How much does it cost for a student to live in Peterborough, ON? 

Updated on: Oct 4, 2023

The cost of living for a student in Peterborough, Ontario, Canada, can vary depending on factors such as accommodation, transportation, food, and entertainment. 

However, compared to larger cities like Toronto or Vancouver, the cost of living in Peterborough is generally considered more affordable. Here are some estimated costs that a student in Peterborough may face:

  • Accommodation: Rent for a shared room in a house or apartment can range from CAD 400 to CAD 700 per month. Rent for a one-bedroom apartment can range from CAD 800 to CAD 1,200 per month.
  • Transportation: A monthly transit pass costs approximately CAD 68, and a discounted student pass is available for CAD 61.
  • Food: The cost of food can vary depending on the type and quality of meals. A monthly grocery bill can range from CAD 200 to CAD 400.
  • Entertainment: Costs for entertainment such as movies, concerts, and other activities can range from CAD 10 to CAD 30 per event.
  • Tuition and other expenses: Tuition fees for international students can vary from CAD 15,000 to CAD 25,000 per year depending on the program. Other expenses such as textbooks, course materials, and health insurance can also add up.

It is important to note that these are just estimated costs, and actual expenses may vary depending on individual circumstances. Additionally, the cost of living in Peterborough may be higher or lower depending on the neighborhood, lifestyle choices, and other factors.