Is $100,000 a good salary in Montreal, Quebec in 2024? (2024)

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$100,000 is $49,880 more than the average yearly salary of $50,120 in Montreal. A salary of $100,000 per year means that you would be taking home about $69,041 per year after taxes, or $5,753 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Montreal is $85,700.

Is $100,000 a good salary in Montreal, Quebec in 2024? (3)

Updated: March 1, 2024

Average Cost of Living per Month in Montreal

The average cost of living in Montreal is $3,257/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

$3,257/month

Monthly net income of $100,000/year

$5,753/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 $100,000 a year in Montreal makes 99.5% more than the average working person in Montreal and will take home about $69,041.

Net Annual Pay:

$69,041

Income tax breakdown

Hourly Salary:

$51.28

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 $100,000.

Renter

Homeowner

Is $100,000 a good salary in Montreal, Quebec in 2024? (4)

Housing

The average monthly cost of rental housing in Montreal is $1,322.

$0$5,000

Transit

Driver

Is $100,000 a good salary in Montreal, Quebec in 2024? (5)

Transportation

The average monthly cost for a driver in Montreal is $647.

$0$1,000

Is $100,000 a good salary in Montreal, Quebec in 2024? (6)

Groceries

The average person spends $489 on groceries per month in Montreal.

$0$1,500

Is $100,000 a good salary in Montreal, Quebec in 2024? (7)

Utilities

The average monthly cost of utilities in Montreal is $95.

$0$600

Is $100,000 a good salary in Montreal, Quebec in 2024? (8)

Leisure & Entertainment

The average person in Montreal spends $141 on leisure & entertainment per month.

$0$1,000

Is $100,000 a good salary in Montreal, Quebec in 2024? (9)

Clothing

The average person in Montreal spends $42 on clothing per month.

$0$500

Is $100,000 a good salary in Montreal, Quebec in 2024? (10)

Restaurants

The average person in Montreal spends $371 on restaurants per month.

$0$1,000

Is $100,000 a good salary in Montreal, Quebec in 2024? (11)

Other

The average person in Montreal spends $150 on miscellaneous goods and services per month.

$0$2,000

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

$3,257/month

Monthly net income of $100,000/year

$5,753/month

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Most affordable cities in Quebec

1. Gatineau, Quebec

Avg. Salary$54,700

Avg. Monthly Net pay$3,448

Avg. Cost of Living$2,719

Affordability Index

126.81%

2. Sherbrooke, Quebec

Avg. Salary$46,880

Avg. Monthly Net pay$3,023

Avg. Cost of Living$2,721

Affordability Index

111.11%

3. Sept-Iles, Quebec

Avg. Salary$57,950

Avg. Monthly Net pay$3,606

Avg. Cost of Living$3,567

Affordability Index

101.08%

4. Saint-Sauveur, Quebec

Avg. Salary$57,200

Avg. Monthly Net pay$3,570

Avg. Cost of Living$3,563

Affordability Index

100.21%

5. Québec City, Quebec

Avg. Salary$52,400

Avg. Monthly Net pay$3,328

Avg. Cost of Living$3,322

Affordability Index

100.18%

6. Matagami, Quebec

Avg. Salary$56,800

Avg. Monthly Net pay$3,552

Avg. Cost of Living$3,567

Affordability Index

99.57%

7. Val-d'Or, Quebec

Avg. Salary$56,800

Avg. Monthly Net pay$3,552

Avg. Cost of Living$3,567

Affordability Index

99.57%

8. Montreal, Quebec

Avg. Salary$50,120

Avg. Monthly Net pay$3,202

Avg. Cost of Living$3,257

Affordability Index

98.32%

9. Mascouche, Quebec

Avg. Salary$54,150

Avg. Monthly Net pay$3,420

Avg. Cost of Living$3,541

Affordability Index

96.58%

10. Boisbriand, Quebec

Avg. Salary$54,100

Avg. Monthly Net pay$3,417

Avg. Cost of Living$3,567

Affordability Index

95.8%

11. Rouyn-Noranda, Quebec

Avg. Salary$53,900

Avg. Monthly Net pay$3,407

Avg. Cost of Living$3,573

Affordability Index

95.36%

12. Baie-Comeau, Quebec

Avg. Salary$52,900

Avg. Monthly Net pay$3,356

Avg. Cost of Living$3,590

Affordability Index

93.47%

13. Sainte-Adèle, Quebec

Avg. Salary$52,050

Avg. Monthly Net pay$3,309

Avg. Cost of Living$3,541

Affordability Index

93.44%

14. Amos, Quebec

Avg. Salary$51,850

Avg. Monthly Net pay$3,298

Avg. Cost of Living$3,567

Affordability Index

92.45%

15. Rimouski, Quebec

Avg. Salary$48,120

Avg. Monthly Net pay$3,092

Avg. Cost of Living$3,352

Affordability Index

92.24%

16. Brossard, Quebec

Avg. Salary$52,900

Avg. Monthly Net pay$3,356

Avg. Cost of Living$3,654

Affordability Index

91.83%

17. Longueuil, Quebec

Avg. Salary$49,160

Avg. Monthly Net pay$3,149

Avg. Cost of Living$3,487

Affordability Index

90.31%

18. Laval, Quebec

Avg. Salary$51,120

Avg. Monthly Net pay$3,257

Avg. Cost of Living$3,632

Affordability Index

89.69%

19. Saguenay, Quebec

Avg. Salary$49,080

Avg. Monthly Net pay$3,145

Avg. Cost of Living$3,507

Affordability Index

89.67%

20. Trois-Rivières, Quebec

Avg. Salary$46,440

Avg. Monthly Net pay$2,999

Avg. Cost of Living$3,365

Affordability Index

89.12%

21. Rivière-du-Loup, Quebec

Avg. Salary$49,200

Avg. Monthly Net pay$3,151

Avg. Cost of Living$3,567

Affordability Index

88.35%

22. Drummondville, Quebec

Avg. Salary$45,400

Avg. Monthly Net pay$2,942

Avg. Cost of Living$3,359

Affordability Index

87.57%

23. Châteauguay, Quebec

Avg. Salary$46,600

Avg. Monthly Net pay$3,008

Avg. Cost of Living$3,519

Affordability Index

85.47%

24. Granby, Quebec

Avg. Salary$45,280

Avg. Monthly Net pay$2,935

Avg. Cost of Living$3,436

Affordability Index

85.42%

25. Saint-Georges, Quebec

Avg. Salary$47,240

Avg. Monthly Net pay$3,043

Avg. Cost of Living$3,567

Affordability Index

85.32%

26. Gaspé, Quebec

Avg. Salary$47,040

Avg. Monthly Net pay$3,032

Avg. Cost of Living$3,567

Affordability Index

85.01%

27. La Sarre, Quebec

Avg. Salary$46,480

Avg. Monthly Net pay$3,001

Avg. Cost of Living$3,567

Affordability Index

84.14%

28. Salaberry-de-Valleyfield, Quebec

Avg. Salary$44,080

Avg. Monthly Net pay$2,869

Avg. Cost of Living$3,469

Affordability Index

82.7%

29. Sainte-Agathe-des-Monts, Quebec

Avg. Salary$44,120

Avg. Monthly Net pay$2,871

Avg. Cost of Living$3,567

Affordability Index

80.49%

30. Montmagny, Quebec

Avg. Salary$43,320

Avg. Monthly Net pay$2,827

Avg. Cost of Living$3,530

Affordability Index

80.08%

31. Victoriaville, Quebec

Avg. Salary$44,440

Avg. Monthly Net pay$2,889

Avg. Cost of Living$3,621

Affordability Index

79.77%

32. Senneterre, Quebec

Avg. Salary$43,440

Avg. Monthly Net pay$2,833

Avg. Cost of Living$3,567

Affordability Index

79.43%

33. Joliette, Quebec

Avg. Salary$42,080

Avg. Monthly Net pay$2,758

Avg. Cost of Living$3,538

Affordability Index

77.96%

34. Thetford Mines, Quebec

Avg. Salary$42,400

Avg. Monthly Net pay$2,776

Avg. Cost of Living$3,567

Affordability Index

77.82%

35. Lachute, Quebec

Avg. Salary$41,760

Avg. Monthly Net pay$2,741

Avg. Cost of Living$3,567

Affordability Index

76.83%

36. Shawinigan, Quebec

Avg. Salary$41,280

Avg. Monthly Net pay$2,714

Avg. Cost of Living$3,567

Affordability Index

76.09%

37. Stanstead, Quebec

Avg. Salary$37,840

Avg. Monthly Net pay$2,524

Avg. Cost of Living$3,567

Affordability Index

70.77%

38. Cap-Chat, Quebec

Avg. Salary$36,680

Avg. Monthly Net pay$2,460

Avg. Cost of Living$3,567

Affordability Index

68.97%

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.

RankCityAvg. SalaryAvg. Monthly Net payAvg. Cost of LivingAffordability Index

01

1

Gatineau, Quebec $54,700$3,448$2,719

12681

126.81%

02

2

Sherbrooke, Quebec $46,880$3,023$2,721

11111

111.11%

03

3

Sept-Iles, Quebec $57,950$3,606$3,567

10108

101.08%

04

4

Saint-Sauveur, Quebec $57,200$3,570$3,563

10021

100.21%

05

5

Québec City, Quebec $52,400$3,328$3,322

10018

100.18%

06

6

Matagami, Quebec $56,800$3,552$3,567

09956

99.57%

07

7

Val-d'Or, Quebec $56,800$3,552$3,567

09956

99.57%

08

8

Montreal, Quebec $50,120$3,202$3,257

09831

98.32%

09

9

Mascouche, Quebec $54,150$3,420$3,541

09658

96.58%

10

10

Boisbriand, Quebec $54,100$3,417$3,567

09580

95.8%

11

11

Rouyn-Noranda, Quebec $53,900$3,407$3,573

09535

95.36%

12

12

Baie-Comeau, Quebec $52,900$3,356$3,590

09347

93.47%

13

13

Sainte-Adèle, Quebec $52,050$3,309$3,541

09344

93.44%

14

14

Amos, Quebec $51,850$3,298$3,567

09244

92.45%

15

15

Rimouski, Quebec $48,120$3,092$3,352

09223

92.24%

16

16

Brossard, Quebec $52,900$3,356$3,654

09183

91.83%

17

17

Longueuil, Quebec $49,160$3,149$3,487

09031

90.31%

18

18

Laval, Quebec $51,120$3,257$3,632

08968

89.69%

19

19

Saguenay, Quebec $49,080$3,145$3,507

08967

89.67%

20

20

Trois-Rivières, Quebec $46,440$2,999$3,365

08912

89.12%

21

21

Rivière-du-Loup, Quebec $49,200$3,151$3,567

08834

88.35%

22

22

Drummondville, Quebec $45,400$2,942$3,359

08757

87.57%

23

23

Châteauguay, Quebec $46,600$3,008$3,519

08547

85.47%

24

24

Granby, Quebec $45,280$2,935$3,436

08541

85.42%

25

25

Saint-Georges, Quebec $47,240$3,043$3,567

08531

85.32%

26

26

Gaspé, Quebec $47,040$3,032$3,567

08500

85.01%

27

27

La Sarre, Quebec $46,480$3,001$3,567

08413

84.14%

28

28

Salaberry-de-Valleyfield, Quebec $44,080$2,869$3,469

08269

82.7%

29

29

Sainte-Agathe-des-Monts, Quebec $44,120$2,871$3,567

08048

80.49%

30

30

Montmagny, Quebec $43,320$2,827$3,530

08007

80.08%

31

31

Victoriaville, Quebec $44,440$2,889$3,621

07977

79.77%

32

32

Senneterre, Quebec $43,440$2,833$3,567

07943

79.43%

33

33

Joliette, Quebec $42,080$2,758$3,538

07796

77.96%

34

34

Thetford Mines, Quebec $42,400$2,776$3,567

07782

77.82%

35

35

Lachute, Quebec $41,760$2,741$3,567

07683

76.83%

36

36

Shawinigan, Quebec $41,280$2,714$3,567

07609

76.09%

37

37

Stanstead, Quebec $37,840$2,524$3,567

07076

70.77%

38

38

Cap-Chat, Quebec $36,680$2,460$3,567

06897

68.97%

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.

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Is $100,000 a good salary in Montreal, Quebec in 2024? (2024)

FAQs

Is $100,000 a good salary in Montreal, Quebec in 2024? ›

Average Salary in Montreal

What is considered a high salary in Quebec? ›

Top Salary in Quebec
Annual SalaryMonthly Pay
Top Earners$150,000$12,500
75th Percentile$100,000$8,333
Average$70,363$5,863
25th Percentile$42,500$3,541

How much do you need to make to live comfortably in Montreal? ›

Average Cost of Living per Month in Montreal

The average cost of living in Montreal is $3,248/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

What is the net salary for 100k in Quebec? ›

If you make $100,000 a year living in the region of Quebec, Canada, you will be taxed $34,232. That means that your net pay will be $65,768 per year, or $5,481 per month. Your average tax rate is 34.2% and your marginal tax rate is 45.5%.

Is $100,000 CAD a good salary in Canada? ›

$100,000 is $37,950 more than the average yearly salary of $62,050 in Toronto. A salary of $100,000 per year means that you would be taking home about $73,571 per year after taxes, or $6,131 per month to pay for things like housing, transportation, groceries, and entertainment.

Is $100,000 a good 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 $100,000 a year in Montreal makes 99.5% more than the average working person in Montreal and will take home about $69,041.

Is 100k a good salary in Quebec? ›

Average Salary in Québec City

A person making $100,000 a year in Québec City makes 90.8% more than the average working person in Québec City and will take home about $69,041.

Is $120,000 a good salary in Montreal ? ›

$120,000 is $69,880 more than the average yearly salary of $50,120 in Montreal. A salary of $120,000 per year means that you would be taking home about $80,676 per year after taxes, or $6,723 per month to pay for things like housing, transportation, groceries, and entertainment.

Is 140k a good salary in Montreal? ›

$140,000 is $89,880 more than the average yearly salary of $50,120 in Montreal. A salary of $140,000 per year means that you would be taking home about $91,311 per year after taxes, or $7,609 per month to pay for things like housing, transportation, groceries, and entertainment.

Is rent expensive in Montreal? ›

Average price of an apartment in Montréal:

According to recent data collected, the average rent for a furnished one-bedroom apartment in Montreal was approximately $1,719 per month in February 2024, while an unfurnished apartment of the same size cost $1,594.

How rare is a 100k salary? ›

According to the U.S. Census, only 15.3% of American households make more than $100,000 annually. A $100,000 salary can yield a monthly income of $8,333.33, a biweekly paycheck of $3,846.15, a weekly income of $1,923.08, and a daily income of $384.62 based on 260 working days per year.

Is 150K a good salary in Quebec? ›

$150,000 is the 75th percentile. Salaries above this are outliers.

Is 90k a good salary in Quebec? ›

Average Salary in Québec City

A person making $90,000 a year in Québec City makes 71.8% more than the average working person in Québec City and will take home about $62,672.

How many people in Canada make over $100000? ›

Income distribution in Canada in 2020, by income level (in Canadian dollars)
Income in Canadian dollarsNumber of people
Persons with income of $35,000 and over16,359,530
Persons with income of $50,000 and over11,335,310
Persons with income of $75,000 and over5,912,780
Persons with income of $100,000 and over3,081,930
9 more rows
Mar 11, 2024

How many people in Canada make $100,000 per year? ›

In 2021, 21.2 percent of the Canadian population had an annual income of 100,000 Canadian dollars or more.

How much tax do I pay on 100k salary in Canada? ›

Annual Income Tax by Province/Territory
RegionTotal IncomeAverage Tax Rate
Ontario$100,000.0021.8%
Alberta$100,000.0021.97%
Saskatchewan$100,000.0023.7%
New Brunswick$100,000.0024.82%
9 more rows

Is $70,000 a good salary in Quebec? ›

The average salary in Montreal is $50,120, which is 8% lower than the Canadian average salary of $54,450. A person making $70,000 a year in Montreal makes 39.7% more than the average working person in Montreal and will take home about $49,983.

Is 150k a good salary in Quebec? ›

$150,000 is the 75th percentile. Salaries above this are outliers.

Is 120k a good salary in Quebec? ›

The average salary in Québec City is $52,400, which is 3.8% lower than the Canadian average salary of $54,450. A person making $120,000 a year in Québec City makes 129% more than the average working person in Québec City and will take home about $80,676.

Is 75k a good salary in Quebec? ›

Average Salary in Québec City

A person making $75,000 a year in Québec City makes 43.1% more than the average working person in Québec City and will take home about $53,156.

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