Salary Equivalence

Montreal

Montreal, Canada — cost-of-living and salary purchasing-power profile with a price-level index of 64.0 (New York City = 100).

Key figures

Price level index64.0
Rent index48.0
Population1,780,000

About Montreal

Montreal has a composite price-level index of 64.0 (New York City = 100) and a rent index of 48.0, making it a moderately priced city. It is home to roughly 1.8 million people and uses the CAD. The calculators below convert any salary to and from Montreal so you can judge a move in real purchasing-power terms rather than raw currency.

The comparisons below show how Montreal stacks up against the alternatives people most often weigh against it, with the specific numbers laid out side by side.

Frequently asked questions

How expensive is Montreal?

Montreal has a composite price-level index of 64.0 (NYC = 100) and a rent index of 48.0.

What currency is used in Montreal?

Montreal uses the CAD.

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Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01

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