Canada is one of the most popular international study destinations that offer a wide range of experiences and possibilities. It is also recognized for its ethnic towns, picturesque surroundings, dynamic city ambience, and natural beauty.

Canadian universities are known for offering a wide range of courses with minimum tuition fees. Moreover, the country has a decent cost of living as compared to other developed countries. Toronto, the capital city of Canada, offers many internationally-recognized schools with a high-quality education. It accounts for a large part of the population of international students.

The Canadian Bureau for International Education conducted a survey in 2018 which showed that 78% of the people consider Canada as being safe for students, 79% thought that Canada has a Non-discriminatory society and 82% had a favourable opinion about the education system.

All this makes Canada one of the desired study destinations for most international students. However, there are several challenges that international students face when studying abroad. One of them is finance. Hence, before you plan your studies in Canada, it is essential to determine the living costs in Canada for international students. This article highlights the major expenses you will incur, along with tips on how to reduce expenditures for a good living.

For International Students What Is The Cost Of Living

1. Housing

The rent for accommodation varies from $1000 to $4000 per month, depending on the house and the location you are renting. Also, housing costs increase with the amenities like private units, appliances like washing machines, dishwashers; proximity to public transportation, etc. To reduce the cost, you can share the house with your friends. You can even opt for more economical housing facilities in the suburbs.

2. Electricity

The cost of electricity comes with $50+ per month. Basic delivery costs usually range from $50 to $100 per month, depending on how much electricity you use. Running an air conditioner or electric heater and large appliances like a dishwasher or washing machine can increase the cost further.

3. Internet/ Phone Bill

Internet usually can cost you $50 – $100/month. Usually, the telecommunication providers often have discounts for students. You need to make sure to know all details before opting for it. Canadian cell phone plans are expensive, but there are some affordable mobile service provider options in major areas like the Greater Toronto Area.

4. Tenant’s insurance

The tenant’s insurance is required, around $15 – $30/month. When you damage your unit by accident or if someone gets injured at your home, the insurance can cover your liability. You can also replace your possessions if lost, stolen, or damaged with contents insurance.

5. Food & grocery

Depending on your personal needs, the amount of food in your grocery basket may differ. The grocery store selection varies from area to area, with some being more affordable than others.

Tip: Try to get a meal plan from campus vendors.

6. Transportation

Transportation costs can add up if you have to use it daily. Depending upon your class schedule, you may need to use the transportation even twice a day. So make sure you live within a walkable distance from your college.

As with any country, the accommodation cost is one of the biggest expenses that international students face when studying in Canada. Let us have a closer look on how to find affordable accommodation.

Accommodation Options In Canada

Canada’s universities can provide a variety of on and off-campus accommodation options. But these are not your only option. You can find an accommodation by yourself too. The accommodation option depends upon the budget, expectations, and other aspects.

1. Dormitories

Students can stay in dormitories, which are essentially similar to a college hostel. University offers residence for students within campus or nearby to campus. They have common areas for entertainment, bathroom, cooking, and other services. Students are assigned to one or two rooms and are supervised by the campus’s management. Students’ cost of living is reduced when they stay in Dormitories.

2. Shared Apartments

Off-campus shared apartments provide students with a single/shared room with a living space and kitchen. Usually, you can share the apartment with two or more flatmates.

3. Homestay

Homestay means living with a host family which can feel like living in your own house. It can be your home away from home! Usually, host families offer single-occupancy rooms and provide basic amenities like internet access. Homestays are an affordable option for international students in Canada. Some host families even offer one to three meals along with accommodation. Homestays can be the best options for international students, especially for those who are concerned about security.

4. Apartments on rent

You can find a temporary rental apartment in Canada. However, rented apartments can be a little expensive since you may need to opt for a furnished place. Hence, before renting, make sure to read the reviews of each rental and check the guest reviews. The cost of living in Canada for students can be a little expensive when you’re opting for furnished rental apartments.

Regardless of whichever accommodation options you choose, make sure it is a comfortable and safe place for you. You can easily find multiple options that match your criteria with Rentospace. They offer quality student accommodation within your budget. Now find good and affordable student accommodation with just a click!


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