Skip to main content

Cost of Living in Montreal 2026: Complete Breakdown

Updated

Monthly Cost of Living Summary

ExpenseSingle PersonCoupleFamily of 4
Rent (1-bed / 2-bed / 3-bed)$1,500–$1,800$1,900–$2,400$2,300–$3,000
Groceries$350–$480$600–$840$900–$1,250
Transportation$97–$300$170–$400$250–$550
Utilities$100–$150$120–$180$150–$220
Internet + phone$110–$150$150–$200$160–$240
Insurance$80–$160$120–$240$160–$320
Dining/entertainment$150–$400$250–$550$250–$500
Fitness/personal$40–$120$60–$160$80–$200
Miscellaneous$80–$150$120–$220$150–$280
Total$2,507–$3,710$3,490–$5,190$4,400–$6,560

Rent Prices by Neighbourhood

NeighbourhoodStudio1-Bedroom2-Bedroom3-Bedroom
Griffintown$1,400–$1,700$1,800–$2,200$2,400–$3,000$3,000–$3,800
Downtown (Ville-Marie)$1,300–$1,600$1,700–$2,100$2,200–$2,800$2,800–$3,600
Old Montreal$1,400–$1,700$1,800–$2,200$2,400–$3,000Limited availability
Plateau Mont-Royal$1,100–$1,400$1,500–$1,900$1,900–$2,400$2,200–$2,800
Mile End$1,100–$1,400$1,400–$1,800$1,800–$2,300$2,100–$2,700
NDG (Notre-Dame-de-Grâce)$900–$1,200$1,200–$1,600$1,600–$2,000$1,900–$2,400
Rosemont–La Petite-Patrie$1,000–$1,300$1,300–$1,700$1,700–$2,200$2,000–$2,600
Verdun$900–$1,200$1,200–$1,600$1,600–$2,100$1,900–$2,500
Hochelaga-Maisonneuve$800–$1,100$1,100–$1,400$1,400–$1,800$1,600–$2,100
Villeray–Saint-Michel$800–$1,100$1,100–$1,500$1,400–$1,800$1,700–$2,200
Côte-des-Neiges$900–$1,200$1,200–$1,500$1,500–$1,900$1,800–$2,300
Laval (nearby suburb)$800–$1,100$1,100–$1,400$1,300–$1,700$1,600–$2,100

Home Prices

Property TypeAverage PriceMonthly Mortgage (20% down, 5.5%)
Condo (downtown)$350,000–$550,000$1,800–$2,840
Condo (suburbs)$250,000–$400,000$1,290–$2,060
Duplex/triplex$550,000–$900,000$2,840–$4,640
Townhouse$400,000–$650,000$2,060–$3,350
Detached house$500,000–$900,000$2,580–$4,640

Quebec Tax Impact

Tax/FeeQuebecOntarioAlbertaBC
Provincial income tax (first bracket)14%5.05%10%5.06%
Total sales tax14.975%13%5%12%
Quebec Pension Plan (vs CPP)Slightly higher contributionsLower (CPP)Lower (CPP)Lower (CPP)
QPIP premiums0.494% (employee)N/AN/AN/A
Prescription drug coverageMandatory RAMQ or privateOptionalOptionalOptional

Take-Home Pay Comparison: $75,000 Salary

ProvinceFederal TaxProvincial TaxCPP/QPP + EI/QPIPNet Take-Home
Quebec$10,900$10,800$5,200~$48,100
Ontario$10,900$4,500$4,600~$55,000
Alberta$10,900$7,500$4,600~$52,000
BC$10,900$3,800$4,600~$55,700

Quebec has the lowest take-home pay, but lower housing costs often more than compensate.

Grocery Costs

ItemAverage Price
Milk (4L)$6.00–$7.00
Bread (loaf)$3.00–$4.00
Eggs (dozen)$4.00–$5.00
Chicken breast (1 kg)$12.00–$16.00
Ground beef (1 kg)$9.00–$13.00
Rice (5 kg)$10.00–$14.00
Monthly groceries (1 person)$350–$480
Monthly groceries (family of 4)$900–$1,250

Transportation

ModeMonthly Cost
STM monthly pass (all modes)$97
STM monthly pass (reduced)$56
STM single ride$3.75
BIXI bike share (annual)$99
REM (Réseau express métropolitain)Included in STM pass
Car ownership (total)$650–$1,200
Car insurance (SAAQ + private)$80–$180
Gas$130–$220
Downtown parking (monthly)$150–$350

Montreal has the cheapest transit pass of any major Canadian city at $97/month.

Income Needed to Live in Montreal

Living SituationMonthly ExpensesGross Annual Salary Needed
Single (frugal, roommate)$1,600–$2,000$30,000–$36,000
Single (own 1-bedroom)$2,500–$3,300$44,000–$60,000
Single (comfortable, savings)$3,300–$4,000$60,000–$74,000
Couple (1-bedroom)$3,500–$4,500$64,000–$82,000 (combined)
Couple (2-bedroom, savings)$4,200–$5,500$78,000–$102,000 (combined)
Family of 4 (3-bed, renting)$5,000–$6,800$95,000–$128,000
Family of 4 (homeowner, comfortable)$6,500–$8,500$124,000–$162,000

Montreal vs Other Canadian Cities

Monthly ExpenseMontrealTorontoVancouverCalgaryOttawa
1-bed rent$1,650$2,400$2,600$1,750$1,900
Groceries (single)$420$475$490$440$430
Transit pass$97$160$110$115$125
Utilities (1-bed)$120$130$95$180$150
Sales tax14.975%13%12%5%13%
Total (single)$2,800$3,800$3,900$2,900$3,100