Living in Toronto, Ontario
Toronto is the capital of Ontario and the most populous city in Canada, with a population of 2,731,571 in 2016. In 2016, the Toronto census metropolitan area (CMA) held a population of 5,928,040 that makes it Canada’s most populous CMA.
The number of international students in Canada by the end of 2017 was 494,525 which a large part of the international students’ population is concentrated in Toronto. However, studying abroad comes with a series of challenges for international students, especially in terms of expenses.
The average rental price in Toronto is around $500 to $4000 per month depending on the house you are renting. As is always the case, if you share an apartment it will be a lot cheaper. a three-bedroom apartment in Toronto cost just over $1,000 per month per person for somewhere in the city centre, and between $800-900 in the suburbs.
While the cost of food depends on your needs per day, the average cost can be around 120 $ to 300$ per month. It mostly depends on how much you spend on take0outs and coffee shops.
Using public transportation is a great way to cut on your cost. In Toronto a one-way ticket of public transportation will cost you 3.25 C$ and as your monthly pass will cost you something about 147 C$ but by using TTC Metropass student your transportation fees will reduce to 112 C$ per month.
If you’re coming from outside of the US (Europe in particular) you’ll find the price of gasoline cheaper about 1.21 per litre.
Studying in Toronto
Cost of studying in Toronto depends on your situation as a student. International students must pay a price between12000-20000 C$ based on the major you are studying annually while Canadian students must pay 3000 to 5000 C$ for a year.
|Utilities||hydro||$35-55 per month depending on electricity usage|
|water||$20-40 per month depending on water usage (faucet/shower use, washing machine, etc.)|
|Cellphone||$50 per month (varies by plan)|
|internet||$30 per month for basic service + $70/month for unlimited service (varies by service provider)|