Is Montréal a Good Place to Live?
Based on current data, Montréal receives an overall livability score of 2.1 out of 5.0, earning a grade of C. Key strengths include low crime rates. Areas to be aware of include high housing costs, above-average unemployment, an elevated poverty rate. Montréal has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Montréal is $63,600, 15% below the national average of $75,149. At 10.3%, unemployment is notably high. The poverty rate of 17.4% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 32 minutes.
Cost of Living & Housing
The median home value in Montréal is $500,000, making it a premium housing market at 77% above the U.S. median of $281,900. Renters pay a median of $870 per month, below the national average — a plus for affordability. With a home price-to-income ratio of 7.9x, housing affordability is a significant challenge for many families.
Safety & Crime
Montréal is a very safe community with a violent crime rate of 91 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 50 per 100,000, 97% below the national average.
Education
20.3% of residents hold a bachelor's degree, below the national average of 33.7%. 19.4% have completed high school.
Climate & Weather
Montréal has a cool climate with an average annual temperature of 44°F. Winters average 14°F in January while summers reach 70°F in July. Annual precipitation totals 45.9 inches, including 59.9 inches of snow.