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Cost of Living In Canada For International Students: Monthly Expenses 2024

Living in Canada as an international student can be an exciting and enriching experience. Canada is a welcoming and multicultural country with a high standard of living and excellent educational opportunities. Here are some things you can expect as an international student studying or with intention of doing so in Canada:

  1. Accommodation: As an international student, you can choose to live on-campus or off-campus. On-campus housing is a popular option among students, as it offers easy access to university facilities and social activities. Off-campus housing can be more affordable, but it may require a longer commute to the university.
  2. Education: Canada has some of the best universities in the world, offering a wide range of programs and courses. As an international student, you can benefit from high-quality education and gain valuable skills and knowledge that can help you in your future career.
  3. Cultural diversity: Canada is a multicultural country, with people from different ethnic and cultural backgrounds living and studying together. This provides an opportunity for international students to learn about different cultures and perspectives, and to make friends from around the world.
  4. Work opportunities: As an international student, you can work part-time on-campus and off-campus. This can help you gain valuable work experience, earn extra income, and improve your language skills. After graduation, you may also be eligible for a work permit to stay and work in Canada.
  5. Healthcare: International students in Canada are required to have health insurance. Most universities offer health insurance plans that cover basic medical services, but you may need to purchase additional coverage for dental and vision care.

The cost of living in Canada for international students cannot be overemphasized, to properly plan your studies in Canada as an international student, it is essential to know your budget plan and know how much you spend. Accurate planning of your cost of living is also essential for students applying for Visa. The embassy wants to be sure you have enough funds to cater for your entire stay not excluding your tuition fee. This goes a long way to tell how important this article can be helpful from various angles.

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Judging from the high influx of people into Canada especially from Africa and other developing countries, it has become increasingly necessary to educate students with such ambition.

Before discussing the Canada living cost for international students, it is important you know the benefit of being an international student studying in this magnificent country.

There are many benefits of studying in Canada as an international student, including:

  1. Quality Education: Canada is known for its high-quality education, with many top-ranked universities and colleges offering a wide range of programs and courses. Studying in Canada can provide you with a solid education foundation and valuable skills that can help you succeed in your future career.
  2. Multicultural Environment: Canada is a welcoming and diverse country, with people from all over the world living and studying together. Studying in Canada can provide you with an opportunity to learn about different cultures and perspectives, and to make friends from around the world.
  3. Work Opportunities: As an international student, you can work part-time on-campus and off-campus. This can help you gain valuable work experience, earn extra income, and improve your language skills. After graduation, you may also be eligible for a work permit to stay and work in Canada.
  4. Post-Graduation Work Permit: Canada offers a post-graduation work permit (PGWP) to international students who have graduated from a Canadian university or college. This allows you to work in Canada for up to three years after graduation, giving you valuable work experience and an opportunity to apply for permanent residency.
  5. Affordable Education: Compared to other top study destinations, Canada offers affordable education options, with reasonable tuition fees and living expenses. There are also many scholarships and funding opportunities available for international students.
  6. Quality of Life: Canada is consistently ranked as one of the best places to live in the world, with a high standard of living, excellent healthcare, and a safe and welcoming environment. Studying in Canada can provide you with a high-quality education and an opportunity to enjoy a great quality of life.

Studying in Canada as an international student can be a rewarding experience, providing you with high-quality education, valuable work experience, and an opportunity to explore a new country and culture.

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Now to the crux of the matter, one which every student is more interested in, which is the cost of studying in Canada as an international student.

Cost of Living expenses in Canada vary according to each person because it depends on your buying habits and interests. The expenses of a student who likes to have fun out constantly is definitely going to be higher than the students who prefers to take a more relaxed life most especially for international students.

Cost of Living In Canada For International Students: Monthly Expenses [year] 1

It is best to take a package of study including host family accommodation (homestay). You will not have to spend on food in the house and have almost everything needed to live.

Overall, excluding the cost of hosting and depending on your buying habits, cost of living in Canada for international students is estimated to fall within the range of 400 to 500 Canadian dollars a month for 2024.

We at schoolings.org have done proper verification most especially from a large number of Nigerian students schooling in Canada and we have broken the cost of living for international students per month. see below for the break down.

Cost of Living in Canada For International Students

The cost of living in Canada as an international student can vary depending on various factors such as the location of the university, the lifestyle of the student, and the type of accommodation chosen.

As of 2024, the Canadian government requires international students to have at least CAD 10,000 per year to cover their living expenses, in addition to the cost of tuition fees.

Here are some estimated costs for international students in Canada:

  1. Tuition fees: The tuition fees for international students in Canada can range from CAD 15,000 to CAD 40,000 per year, depending on the program and the university.
  2. Accommodation: The cost of accommodation can vary based on the location and the type of housing. For example, on-campus residence can cost between CAD 5,000 and CAD 10,000 per year, while off-campus housing can cost between CAD 6,000 and CAD 12,000 per year.
  3. Food: The cost of food can range from CAD 3,000 to CAD 5,000 per year, depending on the eating habits and preferences of the student.
  4. Transportation: The cost of transportation can vary depending on the location of the university and the mode of transportation chosen. A monthly transit pass can cost around CAD 100 to CAD 150 per month.
  5. Health Insurance: International students in Canada are required to have health insurance. The cost of health insurance can range from CAD 600 to CAD 1,000 per year.
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Ins summary, the cost of living in Canada as an international student can range from CAD 20,000 to CAD 30,000 per year, in addition to the cost of tuition fees.

Living in Canada as an international student can be a rewarding experience, providing you with a world-class education, cultural diversity, and exciting opportunities for personal and professional growth.

With the above, simply broken down, international students with the ambition of going abroad to study can confidently plan his or her budget knowing fully well the cost of living abroad for international students in Canada at his or her finger tips.

If you have any question(s) as regards the subject matter, kindly scroll down to the comment section of this article to send your questions and we will be on hand to respond immediately.

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