Understanding the Cost of Living in Canada

universityagents75
Nov 5, 2025
3 min read

Moving to a new country means understanding the costs involved. Canada is a popular destination for international students. Knowing the expenses helps plan better. I will explain the main costs you should expect. This guide covers housing, food, transportation, healthcare, and other essentials. It will help you prepare financially for your stay in Canada.

Housing Costs in Canada Living Expenses

Housing is usually the largest expense. Rent varies by city and type of accommodation. In big cities like Toronto and Vancouver, rent is higher. Smaller cities and towns offer more affordable options.

On-campus housing: Dormitories or university residences cost between CAD 400 and CAD 800 per month. This includes utilities and internet.
Off-campus apartments: A one-bedroom apartment in the city center can cost CAD 1,200 to CAD 1,800 monthly. Outside the city center, prices drop to CAD 800 to CAD 1,200.
Shared accommodation: Renting a room in a shared apartment or house is cheaper, around CAD 500 to CAD 900 per month.

Utilities such as electricity, heating, water, and internet usually add CAD 100 to CAD 200 monthly. Some rentals include utilities in the rent, so check before signing a lease.

When budgeting, consider a security deposit equal to one month’s rent. This is refundable if the property is in good condition.

Eye-level view of a modern apartment building in a Canadian city — Typical apartment building in Canada

Food and Grocery Expenses in Canada Living Expenses

Food costs depend on your eating habits. Cooking at home is more economical than eating out. Grocery prices vary but are generally reasonable.

Groceries: Expect to spend CAD 200 to CAD 400 per month on groceries. This includes basics like bread, milk, fruits, vegetables, and meat.
Eating out: A meal at an inexpensive restaurant costs about CAD 15. Mid-range restaurants charge CAD 25 to CAD 50 per person.
Coffee and snacks: A coffee costs around CAD 3 to CAD 5.

Shopping at local markets and discount stores helps reduce costs. Planning meals and buying in bulk can also save money.

Transportation and Mobility

Getting around Canada requires some planning. Public transportation is reliable in most cities. Costs vary depending on the city and type of pass.

Monthly transit pass: Prices range from CAD 80 to CAD 150. This pass covers buses, subways, and trams.
Single fares: Usually CAD 3 to CAD 4 per ride.
Biking and walking: Many cities have bike lanes and pedestrian-friendly areas. This is a free and healthy option.
Car ownership: Expensive due to insurance, fuel, maintenance, and parking fees. Not recommended for students unless necessary.

Using public transit is the most cost-effective and convenient option for most students.

High angle view of a city bus at a busy Canadian transit stop — Public transportation in a Canadian city

Healthcare and Insurance Costs

Healthcare in Canada is publicly funded but international students usually need private insurance. Some provinces require proof of coverage before enrollment.

Health insurance: Costs vary by province and provider. Expect to pay CAD 600 to CAD 900 per year.
Medical services: With insurance, most doctor visits and hospital stays are covered.
Prescriptions and dental care: Often not included in basic insurance. Budget extra for these services.

Check your university’s health plan options. Some schools include insurance in tuition fees. Always have valid coverage to avoid high medical bills.

Other Essential Expenses

Besides housing, food, transport, and healthcare, other costs add up.

Books and supplies: CAD 500 to CAD 1,000 per year.
Clothing: Seasonal clothing is necessary due to Canada’s cold winters. Budget CAD 300 to CAD 600 annually.
Phone and internet: Mobile plans cost CAD 40 to CAD 80 per month.
Entertainment and leisure: Budget CAD 100 to CAD 200 monthly for movies, sports, and social activities.

Plan a monthly budget that includes these expenses. Track your spending to stay within limits.

Planning Your Budget with Confidence

Understanding the cost of living Canada is crucial. It helps avoid surprises and financial stress. Start by listing your expected expenses. Use conservative estimates to be safe.

Prioritize essential costs like rent, food, and insurance.
Look for student discounts and deals.
Save a small emergency fund for unexpected expenses.

Being prepared financially lets you focus on your studies and enjoy your time in Canada.

This guide provides a clear overview of Canada living expenses. With careful planning, you can manage your budget effectively. Keep this information handy as you prepare for your move. Your financial readiness will support your success abroad.