Moving To Canada From The U.S. — Part 2: The Cost Of Living In Canada

Paula B. Azevedo
2 min readApr 28, 2021

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The cost of living in Canada
Source: Shutterstock

The cost of living in Canada, like that in the U.S., can vary widely depending on where you live.

Cities like Vancouver and Toronto have high costs of living due to housing costs. In comparison, Montreal is far more affordable and offers the same big city vibrancy and culture of Vancouver and Toronto with a French twist.

Read more: Vancouver vs Toronto: Cost of Living Comparison

Average Rental Cost in Canada

City Comparison: Toronto, Vancouver, and Montreal

The cost of living in Canada, comparing Toronto, Vancouver, and Montreal
Source: liv.rent

Other mid-sized cities like Quebec City and Winnipeg, Manitoba are considerably cheaper.

Though Canada is considered to be one of the world’s more expensive countries, for Americans, the cost of living is relatively reasonable.

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Average Living Expenses in Canada

City Comparison: Vancouver and Toronto

Source: liv.rent

Average Cost of Living in Canada

Overall, the national average cost of living for a single person is estimated to be $2,730 per month and $5,158 per month for a family of four. And, remember, that’s Canadian Dollars, not U.S. Dollars!

What is the average cost of living in Canada?
Source: liv.rent

There you have it! A quick summary on the cost of living in Canada.

Don’t miss Part One of “Moving To Canada From The U.S.” series >> Differences Between Canada and The U.S.

Stay tuned for the next part in this series that talks about the immigration process from the U.S. to Canada.

And don’t forget to hit the clap for me if you want to see more stories like this.

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Paula B. Azevedo
Paula B. Azevedo

Written by Paula B. Azevedo

Rental resource expert and leader at liv.rent, who loves to help both renters and landlords navigate the rental landscape with ease.