List of Expenses You Need to Study in Canada as an International Student

Pursuing education in Canada is the best way to make a bright future. The majority of students believe that getting degrees from the top institutions in Canada assists them in making a generous career. However, studying in Canada is an expensive deal so it is important to know about the expenses you need to manage while studying there.

This article covers all the expenses you must cover as an international student in Canada. We all know that it requires around 25,00000 INR to study in Canada. Well, this is only the cost of my first year in Canada as an international student. We have mentioned monthly expenses in this article to get a complete idea of the cost.

Well, suppose you want to get affordable immigration services to apply for your Canada study visa. In that case, you can approach the best Canada study visa consultants who can guide you through the entire process of visa application.

Let’s have a look at the total expenses you need to cover while studying in Canada:

Accommodation Cost

First of all, it is important to look for accommodation because shelter is highly required while studying in Canada. Both on-campus and off-campus housing are available to students, though prices may differ. The number of students sharing the accommodations and your province also affects the price.

Generally, the accommodation rent starts from 500 CAD per month. However, if you take a private apartment, the cost could be around 1000-1200 CAD per month. It includes electricity bills, laundry costs, and wifi bills. However, in case laundry is not included, you can move to the nearby laundry stations to wash your clothes.

Well, if you want to purchase your own house in Canada, you need to pay monthly installments. Well, the best part about buying your own house is that you can give a portion of the rent which will help you earn well.

Travel cost

Since hardly everyone owns a car, students must take buses and trains to get from one location to another. Due to the necessity of moving from home to college and employment, students must travel daily. Hence, they need to manage traveling costs perfectly while studying in Canada. Most commonly, the travel expenses range from 80 CAD to 120 CAD per month.

However, if you purchase a car, you need to pay the installments every month, which can vary depending on the car you purchase. You also need to pay maintenance charges and the cost of petrol or diesel.

Food Expenses

To handle various tasks while studying in Canada, you need energy. Well, food is the biggest source of energy. If you prepare food at home, you need to spend on groceries. However, you must pay hefty prices if you dine out or order food online. Since it's the cheapest and healthiest choice, most students prefer to prepare their meals at home. A single person's food expenses can be between 200 CAD to 250 CAD. However, if you eat at restaurants, the cost will be higher than this.

Medical Insurance

International students must have to take medical insurance before their study program starts in Canada. You also need to pay your medical insurance as well while living abroad. With the help of health or medical insurance, you can get medical care throughout your study program. Mostly, health insurance covers basic medical care and it does not cover services related to dental and eye care.

Well, the education cost in Canada is less than in many other foreign nations. So, if you want to study in Canada, you can connect with the best Canada visa consultant. They will provide you a detailed information regarding the visa application process.

Wrapping Up

To wrap up, although the cost of studying in Canada is high, you can easily manage all the finances by making a budget plan. So, spend your money wisely and save money to pay tuition fees for the next year.