Cost of Living in Canada for Indian Students – Rent, Fees Etc.

Cost of Living in Canada

Canada offers unlimited opportunities and potential with its fast-growing economy and top-quality standard of living. The country creates thousands of jobs every year, which decreases its poverty rate and aids its economy even more. Healthcare in Canada is a fundamental right. The quality of health is the best in the world because access to medical treatment is so quick and seamless.

The education system in Canada is superior to that most of the countries in the world. It spends more on education than any other nation, and this is one of the reasons that make Canada unique and different. The schools, colleges, and universities are vastly known and reputed all around the world. Being one of the most educated countries globally, Canada is known for its distinctive curriculum and the quality of education which is beyond perfect. No education system even stands too close to that of Canada. And hence, the cost of living in Canada for international students is justified, looking at the returns they get.

With its unique culture, scenic beauty, extraordinary wildlife, excellent medical and healthcare facilities, best colleges and universities, Canada is rightfully the best country in the world for living. No wonder so many people migrate to Canada every single year. Everything about Canada is perfect and promising. This country is worth all the praise associated with it. 

Read More: Guide on Provincial Nominee Program Canada

Cost of Living in Canada for Families and Students

Foreign people interested in studying in Canada or relocating to Canada with their families are often seeking accurate information on cost of living in Canada. Canada is immigrant-friendly, it is extremely well developed offering extraordinary facilities to its citizens. Owing to this, the cost of living in Canada can shock you a little. For somebody who would superficially assess the living costs based on just figures would say they are too much. However, when you consider the background of the country and the facility window that it has for its citizens and foreigners, you will realize that the living costs are not overrated.  You can find some cities in Canada with low costs of living and similar facilities.

The average cost of living in Canada for a family depends upon the number of people in your family. It is usually between 2 to 4 since most families in Canada are nuclear families. The average cost of living in Canada is: 

1) For a single person per month, excluding rent, it is $1,245.  

2) For a single student per month, excluding rent, it is $880. 

3) For a two-person family per month, excluding rent, it is almost $2,500. 

4) For a 4-person family per month, excluding rent, it is almost $5,000. 

5) For students, personal residences can cost about $625 per month, while on-campus accommodations can cost about $800 per month.  

Canada SA

Average Housing Rent in Canada 

The cost of living in Canada is almost 192% higher than living in India, while the rent in Canada is 514% higher. With this in mind, it can safely be said that the cost of living in Canada for Indian students is fairly high.

The cost-of-living index in the cities of Canada varies from 65 to 80, which is slightly better than the global average. The cost of living in Canada can be a little higher than what you expected it to be. The household expenses alone take about 50% of your salary. With the whole saving and investing aspect, you have to calculate your money business before drafting a living plan in Canada. 

Before moving to Canada, the most obvious question is ‚ÄúWhat is the minimum cost of living in Canada?‚ÄĚ Most people in Canada live off $250,000 per year that is excluding taxes. They think it is more than enough to sustain a comfortable life for them. However, that is not even close to what an average person in Canada earns. The average monthly net salary is after tax deductions are $3,400. So, before making your Canada plan, make sure you have the financial support.¬†¬†

1) The cost of a 1-bedroom apartment in the city center is $1,335 and, for outside the city, is $1,120.  

2) The cost of a 3-bedroom apartment in the city center is $2,170 and, for outside the city, is $1,820. 

3) Toronto and Vancouver are the most expensive cities in the whole country. The rent grew by 2.2% and now stands at $3,000 and $3,180 respectively for a 2-bedroom house. 

4) Cities like Halifax and Abbotsford have a 2-bedroom rent swinging around $1300. 

5) The cheapest city in Canada in terms of rent is St. John’s, where the rent for a 2-bedroom flat is as little as $900. 

Important Resources About Canada to Read:

University Tuition Fees in Canada 

Like most developed and smart countries, students in Canada enjoy free public school up to 18. The cost of education in Canada is comparatively less than that in the USA. That said, the quality of education is equally remarkable and practical, if not better. College hunting can be a tedious task, and to make sure you land the college best suited for your course, you can use upGrad. It sorts out your educational preferences for you, so you have the best affordable college options available for you. 

The average cost of a single year for a four-year graduate program in Canada is $22,750 for students with college residence and $11,330 for students living at home.

For more expensive universities, the same fee can be as much as $135,000 and $65,000, respectively.  

Tuition costs for popular undergraduate courses in different fields can be up to: 

1) Business: $56,000 

2) Computer and IT: $55,000 

3) Engineering and technology: $55,000 

4) Social and natural sciences: $53,000 to $56,000 

5) Tuition costs for popular postgraduate courses in different fields can be up to: 

6) Business: $52,700 

7) Computer and IT: $52,500 

8) Engineering and technology: $52,500 

9) Social and natural sciences: $37,000 to $58,300 

It helps you calculate what kind of university you want to study in India and if or not you have the budget. Some of the best and most affordable universities in Canada are:  

1) Memorial University of Newfoundland ($11,460 per year) 

2) University of Regina ($20,050 per year) 

3) Athabasca University ($17,250 per year) 

4) Royal Roads University ( $27,500 per year) 

5) Humber college ( $29,500 per year) 

5) Thompson River University ( $35,650 per year) 

Canadians like to ride or drive to work. In major Canadian cities, people prefer to use public transport, being aware of the effects of pollution and climate crisis. They are affordable in Canada, which is why more people are switching to them. In local transport, a one-way ticket costs $3.25 while the cost of a monthly transport pass is $92. A car costs $24,000 and can go unbelievably high depending upon the model and features.  

Read More: How to Get Canada PR from India?

Food Costs in Canada & Cost of Some Basic Everyday Items

The average cost for food in Canada is around $300, including groceries and shopping from the supermarkets. Walmart is peppered all across Canada and is the cheapest option for grocery shopping.     

As far as eating outside in a restaurant is considered, a three-course meal costs around $65, and if you eat alone, the bill would be around $25. 

 With the progressive government, a complementary geographic location, and an image of being a kind, empathetic country, it is not unbelievable why so many people want to move to Canada. From the availability of the best tech facilities to everyday essentials, Canada is not behind on anything. Contrary to the countries hit by the wave of poverty and repressiveness where they cannot provide their citizens with even the everyday fundamental requisites, Canada shows what proper drafting and implementation can do.   

1) A meal in an inexpensive restaurant can range between $18 and $75, depending upon the number of people.

2) Domestic beer costs between $6 to $8. 

3) The price of 1.5 L of water is close to $1.6. 

4) Things like egg, rice, bread, and milk cost between $2.5 to $4. 

5) Vegetables and fruits like apples, bananas, oranges, tomatoes, and onions range between $1.5 to $5.  

6) A mid-range bottle of wine costs $15.  

Average Utilities Cost and Bills 

The average clothing for both men and women ranges between $45 to s$130 if you shop from premium brands. For an average-sized apartment with either one or two rooms, the cost for cooling, electricity, garbage, etc., is around $168 per month. That of the internet with a speed of 60mbps or above is almost $80 per month.  

For entertainment purposes and joining fitness clubs, you have to put aside another $150 per month.  

Read More: Canada vs Australia – Which is better for students

Tips to Save Money in Canada 

When you are in a foreign country as an earning individual, it is essential to keep in mind that savings will always get you through. Some people spend all of their money on things like shopping and entertainment, and while that is a good thing, doing what you love, it is important not to dedicate your entire paycheck to other stuff and not saving anything. Here are a few steps that can help you save money in Canada:  

1) One of the starting steps you should take is to pay yourself. Most people settle their bills and buy things as soon as they receive their paycheck, thinking they would save later. The ‘later’ never comes, and their savings are gone. To avoid this, pay yourself first. Keep some amount out for yourself right at the beginning that you can save for future use. It could be 25% or your salary of 80%- whatever you can afford to put aside. It does not mean cutting short on your luxuries. It only means safeguarding your future since things do not always remain the same.¬†

2) Make a spending plan for yourself. Allocate the amount that you want to spend on clothing, grocery, entertainment, and so on. Restrict yourself from going beyond. Stick to the plan. When you formulate how you want to spend your money, you automatically keep in mind the factor of saving money. Your idea revolves around fulfilling your saving requirements, which is a clever way to save your money. 

3) An unused savings account. Yes, you read it right. Open a bank account and only put your saved money into it, and do not use it. Put your money in it and forget that it even exists. Go about your life. Also, do it at the beginning of the month because, at that time, you have a better chance at saving. Prioritize saving instead of putting in crumbs that are leftover at the end of your month. This bank account is your safe door. Even in the future, when you are in urgent need of money, you will not be vulnerable. You have your savings to fall back on. Saving is an initial part of being in your 20s and continuously afterward till you keep earning. Make sure you do it right.  

4) Cut out on some things sometimes. You do not have to buy new jeans every month. If you have purchased one in January, buy the next in April or so. It is a necessary clause for college students since they usually get carried away by their classmates. Do not fall into the whole “showing off” trap. Use your money for things that you need more than the things you want, at least sometimes. Cut out on stuff that you can easily thrive without for four months, but you buy every month.

More Resources to Read About Canada:

Accommodation Cost for International Students in Canada

There is on-campus accommodation available for international students in Canadian universities. Most students who shift to Canada opt for the on-campus accommodation facility. Students can check whether the on-campus accommodation fulfills all their needs or not. Some common factors of on-campus accommodation include sharing a laundry room, common dining area, and recreational facilities. These factors need to be determined to evaluate the cost of living in Canada for international students.

Considering the rent is one of the major things to keep in mind before opting for on-campus accommodation. The average living cost in Canada is between CA$ 8,000 to CA$ 10,000 annually. The rent of off-campus accommodation is comparatively higher than on-campus. But accommodation, when shared, is less expensive. A minimum of CA$ 400 is required to live comfortably in Canada every month. Let us look at the cost of living in Canada for international students:

Type of Accommodation Average Cost
On-campus  (annually) CA$ 8,000 to CA$ 10,000 

(annually INR 8,02,800.47 to 10,03,500.59)

Shared accommodation Off-campus CA$ 400 to CA$ 700 every month

(INR 40,140.02 to 70,245.04 every month)

1 BHK in City Centre CA$ 1,332 (INR 1,33,666.28) every month 
1 BHK Outside of Centre CA$ 1,123 (INR 1,12,693.12) every month

Recommended Reads:

Affordable Cities in Canada for International Students

One of the most important things to consider regarding finance is the rate of exchange. The total amount of money that needs to be paid when converted to Canadian dollars is an important factor. Your home currency should be converted to Canadian dollars to better understand the expenditure regularly. Most money exchange services and banks tend to markup the rate to increase the exchange profit. One must remember to check the most affordable and most expensive city to determine the living expenses in Canada for international students.

List of most expensive cities:

City Average Living Cost Per Month (INR)
Toronto Rs. 71,888 except rent
Ottawa Rs. 67,310 except rent
Vancouver Rs. 66,277 except rent
Victoria Rs. 65,357 except rent
Montreal Rs. 62,148 except rent

List of most Affordable cities:

City Average Living Cost Per Month (INR)
St.Catharines Rs. 61,852 except rent
Abbotsford, British Columbia Rs. 57,124 except rent
Moncton Rs. 58,206 except rent
Laval Rs. 55,157 except rent
Sherbrooke Rs. 51,099 except rent

Frequently Asked Questions

How should you manage living expenses in Canada?

Once you are done with enrolment in a Canadian institution, students can easily choose to begin their part-time job and study simultaneously. The cost of living in Canada for students can be managed by part-time jobs for both on-campus and off-campus people. You cannot work for more than 20 hours a week. Students can also work for an extended period during holidays or vacations. They can also apply for scholarships as per their performance in their present educational institutions.

What is the cost of living in Canada?

It is an obvious fact that studying abroad costs way more than staying back in the homeland. International students need to make a comparative study of Canada’s cost of living to better understand the total expense. Let us look at the cost of living for students in Canada in comparison to different countries:

Country Accommodation Expense
Canada On-campus cost ‚Äď from Rs. 4,75,007 to Rs. 5,93,759 annually
Shared Off-campus‚Äď from Rs. 23,750 to Rs. 41,563 every month

How much does education cost in Canada?

The education cost in Canada depends on the course, university, and tuition fee. Every year, universities revise their tuition fees for both undergraduate and undergraduate international students. Students must confirm the tuition fees before applying to a university. Let us look at the average education cost of different courses in Canada:

Discipline UG Course Average Fee (Per Year) PG Course Average Fee (Per Year)
Pharmacy CA$ 32,886
(INR 33,0,0112.03)
CA$ 10,500
(INR 10,53,675.62)
Medicine CA$ 33,000
(INR 33,11,551.93)
Not Available
Architecture and Related Technologies CA$ 22,100
(INR 22,17,736.30)
CA$ 20,000
(INR 20,07,001.17)
Engineering CA$ 26,582
(INR 26,67,505.26)
CA$ 15,800
(INR 1,58,5,530.93)
Nursing CA$ 18,000
(INR 18,06,301.05)
CA$ 12,000
(INR 12,04,200.70)
Mathematics and Computer Science CA$ 25,000
(INR 25,08,751.46)
CA$ 13,000
(INR 13,04,550.76)
Law CA$ 27,056
(INR 27,15,071.19)
CA$ 16,549
(INR 16,60,693.12)
Business Management CA$ 23,500
(INR 23,58,226.38)
CA$ 20,000
(INR 20,07,001.17)

How much money do you need to live comfortably in Canada?

Every individual has a different standard of living when it comes to comfort. Most Canadians enjoy a comfortable life at C$250,000 (INR 2,50,87,514.65) annually. Overall, the cost of living in Canada is comparatively high and people who are planning to shift here must keep in my mind how will they manage to finance themselves.

How is living in Canada different than the other countries?

International students must make a thorough comparative study before choosing a country to study in. Every destination has a different cost of accommodation, education, etc. Let us have a look at the accommodation cost of different countries for international students:

Country Accommodation Cost
Canada On-campus – Rs. 4,75,007 to Rs. 5,93,759 annually
Shared Off-campus – Rs. 23,750 to Rs. 41,563 every month
UK On campus- Rs. 41,120 – Rs. 61,681 every month
Off-campus – Rs. 61,694 – 2,05,648 every month
USA On-campus- Rs. 7,27,559-8,24,072 annually
Shared Off-campus- Rs. 33,408 every month
UAE On campus: Rs. 51,025 annually
Off-campus- Rs. 63,640- Rs. 1,74,850 every month
Germany Rs. 25,000 – Rs. 60,000 every month
Australia On-campus- Rs. 5,488 – Rs. 13,970 every month
Off-campus- Rs. 4,500 – Rs. 21,953 every month

What are the average monthly expenses for a single person in Canada?

The living cost in Canada varies from one city to another. However, the national average living cost for one person is estimated at $2,730 (INR 2,73,955.66) every month.

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