✦ Compare
Madrid vs
Montreal
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
To keep the same standard of living in Montreal, CA, you'd need
$72,029 / year
Montreal, CA is 4% cheaper overall
Category breakdown (Montreal, CA vs Madrid, ES)
- Housing-15%
- Food & groceries+6%
- Transport0%
- Utilities-11%
- Healthcare0%
- Goods & services+5%
◎ How Madrid, ES and Montreal, CA compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| Madrid, ES | Montreal, CA | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 103 | 99 |
| Housing | 120 | 102 |
| Food | 100 | 106 |
| Transport | 80 | 80 |
| Utilities | 110 | 98 |
| Healthcare | 80 | 80 |
| Goods & services | 100 | 105 |
| Housing | ||
| Rent, 1-bed centre | $1,300/mo | $1,150/mo |
| Rent, 1-bed outside | $950/mo | $900/mo |
| Rent, 3-bed centre | $2,600/mo | $2,200/mo |
| Buy price / m² centre | $6,000 | $5,500 |
| Money & purchasing power | ||
| $1,000 goes as far as | $971 | $1,011 |
| Inexpensive meal | $14 | $18 |
| Monthly transit pass | $60 | $70 |
| Taxes | ||
| Income tax (top rate) | 47% | 33% |
| VAT / sales tax | 21% | 5% |
| Social security (employee) | 6.4% | — |
| Corporate tax | 25% | 26.5% |
| Capital gains | 28% | — |
| Economy & salaries | ||
| Avg net salary | $1,900/mo | $3,300/mo |
| Minimum wage | $1,300/mo | $1,900/mo |
| GDP per capita | $38,627 | $55,698 |
| Inflation (annual) | 2.7% | 2.1% |
| Work & digital nomad | ||
| Digital-nomad visa | Yes | Yes |
| English proficiency | Low | High |
| Coworking spaces | 70 | 50 |
| Time zone | UTC+1 | UTC-5 |
| Quality of life | ||
| Safety index | 62 | 72 |
| Healthcare index | 80 | 78 |
| Pollution index | 45 | 35 |
| Internet speed | 200 Mbps | 180 Mbps |
| Walkability | 88 | 78 |
| Public transport | 90 | 78 |
| Family-friendly | 68 | 74 |
| Tap water | Safe to drink | Safe to drink |
| Life expectancy | 84 yr | 82 yr |
| LGBTQ+ acceptance | High | High |
| Climate | ||
| January avg | +6 °C | -9 °C |
| July avg | +25 °C | +21 °C |
| Sunny days / year | 250 | 160 |
| Rainfall / year | 420 mm | 1,000 mm |
| Connectivity | ||
| Flight to nearest hub | 1 h | 2 h |
Taxes & Economy & salaries: Spain vs Canada. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
Good to know before you move to Madrid
Spain's sunny, sociable capital — great transit and food, affordable by Western-European standards.
- Currency
- Euro (€ EUR)
- Languages
- Spanish
- Time zone
- UTC+1
- Internet
- 200 Mbps
- English
- Rarely spoken
- Safety
- 62/100
- Climate
- ❄ 6°C · ☀ 25°C · 250 sunny days/yr
- Tap water
- Safe to drink
- Power
- F · 230V
- Driving
- Right-hand side
- Popular areas
- Malasaña · Chamberí · La Latina
Good to know before you move to Montreal
A bilingual, European-flavoured metropolis and the most affordable of Canada's big cities — rents well below Toronto or Vancouver, a huge festival and food culture, and cheap universities. The catch is the long, brutally cold winter and Quebec's French-first bureaucracy.
- Currency
- Canadian dollar ($ CAD)
- Languages
- English, French
- Time zone
- UTC-5
- Internet
- 180 Mbps
- English
- Widely spoken
- Safety
- 72/100
- Climate
- ❄ -9°C · ☀ 21°C · 160 sunny days/yr
- Tap water
- Safe to drink
- Power
- A/B · 120V
- Driving
- Right-hand side
- Popular areas
- Plateau-Mont-Royal · Mile End · Griffintown · Rosemont
Plan your move to Madrid
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsNH Hotels
- Car rentalLocalrent
- Airport transferWelcome Pickups
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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Plan your move to Montreal
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- Car rentalEconomybookings
- Airport transferKiwitaxi
- Tours & ticketsKlook
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Parking & carWay.com
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? Frequently asked questions
Moving from Madrid to Montreal: cheaper or more expensive?
Moving from Madrid to Montreal, your cost of living will be roughly 4% cheaper. Montreal’s cost-of-living index is 99 versus 103 for Madrid (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is Madrid cheaper than Montreal?
Montreal is about 4% cheaper than Madrid overall — its cost-of-living index is 99 versus 103 for Madrid.
How much do you need to earn in Montreal to live like in Madrid?
To keep the same standard of living, a $75,000 salary in Madrid is worth about $72,029 in Montreal. Enter your own figure in the calculator above.
Which has lower taxes, Madrid or Montreal?
Canada has the lower top income-tax rate — 33% versus 47% in Spain.
◷ More comparisons from Madrid
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.