Famous for its friendly people and vibrant cities, Canada is a great place to study. Nonetheless, as an international student, you may be wondering about its price. From the cost of accommodation to everyday essentials, it may seem complicated, but it is something you would be very wise to consider.
To make things more simple, our guide to the cost of living in Canada explores everything you need to know. We provide you with the information you need to make the right choices.
What will I need to pay for?
This can vary. However, while you'll be able to cut some costs depending on your lifestyle, there are certain things you will definitely need to consider when working out your budget.
These things include:
- Accommodation
- Food and everyday essentials
- Travel and transport
- Entertainment
- Connectivity (internet, mobile phone etc)
Tuition fees
Broadly speaking, as an international student in Canada you can expect annual tuition fees in the region of:
- CAD 16,000 to CAD 100,000 at the undergraduate level
- CAD 7,000 to CAD 50,000 at the postgraduate level
Clearly, these are broad estimates. For a more detailed overview, read our full article on tuition fees in Canada.
Difference in cost between regions
As with any country, you'll pay more to live in certain areas of Canada than you will in others. Cities are typically more expensive than rural areas, and there’s variation between provinces too.
Ontario and British Columbia are generally considered the most expensive provinces in Canada. In fact, they are also home to the country's two most expensive cities: Toronto and Vancouver. Both are well known as vibrant student hubs.
By contrast, the cheapest provinces to live in are New Brunswick, Newfoundland and Labrador, and Quebec.
However, you shouldn’t let the typical cost of living be the only factor in deciding where to study. Prices vary everywhere; even between suburbs and streets. It’s worth researching individual areas before making a final decision.
Accommodation
The cost of rent is always likely to be a significant consideration, with many different accommodation options available at different price points. In Canada, most students choose to live on campus in their first year, moving into a private rental for later years.
When comparing costs, remember that in a university-owned residence you will usually only pay rent for the academic year (eight months). In private rentals, your contract is likely to be for a full year.
University residence
Canada follows a similar university accommodation model to the UK, with on-campus residence being the most common choice for first-year undergraduate students.
Most on-campus accommodation consists of dormitory-style rooms, which are often shared between two students. You'll also be able to make use of shared kitchens and communal areas.
Rent for on-campus accommodation usually covers your room and utilities (electricity, gas and water). Sometimes it may also include a meal plan. Depending on the university, you can expect to pay somewhere between CAD 500 and CAD 3,000 rent per month, with prices at the lower end not including meals.
Private rental
It is possible to reduce costs by sharing a private property with other people. Not only will this cut your rent, but also your bills. Plus, it’s a great way to get to know people!
Depending on the location and whether or not you choose to share with other students, you’ll likely pay somewhere between CAD 500 and CAD 2,500 a month in rent.
One disadvantage of renting privately is that utilities are rarely included in the cost. In a country like Canada, where winters are long and cold, you'll then certainly need to budget for energy bills. Depending on the number of people you share with, you’ll probably spend between CAD 80 and CAD 320 a month on water, gas and electricity.
Homestay
A less common option is a homestay, where you live with a local family for the duration of your course. For this, you might expect to pay in the region of CAD 850 to CAD 1,250 per month.
Food and shopping
If you don't have meal plans included in your accommodation, you'll need to shop for groceries. Cooking for yourself is one of the fun life skills you'll improve during your time at university, and although budgeting for it can be a challenge, you'll quickly learn how.
Assuming your accommodation is self-catered, we recommend setting aside CAD 450 to CAD 600 a month for general shopping. This includes everyday items such as toiletries and cleaning products.
Transport
Depending on where you live in relation to your university, you may find you can walk or cycle to your classes, especially in summer. But in the winter, or if you live further away, public transport will probably be more appealing. In Canada, this will most likely mean using trains, the subway or buses.
A short, single bus journey can cost anywhere between CAD 2.50 and CAD 3.50. A ride on the train or subway costs slightly more, usually starting at CAD 3.00. Taxis are also an option, but they are expensive and not ideal for a tight budget.
Many cities offer various travelcard options to make multiple journeys cheaper. For example, Vancouver offers a day pass that covers several forms of public transport for CAD 11.95.
Some cities also have pay-as-you-go cards, which deduct credit from an overall balance. These include Toronto, Hamilton and Ottawa’s PRESTO card, which also offers discounts.
It's worth knowing that some universities' tuition fees include free transport within their city. Even if this doesn't apply to you, you should be entitled to some student discounts.
Entertainment
Budgeting for entertainment is more important than you might think. As a student, you'll want to have fun and take part in things. Even if it's just going for coffee with a friend, socialising is essential to the university experience.
Of course, it doesn't have to cost a lot. There are plenty of free things to do in Canada if you know where to look. Many cities are full of beautiful parks and gardens, and if you're on the coast, there's nothing better than a stroll by the ocean.
Another option in most cities is signing up to taster sessions of a new skill or activity – such as yoga or cookery – for free. This is a great way of deciding if you like something before you commit to it.
Some average costs for entertainment in Canada include:
- Pint of beer: CAD 7
- Cinema ticket: CAD 12.50
- Concert ticket: CAD 150
- Restaurant meal for two: CAD 80
Connectivity
Staying connected with friends and family back home is often a top priority for international students. For this, internet and a phone with a good amount of data are essential. University residences usually cover broadband in their rent, but in private accommodation you'll need to pay for it separately.
The average cost of broadband internet for a household in Canada is around CAD 85 per month. If you share with other students, you can expect to only pay a portion of this amount.
Getting a SIM card with plenty of data, meanwhile, may be preferable to paying costly international phone rates when you want to call home. Expect to budget from CAD 40 to CAD 80 per month for a good SIM-only plan.
Miscellaneous and hidden costs
It's really important to arrange an emergency budget for unexpected costs when you're living abroad. But there are also one-off or occasional costs for which you can prepare.
As with anywhere, you'll need to consider clothing, but in Canada you should give real thought to what you will wear in winter. This will be essential to your stay, and can be quite expensive. You should also consider whether you'll need to buy any additional household goods for those famously cold months.
When it comes to your course, you should be able to find many of your reading materials in the university library or online. However, you'll still need to budget for textbooks, stationery and any course equipment you might need.
You'll also want to consider costs associated with your arrival, such as your study permit and medical cover. Our articles on student health insurance and applying for a student visa in Canada offer insight into what to expect.
Try not to get too stressed over the cost of living in Canada. Just remember to keep an eye open for student discounts. Plus, if finances are a real concern, you can always take on a part-time job to help fund yourself. Our guide to international student work rights in Canada may help with this.
Disclaimer: All figures in this article are indicative and correct at the time of writing. Since the economy can be subject to rapid, unexpected changes at any time, we always recommend you do your own research before booking any travel.
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