Actual Cost of Living in Canada in 2024 (Food, Housing, Healthcare, etc)

average salary in canada

Are you wondering what could be the actual cost of living in Canada in 2024? Don’t worry because we are going to give you a clear rundown of how much it cost to live in Canada.

You will see how much the pandemic has changed the cost of living in Canada. And, you will also see both the cost of housing, cost of food, healthcare, cost of staying fit (exercise), and more.

The covid-19 has succeeded in changing the spending pattern of people. For instance, people seem to focus more on buying groceries and more essentials which has caused a rise in the prices of these items.

Meanwhile, prices on items like gasoline, clothing, and airline tickets have dropped due to the lesser demand for the items.

It’s good you know the actual prices of things as well as the price of the general cost of living so you know how to plan your budget. The cost of housing has already been predicted to go down by 7%.

Read More: Simple Tricks to Get a Canadian Permanent Residence.

average salary in canada

1. Cost of Rent and Housing in Canada

let’s begin with the housing and rent because this is probably one of the things you will be spending the majority of your money on. Taking look at the housing market should be the first thing you do before deciding on which place to live in Canada.

While Vancouver, Montreal, and Toronto are the biggest metropolitan areas occupied by more than 1/3 (one-third) of all Canadians, the cost of housing in those areas is expensive.

But these cities attract foreign workers, young professionals, and immigrants as a result of the amazing job opportunities found in these areas. These cities are rich in facilities, more educational opportunities, better infrastructure, and cultural diversities.

But luckily, the price of housing has been predicted to fall by 7% as a result of the Covid-19. This means that an average home cost in cities like Toronto will now be should for about $850, 000 instead of the usual $900,000 featured last year.

Canada offers many property types for either you and your family, you and your roommate, or just you alone. There are different houses that will definitely suit both singles and people with families.

Read More: 7 Fastest and Easiest Ways On How To Immigrate to Canada.

You can easily find detached houses, condo apartments, townhouses, semi-detached houses, plexes (triplex, duplex, and fourplex). Most of the houses have private balconies or gardens, while others may still be stand-alone units or probably share a wall with a neighbor or neighbors.

In the whole of Canada, Vancouver AKA Hollywood North records the highest cost of rent, with a 2-bedroom apartment reaching an average of $2,793 for each month according to StatsCan.

Meanwhile, the major least expensive city is Edmonton located in Alberta. The cost of housing for a 2-bedroom apartment is approximately $1,250 for each month in this capital city.

The good thing about the cost of living in these areas is that they also include certain utilities like electricity, water, parking, and heat, although not always. Below is the table that contains the average cost of rent for a 2-bedroom apartment in major cities in Canada.

Average Rent Across Major Cities in Canada
City Rent for 2-Bedroom Apartment
Vancouver, BC $2,793
Toronto, ON $2, 300
Calgary, AB $2, 300
Mississauga, ON $2, 120
Ottawa, ON $2, 000
Mississauga, ON $2 102
Montreal, QC $1, 815
Hamilton, ON $1, 637
Edmonton, AB $1, 250

Read More: How to Easily Obtain a Canadian Study Permit.

NOTE: You can still find affordable places where you can either buy or rent houses, but they are usually outside of the cities centers. Nevertheless, you will have to spend more time and money on transportation to cities where most of the jobs are found.

In most places, you can pay as low as $1,000 each month for a two (2) bedroom apartment in places like Northbay, Ontario. Notwithstanding, transportation from Northbay to Toronto is about 3 hours.

Below is a list of the average price for renting a 2-bedroom apartment in some of the cheapest cities in Canada.

Cheapest Cities Across Canada
City Rent for 2-Bedroom Apartment
Becancour, QB $959
Sault Ste. Marie, ON $1, 000
Timmins, ON $1, 049
Cornwall, ON $1, 125
Moncton, NB $1, 165
Quesnel, BC $1, 200
Kitchener, ON $1, 375
Charlottetown, PEI $1, 401

2. Food Cost in Canada

The cost of food in Canada is presently slightly expensive than most of our neighboring cities since the beginning of the high demand for groceries as a result of the Covid-19 effect.

Also, Canada was also forced to import some types of food from Mexico and the US during those cold months of November down to May.

One of the other causes of the slight hike in food prices is the long-distance transportation of food in remote areas in Canada as a result of the lack of adequate access roads.

As a matter of fact, places like Northwest Territories and Nunavut use ships or planes to transport to their areas. So in those regions, common items like a cabbage head can set you back by $28!

Notwithstanding, the average annual income (around $77, 670) in those areas is high and makes up for the slightly above average price of food.

Also Read=>> 20 High Paying Jobs Without a Degree or Experience in Canada.

Canada’s Food Price Report has predicted that the average family in Canada will spend around $12,667 on their annual grocery bill. This is around $487 increase when compared to the model used in 2019. The bill didn’t include eating out.

Below is an infographic that gives you an idea of how much you will spend on food in Canada.

Living Cost in Canada

3. Healthcare Cost in Canada

Canada delivers very well when it comes to public healthcare. The government of Canada provides about 70% coverage to every permanent resident and citizen of Canada, notwithstanding their socioeconomic status. This provision includes COVID-19 treatments, doctor visits, and other necessary medical procedures.

Each territory and province have their own health insurance plan but it’s monitored by the Canadian Federal Government. Most provinces can possibly have more coverage than the others.

For instance, prescription drugs for residents of Ontario above 65 years and under 25 years of age are free under the Ontario Health Insurance Plan.

Permanent residents and citizens of Canada generally pay a much lesser price for medicine because they’re regulated by the Canadian federal government. For instance, the usual cholesterol drug Lipitor can cost patience in Canada under $50, compared to the US market which sells the same for $150.

Also, about 65% of Citizens and permanent residents in Canada have some sort of private health insurance most usually provided and subsidized by their employers. Those little gaps left by Medicare are filled up by this Private health insurance.

So, things like prescription drug plans, eye examinations, eyeglasses, professional health services, and other additional healthcare needs are attended to by Private health insurance.

Unlike other countries, most Canadian private health insurers offer flexible plans and competitive rates tailored to each territory and province. Below is the average cost of Canadian health insurance for each month:

Private Health Insurance in Canada
Type of Coverage Monthly Cost
Family $175
Single Parent – Father $78
Single Parent – Mother $110
Individual Male $47
Individual Female $80

Information Source: Monster Canada.

NOTE: Immigrants who just newly arrive in Canada can possibly wait for a period of 3 months before they can access Medicare; notwithstanding, it all depends on which province in Canada you live in.

How Much Will it Cost to Stay Fit in Canada?

cost of staying fit in Canada

If your weekly routine includes exercise, then you can find out how much you need to budget to get your blood flowing properly in Canada.

Both yoga enthusiasts and gym rats have thousands of health clubs across Canada, and they all fit different types of budgets. Below is an average cost for a fitness membership for each month:

Gym Membership in Canada
Type of Facility Monthly Cost
Chain gym (basic amenities) $10
Mid-range option (spa services) $40 – $60
High-end gym $190-$205 (unlimited in-club classes and cold eucalyptus towels)


Other Fitness Costs
Type of Fitness Program Monthly Cost
Crossfit $124,80
Yoga $29 per class/ unlimited classes for $196 per month
Zumba $75
Kickboxing $120 (4 classes)/ $200 (8 classes)
MMA $105

If you also want to keep fit but without having to pay for it, then you can try to participate in a weekly park run around your area. You can also opt for a scenic hike around so many beautiful parks in your area.

4. Entertainment, Utilities, and Transit Costs in Canada

Transportation Cost in Canada

Canada is among the countries with an effective public transportation system usually in metropolitan areas like Vancouver, Toronto, and Calgary. You can decide to use between a subway, bus, tram, light-rail train, or an Uber ride.

But in coastal areas like the Atlantic region, British Columbia ferry boats are usually the commonest way of traveling.

Type of Transport Average Cost
Bus – Monthly Pass $165 (adult)
Subway – Weekly Pass $43
Lyft/Uber $8 per km
Gas $1.197 per liter
Ferry $17 per person (one-way)

Cost of Utilities in Canada

There are some areas and provinces in some instances that include utilities in the rent. But if the place you find yourself doesn’t do the same, then you’ll be responsible for your gas/electricity and cable and internet bills.

Places like Québec have the most affordable electricity prices in the whole of Canada. Meanwhile, Northwest Territories have the costliest electricity prices. Residents of Québec City pay for the costliest home internet plans while residents in Halifax pay the lowest.

Canada has is among the countries with some of the highest mobile data rates; for instance, you get 1GB for $12.55. So what’s more? Car insurance is needed by law everywhere in Canada.

Utilities Average Cost
Electricity 17.4¢/kWh
Home Internet Plan $53 per month
Data $12.55 for 1GB
Car Insurance $80 – $109

Cost Of Sightseeing and Activities in Canada

If there’s room for fun, then you would want to check out the list of costs for sightseeing and other fun activities in Canada. Canada is one of the decent countries for exploring nature and cityscapes as well as architecture.

You will find crystal blue lakes with breathtaking National Parks and hiking trails down to popular sports teams to cheer during games and the world-famous skyscrapers.

Read Also=>> Worst Places to Live in Canada for Students and Immigrants.

Activities in Canada Average Cost
Hockey Match $88 per person at Bell Centre
Movie Theater $10.99 – $12.99 per ticket
Niagara Falls Day Tour $139 per person
Northern Lights Package $529 per person (2-nights)
Visit a National Park $10 per person or an annual pass for $136

Cost of Immigrating to Canada 2024

Cost of Moving to Canada in 2024
Immigration Class Costs
Principal Applicant for Economic Immigration Class $825
Principal Applicant for Economic Business Immigration Class $1, 575
Spouses and Common-Law Partner of Principal Applicant $825
Dependant Children of Principal Applicant $225
Right of Permanent Resident Fee $500
Settlement Funds Approximately $12, 960 for the Principal Applicant and an additional $3, 492 per family member/dependant person.

NOTE: Many successful immigration applicants usually enlist the professional help of accredited immigration agencies to help guide them through the difficult Canadian immigration process and system. This is the reason we recommend you work with agencies that work hand in hand with licensed immigration consultants, as well as immigration lawyers.


To be sincere, the cost of living in Canada is a lot more affordable when compared with places like the USA, Australia, and other top immigration destinations. Websites like provides quality immigration services to lots of international clients.

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