Cost of Living in Canada for Indian Students 2024

Cost of Living in Canada for Indian Students 2024

7 mins read2.7L Views 103 Comments
Raj Vimal
Study Abroad Expert
Updated on Jun 9, 2024 21:04 IST

For international students, getting admitted to universities and colleges in Canada requires planning and financial commitment before they are there. Here are a few pointers to help you with the fee estimates. International students will have to meet the costs of studies and the cost of living in Canada.

Cost of living in Canada

Living Cost in Canada: So you are considering Canada for your higher studies, and you are here to get an idea about the living expenses. Well, this is the right approach to plan to study abroad as an international student. The cost of living in Canada is more expensive than in India, but more affordable than in the USA or the UK.

It is important that you do good financial planning to cover the expenses. Accommodation, grocery, and health insurance expenses are the top factors which affect the overall cost of living in Canada. Also, at the time of applying for the Canada student visa, IRCC asks for proof that you have sufficient funds to cover your expenses. In this article, we will give you an overview of living expenses in Canada and other relevant information about the topic.

Living Cost in Canada for International Students

According to Numbeo, an Indian student needs INR 88,400 per month to cover the monthly expenses. This amount does not include house rent as it varies from place to place. Students must obtain medical and hospital insurance as healthcare in Canada is very expensive.

Public health insurance plans are administered independently in each province. Some universities require compulsory insurance coverage. The coverage should be secured within the first week after arrival. There are a few factors that affect the cost of living for Indian students. They are listed below:

Big City Life vs. Suburban Areas

Like anywhere in the world, living costs in urban centres are more than those in the suburbs. Many students prefer on-campus housing much more, which may not be the lowest-cost option but is definitely more convenient. Toronto and Vancouver are the most expensive cities to live in and with the shortage of affordable housing in Toronto, costs are the highest there and still continue to rise. The cost of living in Toronto for international students is CAD 1,945 to CAD 3,713. This depends mainly on your accommodation. The table given below provides the cost of living in Toronto for international students. Data has been sourced from the University of Toronto:

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Cost of Living in Toronto in CAD Per Month 


1,100 – 2,700







Tenant Insurance


Food & Grocery


Clothing & Shoes








2) Based on Educational Institutions

Living expenses in Canada for Indian students varies from city to city and depending on where the school is located, the best-estimated living expense will depend on the university you are applying to. As mentioned earlier, every college provides estimated fees and living expenses in Canada. Some colleges have reasonable and affordable on-campus boarding options, some colleges charge quite a lot for the same. What is the cost of living in Canada for Indian students? On average, the cost of living in Canada for Indian students is around CAD 18,340 of which rent and accommodation forms the major part. Here is a table to help you understand approximate monthly expenses in Canada as well as annual costs.


Monthly Cost in Canada

Annual Cost in Canada




Student Fees



Health Insurance






On-campus Rent



Mobile phone (basic package)



Public Transit Pass









Car: Insurance



Car: Fuel



Total Expenses



*Average 1st-year tuition fees are based on 343 MS courses in Canada (source:


Related Blog: What is Student Accommodation?

How Much Money is Required to Study in Canada

Now that students are aware of the approximate living cost in Canada for international students, let us look at how much money is required to study in Canada from the perspective of the funds that you need to prove while applying for a Canada student visa. The minimum bank balance for Canada student visa depends on whether a student studies outside of Quebec or in Quebec. The tables given below provide the details of both:

Minimum bank balance for Canada Student Visa (outside Quebec):


Funds Required Annually (excluding tuition fee) – Outside Quebec

Primary applicant

CAD 10,000

First family member

CAD 4,000

Every additional member

CAD 3,000

Minimum bank balance for Canada Student Visa (in Quebec):


Funds Required Annually (excluding tuition fee) – In Quebec

1 person (under 18 years)

CAD 6,569

1 person (18 years or above)

CAD 13,134

2 persons (18 years or above)

CAD 19,264

2 persons (18 years or above) 1 person (under 18 years)

CAD 21,579

2 persons (18 years or above) 2 persons (under 18 years)

CAD 23,290

Scholarships to Study in Canada

Indian students may be eligible for a scholarship, fellowship, or grant to study in Canada. The Government of Canada, our provinces and territories, and many educational institutions offer funds for international students. Many colleges and universities in Canada offer scholarships to students to manage their studies and living. For more information about scholarships in Canada, you can visit the link. Students may also apply to colleges in Canada without application fees to reduce their costs.

Now that students are aware of the living cost in Canada for international students, they must apply for scholarships and look for part-time work to reduce their costs. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.

Cost of Living in Canada for Indian Students FAQs

Q. Is the cost of living in Canada for Indian students very high?

A. The living cost in Canada for international students is around CAD 18,340 per annum on average. When it comes to the cost of living in Canada for Indian students, it translates to nearly Rs. 11.36 lakhs per annum on average based on the current exchange rate as of July 2023. However, it is worth noting that the cost of living in Canada for Indian students depends on one’s location, lifestyle, dietary habits, travelling facilities, etc. Current inflation rates also influence the cost of living in Canada. It is vital for students to consider scholarships and/or part-time work in order to reduce the cost of living.

Q. Is the cost of living in Canada for Indian students very high?

A. If you compare it to other popular study destinations then studying in Canada is affordable. A student needs around C$30,000 and C$50,000 per annum depending on the course/city to cover his tuition. Apart from this, the cost of food, living, and other living expenses will be around C$18,000 per annum. This is quite affordable if you compare it to other popular study-abroad destinations. Students need to consider their accommodation, food, transport, and healthcare as some of their biggest heads as a part of their living expenses in Canada.

Q. What province in Canada has the lowest cost of living?

A. Living expenses in Canada vary from city to city; the province of Quebec continues to rank as one of the lowest-cost-of-living provinces in Canada with an estimated living cost of C$1,600 per month. This stems not only from some of the lowest rents in Canada and subsidized child care but also from Quebec's electricity prices being much lower than the national average, at 7.3 cents per kWh. In addition to Quebec, Newfoundland and Labrador, Manitoba, Saskatchewan, New Brunswick, Nova Scotia, Prince Edward Island, and Alberta are also affordable provinces to live in Canada for international students.

Q. What is the cost of living in Toronto for international students?

A. Cost of living in Toronto for international students ranges from CAD 1,945 to CAD 3,713 per month. The majority part of this cost is the rent that an international student needs to pay. Rent in Toronto, for international students, ranges from CAD 1,100 to CAD 2,700 per month. Food and grocery costs more than CAD 340 per month. Other important heads include electricity, internet, phone, clothing and shoes, transport. In addition to these, there will be health expenditures and other miscellaneous charges for entertaining and student life.

Q. How to reduce the cost of living in Canada for students?

A. Students, who wish to reduce their cost of living in Canada, may consider the following points:

  • Apply for Scholarships: Your overall expenses may be reduced with the aid of scholarships. Make sure to look into and apply for any scholarships for which you may be qualified.
  • Search for affordable housing: Finding affordable housing choices is one of the best ways to lower the cost of living in Canada, where rent may be a substantial expense. To save money on rent, think about living in communal housing or a little outside the city.
  • Part-time work: Working part-time while you study is an excellent option for international students to supplement their income. International students can work up to 20 hours per week while studying and 40 hours during vacation. Usually, a student earns around C$10-15 an hour in Canada; however, it may vary depending on the city and job you perform. Teacher’s Assistants, Tutors, Waiters, Bartenders or servers, Drivers, Freelancers, Translators, Salespersons, Babysitters, Dog walkers, etc. are the best part-time jobs in Canada.
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Raj Vimal
Study Abroad Expert

Raj Vimal has experience of 7+ years in SEO Content Writing, which includes 5+ years in the Ed-Tech industry. He has written articles about studying abroad, especially in the USA, UK, and other English-speaking coun... Read Full Bio

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Hi, I am willing to study Diploma engineering in Ontario, Canada. I am 17 and I have completed my 10th standard. please suggest universities in which it is available.

Reply to patel Muhammed adi


Kanchan Gangotri

9 months ago

Hi, I have an MBA in HR and Marketing and hold 10 years of experience in HR. I am willing to move to Canada. What can I study in Canada? I mean what could be the next better course for me to study in Canada?

Reply to Kanchan Gangotri


Aprant Agarwal

9 months ago

Hi. Now that you already have an MBA and 10 years of work experience, you may opt for an Executive MBA or PhD in Canada. You may visit this link:

Hai,am completed MBA and diploma in banking and having 7 years of banking experience,can i go for computer science course

Reply to Panyala Prashanthi


Aprant Agarwal

11 months ago

Hello. You may go for a CS course in Canada; however, you will have to justify this transition to the admissions committee as well as during your student visa application. You may refer to the link for an SOP for course change:


Hi, can you please advise the annual cost for undergraduate program in Psychology in Edmonton? Thanks

Reply to Rinku Popley Chodha


Aprant Agarwal

11 months ago

Hi. You can expect to pay at least CAD 30,000 per year and tuition costs for psychology courses in Canada. You may refer to the following link:


khushi padale

a year ago

For how many hours can we work in the part time job ? For a week A month

Reply to khushi padale


Piyush Kohli

a year ago

Hi Khushi, one can work for up to 20 hours per week while pursuing higher education in Canada. You can learn more about here