How much does living cost in Toronto for a student?
Updated on Oct 4, 2023The cost of living in Toronto for a student can vary depending on several factors such as the type of accommodation, lifestyle choices, transportation, and food choices.
Generally speaking, Toronto is considered one of the more expensive cities in Canada, but it also offers a wide range of opportunities and amenities. Here are some estimated costs that a student in Toronto may face:
- Accommodation: Rent can range from CAD 600 to CAD 1,500 per month, depending on the location, size, and type of housing. Living in shared accommodation can be cheaper.
- Transportation: A monthly transit pass costs approximately CAD 156. Alternatively, students can purchase a discounted student monthly pass for CAD 128. If you plan to own a car, insurance, and gas costs should also be considered.
- 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 500.
- Entertainment: Costs for entertainment such as movies, concerts, and other activities can range from CAD 10 to CAD 50 per event.
- Tuition and other expenses: Tuition fees for international students can vary from CAD 15,000 to CAD 50,000 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.