Is $55,000 a good salary in Montreal, Quebec?

Is $55,000 a good salary in Montreal, Quebec?

$55,000 is $4,880 more than the average yearly salary of $50,120 in Montreal. A salary of $55,000 per year means that you would be taking home about $41,560 per year after taxes, or $3,463 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Montreal is $85,700.

Montreal, Quebec
Updated: August 1, 2024

Average Cost of Living per Month in Montreal

The average cost of living in Montreal is $3,305/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Average cost of living
$3,305/month
Monthly net income of $55,000/year
$3,463/month
Average total income in 2020
$50,120
Average total household income in 2020
$85,700

Average Salary in Montreal

The average salary in Montreal is $50,120, which is 8% lower than the Canadian average salary of $54,450. A person making $55,000 a year in Montreal makes 9.7% more than the average working person in Montreal and will take home about $41,560.
Net Annual Pay:
$41,560
Income tax breakdown
Hourly Salary:
$28.21
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Montreal. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $55,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Montreal is $1,348.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Montreal is $647.
Groceries

Groceries

The average person spends $517 on groceries per month in Montreal.
Utilities

Utilities

The average monthly cost of utilities in Montreal is $95.
Leisure & Entertainment

Leisure & Entertainment

The average person in Montreal spends $135 on leisure & entertainment per month.
Clothing

Clothing

The average person in Montreal spends $42 on clothing per month.
Restaurants

Restaurants

The average person in Montreal spends $371 on restaurants per month.
Other

Other

The average person in Montreal spends $150 on miscellaneous goods and services per month.
General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Montreal based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.
Your cost of living
$3,305/month
Monthly net income of $55,000/year
$3,463/month

Jobs in Montreal

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Most affordable cities in Quebec

1. Gatineau, Quebec
Avg. Salary $54,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $2,714
Affordability Index
127.04%
2. Sherbrooke, Quebec
Avg. Salary $46,880
Avg. Monthly Net pay $3,023
Avg. Cost of Living $2,769
Affordability Index
109.18%
3. Québec City, Quebec
Avg. Salary $52,400
Avg. Monthly Net pay $3,328
Avg. Cost of Living $3,179
Affordability Index
104.69%
4. Boisbriand, Quebec
Avg. Salary $54,100
Avg. Monthly Net pay $3,417
Avg. Cost of Living $3,330
Affordability Index
102.62%
5. Sept-Iles, Quebec
Avg. Salary $57,950
Avg. Monthly Net pay $3,606
Avg. Cost of Living $3,570
Affordability Index
101%
6. Val-d'Or, Quebec
Avg. Salary $56,800
Avg. Monthly Net pay $3,552
Avg. Cost of Living $3,570
Affordability Index
99.48%
7. Matagami, Quebec
Avg. Salary $56,800
Avg. Monthly Net pay $3,552
Avg. Cost of Living $3,570
Affordability Index
99.48%
8. Saint-Sauveur, Quebec
Avg. Salary $57,200
Avg. Monthly Net pay $3,570
Avg. Cost of Living $3,614
Affordability Index
98.8%
9. Montreal, Quebec
Avg. Salary $50,120
Avg. Monthly Net pay $3,202
Avg. Cost of Living $3,293
Affordability Index
97.24%
10. Mascouche, Quebec
Avg. Salary $54,150
Avg. Monthly Net pay $3,420
Avg. Cost of Living $3,542
Affordability Index
96.55%
11. Rouyn-Noranda, Quebec
Avg. Salary $53,900
Avg. Monthly Net pay $3,407
Avg. Cost of Living $3,574
Affordability Index
95.33%
12. Brossard, Quebec
Avg. Salary $52,900
Avg. Monthly Net pay $3,356
Avg. Cost of Living $3,565
Affordability Index
94.13%
13. Longueuil, Quebec
Avg. Salary $49,160
Avg. Monthly Net pay $3,149
Avg. Cost of Living $3,360
Affordability Index
93.73%
14. Laval, Quebec
Avg. Salary $51,120
Avg. Monthly Net pay $3,257
Avg. Cost of Living $3,477
Affordability Index
93.68%
15. Baie-Comeau, Quebec
Avg. Salary $52,900
Avg. Monthly Net pay $3,356
Avg. Cost of Living $3,588
Affordability Index
93.52%
16. Rimouski, Quebec
Avg. Salary $48,120
Avg. Monthly Net pay $3,092
Avg. Cost of Living $3,310
Affordability Index
93.41%
17. Amos, Quebec
Avg. Salary $51,850
Avg. Monthly Net pay $3,298
Avg. Cost of Living $3,570
Affordability Index
92.37%
18. Sainte-Adèle, Quebec
Avg. Salary $52,050
Avg. Monthly Net pay $3,309
Avg. Cost of Living $3,614
Affordability Index
91.55%
19. Saguenay, Quebec
Avg. Salary $49,080
Avg. Monthly Net pay $3,145
Avg. Cost of Living $3,461
Affordability Index
90.86%
20. Saint-Georges, Quebec
Avg. Salary $47,240
Avg. Monthly Net pay $3,043
Avg. Cost of Living $3,357
Affordability Index
90.65%
21. Trois-Rivières, Quebec
Avg. Salary $46,440
Avg. Monthly Net pay $2,999
Avg. Cost of Living $3,368
Affordability Index
89.04%
22. Rivière-du-Loup, Quebec
Avg. Salary $49,200
Avg. Monthly Net pay $3,151
Avg. Cost of Living $3,572
Affordability Index
88.22%
23. Drummondville, Quebec
Avg. Salary $45,400
Avg. Monthly Net pay $2,942
Avg. Cost of Living $3,368
Affordability Index
87.34%
24. Granby, Quebec
Avg. Salary $45,280
Avg. Monthly Net pay $2,935
Avg. Cost of Living $3,415
Affordability Index
85.94%
25. Victoriaville, Quebec
Avg. Salary $44,440
Avg. Monthly Net pay $2,889
Avg. Cost of Living $3,383
Affordability Index
85.39%
26. Gaspé, Quebec
Avg. Salary $47,040
Avg. Monthly Net pay $3,032
Avg. Cost of Living $3,570
Affordability Index
84.93%
27. Montmagny, Quebec
Avg. Salary $43,320
Avg. Monthly Net pay $2,827
Avg. Cost of Living $3,357
Affordability Index
84.21%
28. La Sarre, Quebec
Avg. Salary $46,480
Avg. Monthly Net pay $3,001
Avg. Cost of Living $3,570
Affordability Index
84.07%
29. Châteauguay, Quebec
Avg. Salary $46,600
Avg. Monthly Net pay $3,008
Avg. Cost of Living $3,579
Affordability Index
84.04%
30. Salaberry-de-Valleyfield, Quebec
Avg. Salary $44,080
Avg. Monthly Net pay $2,869
Avg. Cost of Living $3,428
Affordability Index
83.69%
31. Thetford Mines, Quebec
Avg. Salary $42,400
Avg. Monthly Net pay $2,776
Avg. Cost of Living $3,357
Affordability Index
82.69%
32. Sainte-Agathe-des-Monts, Quebec
Avg. Salary $44,120
Avg. Monthly Net pay $2,871
Avg. Cost of Living $3,614
Affordability Index
79.44%
33. Senneterre, Quebec
Avg. Salary $43,440
Avg. Monthly Net pay $2,833
Avg. Cost of Living $3,570
Affordability Index
79.37%
34. Joliette, Quebec
Avg. Salary $42,080
Avg. Monthly Net pay $2,758
Avg. Cost of Living $3,531
Affordability Index
78.12%
35. Shawinigan, Quebec
Avg. Salary $41,280
Avg. Monthly Net pay $2,714
Avg. Cost of Living $3,547
Affordability Index
76.52%
36. Lachute, Quebec
Avg. Salary $41,760
Avg. Monthly Net pay $2,741
Avg. Cost of Living $3,614
Affordability Index
75.84%
37. Stanstead, Quebec
Avg. Salary $37,840
Avg. Monthly Net pay $2,524
Avg. Cost of Living $3,572
Affordability Index
70.67%
38. Cap-Chat, Quebec
Avg. Salary $36,680
Avg. Monthly Net pay $2,460
Avg. Cost of Living $3,570
Affordability Index
68.91%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
Rank City Avg. Salary Avg. Monthly Net pay Avg. Cost of Living Affordability Index
01
1
 Gatineau, Quebec $54,700 $3,448 $2,714
12704
127.04%
02
2
 Sherbrooke, Quebec $46,880 $3,023 $2,769
10918
109.18%
03
3
 Québec City, Quebec $52,400 $3,328 $3,179
10468
104.69%
04
4
 Boisbriand, Quebec $54,100 $3,417 $3,330
10262
102.62%
05
5
 Sept-Iles, Quebec $57,950 $3,606 $3,570
10099
101%
06
6
 Val-d'Or, Quebec $56,800 $3,552 $3,570
09948
99.48%
07
7
 Matagami, Quebec $56,800 $3,552 $3,570
09948
99.48%
08
8
 Saint-Sauveur, Quebec $57,200 $3,570 $3,614
09879
98.8%
09
9
 Montreal, Quebec $50,120 $3,202 $3,293
09724
97.24%
10
10
 Mascouche, Quebec $54,150 $3,420 $3,542
09655
96.55%
11
11
 Rouyn-Noranda, Quebec $53,900 $3,407 $3,574
09533
95.33%
12
12
 Brossard, Quebec $52,900 $3,356 $3,565
09412
94.13%
13
13
 Longueuil, Quebec $49,160 $3,149 $3,360
09372
93.73%
14
14
 Laval, Quebec $51,120 $3,257 $3,477
09368
93.68%
15
15
 Baie-Comeau, Quebec $52,900 $3,356 $3,588
09352
93.52%
16
16
 Rimouski, Quebec $48,120 $3,092 $3,310
09340
93.41%
17
17
 Amos, Quebec $51,850 $3,298 $3,570
09237
92.37%
18
18
 Sainte-Adèle, Quebec $52,050 $3,309 $3,614
09155
91.55%
19
19
 Saguenay, Quebec $49,080 $3,145 $3,461
09086
90.86%
20
20
 Saint-Georges, Quebec $47,240 $3,043 $3,357
09065
90.65%
21
21
 Trois-Rivières, Quebec $46,440 $2,999 $3,368
08904
89.04%
22
22
 Rivière-du-Loup, Quebec $49,200 $3,151 $3,572
08822
88.22%
23
23
 Drummondville, Quebec $45,400 $2,942 $3,368
08734
87.34%
24
24
 Granby, Quebec $45,280 $2,935 $3,415
08594
85.94%
25
25
 Victoriaville, Quebec $44,440 $2,889 $3,383
08538
85.39%
26
26
 Gaspé, Quebec $47,040 $3,032 $3,570
08493
84.93%
27
27
 Montmagny, Quebec $43,320 $2,827 $3,357
08420
84.21%
28
28
 La Sarre, Quebec $46,480 $3,001 $3,570
08406
84.07%
29
29
 Châteauguay, Quebec $46,600 $3,008 $3,579
08404
84.04%
30
30
 Salaberry-de-Valleyfield, Quebec $44,080 $2,869 $3,428
08368
83.69%
31
31
 Thetford Mines, Quebec $42,400 $2,776 $3,357
08269
82.69%
32
32
 Sainte-Agathe-des-Monts, Quebec $44,120 $2,871 $3,614
07943
79.44%
33
33
 Senneterre, Quebec $43,440 $2,833 $3,570
07936
79.37%
34
34
 Joliette, Quebec $42,080 $2,758 $3,531
07811
78.12%
35
35
 Shawinigan, Quebec $41,280 $2,714 $3,547
07652
76.52%
36
36
 Lachute, Quebec $41,760 $2,741 $3,614
07583
75.84%
37
37
 Stanstead, Quebec $37,840 $2,524 $3,572
07066
70.67%
38
38
 Cap-Chat, Quebec $36,680 $2,460 $3,570
06891
68.91%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.

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