Financial Calculators for Montreal

Quebec's largest city with bilingual culture and affordable living

1.8M
Population
$52,000
Avg. Income
$550K
Avg. Home
98
Cost Index

Living in Montreal: Key Financial Facts

Housing Costs

Average Home Price:$550,000
Property Tax Rate:0.78%
1-Bedroom Rent:$1,450/mo
2-Bedroom Rent:$1,850/mo

Economic Indicators

Average Income:$52,000/yr
Unemployment Rate:5.6%
Cost of Living Index:98
Average Commute:31 min

Available Tax Credits & Benefits

  • Quebec Solidarity Tax Credit
  • Montreal Property Tax Credit for Seniors
  • Quebec Family Allowance

Montreal is located in Quebec with a population of 1,762,000 people. With an average household income of $52,000 and a cost of living index of 98, the city offers affordable living compared to the Canadian average.

Use our free financial calculators to plan your finances in Montreal. All calculators use the latest 2026 tax rates and include local data specific to Montreal, Quebec, including property tax rates of 0.78% and current rental market conditions.