19 C$) |
+69.8 % |
| Fresh White Bread (1 lb Loaf) |
4.34 $ (6.01 C$) |
2.82 $ (3.90 C$) |
-35.1 % |
| White Rice (1 lb) |
3.80 $ (5.25 C$) |
1.63 $ (2.25 C$) |
-57.2 % |
| Eggs (12, Large Size) |
7.20 $ (9.97 C$) |
3.23 $ (4.47 C$) |
-55.1 % |
| Local Cheese (1 lb) |
7.71 $ (10.67 C$) |
5.61 $ (7.76 C$) |
-27.2 % |
| Chicken Fillets (1 lb) |
6.92 $ (9.58 C$) |
5.48 $ (7.58 C$) |
-20.9 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
9.01 $ (12.46 C$) |
6.69 $ (9.26 C$) |
-25.7 % |
| Apples (1 lb) |
3.12 $ (4.32 C$) |
1.64 $ (2.27 C$) |
-47.5 % |
| Bananas (1 lb) |
1.11 $ (1.53 C$) |
0.71 $ (0.99 C$) |
-35.4 % |
| Oranges (1 lb) |
2.61 $ (3.62 C$) |
1.48 $ (2.05 C$) |
-43.2 % |
| Tomatoes (1 lb) |
2.70 $ (3.73 C$) |
1.40 $ (1.94 C$) |
-48.0 % |
| Potatoes (1 lb) |
1.52 $ (2.10 C$) |
1.32 $ (1.82 C$) |
-13.1 % |
| Onions (1 lb) |
1.66 $ (2.30 C$) |
1.08 $ (1.50 C$) |
-34.7 % |
| Lettuce (1 Head) |
3.00 $ (4.15 C$) |
2.12 $ (2.94 C$) |
-29.2 % |
| Bottled Water (50 oz) |
2.56 $ (3.54 C$) |
1.45 $ (2.01 C$) |
-43.4 % |
| Bottle of Wine (Mid-Range) |
18.00 $ (24.91 C$) |
11.20 $ (15.50 C$) |
-37.8 % |
| Domestic Beer (16.9 oz Bottle) |
3.48 $ (4.82 C$) |
2.48 $ (3.43 C$) |
-28.8 % |
| Imported Beer (12 oz Small Bottle) |
4.34 $ (6.01 C$) |
3.19 $ (4.42 C$) |
-26.5 % |
| Cigarettes (Pack of 20, Marlboro) |
19.00 $ (26.29 C$) |
12.29 $ (17.00 C$) |
-35.3 % |
Transportation | New York, NY Edit |
Montreal Edit | |
| One-Way Ticket (Local Transport) |
2.92 $ (4.05 C$) |
2.71 $ (3.75 C$) |
-7.3 % |
| Monthly Public Transport Pass (Regular Price) |
134.00 $ (185.42 C$) |
75.52 $ (104.50 C$) |
-43.6 % |
| Taxi Start (Standard Tariff) |
3.00 $ (4.15 C$) |
3.43 $ (4.75 C$) |
+14.4 % |
| Taxi 1 mile (Standard Tariff) |
3.50 $ (4.84 C$) |
2.38 $ (3.30 C$) |
-31.9 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
42.00 $ (58.12 C$) |
33.39 $ (46.20 C$) |
-20.5 % |
| Gasoline (1 Liter) |
0.88 $ (1.22 C$) |
1.12 $ (1.55 C$) |
+27.0 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
35,458.00 $ (49,063.55 C$) |
28,185.12 $ (39,000.00 C$) |
-20.5 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
25,752.12 $ (35,633.43 C$) |
20,839.47 $ (28,835.76 C$) |
-19.1 % |
Utilities (Monthly) | New York, NY Edit |
Montreal Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
188.53 $ (260.87 C$) |
81.56 $ (112.86 C$) |
-56.7 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
62.88 $ (87.01 C$) |
36.04 $ (49.86 C$) |
-42.7 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
64.43 $ (89.15 C$) |
43.17 $ (59.73 C$) |
-33.0 % |
Sports And Leisure | New York, NY Edit |
Montreal Edit | |
| Monthly Fitness Club Membership |
125.62 $ (173.83 C$) |
39.88 $ (55.19 C$) |
-68.3 % |
| Tennis Court Rental (1 Hour, Weekend) |
64.67 $ (89.48 C$) |
18.26 $ (25.26 C$) |
-71.8 % |
| Cinema Ticket (International Release) |
22.00 $ (30.44 C$) |
12.11 $ (16.75 C$) |
-45.0 % |
Childcare | New York, NY Edit |
Montreal Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
3,427.83 $ (4,743.12 C$) |
586.13 $ (811.03 C$) |
-82.9 % |
| International Primary School, Annual Tuition per Child |
59,079.88 $ (81,749.36 C$) |
13,674.30 $ (18,921.25 C$) |
-76.9 % |
Clothing And Shoes | New York, NY Edit |
Montreal Edit | |
| Jeans (Levi's 501 or Similar) |
67.27 $ (93.09 C$) |
55.89 $ (77.33 C$) |
-16.9 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
54.54 $ (75.46 C$) |
40.90 $ (56.59 C$) |
-25.0 % |
| Nike Running Shoes (Mid-Range) |
116.74 $ (161.53 C$) |
96.50 $ (133.53 C$) |
-17.3 % |
| Men's Leather Business Shoes |
159.29 $ (220.41 C$) |
120.20 $ (166.32 C$) |
-24.5 % |
Rent Per Month | New York, NY Edit |
Montreal Edit | |
| 1 Bedroom Apartment in City Centre |
4,512.96 $ (6,244.63 C$) |
1,269.88 $ (1,757.14 C$) |
-71.9 % |
| 1 Bedroom Apartment Outside of City Centre |
2,657.00 $ (3,676.51 C$) |
975.07 $ (1,349.22 C$) |
-63.3 % |
| 3 Bedroom Apartment in City Centre |
9,173.68 $ (12,693.71 C$) |
2,088.32 $ (2,889.63 C$) |
-77.2 % |
| 3 Bedroom Apartment Outside of City Centre |
4,844.44 $ (6,703.30 C$) |
1,585.30 $ (2,193.60 C$) |
-67.3 % |
Buy Apartment Price | New York, NY Edit |
Montreal Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,949.69 $ (2,697.80 C$) |
487.75 $ (674.91 C$) |
-75.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
811.36 $ (1,122.69 C$) |
381.16 $ (527.42 C$) |
-53.0 % |
Salaries And Financing | New York, NY Edit |
Montreal Edit | |
| Average Monthly Net Salary (After Tax) |
5,150.98 $ (7,127.45 C$) |
2,996.44 $ (4,146.20 C$) |
-41.8 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.55 | 4.39 | -32.9 % |
| Last update: | 21 January 2026 | 19 January 2026 | |
| Contributors in the past 12 months: | 287 | 267 | |
Moving to New York, NY? Explore:
Moving to Montreal? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Glen Cove, New York | 30.15 miles |
Cities near Montreal: | Cost of Living in Longueuil | 8.36 miles |
| Cost of Living in Sainte-Martine | 25.85 miles |
| Cost of Living in Sherbrooke | 99.30 miles |
| Cost of Living in Gatineau | 112.36 miles |
| Cost of Living in Ottawa | 119.48 miles |
| Cost of Living in Quebec City | 157.18 miles |
| Cost of Living in Kingston | 176.74 miles |
| Cost of Living in Belleville | 220.82 miles |