Montreal has historically been less expensive than Toronto or Vancouver, but housing costs have risen significantly. Your neighbourhood and housing choice now make a major difference.
Housing
Rent is usually the largest monthly expense. Central, renovated units and newer condos cost considerably more than older apartments farther from the core.
Transportation
A Metro/bus pass can replace many car costs for residents who live and work near transit. Car ownership adds insurance, fuel, parking and winter-related expenses.
Food
Grocery costs vary by shopping habits. Montreal’s public markets can be excellent for fresh food, while restaurant spending ranges from inexpensive neighbourhood institutions to high-end dining.
Utilities and winter
Heating method and insulation matter. Older apartments can have very different winter energy costs, so clarify what is included in rent before signing a lease.
Taxes
Quebec has its own provincial tax system and residents should evaluate after-tax income, not salary alone, when comparing Montreal with another Canadian city.