City Guides

Is Montreal Expensive? The 2025 Cost Guide for Visitors and Residents in Montreal

montreal skyscrapers, an expensive city
Radical Storage

Travel light in Montreal!

Find affordable luggage storage near you

Montreal is a vibrant, culturally rich metropolis known for its festivals, world-class cuisine, and a blend of European charm with North American practicality. Whether you’re considering a short trip, debating relocation, or simply curious about the city’s affordability, the perennial question remains: is Montreal expensive? The answer varies depending on whether you’re visiting for a few days or considering living here long-term. In this ultimate guide, we’ll address all aspects of Montreal’s cost by answering key queries such as “is Montreal expensive to visit,” and “is it expensive to live in Montreal,”

In the following sections, you’ll discover an in-depth analysis covering everything from accommodation and dining to transportation and utilities. We’ll also provide comprehensive comparisons and insider tips to help you budget smartly whether you’re a visitor or planning to settle down.

Understanding Montreal’s Cost Landscape: How Expensive is Montreal Overall?

Montreal boasts an exciting cultural and economic environment, yet the overall costs depend on factors like neighborhood, lifestyle, and seasonal trends. Key influences include:

  • Neighborhood Variability: Rental prices and everyday expenses differ notably between downtown Montreal, the Plateau, and suburban areas.
  • Tourism Demand and Cultural Vibrancy: A busy festival calendar and dynamic arts scene can push prices up during peak seasons.
  • Quality of Life: Excellent public transportation, affordable dining, and diverse entertainment ensure Montreal continues to offer great value for residents and tourists alike.

For regularly updated numbers, check out Numbeo: Montreal Cost of Living and Expatistan: Montreal Cost of Living.

Is Montreal Expensive to Visit? A Guide for Tourists

tourists in montreal

Montreal Accommodation Options: How Expensive is Montreal for Tourists?

  • Budget Travel – Is Montreal Expensive to Visit on a Budget?
    Hostels and budget hotels usually range from CAD 25 to CAD 50 per night, making Montreal accessible even for travelers with limited funds.
  • Mid-Range Choices – How Expensive is Montreal for Comfortable Stays?
    Boutique hotels and private Airbnbs cost between CAD 70 and CAD 120 per night, offering comfort at reasonable rates.
  • Luxury Experience – Is Montreal Expensive to Visit for Luxury Travelers?
    Upscale hotels in the downtown core charge CAD 150+ per night, providing premium amenities and elegant accommodations.

Tourist Accommodation Comparison

Accommodation TypeNightly Rate (CAD)Notes
Budget Hostel/HotelCAD 25 – CAD 50Ideal for backpackers and budget travelers
Boutique Hotel/AirbnbCAD 70 – CAD 120Comfortable options in convenient areas
Luxury HotelCAD 150+High-end services and prime locations

Daily Tourist Budget in Montreal: How Expensive is Montreal for Visitors?

  • Budget Traveler Daily Costs:
    Expect to spend about CAD 60–CAD 100 per day on accommodation, meals, transit, and free attractions.
  • Mid-Range Visitor Expenses:
    An approximate daily budget of CAD 150–CAD 250 covers a mix of mid-range dining, comfortable lodging, and occasional taxi rides.
  • Luxury Traveler Spending:
    Visitors seeking indulgence might spend CAD 300+ per day for premium experiences and upscale dining.

Daily Budget Comparison for Tourists

Expense CategoryBudget (CAD/day)Mid-Range (CAD/day)Luxury (CAD/day)
Accommodation25 – 5070 – 120150+
Meals & Dining15 – 3040 – 7080+
Transportation5 – 1010 – 2020+
Attractions/Activities15 – 2020 – 4050+
Total Daily Budget60 – 100150 – 250300+

How Expensive is Montreal for Food and Dining? Is Montreal Expensive to Eat and Drink?

Montreal’s culinary scene is a key highlight for both residents and visitors.

  • Street Food & Local Snacks: Enjoy quick bites like poutine, bagels, and pastries for CAD 4–CAD 8.
  • Casual Dining: A meal in a casual restaurant typically costs between CAD 12 and CAD 20.
  • Mid-Range Dining: A three-course meal at a mid-range restaurant runs around CAD 25–CAD 40.
  • High-End Experiences: Upscale dining can exceed CAD 50 per person for gourmet menus.

Dining Cost Overview

Dining OptionPrice Range (CAD)Details
Street Food & SnacksCAD 4 – CAD 8Quick, affordable local treats
Casual Restaurant MealCAD 12 – CAD 20Everyday dining for lunch or dinner
Mid-Range RestaurantCAD 25 – CAD 40Three-course meals for a full experience
High-End Dining ExperienceCAD 50+Upscale options in trendy neighborhoods
Café/DrinksCAD 2 – CAD 4Coffee, tea, or soft drinks in local cafés

These affordable options ensure that whether you ask, is Montreal expensive to eat and drink, you’ll find plenty of delicious, budget-friendly choices.

Transportation in Montreal: How Expensive is Montreal for Getting Around?

Public Transit: Montreal’s Economic Way to Explore

  • Single Ride Ticket: Approximately CAD 3.50 per ride.
  • Monthly Transit Pass: Around CAD 90, offering unlimited travel on buses and metro.

Other Transportation Options

  • Taxis and Ride-Sharing: Short rides typically start at about CAD 4, with fares increasing by distance.
  • Cycling and Walking: Montreal is very pedestrian- and bike-friendly; bike rentals cost CAD 10–CAD 15 per day.

Transportation Cost Table

Transport ModeCost Estimate (CAD)Details
Single Public Transit Ticket~CAD 3.50Metro, bus, or tram ride
Monthly Transit Pass~CAD 90Unlimited travel throughout the city
Taxi/Ride-SharingCAD 4 – CAD 8Depends on distance and peak hours
Bike Rental/SharingCAD 10 – CAD 15 per dayEco-friendly, great for exploring downtown

Efficient and affordable transportation helps answer the question, how expensive is Montreal for daily visitors and residents alike.

Is it Expensive to Live in Montreal? How Expensive is it to Live in Montreal?

woman on bike in montreal

For those weighing a move, let’s examine whether it is expensive to live in Montreal. Compared to other major North American cities, Montreal maintains a moderate cost of living.

Housing and Rent: Evaluating How Expensive is Montreal for Residents

  • Downtown Rentals: A one-bedroom apartment in the city center typically costs between CAD 1,200 and CAD 1,600 per month.
  • Suburban/Shared Housing: In areas outside the city center, rents often range from CAD 900 to CAD 1,300 per month.
  • Shared Housing Options: Sharing an apartment can lower individual expenses even further.

Utilities and Everyday Living Costs

  • Basic Utilities: Combined monthly costs for electricity, heating, water, etc. generally fall between CAD 100 and CAD 150.
  • Internet & Mobile Plans: High-speed internet and basic mobile services come to about CAD 70–CAD 90 combined.
  • Groceries: Monthly grocery bills for a single person are roughly CAD 250–CAD 350.

Long-Term Living Cost Overview

Expense CategoryEstimated Monthly Cost (CAD)Notes
Rent (City Centre 1-Bedroom)CAD 1,200 – CAD 1,600Higher in desirable downtown neighborhoods
Rent (Suburban/Shared Housing)CAD 900 – CAD 1,300More budget-friendly with shorter commutes
Utilities (Electricity, Water, etc.)CAD 100 – CAD 150Essential monthly costs
Internet & MobileCAD 70 – CAD 90High-speed connection and basic mobile plan
Groceries & EssentialsCAD 250 – CAD 350Based on standard shopping habits
Total Estimated CostApproximately CAD 2,520 – CAD 3,490Provides a balanced, moderate lifestyle in Montreal

Thus, when asked is it expensive to live in Montreal or how expensive is it to live in Montreal, the overall cost of living is quite reasonable relative to income levels.

Comparing Montreal with Other Major Cities: How Expensive is Montreal Against Its Peers?

Montreal vs. Toronto

  • Rent:
    Montreal’s downtown one-bedroom rentals range from CAD 1,200 to CAD 1,600 versus Toronto’s CAD 1,800 to CAD 2,500.
  • Dining:
    Dining costs in Montreal are slightly lower overall compared to Toronto.
  • Public Transit:
    Both cities offer efficient transit, though Montreal’s fares and pass prices tend to be lower.

Montreal vs. New York City

  • Rent:
    New York City rents are substantially higher, often several times those in Montreal.
  • Daily Living Costs:
    Overall daily expenses, from dining to transportation, are significantly higher in NYC.

These comparisons reinforce that Montreal delivers impressive value both as a visitor destination and as a place to live.

Seasonal Trends in Montreal: When is Montreal Expensive to Visit?

montreal street art

Peak Season (Summer and Festivals)

  • Timeframe: Late June to early September, coinciding with events like the Montreal International Jazz Festival.
  • Impact: Higher hotel and dining prices due to demand.
  • Tip: Book accommodations early for the best deals.

Shoulder and Off-Peak Seasons

  • Timeframe: April to mid-June and September to October.
  • Benefits: Lower prices, quieter streets, and a more relaxed pace.
  • Tip: Ideal for those asking is Montreal expensive to visit on a tight budget.

Money-Saving Tips: How to Manage Costs in Montreal Whether Visiting or Living

For Tourists

  • Budget Accommodations: Choose hostels, guesthouses, or budget Airbnbs outside the central tourist zones.
  • Local Dining: Enjoy local bistros, food trucks, and markets to experience Montreal’s cuisine without overspending.
  • Efficient Transit: Purchase a monthly or multi-day transit pass to keep daily transportation costs low.
  • Free Attractions: Take advantage of Montreal’s parks, art galleries, and street festivals.

For Residents

  • Shared Housing: Opt for roommates or suburbs to reduce rent expenses.
  • Smart Utility Use: Conserve energy and shop for competitive internet and mobile plans.
  • Grocery Savings: Shop at local markets and take advantage of discounts.
  • Community Activities: Enjoy free or low-cost cultural events and public spaces.

Budgeting Strategy Summary

StrategyBenefitExample
Book in Advance/Travel Off-PeakLowers accommodation ratesReserve lodging during shoulder seasons
Use Monthly Transit PassReduces daily travel expensesUnlimited rides save compared to taxis
Embrace Shared/Suburban HousingCuts down monthly rentSharing an apartment or moving outside downtown
Choose Local DiningAffordable, authentic cuisineEnjoy bistros and street food over upscale dining

How Radical Storage Can Enhance Your Montreal Experience

Worrying about extra luggage fees? If you’ve ever wondered is Montreal expensive to visit due to additional costs like baggage fees, Radical Storage offers a smart solution. Their secure and affordable luggage storage lets you explore Montreal unburdened, saving you both time and money.

Learn more about luggage storage in Montreal with Radical Storage.

So, is Montreal expensive? The Verdict

Montreal proves to be an affordable, dynamic city—whether you’re visiting or planning to call it home. With budget-friendly accommodations, diverse dining options, and efficient public transit, the cost of exploring Montreal or living here remains competitive compared to other major cities. Smart budgeting and savvy choices mean you can enjoy all that this vibrant city has to offer without breaking the bank.

Related Articles

Victoria P.

Copywriter and traveler - always curious, always on the move.