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Monterrey 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.

Monterrey, MX vs Montreal, CA at a glance — Montreal, CA is 61% more expensive than Monterrey, MX overall. Median 1-bed rent runs about $1,150/mo versus $650/mo. Top income tax: 33% vs 35%.

$/ year

To keep the same standard of living in Montreal, CA, you'd need

$120,399 / year

Montreal, CA is 61% more expensive overall

Category breakdown (Montreal, CA vs Monterrey, MX)

  • Housing+85%
  • Food & groceries+71%
  • Transport+67%
  • Utilities+20%
  • Healthcare+29%
  • Goods & services+54%

◎ How Monterrey, MX and Montreal, CA compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Monterrey, MXMontreal, CA

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Monterrey, MXMontreal, CA
Cost of living
Overall cost index6299
Housing55102
Food62106
Transport4880
Utilities8298
Healthcare6280
Goods & services68105
Housing
Rent, 1-bed centre$650/mo$1,150/mo
Rent, 1-bed outside—$900/mo
Rent, 3-bed centre—$2,200/mo
Buy price / m² centre—$5,500
Money & purchasing power
$1,000 goes as far as$1,623$1,011
Inexpensive meal—$18
Monthly transit pass—$70
Taxes
Income tax (top rate)35%33%
VAT / sales tax16%5%
Corporate tax30%26.5%
Economy & salaries
Avg net salary$700/mo$3,300/mo
Avg annual wage (OECD, PPP)$24,463✓$67,901✓
Minimum wage$420/mo$1,900/mo
GDP per capita$13,889✓$55,698✓
Inflation (annual)3.8%✓2.1%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiency—High
Coworking spaces—50
Time zone—UTC-5
Quality of life
Quality of life (overall)—71
Safety index—72
Healthcare index—78
Pollution index—35
Internet speed—180 Mbps
Walkability—78
Public transport—78
Family-friendly—74
Tap water—Safe to drink
Life expectancy75 yr✓82 yr✓
LGBTQ+ acceptanceModerateHigh
Climate
January avg—-9 °C
July avg—+21 °C
Sunny days / year—160
Rainfall / year—1,000 mm
Connectivity
Flight to nearest hub—2 h

Taxes & Economy & salaries: Mexico vs Canada. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (OECD (PPP), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Monterrey vs Montreal — in your currency

MonterreyMontreal
1-bed rent, city centre$650$1,150
1-bed rent, outside centre$488$900

Converted from USD at approximate rates (2026-09).

Good to know before you move to Monterrey

Currency
Mexican peso ($ MXN)
Languages
Spanish
Power
A/B · 127V
Driving
Right-hand side

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

? Frequently asked questions

Moving from Monterrey to Montreal: cheaper or more expensive?

Moving from Monterrey to Montreal, your cost of living will be roughly 61% more expensive. Montreal’s cost-of-living index is 99 versus 62 for Monterrey (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Monterrey cheaper than Montreal?

Montreal is about 61% more expensive than Monterrey overall — its cost-of-living index is 99 versus 62 for Monterrey.

Which is more expensive, Monterrey or Montreal?

Montreal is more expensive than Monterrey. Its cost-of-living index is 99 vs 62 (US = 100) — about 60% higher.

Is rent cheaper in Monterrey or Montreal?

Rent is cheaper in Monterrey — about $650/month for a one-bedroom in the city centre, vs $1,150 in Montreal.

How much do you need to earn in Montreal to live like in Monterrey?

To keep the same standard of living, a $75,000 salary in Monterrey is worth about $120,399 in Montreal. Enter your own figure in the calculator above.

Which has lower taxes, Monterrey or Montreal?

Canada has the lower top income-tax rate — 33% versus 35% in Mexico.

◷ More comparisons from Monterrey

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.