🇨🇦Cost of Living in Canada
Compare the cost of living across 5 cities in Canada.
The cost of living in Canada is tracked across 5 cities, with an average cost of living index of 71 out of 100, where New York City scores 100. Vancouver is the most expensive city and Montreal the most affordable. Explore each city below for a full cost breakdown.
Estimated monthly budget in Canada
Typical total monthly cost by household type.
Estimates based on the average cost of living in Canada, scaled by household size. Actual costs vary with lifestyle, neighbourhood and housing.
Toronto
Canada's largest city and a global financial center, known for its multiculturalism and high quality of life. Housing costs, especially in the downtown core, are among the highest in North America.
Cost Index
72
Monthly Cost
$3,050
Vancouver
Nestled between mountains and the Pacific Ocean, Vancouver consistently ranks among the world's most livable cities. Its stunning natural setting comes with some of the highest real estate prices in North America.
Cost Index
75
Monthly Cost
$3,100
Montreal
Canada's cultural capital with a European flair, renowned for its festivals, bilingual character, and significantly lower rents than Toronto or Vancouver.
Cost Index
68
Monthly Cost
$2,350
Calgary
Alberta's largest city and Canada's energy capital, Calgary sits at the confluence of the Bow and Elbow rivers with stunning Rocky Mountain views. Known for the annual Stampede rodeo, no provincial sales tax, and a high standard of living fueled by the oil and gas industry.
Cost Index
70
Monthly Cost
$2,700
Ottawa
Canada's bilingual national capital, Ottawa is a city of grand government buildings, world-class museums, and the famous Rideau Canal. Its strong public sector economy, affordable housing relative to Toronto, and high quality of life make it one of Canada's most stable and livable cities.
Cost Index
69
Monthly Cost
$2,550
Frequently asked questions about the cost of living in Canada
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Data & sources
As an independent cross-check, the World Bank puts the overall price level in Canada at 91 relative to the United States (=100) in 2024. View source
Cost figures on this site are independent estimates, cross-referenced with public data sources including World Bank, Numbeo, Eurostat, OECD.