The cost of living in Canada depends on the city or region. It is considered high in major urban centers as compared to smaller towns.
Different factors, such as housing, education, groceries, healthcare, etc., contribute to the high cost of living.
Here's a breakdown of the necessary expenses in Canada, which usually differ according to the city, province, or territory.
Housing Rent: In urban cities, the rent for a house ranges from CAD 1,800 to CAD 2,500, and in smaller cities, it is from CAD 800 to CAD 1,500.
Home prices in major cities often exceed CAD 1 million, whereas average home prices range from CAD 300,000 to CAD 700,000 in smaller cities.
Transportation: A transit pass costs approximately CAD 100 to CAD 150 per month for public transportation.
Education: Depending on the program and institution, tuition fees for international students range between CAD 15,000 and CAD 30,000 per year.
Although basic healthcare is covered by provincial insurance, private insurance to cover additional service expenses may still be needed.
Groceries: Usually, monthly grocery costs for a single person can cost from CAD 200 to CAD 400, depending on location and shopping habits.
Entertainment: Dining out, movies and other activities add to entertainment expenses, generally ranging from CAD 100 to CAD 300.