Cost of living in Montmagny
Montmagny, a charming city in Canada, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.09 on average, with a range between $8.58 and $35.75.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $71.51, with prices ranging from $39.33 to $429.05.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.73, with a range between $10.73 and $12.16.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.86 to $10.73, imported beer $5.01 to $14.3, cappuccino $2.86 to $5.01, and Coke/Pepsi $2.15 to $2.86.
Grocery Prices
- Milk - Milk is priced between $1.43 and $5.72 per liter, averaging $2.12.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.79 and $4.29, with an average price of $2.66.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $5.72, averaging $3.2.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.78 to $8.58 per kg, while oranges are priced at $2.86 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $2.15 per kg, and lettuce costs $1.43 to $5.01 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.34 per liter.
- Taxi Fares - Taxi fares start at $2.86, with a cost of $2.86 per km.
- Car Purchase - A new Volkswagen Golf costs $24,297.27, while a Toyota Corolla is priced at $19,580.96.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $858.11.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $715.09.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1287.16.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1001.12.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $86.11 and $107.26, averaging $100.21.
- Internet - Internet services range from $37.18 to $60.78, with an average cost of $43.91.
Cost of Living Rankings
The cost of living indices for Canada are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Canada, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Montmagny offers a relatively affordable cost of living compared to larger Canadian cities. Dining out can vary significantly in price, offering options for both budget and upscale experiences.
Housing costs are moderate, with reasonable rental prices both in and outside the city centre. Transportation costs are manageable, especially for those who drive.
Grocery prices are competitive, though some items like milk and eggs can be on the higher side. Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Montmagny.
Conclusion
Montmagny presents a balanced cost of living, making it an attractive option for individuals and families seeking a quieter lifestyle without the high expenses of larger urban areas.
With its affordable housing, diverse dining options, and manageable transportation costs, Montmagny is well-suited for those looking to enjoy a comfortable life in Canada.