Cost of Living Comparison Between New York, NY and Montreal 

Indices DifferenceInfo
Consumer Prices in Montreal are 36.7% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Montreal are 52.8% lower than in New York, NY
Rent Prices in Montreal are 70.4% lower than in New York, NY
Restaurant Prices in Montreal are 34.0% lower than in New York, NY
Groceries Prices in Montreal are 31.9% lower than in New York, NY
Local Purchasing Power in Montreal is 3.4% 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 $
(41.02 C$)
18.28 $
(25.00 C$)
     -39.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(177.74 C$)
87.77 $
(120.00 C$)
     -32.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(16.41 C$)
10.97 $
(15.00 C$)
     -8.6 %
Domestic Beer (1 pint draught) 8.00 $
(10.94 C$)
5.85 $
(8.00 C$)
     -26.9 %
Imported Beer (12 oz small bottle) 10.50 $
(14.36 C$)
5.85 $
(8.00 C$)
     -44.3 %
Cappuccino (regular) 5.56 $
(7.60 C$)
3.82 $
(5.23 C$)
     -31.2 %
Coke/Pepsi (12 oz small bottle) 3.02 $
(4.12 C$)
2.06 $
(2.81 C$)
     -31.9 %
Water (12 oz small bottle) 2.29 $
(3.13 C$)
1.51 $
(2.07 C$)
     -33.9 %
Markets
New York, NY Edit Montreal Edit
Milk (regular), (1 gallon) 5.82 $
(7.95 C$)
8.02 $
(10.97 C$)
     +38.0 %
Loaf of Fresh White Bread (1 lb) 4.29 $
(5.86 C$)
2.85 $
(3.90 C$)
     -33.5 %
Rice (white), (1 lb) 3.25 $
(4.44 C$)
1.51 $
(2.06 C$)
     -53.6 %
Eggs (regular) (12) 5.46 $
(7.46 C$)
3.33 $
(4.55 C$)
     -39.1 %
Local Cheese (1 lb) 7.65 $
(10.47 C$)
5.49 $
(7.50 C$)
     -28.3 %
Chicken Fillets (1 lb) 7.13 $
(9.75 C$)
5.52 $
(7.54 C$)
     -22.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.04 $
(12.36 C$)
6.50 $
(8.89 C$)
     -28.1 %
Apples (1 lb) 3.14 $
(4.30 C$)
1.62 $
(2.21 C$)
     -48.5 %
Banana (1 lb) 0.93 $
(1.27 C$)
0.67 $
(0.92 C$)
     -27.2 %
Oranges (1 lb) 2.70 $
(3.70 C$)
1.77 $
(2.41 C$)
     -34.7 %
Tomato (1 lb) 2.82 $
(3.85 C$)
2.04 $
(2.79 C$)
     -27.5 %
Potato (1 lb) 1.93 $
(2.64 C$)
0.95 $
(1.30 C$)
     -50.8 %
Onion (1 lb) 1.71 $
(2.34 C$)
1.08 $
(1.48 C$)
     -36.9 %
Lettuce (1 head) 2.88 $
(3.93 C$)
2.48 $
(3.39 C$)
     -13.8 %
Water (1.5 liter bottle) 2.43 $
(3.32 C$)
1.72 $
(2.35 C$)
     -29.2 %
Bottle of Wine (Mid-Range) 20.00 $
(27.35 C$)
14.63 $
(20.00 C$)
     -26.9 %
Domestic Beer (0.5 liter bottle) 2.53 $
(3.46 C$)
3.32 $
(4.54 C$)
     +31.3 %
Imported Beer (12 oz small bottle) 3.83 $
(5.23 C$)
3.28 $
(4.48 C$)
     -14.4 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(23.24 C$)
10.97 $
(15.00 C$)
     -35.5 %
Transportation
New York, NY Edit Montreal Edit
One-way Ticket (Local Transport) 2.90 $
(3.97 C$)
2.74 $
(3.75 C$)
     -5.4 %
Monthly Pass (Regular Price) 132.00 $
(180.48 C$)
70.94 $
(97.00 C$)
     -46.3 %
Taxi Start (Normal Tariff) 5.00 $
(6.84 C$)
3.33 $
(4.55 C$)
     -33.4 %
Taxi 1 mile (Normal Tariff) 3.50 $
(4.79 C$)
2.35 $
(3.22 C$)
     -32.7 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $
(41.02 C$)
38.84 $
(53.10 C$)
     +29.5 %
Gasoline (1 gallon) 3.87 $
(5.29 C$)
4.75 $
(6.50 C$)
     +23.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 $
(38,283.48 C$)
24,851.03 $
(33,978.00 C$)
     -11.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,053.26 $
(36,989.03 C$)
20,243.25 $
(27,677.92 C$)
     -25.2 %
Utilities (Monthly)
New York, NY Edit Montreal Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 177.38 $
(242.52 C$)
80.17 $
(109.61 C$)
     -54.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.96 $
(86.09 C$)
38.90 $
(53.19 C$)
     -38.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.77 $
(95.40 C$)
45.04 $
(61.59 C$)
     -35.4 %
Sports And Leisure
New York, NY Edit Montreal Edit
Fitness Club, Monthly Fee for 1 Adult 132.14 $
(180.67 C$)
32.44 $
(44.35 C$)
     -75.5 %
Tennis Court Rent (1 Hour on Weekend) 74.17 $
(101.41 C$)
16.46 $
(22.50 C$)
     -77.8 %
Cinema, International Release, 1 Seat 20.00 $
(27.35 C$)
10.97 $
(15.00 C$)
     -45.1 %
Childcare
New York, NY Edit Montreal Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,065.64 $
(4,191.55 C$)
680.71 $
(930.71 C$)
     -77.8 %
International Primary School, Yearly for 1 Child 63,250.00 $
(86,479.64 C$)
6,852.52 $
(9,369.23 C$)
     -89.2 %
Clothing And Shoes
New York, NY Edit Montreal Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.82 $
(94.10 C$)
63.57 $
(86.92 C$)
     -7.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.42 $
(62.10 C$)
47.30 $
(64.67 C$)
     +4.1 %
1 Pair of Nike Running Shoes (Mid-Range) 97.00 $
(132.62 C$)
87.16 $
(119.17 C$)
     -10.1 %
1 Pair of Men Leather Business Shoes 165.86 $
(226.78 C$)
106.14 $
(145.12 C$)
     -36.0 %
Rent Per Month
New York, NY Edit Montreal Edit
Apartment (1 bedroom) in City Centre 4,162.14 $
(5,690.76 C$)
1,225.00 $
(1,674.91 C$)
     -70.6 %
Apartment (1 bedroom) Outside of Centre 2,912.38 $
(3,982.00 C$)
964.72 $
(1,319.02 C$)
     -66.9 %
Apartment (3 bedrooms) in City Centre 8,432.88 $
(11,530.00 C$)
2,157.59 $
(2,950.00 C$)
     -74.4 %
Apartment (3 bedrooms) Outside of Centre 4,431.43 $
(6,058.95 C$)
1,554.10 $
(2,124.87 C$)
     -64.9 %
Buy Apartment Price
New York, NY Edit Montreal Edit
Price per Square Feet to Buy Apartment in City Centre 1,698.83 $
(2,322.76 C$)
696.19 $
(951.88 C$)
     -59.0 %
Price per Square Feet to Buy Apartment Outside of Centre 1,192.75 $
(1,630.80 C$)
397.68 $
(543.74 C$)
     -66.7 %
Salaries And Financing
New York, NY Edit Montreal Edit
Average Monthly Net Salary (After Tax) 6,000.32 $
(8,204.04 C$)
2,734.08 $
(3,738.21 C$)
     -54.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.67 6.36      -4.7 %
Last update: April 2024April 2024
Contributors in the past 12 months:505423