This Canadian city has found the sweet spot between low cost of living and high quality of life

• Many Americans are struggling to afford a fun lifestyle amid the high cost of living. 
• But just north of the border, Montreal offers residents a balance between high quality of life and low prices. 
• Only a handful of major cities have found that sweet spot, according to consulting firm Mercer.

Many of the world's most exciting and beautiful cities are also the priciest to live in.

But one Canadian city has found the perfect balance between offering its residents a great quality of life for a relatively low cost, according to Mercer's 2024 cost of living report.

The study compared 226 cities worldwide according to their cost of housing, transport, food, clothing, household goods, and entertainment.