Among all the countries Canada has been recognized as the most popular destination for international students in the professional and personal areas. Many of the students are not aware of this fact but it is the truth. However, there is a lot of work opportunities too for students studying from the Canadian universities. A recent survey found that many Indian students are thinking of studying and living in Canada. Thus, in this blog, we will discuss in detail the cost of living in Canada for the year 2024-25. So let’s get started with the blog.
Table of Contents
Several candidates enrolled in Canadian universities to study or work because of reasonable standard of living. As per the research, the average cost of living in Canada for Indian students ranges from CAD 15,000 to CAD 20,000 per year (INR 9.26 lakh to INR 12.34 lakh) depending on the student’s way of living and choices. However, the living cost in Canada for a single student is CAD 880 (INR 54,330) per month, without rent. In our next section, we will talk about the average living expenses in Canada for Indian students.
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Call NowAlso Read: Canada Intakes for 2024-25
Living expenses in Canada include major factors such as accommodation costs, travel & food, clothing, and other utilities. Thus, students should keep their money aside and avoid other expenses. Moreover, in this section of our blog, we will have a look at the yearly living expenses in Canada percentage-wise. Let’s grab a look at the table.
| Factors | Yearly Living Expenses (In percentage) |
|---|---|
| Rent Per Month | 31.3% |
| Restaurants | 14% |
| Transportation | 9.1% |
| Clothing and Shoes | 2% |
| Sports & Leisure | 4.4% |
| Markets | 31.4% |
| Utilities (Monthly) | 7.8% |
Overall, these are the yearly living expenses in Canada based on the given factors. Now in our next section, we will look into the monthly cost of living in Canada for Indian students.
In the above section, we discussed the yearly expenses in Canada due the various factors. Further, we’ll talk about the monthly cost of living in Canada for Indian students. Let’s have a look at the table.
| Types of Expenses | Cost (CAD) |
|---|---|
| Accommodation (Shared apartments) | CAD 400- CAD 800 |
| Food | CAD 200- CAD 300 |
| Travel | CAD 80- CAD 110 |
| Entertainment | CAD 150- CAD 200 |
| Other Utilities (Electricity, Cooling, Water, Heating, Garbage) | CAD 164.64- CAD 389 |
| Internet (60 Mbps or more) | CAD 75.38 |
| Health Insurance (BC MSP Program) | CAD 75 |
In addition, the monthly expenses in Canada with rent are estimated to be $1708 per month per person and $3911 for a family of four. Our next section talks about the living cost in Canada for students according to the rent.
Must Read: Colleges in Toronto
Canada has always been recognised as the best country to study in the world because of its rich culture, best universities, affordable budget and excellent career opportunities. The Canada’s living expenses are much more higher than the expected. Thus, in this section we will talk about the cost of living in Canada for Indian students with or without rent. Let’s have a look.
In addition, many students have questions in their mind is Canada cheaper than India? No, the average cost of living in Canada is 197.8% higher than in India. The next section of the blog covers the education cost in Canada for Indian students.
By studying in Canada students receive high-quality education and recognized degree options. However, the education cost in Canada varies on different factors. It includes the course you choose, the university you enrol in, and the tuition fees. Thus, if you are thinking to study in Canada then know about the fees for both undergraduate and postgraduate courses in the various streams.
| Stream | UG Course Average Fee Per Year |
|---|---|
| Medicine | CAD 33,000 INR 20,37,390 |
| Pharmacy | CAD 32,886 INR 20,30,352 |
| Engineering | CAD 26,582 INR 16,41,148 |
| Architecture & Related Technologies | CAD 22,100 INR 13,64,434 |
| Nursing | CAD 18,000 INR 11,11,303 |
| Business Management | CAD 23,500 INR 14,50,868 |
| Stream | PG Course Average Fee Per Year |
|---|---|
| Finance | CAD 88,000 INR 54,33,040 |
| Legal Studies | CAD 47,000 INR 29,01,737 |
| Journalism | CAD 30,000 INR 18,52,173 |
| Marketing | CAD 90,000 INR 55,56,519 |
| Human Resources | CAD 45,000 INR 27,78,259 |
| Project Management | CAD 44,000 INR 27,16,520 |
These are the average fees for different courses in both the categories of undergraduate and postgraduate. Now let’s discuss in the next section the tuition fees of some of the Canadian universities.
Explore the Best Courses to Study in Canada
Suggested Read: Top Courses in Demand in Canada
The below given table provides you with a glimpse of tuition costs in Canadian Universities. Have a look for a better understanding.
| University Name | Tuition Fees |
|---|---|
| University of Toronto | CAD 6,590 to CAD 45,690 per year |
| Memorial University of Newfoundland | CAD 11,460 per annum |
| Humber College | CAD 29,500 per year |
| University of Regina | CAD 20,050 per year |
| Royal Roads University | CAD 27,500 per year |
| Thompson River University | CAD 35,650 per year |
| York University | CAD 7,153 to CAD 38,826 per year |
Overall, these are the average tuition fees for some of the Canadian universities where you can study. In our next section, you will find out about the money that is required for living in Canada based on accommodation type and city.
The cost of living in Canada also depends on the type of accommodation you use and in which city you are staying. However, the accommodation cost differs between living on-campus and off-campus. Thus, in this section, you will find out the Canadian price for living based on accommodation and city. Let’s look below at both parts for a better understanding.
| Accommodation Type | Average Cost |
|---|---|
| On- Campus | CAD 8,000- CAD10,000 (INR 5 lakhs- 6 lakhs) Annually |
| Off-Campus (Shared Accommodation) | CAD 400- CAD 700 (INR 24,000- 43,000) Monthly |
| 1 BHK in City Center | CAD 1,332 (INR 82,382) Monthly |
| 1 BHK outside the City Center | CAD 1,123 (INR 69,455) Monthly |
| 3 Bedrooms Apartment Within the City Center | CAD 2,718 (INR 1,68,103) |
| 3 Bedrooms Apartment Outside of the City Center | CAD 2,363 (INR 1,46,147) |
| City Name | Average Two-Bedroom Rent/Monthly |
|---|---|
| Toronto, Ontario | CAD 3,225 INR 1,99,456 |
| Ottawa, Ontario | CAD 2,552 INR 1,57,833 |
| Calgary, Alberta | CAD 1,700 INR 1,05,139 |
| Victoria, British Columbia | CAD 2,670 INR 1,65,131 |
| Edmonton, Alberta | CAD 1,270 INR 78,545 |
| Montreal, Quebec | CAD $2,345 INR 1,45,031 |
| Vancouver, British Columbia | CAD 3,996 INR 2,47,140 |
| Niagara Falls, Ontario | CAD 2,086 INR 1,29,012 |
Overall, we discussed the price of the type of accommodation and the city-wise rentals in Canada. Now our last section covers some tips that will help you cover your expenses while studying in Canada.
Find the Best Accommodation to Study in Canada
Many Indian students have questions in their mind is Canada expensive for them? To answer, yes it is. Thus, managing your expenses while studying in Canada is important. In addition, below are some tips that will help students to save their money in Canada.
1. Featured Scholarships: The government of Canada and other organisations offer several scholarships to Indian students. Thus, to apply for the scholarship you must visit the official website of the university. Through this method, students can save their money.
2. Avail Student Discounts: Canada is a student-centred country that offers enormous discounts on travel/public transport, groceries, shopping, and mobile phones. Thus, you can use this student discount card as soon as you reach Canada.
3. Part-Time Work Opportunities: Students can also look for part-time job opportunities while studying in Canada. Through this, they can save their money and can also explore opportunities.
4. Usage of Public Transport: While studying in Canada students can commute through public transport instead of using Uber or cars. Also, they can check if any discount is available on it or not.
Also Read: GIC Canada for Indian Students
To conclude, we discussed the cost of living in Canada for Indian students for the year 2024-25. Further, we also had a look at the monthly expenses in Canada, education costs, city-wise costs, and much more. By being aware of all the costs and expenses Indian students can have a remarkable experience in Canada. However, if you are still facing any doubt regarding the cost or anything in Canada then you have landed on the right page! Get in touch with our study abroad consultants in Trivandrum and complete your journey to study in Canada.
FAQs
1. What is the cost of living in Canada in Indian rupees?
The cost of living in Canada for Indian students ranges from nearly INR 12 lakhs to 15 lakhs per annum on average that is based on the current exchange rate as of July 2024
2. What is the cost of living in Canada for a single person?
The average living cost in Canada for a single person is around CAD 45,000 per year while the couples would require at least CAD 50,000. It is also seen that several families in Canada spend between CAD 55,000 to CAD 65,000 on living expenses every year.
3. Is Canada costly for education?
The tuition fees depend on the program and the university you choose. On average in Canada, the tuition costs range around: CAD 36, 100 per year for undergraduate students and CAD 21,100 per year for graduate students.
4. Can I get a job in Canada after completing a one-year course?
To work in Canada, after becoming a graduate, you will need a work permit. Graduates from designated learning colleges are eligible for the post-graduation work permit (PGWP). If you don’t fulfil the eligibility criteria for PGWP, then you may need to be able to work in Canada.
5. Can I get a PR in one year in Canada?
Yes, you can apply for a Canadian PR after completing one year of study, as there the immigration programs that track the process and enable the express entry system.
6. Which are the courses that pay the most in Canada?
Some of the courses that lead to the highest-paying jobs in Canada are:
1. Surgeons
2. Dentists
3. IT Manager
4. Marketing Manager
5. Pilot
6. Lawyer
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