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Cost of living
Budget
for a student per year (in Canadian Dollars):
As is always the case, the city which you choose to reside
in, reflects your budget. For example if you choose to live
in Montreal:
Rent: could be about $500 per month (in the heart of the
city) for a living space of around 35 square meters.
If you choose to live about 10 minutes away from the heart
of the city, rent can go down to about $300 per month. On
the other hand, if you were to go to Toronto rent can go
up to $700 per month. Note that this would also include
electricity and heating, and a kitchen equipped with oven/stove,
fridge, etc.
Food: around $150 to $200 per month (depends on how much
you eat!)
Telephone: probably around $30 per month (not including
long distance.) In Canada local calls are free.
In general if you wanted to live very comfortably, you would have
to spend between 10 and 15 thousand dollars a year.
TAX:
A 7% Goods & Services Tax (GST) is applicable to all
transport, accommodation, restaurant meals and just about
anything else you are likely to purchase all over Canada.
On top of this, in most of Canada, a provincial sales tax
is also added on top. In some provinces, the total sales
tax can come to around 15% on top of the quoted price. It
is very important to rememebr that tax is not included in
the price quoted, you must add it into your expenses before
you reach a cash register.
TIPPING:
Tips are generally given to waiters, cab drivers, hairdressers,
and hotel attendants. The amount to tip is generally 10-15% of
the total bill.
Some typical costs for living in Canada (Canadian
dollars):
Bus Fare One Way (local): $2.00
Local Telephone Call: $0.25
Average Restaurant Meal: $10.00 - 25.00 per person
Movie: $8.50
Letter within Canada: $0.46
International Postage (letter): $0.95
Meals Budget: $5-10
Mid-range: $10-25
Top-end: $25 and upwards
Lodging Budget: $12-25 (youth hostels, etc)
Mid-range: $25-80
Top-end: $100 and upwards
Coke: $1 for a can of coke from a vending machine
McDonald's Hamburgers: $1 on average (small normal
hamburger)
Rented movies: $5 (new rentals).
Night Clubs: Cover charge about $5 to 10, depending
on club.
Average Pair of Jeans: $50 to 60
Newspaper: either 50 cents or $1 (Saturdays and Sundays)
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