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The Cost of Living in Ontario, Canada

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A lot of new immigrants and students who wish to study or live in Canada wonder “what’s the cost of living in Ontario?

Most students from all over the globe prefer to study in top tier countries outside of their parent country. This is mostly as a result of wanting improved standard of living, lower tuition fees or for a conducive and enabling learning environment.

It’s a dream come true for a lot of international students to study in top tier countries. Canada with its developed economy, diversify culture, and open arm to immigrants is a popular destination for international students.

Is the Cost of Living in Ontario High?

The province of Ontario have lots of universities and colleges for international students to choose from which makes the cost of living in the province varies. The province of Ontario have various cities with each cities having various universities and colleges for international students. As an applicant seeking to study in the province, you can choose from a wide range of university that best suits your budget.

Expenses for International Students in Ontario

Highlighted below are some of the expenses for international students studying in the province of Ontario.

  • Accommodation Costs: We divide into two which are; short term stay and long term stay
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For Short Term Stay

Accommodation Type Price Range/Night in CAD
Hotels 90 – 120
Bed and Breakfast Stay 60 – 140
Hostel 30 – 90

For Long Term Stay

Accommodation Type Price Range in CAD
Homestay 700 – 1200 per month
Residence / Dormitory 3,000 – 8,0000 per year
Rented Apartment 600 – 2,000 per month

 

  • Food Expenses: We provide rough estimate of household consumption in three famous cities in Ontario
Estimates Rate (CAD)
Food and non-alcoholic drinks 10,000 per month
Alcoholic drinks 2,000 per month
Grocery 100 per kg
Milk 2.5 per liter
Water 0.5 per bottle
  • Transportation Expenses: We compare different mode of transportation in Ontario
Mode of Transport Charges (CAD)
Personal Vehicle 9,000 – 13,500 per year
PRESTO 4.00
Tokens and Tickets 10.00
Downtown Express 43.00 monthly or 3.25 daily
Monthly Metro pass 150
Weekly pass 44
  • Healthcare Charges in Ontario: Before you can enroll in a designated learning institution in Canada, you need to obtain medical insurance certificates. You can either do this before moving into the country or immediately after landing in the country.
  • Student Expenses: Since Ontario is the home to the most expensive cities in Canada, it’s is one of the expensive city to live in for immigrants and students. This in turn makes the cost of tuition quite expensive for international students. Other expenses apart from tuition fees include textbooks, entertainments, and other miscellaneous items.
READ ALSO:  The Cost of Living in British Columbia, Canada

No doubt, the province of Ontario has the most expensive cities in Canada hence the reason for the higher cost of living in the province but nonetheless, as expensive as it is, it is equally more affordable than most other top tier countries of the world.

 

 

 

Now that you know the cost of living in Ontario, are you thinking of moving and need a little help? Contact us for guidance

 

 

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