Budget Lifestyle
₹93,382/month
CAD 1,371/month
Location
Select either City or University
or
Food
Accommodation
Utilities
Transport
| Key | Estimate Basis |
|---|---|
| Food | Restaurant + fast food frequency |
| Accommodation | Selected rent type |
| Utilities | Selected utility mix |
| Transport | Taxi km usage |
Monthly Cost Breakdown in Montreal (2026)
| Category | Amount |
|---|---|
| Accommodation | ₹48,739 |
| Food | ₹33,373 |
| Utilities | ₹11,269 |
| Transport | ₹0 |
| Total / month | ₹93,382 |
| Total / year | ₹1,120,590 |
Financial Planning for Studying in Montreal
Estimated yearly living cost in Montreal: CAD 10,572 (₹720,104). Use this baseline to plan your education loan amount along with tuition and one-time visa/deposit costs.
Financial Planning Tool
Education Loan
Find best education loan in shortest time
15+ banks. Starts at just 9.25%
Check your eligibility
Admission
Well-researched guide on how to study abroad
6 simple steps: A complete guide
Talk to a counselor
Scholarship
Search, filter & apply to scholarships in minutes
Save up to 100% on tuition fees
Find scholarship
How to calculate Costs:
Select Location
Select your university, or choose a country and city from the dropdowns.
1
Adjust Lifestyle
Adjust your lifestyle — accommodation type, meals, utilities, and transport.
2
See Estimate
See your estimated monthly and annual cost in local currency and INR instantly.
3
Plan Loan
Use the result to decide your loan amount, then check your eligibility in 2 minutes.
4
Cost of Living in Montreal vs India
| Item | Montreal | India (metro avg) |
|---|---|---|
| Overall (monthly) | ₹60,008 | ₹35,000 |
| Overall (yearly) | ₹720,104 | ₹4,20,000 |
India figures are approximate estimates for an urban student lifestyle.
Montreal vs Other Cities in the Canada
Toronto
From
₹92,391
Ottawa
From
₹78,005
Vancouver
From
₹101,520
Guelph
From
₹79,013
Brampton
From
₹82,137
Student Tips:
Is Montreal expensive for students?
No, Montreal is considered one of the more affordable major cities in Canada, especially compared to Toronto and Vancouver.
How much does it cost to live in Montreal per month?
Monthly expenses usually fall between CAD 1,000 and CAD 1,700 (₹60,000–₹1 lakh approx.), depending on rent and lifestyle choices.
Can part-time jobs cover living expenses in Montreal?
To a good extent, yes. Lower rent makes it easier for part-time income to cover a larger portion of expenses if managed well.
Study in Montreal
FAQ's
Is Montreal expensive for students?
No, Montreal is considered one of the more affordable major cities in Canada, especially compared to Toronto and Vancouver.
How much does it cost to live in Montreal per month?
Monthly expenses usually fall between CAD 1,000 and CAD 1,700 (₹60,000–₹1 lakh approx.), depending on rent and lifestyle choices.
Can part-time jobs cover living expenses in Montreal?
To a good extent, yes. Lower rent makes it easier for part-time income to cover a larger portion of expenses if managed well.
How does the cost of living in Montreal compare to other cities in Canada?
Montreal is significantly cheaper than Toronto and Vancouver and offers a better balance between cost and quality of life.
How can students reduce living expenses in Montreal?
Sharing accommodation, cooking meals, and using student discounts on public transport and essentials can help keep costs low.
These figures are planning estimates and can vary by lifestyle, location within city, and market conditions.
Planning your study abroad finance
GyanDhan has helped 1 lakh+ students get education loans. Check your eligibility in 2 minutes.
Create Free Account - Unlimited Use
Compare Living Costs For Your Study Destinations.
By creating an account, you agree to our Terms of Service and Privacy Policy
Account Created!
You can now compare unlimited universities.
Sign up for unlimited use