Is $98,000 a good salary in 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 $67,763 per year after taxes, or $5,647 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Montreal is $85,700.

Montreal, Quebec
Updated: June 1, 2024

Average Cost of Living per Month in Montreal

The average cost of living in Montreal is $3,232/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
$3,232/month

Monthly net income of $98,000/year
$5,647/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 $67,763.
Net Annual Pay:
$67,763
Income tax breakdown
Hourly Salary:
$50.26
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 $98,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Montreal is $1,275.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Montreal is $649.
Groceries

Groceries

The average person spends $503 on groceries per month in Montreal.
Utilities

Utilities

The average monthly cost of utilities in Montreal is $101.
Leisure & Entertainment

Leisure & Entertainment

The average person in Montreal spends $140 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 $372 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
$3,232/month

Monthly net income of $98,000/year
$5,647/month

Jobs in Montreal

Most affordable cities in Quebec

Avg. Salary $54,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $2,720
Affordability Index
126.76%
Avg. Salary $46,880
Avg. Monthly Net pay $3,023
Avg. Cost of Living $2,685
Affordability Index
112.6%
Avg. Salary $57,200
Avg. Monthly Net pay $3,570
Avg. Cost of Living $3,493
Affordability Index
102.22%
Avg. Salary $57,950
Avg. Monthly Net pay $3,606
Avg. Cost of Living $3,571
Affordability Index
100.97%
Avg. Salary $52,400
Avg. Monthly Net pay $3,328
Avg. Cost of Living $3,316
Affordability Index
100.36%
Avg. Salary $56,800
Avg. Monthly Net pay $3,552
Avg. Cost of Living $3,571
Affordability Index
99.46%
Avg. Salary $56,800
Avg. Monthly Net pay $3,552
Avg. Cost of Living $3,571
Affordability Index
99.46%
Avg. Salary $50,120
Avg. Monthly Net pay $3,202
Avg. Cost of Living $3,230
Affordability Index
99.14%
Avg. Salary $54,150
Avg. Monthly Net pay $3,420
Avg. Cost of Living $3,544
Affordability Index
96.5%
Avg. Salary $53,900
Avg. Monthly Net pay $3,407
Avg. Cost of Living $3,576
Affordability Index
95.28%
Avg. Salary $52,050
Avg. Monthly Net pay $3,309
Avg. Cost of Living $3,500
Affordability Index
94.53%
Avg. Salary $54,100
Avg. Monthly Net pay $3,417
Avg. Cost of Living $3,631
Affordability Index
94.12%
Avg. Salary $52,900
Avg. Monthly Net pay $3,356
Avg. Cost of Living $3,590
Affordability Index
93.47%
Avg. Salary $52,900
Avg. Monthly Net pay $3,356
Avg. Cost of Living $3,598
Affordability Index
93.26%
Avg. Salary $48,120
Avg. Monthly Net pay $3,092
Avg. Cost of Living $3,348
Affordability Index
92.35%
Avg. Salary $51,850
Avg. Monthly Net pay $3,298
Avg. Cost of Living $3,571
Affordability Index
92.35%
Avg. Salary $49,080
Avg. Monthly Net pay $3,145
Avg. Cost of Living $3,486
Affordability Index
90.21%
Avg. Salary $49,160
Avg. Monthly Net pay $3,149
Avg. Cost of Living $3,491
Affordability Index
90.21%
Avg. Salary $46,440
Avg. Monthly Net pay $2,999
Avg. Cost of Living $3,367
Affordability Index
89.07%
Avg. Salary $51,120
Avg. Monthly Net pay $3,257
Avg. Cost of Living $3,671
Affordability Index
88.73%
Avg. Salary $45,400
Avg. Monthly Net pay $2,942
Avg. Cost of Living $3,365
Affordability Index
87.42%
Avg. Salary $49,200
Avg. Monthly Net pay $3,151
Avg. Cost of Living $3,606
Affordability Index
87.39%
Avg. Salary $46,600
Avg. Monthly Net pay $3,008
Avg. Cost of Living $3,448
Affordability Index
87.23%
Avg. Salary $47,240
Avg. Monthly Net pay $3,043
Avg. Cost of Living $3,541
Affordability Index
85.94%
Avg. Salary $45,280
Avg. Monthly Net pay $2,935
Avg. Cost of Living $3,441
Affordability Index
85.29%
Avg. Salary $47,040
Avg. Monthly Net pay $3,032
Avg. Cost of Living $3,571
Affordability Index
84.91%
Avg. Salary $44,080
Avg. Monthly Net pay $2,869
Avg. Cost of Living $3,405
Affordability Index
84.25%
Avg. Salary $46,480
Avg. Monthly Net pay $3,001
Avg. Cost of Living $3,571
Affordability Index
84.04%
Avg. Salary $44,120
Avg. Monthly Net pay $2,871
Avg. Cost of Living $3,500
Affordability Index
82.03%
Avg. Salary $43,320
Avg. Monthly Net pay $2,827
Avg. Cost of Living $3,540
Affordability Index
79.85%
Avg. Salary $44,440
Avg. Monthly Net pay $2,889
Avg. Cost of Living $3,624
Affordability Index
79.71%
Avg. Salary $43,440
Avg. Monthly Net pay $2,833
Avg. Cost of Living $3,571
Affordability Index
79.35%
Avg. Salary $42,400
Avg. Monthly Net pay $2,776
Avg. Cost of Living $3,540
Affordability Index
78.42%
Avg. Salary $41,760
Avg. Monthly Net pay $2,741
Avg. Cost of Living $3,500
Affordability Index
78.31%
Avg. Salary $42,080
Avg. Monthly Net pay $2,758
Avg. Cost of Living $3,544
Affordability Index
77.83%
Avg. Salary $41,280
Avg. Monthly Net pay $2,714
Avg. Cost of Living $3,571
Affordability Index
76.01%
Avg. Salary $37,840
Avg. Monthly Net pay $2,524
Avg. Cost of Living $3,606
Affordability Index
70%
Avg. Salary $36,680
Avg. Monthly Net pay $2,460
Avg. Cost of Living $3,571
Affordability Index
68.9%
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 $2,720
12676
126.76%
02
2
Sherbrooke, Quebec $46,880 $3,023 $2,685
11260
112.6%
03
3
Saint-Sauveur, Quebec $57,200 $3,570 $3,493
10221
102.22%
04
4
Sept-Iles, Quebec $57,950 $3,606 $3,571
10096
100.97%
05
5
Québec City, Quebec $52,400 $3,328 $3,316
10036
100.36%
06
6
Matagami, Quebec $56,800 $3,552 $3,571
09945
99.46%
07
7
Val-d'Or, Quebec $56,800 $3,552 $3,571
09945
99.46%
08
8
Montreal, Quebec $50,120 $3,202 $3,230
09913
99.14%
09
9
Mascouche, Quebec $54,150 $3,420 $3,544
09649
96.5%
10
10
Rouyn-Noranda, Quebec $53,900 $3,407 $3,576
09527
95.28%
11
11
Sainte-Adèle, Quebec $52,050 $3,309 $3,500
09453
94.53%
12
12
Boisbriand, Quebec $54,100 $3,417 $3,631
09411
94.12%
13
13
Baie-Comeau, Quebec $52,900 $3,356 $3,590
09347
93.47%
14
14
Brossard, Quebec $52,900 $3,356 $3,598
09326
93.26%
15
15
Rimouski, Quebec $48,120 $3,092 $3,348
09234
92.35%
16
16
Amos, Quebec $51,850 $3,298 $3,571
09234
92.35%
17
17
Saguenay, Quebec $49,080 $3,145 $3,486
09021
90.21%
18
18
Longueuil, Quebec $49,160 $3,149 $3,491
09020
90.21%
19
19
Trois-Rivières, Quebec $46,440 $2,999 $3,367
08907
89.07%
20
20
Laval, Quebec $51,120 $3,257 $3,671
08873
88.73%
21
21
Drummondville, Quebec $45,400 $2,942 $3,365
08741
87.42%
22
22
Rivière-du-Loup, Quebec $49,200 $3,151 $3,606
08739
87.39%
23
23
Châteauguay, Quebec $46,600 $3,008 $3,448
08723
87.23%
24
24
Saint-Georges, Quebec $47,240 $3,043 $3,541
08594
85.94%
25
25
Granby, Quebec $45,280 $2,935 $3,441
08529
85.29%
26
26
Gaspé, Quebec $47,040 $3,032 $3,571
08491
84.91%
27
27
Salaberry-de-Valleyfield, Quebec $44,080 $2,869 $3,405
08425
84.25%
28
28
La Sarre, Quebec $46,480 $3,001 $3,571
08404
84.04%
29
29
Sainte-Agathe-des-Monts, Quebec $44,120 $2,871 $3,500
08202
82.03%
30
30
Montmagny, Quebec $43,320 $2,827 $3,540
07985
79.85%
31
31
Victoriaville, Quebec $44,440 $2,889 $3,624
07970
79.71%
32
32
Senneterre, Quebec $43,440 $2,833 $3,571
07934
79.35%
33
33
Thetford Mines, Quebec $42,400 $2,776 $3,540
07841
78.42%
34
34
Lachute, Quebec $41,760 $2,741 $3,500
07830
78.31%
35
35
Joliette, Quebec $42,080 $2,758 $3,544
07783
77.83%
36
36
Shawinigan, Quebec $41,280 $2,714 $3,571
07600
76.01%
37
37
Stanstead, Quebec $37,840 $2,524 $3,606
07000
70%
38
38
Cap-Chat, Quebec $36,680 $2,460 $3,571
06889
68.9%
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.