Cost of Living in Montreal 

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Montreal is a popular destination for both students and professionals in Canada. The cost of living in Montreal is lower than in various other cities around the country. For the past couple of years, Montreal has become more budget-friendly, especially for international students who are living in Montreal for their higher education purposes. The city also provides its citizens with a high standard of living. If you want to know more about the cost of living in Montreal, this blog is perfect for you. Make sure you read until the end to know more. 



Before knowing more about the cost of living in Montreal, let’s discuss a few points regarding the location of Montreal. Montreal is located in the province of Quebec in the country’s southeast part. It is the province’s main metropolis. The city occupies over 3/4 of the well-known Montreal Island, which is located near the confluence of the St. Lawrence and Ottawa Rivers.

Also Read: Reduce Cost of Living as an International Student

Climate Condition 

This is one of the most important things you need to know about Montreal. Throughout the year, Montreal gets continental temperatures. The climate in both summer and winter is influenced by westerly winds and the city’s proximity to the Great Lakes. In January, average temperatures can drop to -9 degrees Celsius, while in July, they can reach 22 degrees Celsius. The city receives roughly 41 inches of precipitation each year. 

Students can enjoy a variety of interesting places in Montreal. The Place Ville-Marie is a well-known structure with 40 stories of underground restaurants, shops, and theatres. Visitors can enjoy fantastic gastronomic, commercial, and artistic experiences in the downtown zone. The 1000 de la Gauchetiere became the city’s tallest structure in 1992, while the 1250 Rene-Levesque Ouest was also completed in 1992. The International Jazz Festival, Laughs Festival, and other festivals are held in the downtown area. Lafontaine Park, with its open-air theatre, ponds, trees, and bicycle paths, covers about 400,000 square metres on the Plateau Mont-Royal. Along with the Village, the Latin Quarter is a well-known neighbourhood. 

Also Read: Cost of Studying in Canada for Indian Students

Montreal Key Highlights

This is another important thing international students need to know. The cost of living in Montreal is heavily influenced by its popularity as well as overall ranking from different perspectives. Some of the most eye-catching aspects of Montreal are:

  • Resonance named Montreal 48th among the world’s best 100 cities for 2021. The survey also placed Montreal 25th in terms of culture
  • Over 146 acres, Montreal also offers Canada’s second-largest amusement park
  • Montreal is also the second-largest French-speaking city in the world
  • It also has the most restaurants per capita in the country
  • Back in 2006, the Global Alliance for Cultural Diversity named it the first North American city to be designated as a UNESCO City of Design

Also Read: Which is the Cheapest City to Live in Canada?

Cost of Living in Montreal 

Now that you have known other important pieces of information regarding Montreal, it’s time to know the cost of living. Here are the details that will help you determine your budget accordingly. 


MilkCAD 2.79
CheeseCAD 15.56
Bread CAD 3.79
Eggs CAD 3.98
Rice CAD 3.87
Chicken Fillet CAD 15.63
Oranges CAD 4.24
ApplesCAD 4.31
Meals for OneCAD 15


The transportation costs will depend on the locality. Some specific parts of Montreal have less transportation costs than other parts. 

One-Way TicketCAD 3.95
Monthly Transportation PassCAD 94


Electricity, heating, cooling, water, and garbageCAD 104.23
Internet CAD 63.73


This is undoubtedly the most expensive thing you need to take into consideration while calculating the cost of living in Montreal. Depending on the accommodation options you choose, your cost of living in Montreal might increase or decrease. 

One-bedroom apartment near City Center CAD 1,433
One-bedroom apartment outside City Center CAD 1,110
Three-bedroom apartment near City Center CAD 2,524
Three-bedroom apartment outside City Center CAD 1,824


Is Montreal Canada expensive to live in?

Unlike some other cities in Canada, Montreal is much more affordable, both for students and for working professionals. 

How much money do you need to live comfortably in Montreal?

If you’re a bachelor or living alone, you will need around CAD 3,000 to live comfortably in Montreal. 

Is Toronto or Montreal cheaper?

Montreal is more cost-effective than Toronto. 

This is everything you need to know about the cost of living in Montreal. If you’re looking forward to pursuing your higher education in Montreal or in Canada, make sure you contact the study abroad experts of Leverage Edu and they will guide you. 

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