• Study Abroad

Cost of Living in Canada for Indian Students in 2024

4233 Reads
3 min Read

By:CANAM Group
Updated On:Apr 30,2024 03:21 PM IST

Canada is a top choice for Indian students as it offers vast prospects for personal and professional growth. The blog highlights Canada’s appeal as a study abroad destination, focusing on the cost of living in Canada. Discover why Canada stands out as an affordable choice for pursuing higher education abroad.

Cost of Living in Canada for Indian Students in 2024.webp

Canada, one of the most preferred study destination, offers abundant prospects for a student’s career growth. The cost of living in Canada is one of the standout advantages of studying in the country. Choosing the maple country not only promises to offer affordable living expenses but also top-notch education.

Canadian universities offer estimated living costs, aiding students in effective financial planning. This blog serves as a guide to understand the latest updates on the living cost of Canada in 2024, the benefits of choosing the country, effective tips to reduce the cost of living and much more.

Reasons for Considering Canada as a Study Abroad Destination

Choosing a study abroad destination can be an intimidating task. Students aspiring to pursue their higher education overseas can choose Canada as their next chapter, where world class education meets vibrant culture and exceptional opportunities.

Reasons	Description
Globally Recognized Universities	Canada houses top ranked universities offering a spectrum of innovative programs
Innovative Teaching Approaches	Universities in Canada employ interactive and modern teaching methods, fostering engaging and effective learning experiences. These methods equip students with the skills and knowledge crucial for academic and career success.
Job Opportunities	Upon graduation, international students studying in Canada can apply for a work permit that allows them to stay in the country and work for up to three years. The post study job opportunity can help students gain Canadian work experience.
Post-Graduate Work Opportunities	Canada's immigration policies allow international students to gain valuable post-graduate job opportunities, potentially leading to permanent residency.
Research Opportunities	The country is a leader in various research fields, offers students unique opportunities to collaborate with renowned researchers and engage in several projects.

Education System in Canada

The Education System in Canada stands as one of the world's finest, renowned for its exceptional faculty and remarkable university infrastructure. It not only provides an outstanding learning environment but also presents incredible opportunities. Additionally, there are attractive options for assistantships, on-campus jobs, and diverse financial incentives for students pursuing advanced education prospects in Canada. The ability to work part-time during studies and the availability of post-coursework employment opportunities under a valid study permit further elevate the appeal of higher education in this country.

Latest Update on Cost of Living in Canada for 2024

As per the latest update, Canada announced to increase the cost of living financial requirement by two times for international students beginning January 1, 2024. According to which, starting next year, prospective students will need to show a proof of financial support (in addition to travel and tuition fee) of 20,635 CAD instead of 10,000 CAD requirement. The change will apply to new study permit applications in Canada received on or after January 1, 2024.

Despite the hurdle, Canada's educational allure remains. Quality education, diversity, and post-graduation opportunities still shine brightly. With meticulous planning and resourceful spirit, the dream to study in Canada is within reach, even with the revised cost of living requirement.

Factors Affecting the Cost of Living in Canada

There are various factors that play a major impact on the Canadian cost of living. Significant expenditures include transportation, groceries, utilities, and rent. The choice of city greatly influences these costs, with metropolises like Toronto and Vancouver typically posing higher expenses compared to smaller cities. Moreover, a student’s lifestyle preference significantly contributes to their overall cost of living. Practicing financial mindfulness and strategic budgeting allows one to optimize their Canadian experience while managing expenses sensibly. Here are two major factors influencing the living cost in Canada

Factors	Description
Based on Educational Institutions	It is evident that living costs fluctuate depending on the city where the university is situated. Each college's living expenses are contingent upon the specific university a student intends to join.
Choice of Location	Living expenses in urban areas are generally more those in the suburbs. While on-campus housing is a preferred choice for many students, it might not always be the most economical but certainly remains a convenient option. Vancouver and Toronto stand out as Canada's most expensive cities to reside in, with Toronto experiencing an escalating cost trend due to the scarcity of affordable housing.

Average Cost of Living in Canada for Indian Students

Students aspiring to study in Canada must set aside funds for their essential daily needs and emergency expenses. One must also be prepared for recurring costs such as accommodations, food and groceries, travel, Health insurance, and much more. To effectively handle the living expenses in Canada, one must apply for Student Identification Card, on reaching Canada for additional benefits. The below attached table provides an idea of the estimated monthly cost of living in Canada for Indian Students.

EXPENSES	COST (Approximately)
Accommodation (shared apartments)	$400 – $900
Travel	$100 – $120
Food	$300- $400
Entertainment	$150-$200
Health Insurance	$70-$80
Utilities (Electricity, cooling, water, heating, garbage)	$160-$165

Tips to Reduce Cost of Living in Canada

Tips to reduce cost of living in canada.webp

Housing Hack	Share rent in apartments or homestays, or explore cheaper off-campus options.
Foodie on a Budget	Skip takeout, cook at home, and plan meals in advance.
Travel Smart	Hop on buses and trains, or walk/bike for short trips.
Budget Boss	Track spending, prioritize needs, and choose an affordable health plan.
Team Up	Save by sharing groceries, rides, and fun activities with other students.

Education Expenses in Canada

The education cost in Canada might vary depending on the course and university one chooses to opt for. Every year, universities review their tuition fees for both international undergraduate and graduate students. It is thus important that students verify the latest tuition fee before applying to their preferred universities in Canada. Indian students aspiring to study in Canada often encounter the task of finding suitable courses and universities that align with their financial limits.

Scholarships, part-time jobs, and financial aid options can also ease the financial burden for international students. Conducting thorough research and exploring available resources can assist Indian students in making informed decisions about their academic pursuits in Canada.

Healthcare System in Canada for Indian Students

Canadian Healthcare system offers several benefits to Indian students and it is one of the reasons why students prefer to study in Canada. The benefits include doctor visits, hospital care, and emergency services. Students can further avail additional benefits such as prescription medications, dental, and vision care. It's advisable for Indian students to explore obtaining private health insurance to manage these supplementary costs.

healthcare benefits in canada for indian students.webp

Conclusion

Canada presents itself not merely as an academic destination but as a transformative journey, promising academic brilliance, a dynamic culture, and a gateway to bright career prospects. With appropriate guidance and approach, Indian students can initiate a rewarding educational expedition in the maple country, supported by Canam Consultants' expertise and guidance, all amidst understanding the cost of living in Canada.

FAQ

What factors affect the cost of living in Canada?

Some of the factors affecting the living costs in Canada are: University locations, lifestyle choices, cities etc.

Can a student work part-time while studying in Canada?

International students with valid study permits can legally work part-time during their studies, offering a great way to gain valuable experience and earn extra income.

Is Canada a good option for Indian students to study in?

Canada proves to be an excellent choice for Indian students aiming for higher education. It boasts top-notch universities, a hospitable atmosphere, and abundant job prospects, providing students with a fantastic opportunity to expand their knowledge and acquire essential academic and professional abilities.

Is it mandatory to have medical insurance before going to Canada for higher studies?

Yes, international students in Canada must have medical insurance. All international students need health insurance to cover their stay. It is mandatory because Canada's public health insurance programs do not cover international students.

Is English Language Proficiency test mandatory for Canada?

Candidates must prove their English language skills to pursue higher studies in Canada.

Get great articles direct to your inbox

The latest news, articles, and resources, sent straight to your inbox every month.

Popular Universities to Study Abroad

World class education waiting for you.

Trinity Western University - Richmond Campus

British Columbia, Canada • 5 Programmes

Tuition Fee : CAD 0-0 / year

Devry University - San Diego Campus

California, USA • 31 Programmes

Tuition Fee : USD 15000-16500 / year

Australian Institute of Business Intelligence (AIBI) - Sydney Campus

New South Wales, Australia • 3 Programmes

Tuition Fee : AUD 21500-22000 / year

Niagara University - Vaughan Campus

Ontario, Canada • 10 Programmes

Tuition Fee : CAD 0-0 / year

Wrexham University - Northop Campus

Wales, UK • 3 Programmes

Tuition Fee : GBP 11000-13000 / year

University of Aberdeen - Foresterhill Campus

Scotland, UK • 517 Programmes

Tuition Fee : GBP 17000-23000 / year

Manukau Institute of Technology - Otara Campus

Auckland, New Zealand • 7 Programmes

Tuition Fee : NZD 20300-24700 / year

American National University - Louisville Campus

Kentucky, USA • 12 Programmes

Tuition Fee : USD 0-0 / year

View All Universities

Latest at CANAM

Events, webinar, college / university visits and more.

The International Education Fair

Study in Canada, UK, USA, Australia, New Zealand, Dubai, Singapore, Germany, Ireland, France

Amritsar • 11:00AM

In-Person Event

University Visit - University of Law, UK

Study in UK • University Visit

Mohali • 10:30AM

In-Person Event

University Visit - Canterbury Christ Church University, UK

Study in UK • University Visit

Chennai • 10:00AM

In-Person Event

Top countries destinations

Popular university and colleges for Studying abroad.

Bond University Queensland
Central Queensland University - Rockhampton, North Campus Queensland
Charles Sturt University - Wagga Wagga Campus New South Wales
Deakin University - Geelong Waurn Ponds Campus Victoria
Engineering Institute of Technology - Perth campus Western Australia
Griffith University - Nathan Campus Queensland
La Trobe University - Bendigo Campus Victoria
LCI Melbourne - Art & Design School Victoria

Ara Institute of Canterbury - City Campus Southland
Aspire 2 International - Auckland Campus Auckland
Auckland University of Technology - City Campus Auckland
Eastern Institute of Technology - Hawke Bay Campus Hawke's Bay
Manukau Institute of Technology -Manukau Campus Auckland
Massey University - Auckland Campus Auckland
Nelson Marlborough Institute of Technology (NMIT) - Nelson Campus Southland
New Zealand Institute of Business & Technology (NZIBT) Auckland
The University of Waikato - Hamilton Campus Hamilton

Kent state university Ohio
San Jose State University California
Wright State University Ohio
Clark University Massachusetts
Rowan University New Jersey
Arkansas State University Arkansas
University of Wisconsin Milwaukee Wisconsin
Southern Illinois University Edwardsville Illinois
University of Findlay Ohio

Popular English Language Proficiency Exams

Blogs and Articles

Curated content to keep you updated on the latest education trends, news and more.

Masters in International Business (MIB) in USA

Masters in International Business (MIB) is a 1-2 years long postgraduate degree program offered in the USA. The program offers a unique blend of busin...

Updated on • Nov 05,2024 04:12 PM IST • USA

IELTS Line Graph Model Answer

IELTS Line Graph is one of the two tasks of IELTS writing section. In this task, you will get a visual representation to explain in 150 words. It show...

Updated on • Nov 02,2024 04:35 PM IST • IELTS

Common Reasons for Student Visa Rejection in the USA

Studying in the United States is a dream for countless students worldwide. The idea of exploring expansive campuses, connecting with a diverse global ...

Updated on • Nov 01,2024 05:40 PM IST • USA

Why Study in France

Art and culture are among the most attractive factors that make France a wonderful choice as a study destination. The Eiffel Tower, Notre-Da...

Updated on • Nov 01,2024 01:41 PM IST • France

Study in New Zealand After Graduation

Thinking about pursuing your higher education in a serene and culturally diverse country? New Zealand is indeed your best option! The sceneries of Ne...

Updated on • Oct 29,2024 04:17 PM IST • New Zealand

Statement of Purpose (SOP) for Undergraduates : Format, Sample & Expert Tips

The Statement of Purpose is a cornerstone of every student's dream of pursuing higher education in a foreign country. An SOP allows students to highli...

Updated on • Oct 28,2024 05:52 PM IST • SOP

January Intake in UK : Universities, Timeline, Deadlines & More

Before choosing the UK as your study abroad destination, it is essential to learn about the three study intakes: Fall, Winter, and Summer, beginning i...

Updated on • Oct 28,2024 04:17 PM IST • study in the UK

Part-time Jobs for International Students in USA

A part-time job is more than just extra income; it's a stepping stone to experience, grow, and discover your potential. Going by this quote you might ...

Updated on • Oct 25,2024 05:56 PM IST • USA

Top Perks of Studying in New Zealand

Every year, a large number of students take a leap towards their dream by beginning to study in New Zealand. This island country has the all resource...

Updated on • Oct 25,2024 01:54 PM IST • New Zealand

Top MBA Courses to Specialize in Abroad

MBA (Master of business administration) is a prestigious postgraduate qualification recognized internationally. It is designed to develop ...

Updated on • Oct 25,2024 01:52 PM IST • Study Abroad

Study Abroad: Physiotherapy Guide

With mechanization and inactive lifestyles, people face common muscular-skeletal problems that include neck pain, osteoarthritis knee, backache, a...

Updated on • Oct 25,2024 01:42 PM IST • Study Abroad Guidance

Linking Words for IELTS Speaking - Word List & Tips

Linking words serve as the verbal "glue" that holds your ideas and phrases together. They aid in making connections between your sentences and are cru...

Updated on • Oct 25,2024 01:28 PM IST • IELTS

IELTS Writing Task 2 - Academic and General Topics with Sample Answer

The second component of the IELTS writing test, IELTS Writing Task 2, asks you to produce an essay in response to a point of view, an argument, or a p...

Updated on • Oct 25,2024 01:26 PM IST • IELTS

IELTS Writing Task 2: Tips, Lessons & Models

IELTS Writing task 2 is an essay writing question, and there are a few techniques or strategies that can help you tackle each question uniquely and sy...

Updated on • Oct 25,2024 01:21 PM IST • IELTS

IELTS Test Report Form (TRF): Number, Tracking, Validity and Sample

After taking the IELTS test, a scorecard is received with overall and band scores for each of the module- listening, reading, writing and speaki...

Updated on • Oct 25,2024 01:01 PM IST • IELTS

IELTS Speaking Samples and Answers

The three parts of the IELTS Speaking test take between five and fifteen minutes to complete. The sub-test consists of a talk with a qualified examine...

Updated on • Oct 25,2024 12:59 PM IST • IELTS

IELTS speaking part 3 topics

IELTS has four components on which a candidate is marked: Writing, Listening, Reading and Speaking. The IELTS speaking consists of an 11 to 20-minute ...

Updated on • Oct 25,2024 12:55 PM IST • IELTS

IELTS Speaking Cue Cards

IELTS Speaking One of the modules of an IELTS Exam is the Speaking Module. The Speaking module tests your ability to speak the English Language on ...

Updated on • Oct 25,2024 12:52 PM IST • IELTS

IELTS Sample Charts for Writing Task 1 Practice

IELTS WRITING TASK 1 (Academic Paper) is a report that includes multiple charts such as bar charts, line graphs, tables, pie charts, diagrams, process...

Updated on • Oct 25,2024 12:49 PM IST • IELTS

IELTS GT Writing Task 1/ IELTS Letter Writing

The IELTS letter-writing section evaluates your everyday language use. It also checks your ability to integrate into an English-speaking culture. The ...

Updated on • Oct 25,2024 12:48 PM IST • IELTS

Cost of Living in Canada for Indian Students in 2024

Table of Contents

Reasons for Considering Canada as a Study Abroad Destination

Education System in Canada

Latest Update on Cost of Living in Canada for 2024

Factors Affecting the Cost of Living in Canada

Average Cost of Living in Canada for Indian Students

Tips to Reduce Cost of Living in Canada

Education Expenses in Canada

Healthcare System in Canada for Indian Students

Conclusion

FAQ

Events, webinar, college / university visits and more.

Popular university and colleges for Studying abroad.

Bond University Queensland

Central Queensland University - Rockhampton, North Campus Queensland

Charles Sturt University - Wagga Wagga Campus New South Wales

Deakin University - Geelong Waurn Ponds Campus Victoria

Engineering Institute of Technology - Perth campus Western Australia

Griffith University - Nathan Campus Queensland

La Trobe University - Bendigo Campus Victoria

LCI Melbourne - Art & Design School Victoria

University Canada West British Columbia

University of Windsor Ontario

Dalhousie University Nova Scotia

Carleton University Ontario

Cape Breton University Nova Scotia

University of ottawa Ontario

University of saskatchewan Saskatchewan

University of regina Saskatchewan

University of guelph Ontario

Ara Institute of Canterbury - City Campus Southland

Aspire 2 International - Auckland Campus Auckland

Auckland University of Technology - City Campus Auckland

Eastern Institute of Technology - Hawke Bay Campus Hawke's Bay

Manukau Institute of Technology -Manukau Campus Auckland

Massey University - Auckland Campus Auckland

Nelson Marlborough Institute of Technology (NMIT) - Nelson Campus Southland

New Zealand Institute of Business & Technology (NZIBT) Auckland

The University of Waikato - Hamilton Campus Hamilton

University of Warwick England

De Montfort University England

University of West London England

University of Strathclyde Scotland

Aston University England

University of Bath England

University of Liverpool England

Durham University England

Newcastle University England

Kent state university Ohio

San Jose State University California

Wright State University Ohio

Clark University Massachusetts

Rowan University New Jersey

Arkansas State University Arkansas

University of Wisconsin Milwaukee Wisconsin

Southern Illinois University Edwardsville Illinois

University of Findlay Ohio

Popular English Language Proficiency Exams