A full breakdown of whether CA$3,000/month covers the cost of living in Montreal — including take-home pay after tax, monthly costs, your savings rate, and how long until financial independence.
Most affordable major Canadian city. High Quebec provincial tax but dramatically lower costs than Toronto or Vancouver make it FIRE-viable.
Federal + Quebec provincial tax — highest combined in Canada at roughly 33% effective.
TFSA and RRSP same as other Canadian cities. Despite higher tax, lower costs mean better savings rates.