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Cost of Living in Canada For Students [Updated Prices 2023-24]

cost of living in Canada

Canada is a great place to study abroad! You’ll have the opportunity to learn about a new culture and language, while also earning your degree from one of Canada’s top universities. But before you make the decision to study in the country, it’s important to understand the average expenses in Canada. Although Canada is renowned for being pricey, the excellent experience it gives is well worth the cost. Since there have been numerous speculations about the cost of living in Canada for international students, we have gathered all of the information here.

In this article, we’ll break down the costs associated with the average cost of living in Canada for international students. We’ll cover everything from tuition fees, accommodation costs, and travel expenses so that you can be fully prepared for studying abroad in this beautiful country!

Cost Of Living In Canada For Students: An Overview

Living expenditures for international students in Canada are reasonable and feasible provided you manage your spending properly. Depending on one’s lifestyle and tastes, the average cost of living in Canada for a student might range from $1,807 to $ 2,868 per month. This could by and large vary across Canada’s various provinces.

Here is a breakdown of all the important aspects to consider when estimating the overall cost of living in Canada.

ParticularsCost (Monthly)
Off-Campus Accommodation CA$ 550
On-Campus AccommodationCA$ 1,611
TransportationCA$ 100
Food CostCA$ 720
Utility CostCA$ 180
EntertainmentCA$ 60
GroceriesCA$ 64
ClothesCA$ 133
Total Cost of Living with Off-Campus Accommodation CA$ 1,807
Total Cost of Living with On-Campus Accommodation CA$ 2,868
Annual Cost of LivingCA$ 21,684

Cost Of Accommodation In Canada

There are various factors that affect the cost of student accommodation in Canada, such as location and type of accommodation. The type of accommodation you choose will have a significant impact on your monthly cost of living in Canada as an international student. You should budget for a minimum of $ 600 per month to live on your own outside of Montreal and Toronto. If you’re sharing an apartment, this amount will decrease significantly. 

cost of living in Canada

Food In Canada

For international students living in Canada, food is a crucial component of living costs. The average monthly cost of food in Canada can range upto $720. When you’re a student and on a budget, it’s tempting to eat out all the time. But if you don’t have much money to spend on food, it’s better to cook at home as much as possible.

To save money on your average expenses in Canada you can:

  • Shop at discount supermarkets like No Frills and Save-on-Foods. They usually have great deals on meat and other staples of your diet 
  • Buy in bulk when it makes sense for what you need!
  • Eat more home-cooked meals rather than ordering takeout or going out for dinner every night!

Travel And Transportation In Canada

Transportation expenses can vary greatly. Canada’s public transit system is well-connected, effective, and secure. Indian and other international students studying in Canada might reduce their monthly costs by choosing public transportation. In addition, depending on where you reside, you should consider cycling or walk to campus. Buses, trains, subways, and light-rail trains are just a few of the numerous public transit options available in Canada. By presenting your student I-Card when utilizing these public transportation services, you can benefit from savings for students. This is a fantastic method for lowering your cost of living in Canada.

cost of living in Canada

Utilities and Internet

If you decide to rent an apartment, expect to pay a minimum of $180 per month for utilities. If possible, try to live with someone who already has a house or apartment so that you can split the cost of utilities with them. If this isn’t an option, try sharing a room with two other people – this will cut down on the cost of living in Canada. Be sure to ask each potential roommate about their utility habits before signing anything!

Recreational Activities In Canada

Recreational activities are a major part of our lives, and it’s important to make sure that you can afford all the fun things you want to do. The average monthly expense in Canada for recreational activities is $60, which includes everything from movie tickets and trips to museums to sporting events and concerts. This number can vary depending on what city you’re living in and what kind of activities you prefer—but if you’re going out with friends once a week or so, this should be more than enough money for your needs. The cost of living in Canada is high compared with many other countries, but it also varies depending on where you live. 

Conclusion

As you can see, there is a lot to consider when deciding on a place to study abroad. Luckily for international students who want to study in Canada, the country has a lot of resources for those who are considering studying here.

FAQs

1. How much does it cost to live in Canada?

It is self-evident that studying abroad is far more expensive than staying at home. To better understand the total cost, international students should conduct a comparative study of Canada’s cost of living. The average total monthly cost of living in Canada on campus is $2,868 and of campus is $1,807.

2. What are the average monthly expenses in Canada for a single person?

The cost of living in Canada varies from city to city. The national average living cost for one person, on the other hand, is estimated to be $2,730.

3. Where can I find low-cost housing in Canada?

Montreal, Quebec, is the major city in Canada with the lowest rent right now. It is also the city with the lowest year-over-year rent increase.

We hope this blog post has helped answer some of your questions about expenses and the cost of living in Canada. You can also read some of our blogs that may be of your interest –

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cost of living in Canada

Cost of Living in Canada For Students [Updated Prices 2023-24]