Before you plan to move to any new country, first and foremost it is essential to research the average cost of living per month. Undoubtedly, Canada is ranked as one of the best countries to live and work, however, it gets daunting when you have to choose between 13 provinces and territories to choose from, most of them are affordable for just anyone, more so if you can secure a job in Canada. Here, we’re going to answer all the burning questions about how much it costs to live in Canada per month.
Is Canada affordable to live in?
The average cost of living for one month in Canada would require to have a weekly earning salary of C$1000. This is not a fixed amount that you have to earn to live comfortably in Canada, however, it’s a good goal to have to enjoy Canada at its best. One can earn less than the mentioned amount to live comfortably, depending upon the province you choose to live in and your lifestyle.
Average Cost of Living for 1 Month in Canada
City Single Person Family of Four Toronto C$3,551 C$6,144 Vancouver C$3,445 C$5,955 Ottawa C$2,822 C$5,329 Montreal C$2,384 C$4,799 Calgary C$2,449 C$5,110 Halifax C$2,377 C$4,698 Quebec City C$1,871 C$4,126
Living comfortably completely refers to making enough money to conveniently buy all of the things that you and your family require, and still have funds for leisure activities and savings. As mentioned in the above table, we have mentioned an average amount required to comfortably live in Canadian cities. The best part about moving to Canada with your family is that you can manage your finances easily as there is an opportunity to share the cost with your common-law partner and spouse.
Although, if you have a tight budget and looking for more affordable options then you can move into the cheapest cities in Canada.
Find a job in Canada to keep up with your finances
After getting an idea of the average cost of living in Canada, it is necessary to understand why the federal government of Canada prefers everyone to have a job who immigrates to the country. Canada is an economically-driven first-world country, and if anyone wishes to live the incredible life offered by the country then having a secured job is a necessity to keep up with the Canadian lifestyle.
If the newcomer has the skills and credentials to support the application, the country is welcoming foreign talent with open arms. An average salary in Canada is C$59,822 per year. The federal government of Canada is so willing to offer residents the most, the people who live in rural areas make an average of C$35,000 to C$45,000 per year. Some of the highest paying jobs can reach annual salaries of over C$100,000.