Living Cost in Canada

Living Cost in Canada

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Aditee Neupane06 Mar,2021

Living Cost in Canada

Before moving to a new country for studying, there are many avenues that need to be analyzed, one of which is whether the cost of living is affordable or not. The main concern of an international student is mostly about the tuition fees and all the other expenses while studying which also includes health insurance, accommodation costs, and other additional expenses.  

Although Canada is considered one of the most expensive countries to live in, globally, there are many cities that are much cheaper than most North American cities as well as the national average. The cost of living in Canada is based on the popularity, lifestyle, and growth of the city, the larger the city, the higher the cost of living. Many of the reputed universities in Canada are funded by the government which works as a benefiting factor for the students as the tuition fee here is comparatively lower than in other countries. 

Accommodation

While planning to study abroad accommodation is a big concern for all international students. The cost of accommodation varies from city to city in big cities such as Vancouver, Ontario, Montreal accommodations are pricey. During the first years, students prefer to live on campus where they share their rooms with other students while sharing the kitchen, laundry room, and social area which costs them around 500 to 2000 CA$. After getting familiar with the place and people students prefer living off-campus, where they share apartments with their friends. The rental price varies from city to city, Vancouver, Toronto, and Calgary are are the most expensive cities in Canada. For off-campus accommodations, students need to spend around 700 to 2200 CA$ per month. Food

The food expenses of an individual depends on their eating habits and what they prefer. A basic meal in Canada costs you around 10 to 15 CA$. But if a student prefers home-cooked meals, you can stabilize your expenses in food. On average students spend around 1500 to 3000 CA$ per year on food.  

Travel expenses

Students residing near their institutions prefer walking, whereas students who live far from the major cities have to commute via bus or metro. Monthly bus or metro passes may cost students around 80 to 110 CA$ per month, but you can also get a discount using your valid student identification.  

Health Insurance

Health insurance is a must in Canada for all international students, which also varies from city to city. All international students with a study visa are eligible to benefit from provincial health insurance which covers all emergency and essential preventive services or you can either opt for private health insurance which will cost you around 600 to 1000 CA$ which covers dental care, hospital room services, ambulance services, and prescription drugs. 

Miscellaneous

Expenses on books and study materials are also to be kept in mind as a student can spend around 1000 to 2000 CA$ per year. This cost can be reduced further by studying in campus libraries, ebooks, online PDFs, and more. Since Canada is a cold city students spend around 900 to 1100 CA$ on essential clothing supplies. Other expenses include personal entertainment, watching movies, traveling, taking part in various activities, and many more. Students spend around 1000 to 2000 CA$ on miscellaneous expenses.  

Studying in Canada can be a beneficial choice for any international students due to its affordable and high-quality education that is recognized around the world, multicultural crowd, and all the working opportunities available. These rough figures will help you estimate your cost of living while studying in Canada. 
 

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