Canada, a country in Northern America, is highly diversified, having the second-largest land area in the world. It is among the top countries in healthcare systems, education, economic freedom, and civil liberties. Living in Canada is relatively inexpensive but not too cheap as well. After moving to Canada, what all could be your expenses in all aspects would be determined once you understand your expense structure.
Housing costs
- One-bedroom apartment rent cost – $800-$1900
- Two-bedroom apartment rent cost – $1000-$2500.
- Three-bedroom apartment rent cost – $1100-$3500.
- Condo Apartments cost, on average – $2000 while
- Single-family homes cost an average – of $2200.
Grocery cost
The groceries include fruits, vegetables, meat, and dairy products. The average cost of Groceries for a small family would be $650.
Public transport and parking costs
If you want to be a permanent resident of Canada or be there for a long time, you must be familiar with public transport, be it buses, metro, or ferries. The monthly pass system in all these government public vehicles would cost around $100, depending on the cities. The parking fee for private vehicles costs around $4-$5 per hour.
Phone and internet charges
Canada’s cell phone companies offer a wide range of calling and net pack options. You would get unlimited calls and texts along with high-speed internet data costing an average of $60.
Electricity
The average cost of electricity for 1000kw/h comes to around $170.
Entertainment
Going out with friends and family for dinner, a party or movies may cost $200 on average.
The cost of living may again vary from person to person, depending on their choices. It might help you to know how much each category can cost you to live a decent lifestyle in Canada.
