How much does it cost to live in Canada?
Here's a look at what Canadians' top spending items will look like in 2023.
In this article, we've compiled information on the cost of living in Canada in 2023 for a single person and a family. The amounts given are very tentative: they can vary depending on the province and city, and whether you live in the center or in the outskirts.
How much does it cost to live in Canada? The shortest answer is "expensive. Prices in this country are high. However, wages are high too, so Canadians can afford to spend that kind of money and even save up. Another positive difference is that Canada pays equally well those who physically and intellectually. Plumbers and nail artists as well as accountants and teachers are paid handsomely. And there are plenty of jobs, so it's not hard to find them.
What is the average wage in Canada?
According to various sources, in 2023 the average wage of Canadians will be about CAD 60 000. You should not rely on this figure, because it does not help you predict your income in Canada. It is better to find data on how much people of your profession earn in the country, and to look at the listed wages of jobs that suit you.
How much does it cost to rent a place?
This figure depends most strongly on the locality. It makes sense that housing in Saskatoon would be much cheaper than in Victoria. Ontario is the most expensive province in this regard, and New Brunswick is the cheapest. The national average for renting a one-bedroom apartment is CAD 2 000 per month. For a family of 3-4 people the amount will be higher — on average Canadians pay CAD 3 000 for an apartment for parents and children. Much depends on its size and number of rooms. If you have a pet, the cost of housing will be even higher, and there are fewer choices. But the prices are affordable: many of our clients and team members live in rented accommodations with their cats and dogs.
It is important to know that you will have to furnish the apartment yourself-it is a custom in Canada. Usually rent apartments there with a minimum of amenities, and tenants bring their own chairs, beds, dining tables, and chairs. Fortunately, you can buy used furniture cheaply.
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