When the idea of moving abroad comes to fruition, the first thing that comes to mind is how to effectively manage your living costs. According to the report, most students suffer financial problems while living abroad. Therefore, it is necessary to overcome this obstacle if you want to remove the financial burden. The outstanding way to do this is to make a realistic budget plan for everything in advance.
For example, accommodation and transport costs, tuition fees, electricity and internet bills, and food and shopping costs. This strategy will make you stress-free about money in the future. If you do not take this concern seriously, ask your parents for money, which can stress your parents if their income is low.
How much it will cost the international student to live in Canada? Well, in this article, we have mentioned the common miscellaneous expenses with an average amount that you need to worry about while studying in Canada. Also, if you have any questions about the fee structure of US universities, you can refer to the best study visa consultants.
Cost of living for international students in Canada in 2024
Here are some pointers that will help you to get familiar with the living cost of Canada for international students:
Living Costs in Canada
Living in Canada requires appropriate costs. Accommodation to store your luggage and live after university and working hours. However, it is possible to live on campus, but most students choose off-campus for a cheaper price. This is the best way to save money. However, housing costs may vary by city and location.
Well, the average rent for a shared apartment is around 700-900 CAD per month. In addition, utilities such as electricity, water, gas, heating, and so on must be paid, which is about 500-4000 CAD per month. If you want to live on campus, you must have 1600-1700 CAD.
Food Costs
If you plan to live on campus, you can save on food costs. Well, if you want to eat something extra that is not included in the hostel meal, you have to pay extra for it. However, if you live in private accommodation, you have to take care of the food costs yourself. If you cook at home, this is a much cheaper option for you.
But if you rely on tiffin services or restaurant food, it is too expensive. Meal costs average around 150-200 CAD. For students who live off campus, additional meal costs are approximately CAD 50-90.
The price of the Internet
Can you imagine your life without the Internet? Not at all because all assignments, grades, college updates, results, and everything is done online these days. You also need to talk to your family at home. All these things are possible if you have a good internet connection. Although the price of internet can vary from company to company, the average cost is 60-100 CAD per month.
Transport Costs
If you are looking for a cheaper and budget-friendly way to travel from one place to another, public transport is the best option ever. So try traveling by bus or train.
However, many students want comfort for their trip like a car, but they don’t know that buying a car also comes with various extra costs. For example, maintenance costs, petrol costs, etc. So if you include public transportation, the total cost is around 100-150 CAD.
Purchase Costs
Purchase costs may vary from person to person because some students are shoppers and others are not. However, there are some basic things that every student must buy from the supermarket, such as groceries, clothes, shoes, stationery, household items, toiletries, etc. So the total cost of all these products is around 200-300 CAD per month.
If you want to know about the additional costs you have to pay while living in Canada, contact the most promising Canada visa consultants in your area.
Conclusion
Finally, apart from tuition fees, here are the other living expenses you have to deal with while living in Canada. So make a proper budget list and make sure you have enough money in your account to cover all expenses without worry.