Montreal, Quebec

Is $98,000 a good salary in Montreal, Quebec?

$98,000 is $47,880 more than the average yearly salary of $50,120 in Montreal. A salary of $98,000 per year means that you would be taking home about $66,704 per year after taxes, or $5,559 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Montreal is $85,700.

Updated: Mar, 2023

Average Cost of Living per Month in Montreal

The average cost of living in Montreal is $2,881/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
$2,881/month

Monthly net income of $98,000/year
$5,559/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 $98,000 a year in Montreal makes 95.5% more than the average working person in Montreal and will take home about $66,704.
Net Annual Pay:
$66,704
Hourly Salary:
$50.26

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 $98,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Montreal is $1,106.
Your cost: $
Transit
Driver
Transportation

Transportation

The average monthly spend for a driver in Montreal is $604.
Your cost: $
Groceries

Groceries

The average person spends $441 on groceries per month in Montreal.
Your cost: $
Utilities

Utilities

The average monthly cost of utilities in Montreal is $105.
Your cost: $
Leisure & Entertainment

Leisure & Entertainment

The average person in Montreal spends $128 on leisure & entertainment per month.
Your cost: $
Clothing

Clothing

The average person in Montreal spends $41 on clothing per month.
Your cost: $
Restaurants

Restaurants

The average person in Montreal spends $306 on restaurants per month.
Your cost: $
Other

Other

The average person in Montreal spends $150 on miscellaneous goods and services per month.
Your cost: $
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
$2,881/month

Monthly net income of $98,000/year
$5,559/month

Jobs in Montreal

Most affordable cities in Quebec