How Much Does It Cost to Live in Canada?

The beautiful country of Canada is situated in the northern part of North-America. It has a total area of about 9.985 million Km2 which makes it the world’s second-largest country in terms of land area. The total population is 37,940,640 and its capital is Ottawa. The country ranks among the highest in the international measurements in terms of quality of life, government transparency, civil liberties, education, economic freedom, and healthcare. In addition, the country is known for the respect the differences of everyone, its unparalleled diversity as well as its safety and security.

Canada is a highly diverse country in terms of ethnicities along with its highly advanced economy being the world’s 10th largest. It is a part of a number of major international groups and institutions.

The country is globally renowned for its universal healthcare system. It has 10 provinces that are divided into fifteen terrestrial and five marine ecozones.  As for the weather, it varies from region to region, but an average low in Celsius can be anywhere from -20 to -30, whereas average high can go the same length.

In terms of affordability, Canada is classified as moderately expensive as household costs can take as much as half of the take-home pay. But the public services are quite excellent, making it possible to enjoy a high standard of life.  

Cost of living in Canada - 2021

Housing Cost in Canada

Given below is a table that lists down the average prices of different types of property, their rents, and their costs in Canada.

City DistrictRent for 1 BedroomRent for 2 BedroomRent for 3 Bedroom
Quebec City$714$965$1104


Average rent price for 1 Bedroom apartment


In terms of affordability, here are some properties and their average price.

PropertyPrice per month 
1 Bedroom $1358
2 Bedroom$1703
Single Family House$2361
Condo Apartment$2009

Cost of Public Transport and Parking Rates

The city of Canada provides its residents with a number of ways to travel around the city conveniently with the conventional mediums including buses, ferries, metros, etc. different cities provide different services managed by provincial governments but you can expect to pay as much as $250-$300 per month. This includes travelling by services provided by the local government and online taxi services.

Costs of The Public Bicycle Sharing System

Not all of Canada’s provinces have a public bicycle sharing system, but a great many do. Others are developing either system that will be managed by the local city governments as well as some working with companies that are already operating in other cities to provide their citizens with this convenient facility. 

Car Parking Rates

Car parking in Canada is highly monetized with each city having its own strategy to manage the way they charge their residents. Here is some of the cities with the highest on-street car parking rates per hour that the citizen get to pay.

City AirportCar ParkStreet Parking
Mount Vancouver$4.11$5.81$3.87

*Rates per hour

Car Insurance Rates

Car reinsurance rates in Canada vary from one province to another. The average annual rates for all the provinces are as following.

British Columbia$1316
Newfoundland & Labrador$1090
Northwest Territories$974
Nova Scotia$783
New Brunswick$763
Prince Edward Island$755

*Average Annual rate

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Canada is full of beautiful locations, museums, sports centers, cinemas, and activity centers along with a number of restaurants. How affordable is the entertainment to you depends upon the city that you reside in.

Considering at average cost, if you have had 4 beers, 1 restaurant visit with friends, visited the cinema 2 times, and have had 4 regular restaurant meals per month, that can cost you about $190.



Monthly Cost


*Note that the monthly cost will vary depending on the city you reside.


Grocery Cost in Canada

Grocery includes items such as fruits, vegetables, meat, eggs, milk, and others. Cost for some regular groceries that may averagely be purchased include:

Items (1 kg)


Milk (1 Liter)


Loaf of bread




Dozen Eggs


Local Cheese 




Beef round 














Head of Lettuce


Water Bottle 1.5L


Cigarette 20 Pack



Monthly budget for 1 person


*Note that the monthly cost will vary depending on the city you reside.

(*Numbeo & Statistics Canada)

Phone and Internet

There are plenty of internet service providers in Canada as well as cellphone service providers with different packages that are sure to meet everyone’s needs. Considering a general 60 Mbps connection with unlimited download, it will cost you around $70-$80 on average. Finding the Best Internet Plan will be easy as there are so many Internet providers available. Whereas 1 minute of the prepaid cost with no plan or discount will cost you around $0.33.

Phone and Internet

Phone with unlimited talk, text and data (Internet is included in Utilities)


Fitness and Personal Care

In terms of fitness and personal care, a one-month fitness club fee averages around 55-60 $ per month. As for healthcare, you are covered with Canada universal healthcare. Having personal insurance is still highly recommended for other personal care services such as the dentist and the optometrist.

Health and Fitness

The average cost of a Fitness membership


Provincial Taxes (Sales, city, and Income taxes)

The provincial and territorial income tax rates are as following:

Provincial and territorial tax rates (combined chart)
Provinces and territoriesRates
Newfoundland and Labrador8.7% on the first $38,081 of taxable income, +
14.5% on the next $38,080, +
15.8% on the next $59,812, +
17.3% on the next $54,390, +
18.3% on the amount over $190,363
Prince Edward Island9.8% on the first $31,984 of taxable income, +
13.8% on the next $31,985, +
16.7% on the amount over $63,969
Nova Scotia8.79% on the first $29,590 of taxable income, +
14.95% on the next $29,590, +
16.67% on the next $33,820, +
17.5% on the next $57,000, +
21% on the amount over $150,000
New Brunswick9.68% on the first $43,835 of taxable income, +
14.82% on the next $43,836, +
16.52% on the next $54,863, +
17.84% on the next $19,849, +
20.3% on the amount over $162,383
QuebecMore information on Revenu Quebec website for Income tax rates

5.05% on the first $45,142 of taxable income, +
9.15% on the next $45,145, +
11.16% on the next $59,713, +
12.16% on the next $70,000, +
13.16% on the amount over $220,000

Manitoba10.8% on the first $33,723 of taxable income, +
12.75% on the next $39,162, +
17.4% on the amount over $72,885
Saskatchewan10.5% on the first $45,677 of taxable income, +
12.5% on the next $84,829, +
14.5% on the amount over $130,506
Alberta10% on the first $131,220 of taxable income, +
12% on the next $26,244, +
13% on the next $52,488, +
14% on the next $104,976, +
15% on the amount over $314,928
British Columbia

5.06% on the first $42,184 of taxable income, +
7.7% on the next $42,185, +
10.5% on the next $12,497, +
12.29% on the next $20,757, +
14.7% on the next $41,860, +
16.8% on the next $62,937, +
20.5% on the amount over $222,420

Yukon6.4% on the first $49,020 of taxable income, +
9% on the next $49,020, +
10.9% on the next $53,938, +
12.8% on the next $348,022, +
15% on the amount over $500,000
Northwest Territories5.9% on the first $44,396 of taxable income, +
8.6% on the next $44,400, +
12.2% on the next $55,566, +
14.05% on the amount over $144,362
Nunavut4% on the first $46,740 of taxable income, +
7% on the next $46,740, +
9% on the next $58,498, +
11.5% on the amount over $151,978


The average cost of living in the beautiful country of Canada can be calculated by using the provided table and selecting the rates along with respective items, and finding the total sum which may vary from one person to another.

Average Monthly Cost of living in Canada

Illustrations-Mes changements d’adresse (1)





Average rent price for a 1 bedroom apartment + Insurance + Average utility cost

$1310 + $40+ $200


Regular grocery basket for one person



Unlimited mobile plan



Monthly cost (see above)


Health and Fitness

The average cost of a Fitness membership





Note: If you are sharing cost with someone, it will be significantly lower. Also, if you are budgeting for a family, you’ll need to add the cost of each family member.

This is an approximation. The monthly cost will vary depending on the city you reside.

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