#COMMON MONTHLY EXPENSES FREE#

Like most developed and intelligent countries, students in Canada enjoy free public schooling up to the age of 18. John's, where the rent for a 2-bedroom apartment is as low as $900. The cheapest city in Canada in terms of rent is St. Rent has increased by 2.2% and now stands at $3,000 and $3,180 respectively for a 2-bedroom house.Ĭities like Halifax and Abbotsford have 2 bedroom rents hovering around $1300. Toronto and Vancouver are the most expensive cities in the whole country. The cost of a 3 bedroom apartment downtown is $2,170 and out of town $1,820. The cost of a one-bedroom apartment downtown is $1,335 and out of town $1,120. So, before making your Canada plan, make sure you have the financial backing. The average monthly net salary is $3,400 after tax deductions. However, this is not even close to what the average person in Canada earns.

They think it is more than enough to provide them with a comfortable life. With all the saving and investment aspect, you need to calculate your business money before writing a life plan in Canada.īefore moving to country, the most noticeable question is 'What is the least amount of cost of living in Canada?' Most people in Canada live on $250,000 a year, excluding taxes. Household expenses alone represent about 50% of your salary. The cost of living in Canada can be a bit higher than expected. The cost of living index in cities across Canada ranges from 65 to 80, which is slightly better than the world average. With this in mind, it is safe to say that the cost of living in The cost of living in Canada is almost 192% higher than in India, while the rent in Canada is 514% higher. The average cost of living in Canada is:įor a single person per month, excluding rent, it's $1,245.įor a single student per month, excluding rent, it's $880.įor a family of two per month, excluding rent, it's almost $2,500.įor a family of 4 per month, excluding rent, it's nearly $5,000.įor students, personal residences can cost around $625 per month, while on-campus housing can cost around $800 per month. It is usually between 2 and 4 since most families in Canada are nuclear families. The average cost of living in Canada for a family depends on the number of people in your family. You can find some cities in Canada with low cost of living and similar facilities. However, when you consider the context of the country and the window of ease it has for its citizens and foreigners, you will realize that the cost of living is not overpriced. Because someone who superficially assesses the cost of living based only on numbers would say that is too much. Because of this, the cost of living in Canada may shock you a bit. Canada is immigrant-friendly, extremely well-developed and offers amazing facilities for its citizens. Cost Of Living in Canada for Families and Studentsįoreigners interested in studying in Canada or moving to Canada with their family often seek accurate information on the cost of living in Canada.

Common monthly expenses