Cost of Living Comparison Between New York, NY and Montreal 

Indices DifferenceInfo
Cost of Living in Montreal is 39.0% lower than in New York, NY (excluding rent)
Cost of Living Including Rent in Montreal is 53.7% lower than in New York, NY
Rent Prices in Montreal are 72.2% lower than in New York, NY
Restaurant Prices in Montreal are 39.7% lower than in New York, NY
Groceries Prices in Montreal are 27.5% lower than in New York, NY
Local Purchasing Power in Montreal is 16.9% 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 $
(41.21 C$)
17.84 $
(24.50 C$)
     -40.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 137.50 $
(188.88 C$)
72.80 $
(100.00 C$)
     -47.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 13.00 $
(17.86 C$)
10.92 $
(15.00 C$)
     -16.0 %
Domestic Beer (1 pint draught) 8.00 $
(10.99 C$)
6.37 $
(8.75 C$)
     -20.4 %
Imported Beer (12 oz small bottle) 12.00 $
(16.48 C$)
6.55 $
(9.00 C$)
     -45.4 %
Cappuccino (regular) 6.04 $
(8.30 C$)
3.69 $
(5.07 C$)
     -38.9 %
Coke/Pepsi (12 oz small bottle) 3.20 $
(4.40 C$)
2.06 $
(2.83 C$)
     -35.8 %
Water (12 oz small bottle) 2.54 $
(3.49 C$)
1.47 $
(2.01 C$)
     -42.4 %
Markets
New York, NY Edit Montreal Edit
Milk (regular), (1 gallon) 5.86 $
(8.05 C$)
8.91 $
(12.24 C$)
     +52.1 %
Loaf of Fresh White Bread (1 lb) 4.58 $
(6.29 C$)
3.00 $
(4.12 C$)
     -34.5 %
Rice (white), (1 lb) 3.71 $
(5.10 C$)
1.74 $
(2.39 C$)
     -53.2 %
Eggs (regular) (12) 6.33 $
(8.69 C$)
3.36 $
(4.62 C$)
     -46.8 %
Local Cheese (1 lb) 7.56 $
(10.38 C$)
7.67 $
(10.54 C$)
     +1.5 %
Chicken Fillets (1 lb) 7.15 $
(9.82 C$)
5.39 $
(7.40 C$)
     -24.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.10 $
(12.50 C$)
7.08 $
(9.73 C$)
     -22.1 %
Apples (1 lb) 3.38 $
(4.65 C$)
1.68 $
(2.31 C$)
     -50.2 %
Banana (1 lb) 1.13 $
(1.55 C$)
0.72 $
(1.00 C$)
     -35.9 %
Oranges (1 lb) 2.47 $
(3.39 C$)
1.88 $
(2.59 C$)
     -23.6 %
Tomato (1 lb) 2.70 $
(3.71 C$)
1.98 $
(2.72 C$)
     -26.8 %
Potato (1 lb) 1.68 $
(2.30 C$)
1.26 $
(1.72 C$)
     -25.1 %
Onion (1 lb) 1.69 $
(2.32 C$)
1.08 $
(1.49 C$)
     -36.0 %
Lettuce (1 head) 3.25 $
(4.47 C$)
2.29 $
(3.14 C$)
     -29.7 %
Water (1.5 liter bottle) 2.53 $
(3.47 C$)
1.80 $
(2.48 C$)
     -28.7 %
Bottle of Wine (Mid-Range) 19.99 $
(27.46 C$)
13.47 $
(18.50 C$)
     -32.6 %
Domestic Beer (0.5 liter bottle) 2.80 $
(3.85 C$)
3.12 $
(4.28 C$)
     +11.2 %
Imported Beer (12 oz small bottle) 3.67 $
(5.04 C$)
3.46 $
(4.76 C$)
     -5.7 %
Cigarettes 20 Pack (Marlboro) 18.00 $
(24.73 C$)
13.10 $
(18.00 C$)
     -27.2 %
Transportation
New York, NY Edit Montreal Edit
One-way Ticket (Local Transport) 2.90 $
(3.98 C$)
2.73 $
(3.75 C$)
     -5.9 %
Monthly Pass (Regular Price) 132.00 $
(181.32 C$)
72.80 $
(100.00 C$)
     -44.8 %
Taxi Start (Normal Tariff) 5.00 $
(6.86 C$)
3.64 $
(5.00 C$)
     -27.1 %
Taxi 1 mile (Normal Tariff) 3.50 $
(4.81 C$)
2.49 $
(3.42 C$)
     -28.9 %
Taxi 1hour Waiting (Normal Tariff) 42.00 $
(57.69 C$)
33.56 $
(46.10 C$)
     -20.1 %
Gasoline (1 gallon) 3.73 $
(5.12 C$)
4.53 $
(6.22 C$)
     +21.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,500.00 $
(47,390.92 C$)
24,735.56 $
(33,978.00 C$)
     -28.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,985.28 $
(38,441.98 C$)
21,485.19 $
(29,513.13 C$)
     -23.2 %
Utilities (Monthly)
New York, NY Edit Montreal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 189.37 $
(260.12 C$)
77.04 $
(105.83 C$)
     -59.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 59.97 $
(82.37 C$)
37.01 $
(50.84 C$)
     -38.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.31 $
(85.59 C$)
44.06 $
(60.52 C$)
     -29.3 %
Sports And Leisure
New York, NY Edit Montreal Edit
Fitness Club, Monthly Fee for 1 Adult 159.00 $
(218.41 C$)
40.97 $
(56.28 C$)
     -74.2 %
Tennis Court Rent (1 Hour on Weekend) 64.58 $
(88.71 C$)
15.79 $
(21.69 C$)
     -75.6 %
Cinema, International Release, 1 Seat 20.00 $
(27.47 C$)
10.92 $
(15.00 C$)
     -45.4 %
Childcare
New York, NY Edit Montreal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,164.36 $
(4,346.72 C$)
651.89 $
(895.47 C$)
     -79.4 %
International Primary School, Yearly for 1 Child 56,857.14 $
(78,101.81 C$)
5,779.10 $
(7,938.46 C$)
     -89.8 %
Clothing And Shoes
New York, NY Edit Montreal Edit
1 Pair of Jeans (Levis 501 Or Similar) 66.88 $
(91.87 C$)
62.19 $
(85.42 C$)
     -7.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.95 $
(67.24 C$)
45.19 $
(62.07 C$)
     -7.7 %
1 Pair of Nike Running Shoes (Mid-Range) 113.27 $
(155.59 C$)
102.28 $
(140.50 C$)
     -9.7 %
1 Pair of Men Leather Business Shoes 167.33 $
(229.86 C$)
119.49 $
(164.14 C$)
     -28.6 %
Rent Per Month
New York, NY Edit Montreal Edit
Apartment (1 bedroom) in City Centre 3,992.29 $
(5,484.00 C$)
1,207.40 $
(1,658.55 C$)
     -69.8 %
Apartment (1 bedroom) Outside of Centre 2,765.47 $
(3,798.79 C$)
968.89 $
(1,330.92 C$)
     -65.0 %
Apartment (3 bedrooms) in City Centre 8,816.67 $
(12,111.01 C$)
2,060.03 $
(2,829.76 C$)
     -76.6 %
Apartment (3 bedrooms) Outside of Centre 5,227.60 $
(7,180.89 C$)
1,556.07 $
(2,137.50 C$)
     -70.2 %
Buy Apartment Price
New York, NY Edit Montreal Edit
Price per Square Feet to Buy Apartment in City Centre 1,668.59 $
(2,292.06 C$)
649.16 $
(891.71 C$)
     -61.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,197.27 $
(1,644.62 C$)
441.64 $
(606.66 C$)
     -63.1 %
Salaries And Financing
New York, NY Edit Montreal Edit
Average Monthly Net Salary (After Tax) 5,141.57 $
(7,062.72 C$)
2,782.09 $
(3,821.62 C$)
     -45.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 5.72      -11.5 %
Last update: 24 May 202520 May 2025
Contributors in the past 12 months:377373