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Calculate Your Finances in Montreal

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CAD/month

Free calculator with 2026 tax rates. No data stored.

Cost of Living in Montreal, Canada

Bilingual cultural capital. Strong tech, gaming, and aerospace sectors. European charm, lower cost than Toronto/Vancouver. French preferred but English widely spoken.

Currency
CAD ($)
English Level
Good
Healthcare
Public (Provincial Health Insurance)

Rental Prices in Montreal

1-Bedroom Apartment
$1,400 - $2,300
per month
2-Bedroom Apartment
$1,800 - $3,000
per month

* Prices shown are second-hand rental market rates, typical for expats.6 neighborhoods tracked. Source: Official government housing statistics.

Monthly Living Costs

Groceries
$450
Transport
$99
Utilities
$205
Dining Out
$250

Utility costs based on Eurostat Energy Statistics.

Popular Neighborhoods

Plateau Mont-Royal
Iconic Montreal neighborhood. Colorful staircases, bagels, cafes, artistic vibe. Very walkable.
15 min metro•$1,700+/mo
Downtown
Business and shopping hub. Underground city, McGill University, central location.
5 min walk•$1,800+/mo
Mile End
Creative hub for tech and gaming. Famous bagels, indie music, multicultural.
18 min metro•$1,600+/mo
Griffintown
Rapidly developing condo district. New restaurants, canal-side living, young professionals.
12 min walk•$1,900+/mo
Verdun
Up-and-coming riverside neighborhood. Affordable, diverse, beach in summer. Green Line metro.
20 min metro•$1,400+/mo
Rosemont-La Petite-Patrie
Family-friendly with great parks. Little Italy nearby, diverse, good value for space.
20 min metro•$1,500+/mo

Work Visa

Express Entry for skilled workers (points-based). LMIA required for most employer-sponsored permits.

Processing: 2-6 months (Express Entry), 2-4 months (LMIA)

Relocation Costs

First and last month rent common. Credit check required. No agent fees for tenants. Utilities usually separate.

Typical deposit: 1 months rent

Enter your salary above to see a personalized breakdown of your finances in Montreal

Our calculator shows net income after taxes, affordable neighborhoods, and savings potential

Data last updated: January 2026•View methodology

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Guides for Montreal

  • Moving Abroad Checklist: Everything You Need to DoThe complete checklist for relocating internationally - from 6 months before to your first week abroad. Documents, finances, housing, and more.
    Planning14 min read
View all guides →

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More in Canada

TorontoCanada's largest city and financial capital
Avg. 1BR: $2,714/mo
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Avg. 1BR: $2,708/mo
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Avg. 1BR: $1,900/mo

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See what your salary really means before you move. Net pay, rent, and savings across 32 countries.

Updated Jan 2026

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© 2026 AffordWhere. Estimates only, not financial advice.

2026 tax rules • Jan 2026 rent data