Staying up to date with the cost of living in Canada in 2023 is an essential point for anyone who wants to travel, live or study in Canadian lands. Therefore, we organized a survey based on data from the Numbeo website. This is information related to rent, food, transportation, clothing, leisure and other fixed accounts.
Before going into the details related to day-to-day life, we have put together a summary with values that represent the average monthly cost of a family or person. It is worth mentioning that property rental costs have been shown to be something that has impacted those who live in Canadian lands.
Monthly cost summary (Values in Canadian dollars – CAD)
– Estimated monthly cost for a family of 4 (without rent): $ 4,470.5.
– Estimated monthly cost for 1 person (without rent): $ 1,244.2.
It is necessary to clarify a very important point before citing other values and making comparisons. Just like in Brazil, each city presents a reality. Even within a city it is possible to find price differences. In this sense, researching the reality of the city and even the neighborhood in which you intend to live is essential.
Follow the order of analysis of the cost of living in Canada in 2023 below.
1- Monthly rent (apartment)
2- Transport
3- Public services (Light, Water, Internet)
4- Sports and Leisure
5- Childcare
6- Clothes and sneakers
7- Food (Restaurants and Supermarkets)
8- Property (Purchase of apartment)
9- Salary and Financing
10- Distribution of expenses
1- Property rental (apartment)
One of the biggest villains in recent years in Canada has been property rental. It was possible to monitor a gradual increase in this cost, especially in large centers.
Rent is often one of the biggest expenses for families, representing a significant part of the monthly budget and having a major impact on the cost of living.
Costs associated with renting may include the value of the rent itself, as well as management fees, rental insurance and other incidental costs such as maintenance and repairs.
See below the average apartment rental price in Canada. The options presented consider apartments in the center or in neighborhoods slightly further away, with 1 or 3 bedrooms.
(In the image related to rent, the translation of the Numbeo website possibly inserted a wrong term, using the word “Income” in place of Rent/Rental).
2- Transport
Transportation is one of the main expenses that affect a person's cost of living. Whether commuting to work, shopping or going for a walk, transport has a significant impact on the monthly budget of any individual or family.
See below the values related to local transport, taxis, gasoline prices and the value of a popular car in Canada in 2023.
3- Public services (Light, Water, Internet)
Utility services are an important part of everyday life, providing access to essentials such as water and electricity, as well as the internet (often used for work and leisure).
Follow the main average values related to heating, electricity, telephone and internet in Canada.
4- Sports and Leisure
Sport and leisure are important activities for people's physical and mental well-being. However, these activities can also represent a significant part of the cost of living.
Below are average prices for gym, tennis court and cinema rentals in Canada.
5- Childcare (daycare)
Daycare is a key part of the childcare system in many countries, providing a safe and nurturing environment for children while their parents work or study.
Listed below are average prices for daycare and elementary schools in Canada. Depending on the situation, the school may not be charged the annual fee if parents are enrolled in certain educational programs.
6- Clothes and shoes
Fashion is an important part of each individual's culture and originality, but the cost of clothes and sneakers can have a significant impact on the family budget.
The average prices for pants, dresses, shoes and sneakers in Canada can be seen below.
7- Food
Food is one of the most important expenses in a family budget. It is essential for survival and maintenance of health, in addition to being an important aspect of culture and quality of life. In this article, we will explore the relationship between food and the cost of living, as well as present tips for saving money without compromising your health.
Monitor the average value of products in Restaurants in Canada.
Monitor the average value of products in Supermarkets and Grocery Stores in Canada.
8- Purchase of property (apartment)
Buying a property is one of the biggest investments people make in their lives, but the cost of this purchase can have a huge impact on the family budget.
See below the average values per square meter in Canada.
9- Salary and Financing
Salaries and other payments that represent each individual's monthly earnings change depending on a series of factors. Location, position, working hours and the like.
Below you can see the average net salary in Canada, with taxes taken out.
10- Distribution of expenses
The table below shows the distribution of expenses based on cost of living statistics in Canada in 2023. It is an interesting way to compare which areas require the most investment. (We leave this table in English, so you can practice when disembarking on Canadian lands!!)
Now that you are aware of the estimated values related to the cost of living in Canada, it is time to organize your educational choice.
Contact BFF Canada and find the best options for colleges, schools, colleges and universities. Through our educational consultancy, it is possible to get to know undergraduate, postgraduate, master's, MBA and related programs up close.
Start organizing your Canadian dream now. Put your Canada Plan into practice today!
CONTACTS
BFF Canada – Educational Consultations, Immigration Consultations, Visas and Housing
- Whatsapp: https://bit.ly/bffcanada
- Site: bffcanada.com
– Email: atendimento@bffcanada.com
NOTE: the data presented in this content was captured on 03/10/2023 on the Numbeo website. It is possible that there will be a natural update of the values mentioned in this content.
