Montreal
New YorkVS
Montreal is 70% cheaper than New York overall.
| Montreal | New York | |
|---|---|---|
| Rent (1BR City Centre) | $1,750.00 CAD | $5,455.32 CAD |
| Rent (1BR Outside Centre) | $1,450.00 CAD | $4,336.28 CAD |
| Groceries Index | 98 | 120 |
| Monthly Transit Pass | $97.00 CAD | $184.64 CAD |
| Utilities (monthly) | $110.00 CAD | $223.81 CAD |
| Gas (per litre) | $1.70 CAD | $1.47 CAD |
| Mid-range Meal | $25.00 CAD | $41.96 CAD |
| Gym Membership | $45.00 CAD | $111.90 CAD |
| Childcare (monthly) | $220.00 CAD | $3,077.36 CAD |
Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.
Salary Equivalence Calculator
If you earn $in Montreal...
You would need $201,918 in New York to maintain the same lifestyle.
Frequently asked questions
Is Montreal cheaper than New York?
Montreal is 70% cheaper than New York overall.
How much is rent in Montreal vs New York?
A one-bedroom in the city centre averages $1,750 CAD per month in Montreal and $3,900 USD in New York. Outside the centre, it is $1,450 CAD in Montreal and $3,100 USD in New York.
What salary do I need to move from Montreal to New York?
On average, you need about 337% of your current salary — for example, $60,000 in Montreal is roughly equivalent to $201,918 in New York.