Cost of living in Balboa is 40% lower than in Montreal (without rent).
Rent in Balboa is 32% cheaper than in Montreal.
Cost of living including rent in Balboa is 36% lower than in Montreal.
Food in Balboa is 27% cheaper than in Montreal.
Transport in Balboa is 80% cheaper than in Montreal.
| Balboa | Montreal | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Balboa | Montreal | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
11.4 $ | 16.6 $ |
| Dinner, for 2 | 55.8 $ | 76.2 $ |
| Fast food, McDonalds or KFC | 7.67 $ | 11.1 $ |
| Beer, 0.5 L or 16 fl oz | 2.86 $ | 6.72 $ |
| Capuccino | 4.08 $ | 3.94 $ |
| Coke, 330ml | 1.91 $ | 2.2 $ |
Markets |
Milk, 1 L or 1 qt | 1.73 $ | 2.34 $ |
| Bread, 0.5 kg or 1 lb | 2.23 $ | 2.92 $ |
| Rice, 1 kg or 2 lb | 2.26 $ | 2.95 $ |
| Eggs, 12 pack | 2.66 $ | 3.73 $ |
| Cheese, 1 kg or 2 lb | 12.9 $ | 16.1 $ |
| Chicken Breast, 1 kg or 2 lb | 7.36 $ | 13.3 $ |
| Round Steak, 1 kg or 2 lb | 10.1 $ | 14.9 $ |
| Apples, 1 kg or 2 lb | 3.24 $ | 3.4 $ |
| Banana, 1 kg or 2 lb | 1.54 $ | 1.52 $ |
| Oranges, 1 kg or 2 lb | 3.05 $ | 4.28 $ |
| Potatoes, 1 kg or 2 lb | 2.19 $ | 2.42 $ |
| Onions, 1 kg or 2 lb | 2.49 $ | 2.46 $ |
| Water, 1 L or 1 qt | 1.01 $ | 1.26 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.44 $ | 2.06 $ |
| Wine, 750 mL bottle | 8.93 $ | 14.7 $ |
| Beer, 0.5 L or 16 fl oz | 1.13 $ | 3.18 $ |
| Cigarette pack | 5.94 $ | 11.5 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 0.39 $ | 2.79 $ |
| Monthly pass, Monthly Ticket | 28.3 $ | 73.2 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.02 $ | 1.27 $ |
| Taxi, 8 km | 14.6 $ | 18.3 $ |
Personal Care |
||
| Doctor visit, private clinic | 46.7 $ | 121 $ |
| Cold medicine, for 1 week | 10.9 $ | 10.5 $ |
| Hair shampoo, 400 ml or 12 oz | 6.51 $ | 5.65 $ |
| Toilet paper, 4 rolls | 2.97 $ | 3.67 $ |
| Toothpaste, 1 tube | 2.86 $ | 3.01 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
77.5 $ | 49.3 $ |
| Utility bill - family, electricity, heating, water & garbage |
118 $ | 77 $ |
| Internet plan, +60 Mbps |
47.9 $ | 42.7 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 493 $ | 856 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,015 $ | 1,492 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 745 $ | 1,044 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 1,558 $ | 2,012 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 2,284 $ | 7,494 $ |
| Price per Square Meter to Buy House, in suburbs | 1,473 $ | 4,431 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 862 $ | 2,805 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.27 % | 6.28 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 41.2 $ | 33.2 $ |
| Cinema, 1 seat | 6.62 $ | 11.3 $ |
| Haircut | 12.4 $ | 32.8 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 88.6 $ | 95.7 $ |
| Brand Jeans, Levis 501 | 53.2 $ | 61.4 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 436 $ | 669 $ |
| International Primary School, yearly for 1 child | 9,387 $ | 6,957 $ |