45.5019° N, 73.5674° O — GREATER MONTREAL

Montréal

About 1.76 million (city) / 4.3 million (greater area)

01 — Housing
Average rent
$1,283 /mo
Island of Montreal average, 2025, +11.9% year over year (CMHC)
Livable income (single person)
$40,084 /yr
After-tax income needed to live above the poverty line — IRIS, 2025
Unemployment rate
6.8 %
April 2026 (Montreal CMA)
02 — Economic snapshot

Living and working in Montréal

The metropolis is home to most of Quebec's tech and AI ecosystem — MILA, corporate head offices, video game studios, multinational offices — and remains the number one entry point for economic immigration. It's also where the rental market weighs heaviest on the budget, even as the vacancy rate slowly recovers (2.9% in 2025).

Typical employers and sectors: corporate head offices (finance, transportation, aerospace), video game studios, AI/tech, healthcare, culture and tourism.

03 — Things to see

Points of interest in Montréal

Old Montreal & Old Port

cobblestone historic district, horse-drawn carriages, and Notre-Dame Basilica's spectacular blue-and-gold interior

Mount Royal

Frederick Law Olmsted's (also behind Central Park) great urban park, with city-wide views from the Kondiaronk lookout

Jean-Talon Market

one of the largest open-air public markets in North America, in the heart of Little Italy

Space for Life

Canada's largest natural science museum complex — Biodôme, Botanical Garden, Insectarium and Planetarium combined

04 — Verdict
Balanced

The most opportunity, but housing costs weigh heaviest on the budget.

Estimate my net income in Montréal →

Sources: Canada Mortgage and Housing Corporation (2025 Rental Market Report), Institut de recherche et d'informations socioéconomiques (Livable Income 2025), Statistics Canada and Employment and Social Development Canada. This English page is a translated summary of our full French-language city profile, which is updated more frequently.