Cost of Living in Canada

Study in North America
Living costs as illustrated by Canada currency.

How much does it cost an international student to live in Canada?

Living costs in Canada are on the low side among English-speaking countries.

  • Canada sets a low funds requirement for a study permit. You just need to demonstrate access to CAD $10,000 to cover living expenses.
  • Cost indicators also compare well against other countries. A university residential package costs students around $11,000 per year.

Indicative on-campus accommodation costs

University Annual fee* 
Memorial University of Newfoundland $8,570 
Ryerson University $13,763 
University of New Brunswick $10,935 
Average $11,089 
WP DataTables
 * Room for academic year (with meal plan)  —  Updated: 7 March 2016

Wages in Canada

The minimum wage in Canada – which is an indicator of costs of basic services – is around $20,000 in annual terms. Students can apply for a work permit to access the local job market.