Costs of Living in Canada
Canada offers a high quality of life, with a range of cities and communities to suit different lifestyles and budgets. In Ontario, living costs can vary widely depending on where you choose to live and study.
Depending on your home country, the cost of living may be higher or lower than what you are used to. It’s important to plan ahead and understand your expenses so you can budget effectively during your studies.
The Government of Canada provides helpful resources to support international students in preparing financially.
Tuition, textbooks and supplies
Ontario offers competitive tuition rates compared to other major international study destinations. However, tuition and fees will likely be your largest expense.
In most cases, tuition is paid directly to your institution before the start of each term. Be sure to check your institution’s website for detailed cost information and payment deadlines.
You should also budget for additional academic expenses, including:
- textbooks
- course materials and supplies
- a computer or laptop
- software or online subscriptions
Many institutions provide estimated costs for these items. Check your school’s website for more details.
Housing
Housing costs vary depending on whether you live on campus or off campus.
On-campus housing
If you live in residence, housing costs are typically included in your fees. Costs vary by institution and accommodation type (e.g., single room, shared room, apartment-style suite) and generally range from approximately $8,000 to $25,000 per academic year (September to April).
Off-campus housing
If you choose to live off campus, rent may or may not include utilities such as heat, electricity, water or internet. Make sure to confirm this with your landlord, as these costs can add up.
Rental costs vary significantly by location but typically range from approximately $800 to $2,500 or more per month.
Contact your institution for help finding a place to live, estimating your housing expenses, and understanding your rights and responsibilities before you sign a rental agreement.
Basic expenses
Basic expenses will make up a significant portion of your monthly costs in Canada. These include:
- Food – Many schools offer prepaid meal plans for eating on campus. While this can be convenient, it can also be more expensive than making your own meals. Eating at restaurants or buying specialty items can double your food costs.
- Clothing – Make sure to budget for clothing for both warm and cold weather. Most Ontario cities offer a wide range of clothing options for different budgets. These range from affordable second-hand shops to designer stores.
- Transportation – Many international students walk, bike or use public transportation. Access to public transportation will vary depending on where you live. Your school may provide a student pass that gives you cheaper rates for bus or light rail services. If you decide to lease or buy a car, you will also have to pay for gas, parking, maintenance and monthly payments, as well as car insurance and registration (required by law in Ontario).
- Mobile phone service – Be prepared to purchase a mobile phone that works with Ontario networks. Mobile phone service and data is more expensive in Canada. Check with your school to find the best option.
- Other expenses – Make sure you budget for personal items, haircuts, gifts, entertainment and activities. You may also need to pay for laundry using coins or a prepaid card.
Healthcare
Health insurance is required for international students in Ontario and is typically arranged through your institution as part of your student fees.
These plans usually cover basic medical services. However, you may need to pay additional costs for services such as prescription medications, dental care or vision care.
Taxes and deductions
In Ontario, a 13% Harmonized Sales Tax (HST) applies to most goods and services.
If you work while studying, deductions will automatically be taken from your pay. These may include:
- income tax
- Canada Pension Plan (CPP) contributions
- employment insurance (EI)
- other applicable deductions