Cost of Living in Canada: Toronto vs Calgary vs Vancouver

Moving to Canada requires realistic planning. Your budget will depend heavily on which city you choose.

Toronto

• One-bedroom apartment: CAD 2,000 – 2,700/month
• Transit pass: CAD 150/month
• Groceries for one person: CAD 300–450/month
• Strong job market in finance, tech, and healthcare
• Higher housing costs and commute times

Calgary

• One-bedroom apartment: CAD 1,400 – 1,900/month
• Transit pass: CAD 115/month
• Groceries for one person: CAD 250–350/month
• Lower housing costs than Toronto or Vancouver
• Strong energy and technology sectors

Vancouver

• One-bedroom apartment: CAD 2,200 – 3,000/month
• Transit pass: CAD 105/month
• Groceries for one person: CAD 300–450/month
• Mild winters and beautiful surroundings
• Among the most expensive housing markets in Canada

Budget plan for newcomers

1. Start with 6–12 months of expenses in savings.
2. Rent first, buy later. Most newcomers rent for at least a year.
3. Budget for first-month rent, last-month rent, and a damage deposit.
4. Get a phone plan, transit pass, and health card early.
5. Track your budget for the first three months to spot surprises.

Hidden costs to remember

• International student fees are higher than domestic fees.
• Car insurance can be expensive in Ontario.
• Taxes are deducted from salary before you receive it.
• Professional credential assessment can cost money.

Costs change over time. Use the latest averages from government or rental websites when planning.