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.
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
The average monthly cost of rental housing in Montreal is $1,106.
Your cost: $
Transit
Driver
Transportation
The average monthly spend for a driver in Montreal is $604.
Your cost: $
Groceries
The average person spends $441 on groceries per month in Montreal.
Your cost: $
Utilities
The average monthly cost of utilities in Montreal is $105.
Your cost: $
Leisure & Entertainment
The average person in Montreal spends $128 on leisure & entertainment per month.
Your cost: $
Clothing
The average person in Montreal spends $41 on clothing per month.
Your cost: $
Restaurants
The average person in Montreal spends $306 on restaurants per month.
Your cost: $
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
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