Cost of Living for Students in Canada

Canada is a popular study destination, but understanding the cost of living is crucial for budgeting effectively. From housing to daily expenses, here’s what students need to know.

Major Expenses

1. Accommodation
   • On-campus: CAD 6,000–10,000 per year.
   • Off-campus: CAD 800–1,500 per month for shared apartments.
2. Food
   • Monthly groceries: CAD 200–400.
   • Dining out: CAD 10–20 per meal.
3. Transportation
   • Public transit passes: CAD 80–120 per month (discounted for students).
   • Biking or walking can reduce costs.
4. Utilities and Internet
   • Utilities: CAD 100–150 per month (off-campus).
   • Internet: CAD 50–100 per month.
5. Miscellaneous Expenses
   • Entertainment, clothing, and personal care: CAD 100–200 per month.

Tips to Save Money

• Use student discounts for transit, entertainment, and shopping.
• Cook at home to reduce food expenses.
• Share accommodation and utilities with roommates.

Conclusion

Understanding the cost of living helps students plan and manage finances effectively. With smart budgeting, life in Canada can be both enjoyable and affordable.