Montreal vs Madrid

Cost of living comparison for 2026. Montreal is roughly 4% more affordable than Madrid (index 36 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Montreal
More affordable overall
4% cheaper than Madrid · Cost index: 36 vs 38

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

36Cost Index38
3,400Median Income /mo2,200
72Safety Index71
26Income Tax %22
175Internet (Mbps)271
250Coworking /mo200

Price Breakdown

MontrealCategoryMadrid
$1,250/month
1-BR Apartment (Center)
4% ← cheaper
$1,200/month
$1.35/liter
Meal for One
19% ← cheaper
$1.1/liter
$18/meal
Restaurant (Mid-range)
33% ← cheaper
$12/meal
$75/month
Monthly Transit Pass
36% ← cheaper
$48/month
$160/month
Utilities (Monthly)
13% ← cheaper
$140/month
$0/visit
Doctor Visit
$60/visit

Digital Nomad Profile

Montreal

Internet175 Mbps
Coworking$250/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability65/100

Madrid

Internet271 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Montreal cheaper than Madrid?

Montreal is cheaper than Madrid. Montreal has a cost of living index of 36/100 compared to 38/100 for Madrid (New York = 100), making it roughly 4% more affordable overall.

How much cheaper is Montreal than Madrid?

Montreal is approximately 4% cheaper than Madrid based on cost index scores (36 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,868/month in Montreal.

What is the rent comparison between Montreal and Madrid?

In Montreal, a 1-bedroom apartment in the city center costs approximately $1,250/month. In Madrid, the equivalent is around $1,200/month.

Which city is better for digital nomads — Montreal or Madrid?

Both cities have nomad infrastructure. Montreal offers 175 Mbps internet and coworking at ~$250/month. Madrid offers 271 Mbps and coworking at ~$200/month. Montreal has a cost advantage of 4%.

What is the average income in Montreal vs Madrid?

The median net monthly salary in Montreal is approximately $3,400 USD, compared to $2,200 USD in Madrid.

Compare Montreal with…

Popular head-to-heads — see exactly where Montreal wins or loses.

Cities that cost about the same as Montreal

Same spending tier, different part of the world — the head-to-heads people actually weigh when relocating.

Explore this comparison interactively

See radar charts, detailed category breakdowns, and compare any two cities in real time.

Free to start · No credit card needed