How expensive is Montreal compared to the national average in Canada?

Montreal is noticeably more affordable than the Canadian national average, with an overall cost of living roughly 8% lower. This makes a significant difference for your wallet, especially regarding housing. Rent in Montreal is a steal, coming in about 15% below the national average. For example, a 1-bedroom apartment in downtown Montreal averages around C$1,700, whereas the national average for a similar unit sits closer to C$2,000. Groceries and utilities also tend to be slightly cheaper, usually 3-5% less than other major Canadian cities. However, keep in mind Quebec's provincial income tax rates are higher than many other provinces. For an income of C$60,000, your combined federal and provincial tax rate in Quebec would be around 28%, compared to roughly 23% in provinces like Ontario. If you're considering a move, Montreal offers excellent value, particularly if lower rent is a priority. Just be prepared for slightly higher income taxes, which can partially offset the savings on daily expenses.