Cost of Living in Canada
Answer a few questions to calculate your estimated monthly expenses in Canada
Why use Arrive’s cost of living calculator?
As a newcomer to Canada, proper planning and budgeting is essential for your financial success. Before you arrive, you should estimate how much money you’ll need to cover your living expenses in Canada during your first few months. It can take some time to find a job in Canada, so it’s important that you bring enough funds to cover at least six months’ expenses for yourself and your family.
The cost of living in Canada can vary significantly based on the city you’re in and your lifestyle. Arrive’s cost of living calculator helps you estimate your monthly expenses in Canada with a few basic questions. You can then use this estimate to create an accurate budget and financial plan for your new life in Canada.
Calculate your cost of living in Canada and arrive prepared for financial success
Your financial security is a priority as you start your newcomer journey in Canada. If you’re moving to Canada as a permanent resident, you’ll need enough funds to cover not only the cost of immigration, but also a few months’ worth of living expenses in Canada. Your cost of living in Canada will depend on various factors, including the city you’re moving to, the type of accommodation you opt for, and your preferred mode of transportation. In addition, you’ll have to account for groceries, food, entertainment, insurance, and other day-to-day costs.
As a newcomer, you may have to rely on your savings initially, until you find your first job in Canada. By estimating your living expenses in Canada before you arrive, you can create a budget and plan your expenses wisely.
With Arrive’s cost of living calculator, you can estimate your monthly expenses in Canada and compare the cost of living in various cities. Just answer a few simple questions and get a detailed breakdown of your expected living expenses in Canada within five minutes!
Our cost of living calculator also gives you an idea of how much money you can save by altering certain lifestyle choices, such as by living outside the city centre or using public transportation instead of buying a car. This gives you the flexibility to make prudent financial decisions, without compromising on essential expenses as you start your new life in Canada.