Are you considering a move to Halifax or Montreal? But you are concerned about the cost of living. No need to look further here are all details about Halifax vs. Montreal!
I will compare the living costs of these two popular Canadian cities – Halifax and Montreal. Whether you’re a student, young professional, or retiree, I’ve got you covered with valuable insights for sure. This information will help you make an informed decision about where to call home.
While Montreal may have a slightly higher overall cost of living, it also offers a wider range of job opportunities and cultural experiences. On the other hand, Halifax has a lower cost of living and a strong sense of community, making it an attractive option for those seeking a more relaxed lifestyle.
How far are you willing to go with me?
Pretty sure… till the end.
Halifax, located on the east coast of Canada, is a port city that boasts a rich maritime history, while Montreal is known for its French influence, artistic flare, and diverse cultural scene.
Whether you’re planning a trip or simply curious about what these cities have to offer, this write-up will provide you with all the necessary information about Halifax and Montreal.
▶️ FYI: Starting with basics…
Halifax is a city in the Canadian province of Nova Scotia.
According to Macrotrends, the population is approximately 420,000 (Data updated for 2022).
It is a major economic and cultural hub in Atlantic Canada. Maritime history, stunning waterfront or bustling downtown in Nova Scotia province… If the question is – Can you guess? Everyone from Nova Scotia will reply – Oh, it’s Halifax.
Are you thinking about higher education in a new location? Several prestigious universities and colleges are waiting to welcome you.
Halifax is known for its delicious seafood. When you have free time, explore the historic Citadel Hill, the boardwalk, Peggy’s Cove, or the Cabot Trail.
GDP: $22.8 billion (2018) [Source].
GDP per capita: CA$48,289 (2022). Halifax has a higher GDP per capita compared to outside areas of Nova Scotia province.
Website: halifax.ca
Montreal is Canada’s second most populous city, located in the province of Quebec. The city is on the Island of Montreal and several smaller peripheral islands.
Macrotrends states the population is approximately 4,308,000 (Data updated for 2022).
Official language: French. This city is the most bilingual in Quebec and Canada. 58.5% of the population can speak both English and French.
Montreal is an important center of commerce, aerospace, transport, finance, pharmaceuticals, technology, education, tourism, and food industries.
GDP: CA$221.9 billion [2018]
GDP per capita: CA$48,289 (2022)
Website: montreal.ca/en/
My assumption is – you shortlisted Montreal and Halifax from a long list. If yes, then I will mention all the details you need to consider before making your decision from confusion 🙂
The following table shows the average salary, hourly salary, and average total income tax rate range of Halifax and Montreal-
Factors | Halifax | Montreal |
Average Salary | $52,900 (2.8% lower than average Canadian salary: $54,450) [Data source: Careerbeacon] | $50,120 (8% lower than average Canadian salary: $54,450) [Data source: Careerbeacon] |
Hourly Salary | $20.51 | $14.36 |
Average total household income (Data of 2020) | $99,200
| $85,700 |
Income Tax Rate | 8.79% – 21% | 15% – 25.75% |
Federal Tax Brackets are all the same for all the provinces. But, provincial tax brackets differ from province to province.
Among all the Canadian provinces and territories, Quebec has higher taxes than.
Halifax (Nova Scotia) | Montreal (Québec) | ||
Brackets | Rates | Brackets | Rates |
On the first $29,590 of taxable income, + | 8.79% | On the first $46,295 of taxable income, + | 15% |
On the next $59,179, + | 14.95% | On the next $46,285, + | 20% |
On the next $92,999, + | 16.67% | On the next $20,075, + | 24% |
On the next $149,999, + | 17.5% | On the next $112,655 | 25.75% |
On the amount over $150,000 | 21% |
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When looking at the cost of living in Halifax and Montreal, it’s important to take into account a variety of factors. These include housing costs, transportation expenses, food prices, healthcare costs, and entertainment options.
Factors | Average cost in Halifax | Average cost in Montreal |
Average cost of living | $2,000 – 3800 month | $2,500 – 3300 month |
Housing | $1,200 – 2100(For Renter) $1200 – 2200 (For Homeowner) | $1,000 – 2000(For Renter) $1200 – 2500 (For Homeowner) |
Transportation | $200 – 300 (Public transit) $500 – 700 (Using Car) | $200 – 325 (Public transit) $500 – 700 (Using Car) |
Groceries | $400 – 740 | $350 – 700 |
Utilities | $150 – 220 | $100 – 150 |
Leisure & Entertainment | $150 – 350 | $100 – 300 |
Clothing | $50 – 100 | $50 – 100 |
Restaurants | $300 – 400 | $200 – 370 |
Other | $120 – 150 | $120 – 150 |
Halifax:
The employment opportunities in Halifax were unknown to me until I researched them. After researching on the internet and information from Halifax ex-residents, I got the exact information that you need.
Most common vacancies found from job market research (Source: Indeed Canada) –
Major industries of Halifax city: Aerospace, Health Care, Finance, IT, Gaming, Digital Industry, Agriculture, Mining, Fishing etc.
Montreal:
Do you want to start your new business in a favorable neighborhood?
Are you ready to take your entrepreneurial aspirations to the next level?
Look no further than Montreal!
The vibrant city of Montreal has ample resources and opportunities for entrepreneurs!
Most common vacancies found from job market research (Source: Indeed Canada) –
Major industries of Montreal city: Petrochemicals, Software Engineering, Textile, Electronic goods, Pharmaceuticals, Telecommunications, Aerospace, Tourism, etc. Some other sub-industries are also booming in Montreal. With all these options available to you, whatever your goals may be, Montreal has something for you!
Want to move to Halifax or Montreal? Read What is the Cheapest Way to Move Your Stuff Across Canada [Guaranteed $$$ Saving].
Halifax:
13 things to do list for Halifax are listed below –
Montreal:
18 things to do list for Montreal are listed below –
I would like to share words from Nader Nadernejad who has living experience in both cities: “In Halifax have the option to few things. Restaurant, Boardwalk, Northern water street area, and Southern Point pleasant park.
I already running out of these. You will find work-life balance in Halifax. No bustling culture there. But, in Montreal – an incredible amount of diversity. You will be able to explore different neighborhoods, and walking around will change your perspective. The old port, Portuguese neighborhood, French neighborhood, etc.” (Watch the full YouTube video)
Another Montreal resident said, “Quebecer’s focus point is Quality of life before rich in materials.”
Is Halifax cheaper than Montreal?
No. Halifax is more expensive than Montreal.
Is Halifax good for immigrants?
Yes. Halifax is an attractive destination for those looking for a more relaxed and easy-going lifestyle. No hustle and bustle here.
Is Halifax affordable to live in?
Not affordable for young people. Resident Gina Grattan said, living in Halifax is increasingly difficult despite working two jobs. She also added: I’m experiencing a cost that is becoming increasingly difficult to keep up with.
Is Nova Scotia cheaper than Quebec?
There is no significant difference in living costs between Nova Scotia and Quebec. Comparatively Nova Scotia is more expensive than Quebec.
To conclude, I can say both Halifax and Montreal offer affordable cost-of-living options for individuals and families. Montreal has a high cost of living but offers a wider range of job prospects and cultural experiences. Conversely, Halifax is for cost-effective living, community-focused, and for those who seek a more relaxed lifestyle.
But, I don’t find any significant changes from my end.
The decision between Halifax and Montreal comes down to individual preferences and priorities. So, consider job opportunities, housing costs, transportation options, and overall quality of life before making your final decision.
However, both cities can offer an attractive option, regardless of choice.
In the end, the decision is yours.
Don’t: Forget to share 🙂 with your friends.
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