Cost of Living in Canada for International Students


Canada is one of the most popular study abroad destinations where every other international student is aiming to study. From affordable tuition fees to high-quality education, Canada has everything it takes to be a student-ready destination. With growing popularity and recent demand by the Canadian government to show twice the fees as earlier, which certainly require more funds,.

The requirement of more funds at disposal clearly depicts the scenario that international students will require more funds. The comprehensive expenses that a student might encounter are highlighted in detail below.

Average living expenses for international students in Canada:

The average living expenses for international students in Canada can indeed present significant financial challenges and stress. These expenses encompass various crucial factors such as accommodation, food, travel, tuition costs, and more. However, it is essential for international students to recognise the diverse elements encompassed within their living expenses.

Moreover, the choice of state, university, and specific course significantly influences an international student's cost of living. These factors interplay to shape the overall financial burden. Typically, the monthly average for living expenses ranges from CAD 20,000 to CAD 30,000, emphasising the considerable financial commitment required to sustain a comfortable lifestyle while studying in Canada. Managing these costs necessitates strategic planning and financial support for international students pursuing education in the country.

Accommodation cost:

The lifestyle students choose notably influences their living costs. A significant determinant is the accommodation choice, where the disparity between on-campus and off-campus options is substantial. Opting for on-campus housing generally proves more financially favourable, averaging between CAD 8,500 and CAD 11,000 annually. This choice often offers more budget-friendly arrangements.

Conversely, the expense of living off-campus, especially alone, tends to be higher, ranging from CAD 1,000 to CAD 1,200 per month. Renting private accommodations, utilities, groceries, and other living essentials contribute to this higher cost. This added requirement makes off-campus living a more expensive but potentially more autonomous option for students.

Types of accommodation

Average monthly accommodation


CAD 8,500 – CAD 11,000 annually 


CAD 450 – CAD 900 per month 


CAD 3,000 – CAD 8,000 annually 

1 BHK in Canada

CAD 1,000 – CAD 1,200 monthly 


Cost of food:

The food expenses cover groceries, fruits, vegetables, milk, and various other consumables. On average, international students can anticipate these costs to range between CAD 300 and CAD 400. However, there are instances where one might opt for a more luxurious dining experience at a restaurant, typically costing between CAD 15 and CAD 20 for a single meal.

Cost of studying in Canada (tuition fees):

Studying in Canada can entail varying costs, often differing from university to university. Nonetheless, compared to universities in the USA, the overall expenses tend to be notably lower. Here are some top-tier universities renowned for offering quality higher education to students from diverse backgrounds:

Top Universities 

Tuition fees for UG courses

Tuition fees for PG courses

University of Northern British Columbia

CAD 22,000 – CAD 28,000 


Cape Breton University 

CAD 16,000 – CAD 22,000 

CAD 18,000 – CAD 25,000

Nipissing University 

CAD 20,000 – CAD 25,000 

CAD 25,000 – CAD 30,000

University of Manitoba

CAD 18,000 – CAD 22,000


LaSalle College 

CAD 10,000 – CAD 22,000

CAD 20,000 – CAD 25,000 


Travel and transportation costs:

Transportation expenses significantly impact overall student costs to study in Canada. Opting for on-campus accommodation is advisable as it eliminates daily commuting expenses.

However, for students choosing off-campus living, transportation costs become an expensive affair since there is a substantial cost of transportation. Monthly subway passes typically range from CAD 70 to CAD 100, while bus fares can amount to approximately CAD 100 to CAD 150 per month. In instances where public transport isn't available, private options like taxis come into play, charging around CAD 40 to CAD 50 per kilometer. These additional expenses need to be considered when planning an off-campus living arrangement.

Miscellaneous Expenses:

While the preceding sections outline major expenses, it's crucial to acknowledge other significant factors. Other factors may not have a direct impact on individuals but contribute indirectly to the overall cost of living. The following list encompasses minor yet impactful expenses that can influence an individual's financial considerations:




CAD 50 – CAD 100


CAD 70 – CAD 130 

Clothing and shoes

CAD 50 – CAD 120


CAD 150 – CAD 200


CAD 50 – CAD 120 


Education loan for international students:

Studying in Canada encompasses various expenses, from accommodation and food to educational costs and travel. The cumulative expenses can sometimes become daunting for international students. To address this challenge, financial institutions like banks and NBFCs offer study abroad loans specifically designed for studying abroad. International students who are planning to complete their higher education abroad can take out an overseas education loan.

These overseas education loans serve as a lifeline for international students, providing essential financial support. Education Loan Guru is a reliable contact for assistance in securing your education loan for abroad studies.


Canada stands as an attractive destination for international students due to its quality education and relatively lower overall expenses compared to other prominent study-abroad options. However, it's crucial to recognise that pursuing education in Canada demands careful financial planning. The cost breakdown revealed that essential aspects like accommodation, food, tuition fees, and transportation significantly contribute to the monthly expenses, ranging from CAD 20,000 to CAD 30,000 on average. Choices regarding housing, educational institutions, and lifestyle further impact these expenses.

Acknowledging the diverse expenses, financial institutions offer specialised study abroad loans for international students, aiding them in managing their financial commitments. Education Loan Guru stands as a reliable resource for facilitating these crucial financial support systems. Navigating the financial landscape for international education necessitates a comprehensive understanding of expenses and prudent financial management. Ultimately, while the cost may present challenges, the rich educational experience Canada offers remains a rewarding investment for aspiring students from around the globe.

By Education Loan Guru