Cost Of Living In New York Vs London: 2024 Guide

cost of living in new york vs london

New York and London are the biggest and the most developed cities, with unique features and offerings. However, when planning to settle down, the cost of living in New York V/s London must be compared since both cities have worldwide relevance and attract individuals from varied origins. This comparison allows those considering moving or looking for a job to make more informed judgments regarding their lifestyle and finances.

Cost Of Living Calculator

DescriptionCost (£)
Total Cost of Accommodation100
Total Cost of Transport50
Total Cost of Utilities30
Total Cost of Food70
Total Estimated Cost250

What Is The Average Cost Of Living In Australia Vs Canada?

The average cost of living in Australia and Canada is AU$ 2236 and CA$1,807, respectively. The on-campus accommodation and off-campus accommodation costs vary for each of the countries. Let’s look into these in detail:

ItemsCost Of Living In Australia (Monthly)Cost Of Living In Australia (Monthly)
Off-Campus AccommodationAU$ 800CA$ 550 (AU$ 626)
On-Campus AccommodationAU$ 1,754CA$ 1,611 (AU$ 1,321)
TransportationAU$ 150CA$ 100 (AU$ 113)
Food CostAU$ 780CA$ 720 (AU$ 819)
Utility CostAU$ 205CA$ 180 (AU$ 204)
EntertainmentAU$ 80CA$ 60 (AU$ 68)
GroceriesAU$ 68CA$ 64 (AU$ 72)
ClothesAU$ 153CA$ 133 (AU$ 151)
Total Cost of Living with Off-Campus AccommodationAU$ 2,236CA$ 1,807 (AU$ 2,056)
Total Cost of Living with On-Campus AccommodationAU$ 3,190CA$ 2,868 (AU$ 3,264)
Annual Cost of LivingAU$ 26,832CA$ 21,684 (AU$ 24,682)

Student Accommodation In Australia Vs Canada

Some universities in Australia and Canada do not provide on-campus accommodation or even if they do, sometimes they are costly. This effects your total cost of living overall. So its really important to decide where to stay, understand the approximate cost of accommodation and only then plan your budget. Given below is a table consisting various accommodation options offered by these countries.

Well, picture this- you have applied to your dream university and have secured admission successfully, but then get to know that the university doesn’t provide accommodation, or even if it does, it’s way too costly! Hence, it’s important to check the accommodation costs and also decide on your stay to plan your budget accordingly. Australia and Canada offer multiple types of on-campus and off-campus accommodations or housing options. Let’s learn about these options: 

CountryTypes of Housing OptionsPopular CitiesNotable Universities
AustraliaDormitories, apartments, shared housesSydney, Melbourne, Brisbane, Perth, AdelaideRMIT University, Monash University, Macquarie University
CanadaDormitories, apartments, shared housesOttawa, Toronto, Montréal, VancouverCarleton University, Langara College, Sheridan College

Following is the list of average rent prices in the popular cities of both countries:

Average Rent In Australia (Monthly)Average Rent In Canada (Monthly)
Sydney: AU$329-519Ottawa: CA$722-1244 (AU$762-AU$1305)
Melbourne: AU$309-552Toronto: CA$715-950 (AU$756-AU$1005)
Brisbane: AU$455-769Montréal: CA$820-920 (AU$869-AU$975)
Perth: AU$360-431Vancouver: CA$675-850 (AU$715-AU$896)

If you are keen about finding out more on abroad student accommodations, contact UniAcco. We provide the best student accommodation in London that fit your budget! You can compare the prices of various properties, consult with other students and choose your housing.

Tuition Fees

When comparing the living costs in Canada Vs. Australia, it’s important to consider the tuition fees of the top universities in the country. The fee structure can help you borrow a loan or plan your financial roadmap.

AspectsAverage Tuition Fees Australia (Annual)Average Tuition Fees Canada (Annual)
Undergraduate Degree CoursesAUD 20,000 – AUD 45,000CAD 10,000 – CAD 30,000
Graduate Degree CoursesAUD 22,000 – AUD 50,000CAD 15,000 – CAD 65,000
Doctoral ProgrammeAUD 22,000 – AUD 42,000CAD 7,000 – CAD 17,000
Diploma/CertificateAUD 4,000 – AUD 22,000CAD 10,000 – CAD 15,000

Top 5 Universities In Canada and Australia

An international student like you who is going to put in so much money to study abroad should thoroughly research the best that you can get out of all that money. The most important factor here is the university. You must get a quality education no matter what. Given below are the top 5 universities in Canada and Australia: 

CanadaAustralia
University of TorontoAustralian National University (ANU)
McGill UniversityUniversity of Sydney
University of British ColumbiaUniversite de MontrealUniversity of MelbourneUniversity of New South Wales (UNSW)
University of AlbertaUniversity of Queensland (UQ)

Food Cost

Cost Of Living In Australia Vs Canada - Food cost

When comparing the average monthly food costs between Australia and Canada, we can see the following costs:

Australia

  • You can expect an average monthly cost of AU$780 on food, including expenses like groceries and dining out. Groceries individually can amount up to approximately AU$68.
  • Vegemite on toast, Tim Tams, Meat Pies, and Fish and Chips are some of the dishes you can try in Australia. 

Canada

  • Coming to Canada, the average monthly food cost in Canada is about CA$ 720 (approx. AU$ 819). Considering the groceries, individually cost CA$ 64 (approx. AU$72) of this total. 
  • In Canada, you can have tasty dishes like Poutine, Butter Tarts, Nanaimo Bars and BeaverTails.

Transportation

Whether it’s going to the university, shopping for groceries, or even hanging out on a day off, you have to use transportation. Taking into account the transportation costs can help you manage your monthly expenses wisely. Below is an overview of the transportation costs in both countries:

Australia

Various transportation options are available in Australia, including its cities and regions. Some of them are given below: 

Mode of TransportationShortened Points
Public TransportIncludes- Buses, Trains, Trams, Ferries
BikingYou can use Bike Lanes, Pathways 
WalkingSuitable for short distances
Average transportation cost = AU$150

Canada

Canada offers a range of transportation modes due to its vast geography. Some of them are given below:

Mode of TransportationPoints
RailExtensive network, scenic travel, advance booking for cost savings
BusCity commuting, intercity travel, cost-effective for travelling between cities, longer journeys
FerryPopular in coastal regions like British Columbia and Atlantic region
Average transportation cost in Canada = CA$100

Healthcare Facilities For Students

Given below are some of the healthcare facilities for students offered in Australia and Canada: 

  • In Australia, permanent residents have a facility for basic healthcare, doctor visits, and hospital treatments through Medicare. 
  • You can even choose private health insurance for extra coverage like dental care and routine and specialist consultations with Medicare. 
  • Inclusive Approach: Canada’s humane healthcare system emphasises equal access for all, relieving financial burdens and serving residents, including international students.

Job Opportunities For Students

Part-time job availability is widespread for students in Australia, offering opportunities to balance work and studies while comparing the cost of living in Australia vs Canada.

CountryCommon Part-time JobsWork Hours
AustraliaRetail sales, restaurants/cafes/bars, hotels/motels (admin & housekeeping), farming, sales/telemarketing, administration, tutoringAverage workday: 7.6 hours, 38 hours/week, 1797 hours/year
CanadaServer/bartender, sales assistant, barista, dog walker, tutor, ride-sharing/delivery driver, teacher assistant, freelancing, nanny, translator, bookkeeper, customer service, cook, program facilitator, writer/editorStandard hours for federal employees: 8 hours/day, 40 hours/week, 2086 hours/year

Conclusion

It’s a wrap! With this blog, you might have learned about the costs you would incur if you stayed in Australia and Canada. Knowing about such things gives you a clear picture of what your finances should look like.

FAQs

Q1. Is it cheaper to live in Canada or Australia?

Ans: Affordability depends on your requirements. However, Canada is cheaper than Australia. 

Q2. Which is better, Australia or Canada for students?

Ans: The choice between Australia and Canada depends on your academic goals, lifestyle preferences, and desired experiences as a student.

Q3. Is Canada or Australia safer?

Ans: Both Canada and Australia are considered safe countries, but specific safety conditions can differ based on location and local factors.

Q4. Is Australia colder than Canada?

Ans: Australia generally has milder winters and warmer temperatures than Canada, which can experience much colder weather.

Q5. What are some best universities in Australia and Canada?

Ans: Australian National University and University of Sydney are among the best universities in Australia, whereas University of Toronto and McGill University are among the best in Canada.

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Cost Of Living In New York Vs London: 2024 Guide

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