Is Outremont Expensive?

Montreal, Canada

+20% vs Montreal avg

Living in Outremont, Montreal

Outremont is one of the pricier neighborhoods in Montreal, with a cost of living index of 62.5 — that is +20% compared to the Montreal average. It ranks #3 out of 24 areas by cost. Estimated rent for a one-bedroom apartment here is around C$2,275/month, compared to a range of C$1,365 in Longueuil to C$2,464 in Westmount.

Monthly Budget Breakdown

For a typical resident of Outremont, housing takes up roughly 54% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately C$90,983 before tax.

Typical Salaries in Outremont

Salaries in Outremont reflect the local cost of living. Based on the neighborhood COLI of 62.5:

After tax and deductions of 37.5% in Canada, take-home pay for someone earning C$90,983 would be roughly C$56,864/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

62.5
COLI Index
1.20x
vs City Avg
C$2,275
Est. 1BR Rent
#3
of 24 Areas
37.5%
Total Deductions

Tax & Deductions in Outremont

Estimated annual deductions on a C$63,465 salary in Outremont, Montreal (local employee).

Income Tax
16%
CPP + EI
6.8%
Provincial Tax (Québec)
15%
Total Deductions: 37.5%
Est. Take-Home: C$39,692/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Outremont would need to be elsewhere:

City Currency Equivalent
New York USD $46,875
London GBP £40,340
Dubai AED AED 234,552

Other Neighborhoods in Montreal

Neighborhood COLI Multiplier vs Avg
Westmount 67.7 1.30x +30%
Old Montreal 63.6 1.22x +22%
Plateau Mont-Royal 61.5 1.18x +18%
Griffintown 59.9 1.15x +15%
Mile End 56.3 1.08x +8%

View all 24 neighborhoods in Montreal →

Convert Your Salary

See exactly what you need to earn in Outremont, Montreal to maintain your lifestyle.

Open Salary Converter

Compare Outremont

Outremont vs Old Montreal Outremont vs Westmount

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Outremont:

Mitte, Berlin Dahlem, Berlin Tortona, Milan Cotswold, Charlotte Old Nice (Vieux Nice), Nice Green Valley, Las Vegas

Frequently Asked Questions

Is Outremont expensive in Montreal?

Yes, Outremont is one of the more expensive neighborhoods in Montreal. It costs about +20% more than the city average, ranking #3 out of 24 neighborhoods.

How does Outremont compare to the Montreal average?

The cost of living in Outremont is above the Montreal average. With a multiplier of 1.20x, everyday expenses including rent, food, and transportation are +20% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Statistics Canada · Canada Revenue Agency · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.