Cost of living

Cost of living in Montréal

Average rent and household spending in Montréal — and a quick check of whether your rent is reasonable for your income.

Average rent in Montréal

CMHC, apartment structures of three units and over.

Bachelor$1,005/mo
1 bedroom$1,131/mo
2 bedroom$1,346/mo
3 bedroom$1,625/mo

Is your rent reasonable?

Check your rent in Montréal

Optional — to check the 30% affordability guideline.

That's about average for Montréal ($1,346).

City comparison

How Montréal compares

A one-bedroom in Montréal averages $1,131 a month, the 16th most expensive of the 18 cities we track and $276 below the 18-city average of $1,407.

Keeping rent under the 30% guideline takes a gross income of about $45,240 a year for a one-bedroom here, and about $53,840 for a two-bedroom.

The median individual income in Montréal is $45,640, so an average one-bedroom takes 30% of a median earner's gross income: comfortable.

Income percentiles in Montréal

Household spending in Quebec

Average household, per year (Survey of Household Spending).

Living costs
$64,557
Shelter
$17,596
Total
$94,321

Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.

What's next

Rent vs buyWhen buying beats renting.What home can you afford?The max price your income supports.Salary to buy a homeThe income a lender would require.