
Local News
Think a $40K salary is enough to live in Montreal? That's actually the bare minimum
MTL Blog05.01.2025

Photo: MTL Blog
TL;DR
A new analysis from HelloSafe predicts that, due to rising inflation, Montrealers will need to earn approximately 8% more annually by 2025 to maintain their current standard of living. The cost of living in the city has been steadily increasing, driven by higher prices in housing, groceries, and transportation. The analysis suggests that individuals may need to adjust their lifestyles or seek higher-paying jobs to cope with these changes. The report highlights the growing financial challenges faced by Montreal residents amid economic shifts.
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