Cost of Living Comparison Between New York, NY and Montreal 

Indices DifferenceInfo
Cost of Living in Montreal is 40.2% lower than in New York, NY (excluding rent)
Cost of Living Including Rent in Montreal is 53.9% lower than in New York, NY
Rent Prices in Montreal are 71.6% lower than in New York, NY
Restaurant Prices in Montreal are 43.1% lower than in New York, NY
Groceries Prices in Montreal are 28.1% lower than in New York, NY
Local Purchasing Power in Montreal is 12.3% 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 $
(41.63 C$)
15.86 $
(22.00 C$)
     -47.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 145.00 $
(201.20 C$)
72.07 $
(100.00 C$)
     -50.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 13.00 $
(18.04 C$)
10.81 $
(15.00 C$)
     -16.8 %
Domestic Beer (1 pint draught) 8.00 $
(11.10 C$)
6.49 $
(9.00 C$)
     -18.9 %
Imported Beer (12 oz small bottle) 12.00 $
(16.65 C$)
6.49 $
(9.00 C$)
     -45.9 %
Cappuccino (regular) 5.96 $
(8.26 C$)
3.66 $
(5.08 C$)
     -38.6 %
Coke/Pepsi (12 oz small bottle) 3.19 $
(4.43 C$)
2.11 $
(2.93 C$)
     -34.0 %
Water (12 oz small bottle) 2.57 $
(3.56 C$)
1.49 $
(2.07 C$)
     -41.8 %
Markets
New York, NY Edit Montreal Edit
Milk (regular), (1 gallon) 5.98 $
(8.30 C$)
8.98 $
(12.46 C$)
     +50.0 %
Loaf of Fresh White Bread (1 lb) 4.60 $
(6.38 C$)
2.97 $
(4.12 C$)
     -35.4 %
Rice (white), (1 lb) 3.55 $
(4.92 C$)
1.67 $
(2.31 C$)
     -53.0 %
Eggs (regular) (12) 6.28 $
(8.71 C$)
3.37 $
(4.67 C$)
     -46.4 %
Local Cheese (1 lb) 7.57 $
(10.51 C$)
7.42 $
(10.30 C$)
     -2.0 %
Chicken Fillets (1 lb) 7.00 $
(9.71 C$)
5.19 $
(7.20 C$)
     -25.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.98 $
(12.46 C$)
6.73 $
(9.34 C$)
     -25.0 %
Apples (1 lb) 3.38 $
(4.70 C$)
1.65 $
(2.29 C$)
     -51.1 %
Banana (1 lb) 1.10 $
(1.52 C$)
0.70 $
(0.97 C$)
     -36.5 %
Oranges (1 lb) 2.47 $
(3.42 C$)
1.92 $
(2.67 C$)
     -22.0 %
Tomato (1 lb) 2.73 $
(3.78 C$)
2.02 $
(2.81 C$)
     -25.8 %
Potato (1 lb) 1.64 $
(2.28 C$)
1.25 $
(1.74 C$)
     -23.5 %
Onion (1 lb) 1.66 $
(2.30 C$)
1.11 $
(1.53 C$)
     -33.4 %
Lettuce (1 head) 3.06 $
(4.24 C$)
2.36 $
(3.27 C$)
     -22.9 %
Water (1.5 liter bottle) 2.57 $
(3.57 C$)
1.83 $
(2.54 C$)
     -28.8 %
Bottle of Wine (Mid-Range) 20.00 $
(27.75 C$)
12.97 $
(18.00 C$)
     -35.1 %
Domestic Beer (0.5 liter bottle) 2.90 $
(4.02 C$)
3.16 $
(4.38 C$)
     +9.0 %
Imported Beer (12 oz small bottle) 3.81 $
(5.29 C$)
3.39 $
(4.70 C$)
     -11.0 %
Cigarettes 20 Pack (Marlboro) 18.00 $
(24.98 C$)
12.97 $
(18.00 C$)
     -27.9 %
Transportation
New York, NY Edit Montreal Edit
One-way Ticket (Local Transport) 2.90 $
(4.02 C$)
2.70 $
(3.75 C$)
     -6.8 %
Monthly Pass (Regular Price) 132.00 $
(183.16 C$)
72.07 $
(100.00 C$)
     -45.4 %
Taxi Start (Normal Tariff) 5.00 $
(6.93 C$)
3.51 $
(4.88 C$)
     -29.7 %
Taxi 1 mile (Normal Tariff) 3.50 $
(4.86 C$)
2.46 $
(3.42 C$)
     -29.6 %
Taxi 1hour Waiting (Normal Tariff) 42.00 $
(58.28 C$)
34.67 $
(48.10 C$)
     -17.5 %
Gasoline (1 gallon) 3.73 $
(5.17 C$)
4.53 $
(6.29 C$)
     +21.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,500.00 $
(47,870.99 C$)
24,487.50 $
(33,978.00 C$)
     -29.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,985.28 $
(38,831.39 C$)
21,008.31 $
(29,150.40 C$)
     -24.9 %
Utilities (Monthly)
New York, NY Edit Montreal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 186.58 $
(258.89 C$)
77.17 $
(107.08 C$)
     -58.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.74 $
(85.67 C$)
37.46 $
(51.98 C$)
     -39.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.86 $
(88.61 C$)
43.96 $
(60.99 C$)
     -31.2 %
Sports And Leisure
New York, NY Edit Montreal Edit
Fitness Club, Monthly Fee for 1 Adult 156.46 $
(217.09 C$)
39.28 $
(54.50 C$)
     -74.9 %
Tennis Court Rent (1 Hour on Weekend) 64.58 $
(89.61 C$)
15.63 $
(21.69 C$)
     -75.8 %
Cinema, International Release, 1 Seat 20.00 $
(27.75 C$)
10.81 $
(15.00 C$)
     -45.9 %
Childcare
New York, NY Edit Montreal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,146.67 $
(4,366.20 C$)
645.36 $
(895.47 C$)
     -79.5 %
International Primary School, Yearly for 1 Child 56,857.14 $
(78,892.98 C$)
5,721.15 $
(7,938.46 C$)
     -89.9 %
Clothing And Shoes
New York, NY Edit Montreal Edit
1 Pair of Jeans (Levis 501 Or Similar) 65.67 $
(91.12 C$)
61.87 $
(85.85 C$)
     -5.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.95 $
(67.92 C$)
44.12 $
(61.22 C$)
     -9.9 %
1 Pair of Nike Running Shoes (Mid-Range) 111.85 $
(155.19 C$)
100.75 $
(139.79 C$)
     -9.9 %
1 Pair of Men Leather Business Shoes 174.73 $
(242.44 C$)
116.30 $
(161.38 C$)
     -33.4 %
Rent Per Month
New York, NY Edit Montreal Edit
Apartment (1 bedroom) in City Centre 3,926.09 $
(5,447.71 C$)
1,213.48 $
(1,683.78 C$)
     -69.1 %
Apartment (1 bedroom) Outside of Centre 2,759.22 $
(3,828.60 C$)
954.91 $
(1,325.00 C$)
     -65.4 %
Apartment (3 bedrooms) in City Centre 8,443.10 $
(11,715.35 C$)
2,053.96 $
(2,850.00 C$)
     -75.7 %
Apartment (3 bedrooms) Outside of Centre 5,177.60 $
(7,184.26 C$)
1,549.95 $
(2,150.66 C$)
     -70.1 %
Buy Apartment Price
New York, NY Edit Montreal Edit
Price per Square Feet to Buy Apartment in City Centre 1,667.95 $
(2,314.38 C$)
642.65 $
(891.71 C$)
     -61.5 %
Price per Square Feet to Buy Apartment Outside of Centre 1,197.27 $
(1,661.28 C$)
437.21 $
(606.66 C$)
     -63.5 %
Salaries And Financing
New York, NY Edit Montreal Edit
Average Monthly Net Salary (After Tax) 5,211.57 $
(7,231.39 C$)
2,694.21 $
(3,738.39 C$)
     -48.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.52 5.76      -11.7 %
Last update: April 2025April 2025
Contributors in the past 12 months:371391