Find the best immigration program for you. Take our free immigration quiz and we’ll tell you the best immigration programs for you!
Learn everything you need to know about Canadian immigration
If you need help with your immigration, one of our recommended immigration consultant partners can help.
Calculate your estimated CRS score and find out if you're in the competitive range for Express Entry.
Take the quiz
Your guide to becoming a student in Canada
Take our quiz and find out what are the top programs for you.
Learn more
Watch on YouTube
This guide will help you choose the best bank in Canada for your needs.
Get your guide
latest articles
Read more
By Indira Duarte
Updated on August 28, 2025
Advertisement
Choosing where to live in Canada isn’t easy — especially when the decision comes down to Montreal, Toronto, or Vancouver. As the largest city in the country, Toronto offers a fast-paced lifestyle and career opportunities, while Montreal charms with its French influence, vibrant culture, and affordability. Then there’s Vancouver, a dream for nature lovers, known for its stunning surroundings and rainy winters. Each of these cities brings something unique to the table, whether it’s abundant green spaces, cultural diversity, or proximity to the outdoors. In this guide, we’ll compare these three major hubs across key factors to help you make the best choice for you and your family.
When we exclude housing, the cost of living covers essentials like utilities, public transportation, basic groceries, and typical restaurant meals. According to Numbeo, a free online tool updated by multiple users across Canada, Montreal remains more affordable than both Toronto and Vancouver. Groceries, dining, and everyday expenses are consistently lower in Montreal, while local purchasing power is higher, giving residents more value for their income.
For a detailed cost of living in Toronto and tips to manage your budget there, read our full article What is the real cost of living in Toronto?
Living in the suburbs of these cities can often provide more affordable housing options compared to the city center, making them an attractive choice for families and those seeking quieter neighbourhoods.
According to the latest rentals.ca rent report, these are the rent costs by city in 2025 for a one-bedroom apartment and a two-bedroom apartment:
When we include rent prices alongside other living costs, the gap between the cities becomes even more significant. Montreal is roughly 20% cheaper than Vancouver and 16% cheaper than Toronto when housing is factored in. Rent alone is more than 40% lower than Vancouver and over 30% lower than Toronto.
This huge gap makes Montreal a particularly appealing choice for newcomers, students, and young professionals. According to Numbeo, to maintain the same lifestyle, you would need about CAD 7,364 in Montreal compared to CAD 8,800 in Toronto or CAD 9,200 in Vancouver.
Taxes in Canada vary by province and can significantly affect your net income. While federal taxes are uniform nationwide, each province applies its own income tax rates and sales taxes. Canada’s tax system supports various public services, including healthcare, education, and infrastructure. Quebec (Montreal) is known for its higher income and sales taxes, though residents benefit from more extensive social programs and a wide range of social services. Ontario (Toronto) sits in the middle with moderate tax levels, while British Columbia (Vancouver) maintains the lowest sales tax among the three but is offset by higher housing costs.
Still deciding between Montreal, Toronto, and Vancouver? Let us help you find the best fit for your lifestyle, budget, and goals.Join the Moving2Canada community today and get free resources on Canada’s top cities — including expert tips, city guides, and the latest updates on immigration and settling in.
👉 Stay informed. Plan smarter. Move confidently. Join the Moving2Canada community now!
Search results
results for “”