How Much Does It Cost to Live in Canada per Month?
Connect with us

Life in Canada

How Much Does It Cost to Live in Canada per Month?

Isabel Rice

Published

on

Live in Canada

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.

See also  New Permanent Residents of Canada in 2023 – Top 10 Source Countries

Average Cost of Living for 1 Month in Canada

CitySingle PersonFamily of Four
TorontoC$3,551C$6,144
VancouverC$3,445C$5,955
OttawaC$2,822C$5,329
MontrealC$2,384C$4,799
CalgaryC$2,449C$5,110
HalifaxC$2,377C$4,698
Quebec CityC$1,871C$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.

Advertisement

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

See also  What Newcomers Can Expect from Canadian Budget 2024?

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.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign up to our newsletter!

Advertisement

Advertisement

PNP Draws & Updates

DateProvinceInvitations
Prince Edward Island April 466 invitations
British ColumbiaApril 489 invitations
British ColumbiaApril 383 invitations
British ColumbiaMarch 26126 invitations
ManitobaMarch 26179 invitations
Check Out the Full List of PNP Draws➜

Facebook

Advertisement

Recent Express Entry Draws

DrawNumber Of InvitationsMinimum CRS Points
293 (STEM)4500491
292 (All Program)1280549
291(French)1500388
290 (All Program)1980524
289(Transport Occupations)975430
All Express Entry Draw Results ➜

Advertisement

Trending Searches