The Cost of Studying in Canada

This article will conclude with the cost of studying in Canada for international students. Basing our estimate on the following:

  • Tuition fee in Canada for:
  • Undergraduate
  • Graduates and
  • MBAs
  • Cost of Housing:
  • On-campus housing
  • Campus Housing and Utilities
  • Cost of transportation
  • Means of transportation
  • Cost of Health Insurance
  • Cost of living in Canada
  • Means of cost elevation
  • Government-funded aid and Scholarships
  • Institutions funded and aids program
  • Cheapest Universities in Canada
  • FAQs
  • Close Up

Cost of Studying in Canada

The cost of Studying in Canada is wrapt of the schooling program with housing and utility costs. Students staying off campus may need to utilize a means of transportation to school. This contributes to the rise in cost. You should stay on campus or stay within a walkable distance from your school.

Let’s talk about health insurance for international students. Some provinces have put in place techniques to help foreign students undertake an insurance policy before they arrive in Canada but some haven’t. Whatever it is, foreign students must have health insurance going on. That’s more expenses.

The more alarming factor may be to scale through the overall cost of living in Canada which can put students in a strait to fend for themselves.

In an attempt to alleviate some burden, the Canadian Government and Learning institutions came up with financial aid and Scholarship programs that have made it easier for international students all over the world to achieve a successful academic journey in Canada.

Tuition fee in Canada

Here are estimated tuition fees in Canada per annum for the following program:

  • Undergraduates
  • Graduates
  • MBAs

#1. Undergraduates

The tuition fee for foreign undergraduates studying in Canada can vary depending on the institution and program of study. On estimate, international students can expect to pay between $15,000 to $30,000 CAD per academic year, although some universities and programs may charge more.

Additionally, international students are also required to pay additional fees such as student association fees, health insurance, and other miscellaneous expenses. It’s recommended that prospective students research the specific costs at the institutions they are interested in attending.

#2. Graduates

Per program

is attached a price tag depending on the standard of the policy of the Institution.

Give or take, the tuition for a master’s degree can range from $5,000 to $25,000 per year, and tuition for a doctoral degree can range from $7,000 to $30,000 per year. However, some programs, such as those in medicine and law, can have higher tuition costs.

International students typically pay higher tuition than domestic students. Living expenses, such as housing and food, can also add to the overall cost of studying in Canada. It’s best to check with the specific institution and program for their tuition and fee information.

#3. MBAs

MBA programs in Canada will cost you a good range estimate from $20,000 and $60,000 for citizens and permanent resident students. For foreigners, you’ll need a budget between $30,000 and $75,000 to commence.

Some programs may be more or less expensive. Once again, to be on fairer grounds, do your research to get a more accurate estimate of the cost. You should niche down to the exact program you want.

Cost of housing in Canada

Two factors that’ll tremendously increase or reduce your cost of studying in Canada is how much you’re paying on rent. This is greatly related to whether you’re staying:

  • On-campus or
  • Off-campus.

Rent on campus is cheaper than off-campus rent. However, being admitted into the college doesn’t award you an automatic lodge.

Unless in the cases of some Scholarship programs. You must apply for a lodge on campus. However, some students prefer off-campus housing. For what it’s worth, let’s see the cost estimate for each.

#1. On Campus Housing

The cost of a hostel in Canada depends on the location and amenities offered. Hostels in Canada can cost anywhere from $20 to $50 per night for a shared dorm room.

Private rooms may cost more, usually between $50 and $100 per night. It’s best to research hostels in the specific area you plan to visit to get a more accurate estimate of the cost.

Average cost:

#2. Off-Campus Rent Fee

You can choose to live in your private rented house outside the campus. The cost of rent divers with the location of rent and the kind of apartments you wish to rent.

I’ll advise that you pair up with a colleague to take up the rent and make a housing choice so that you can foot the bills. Go for small and comfortable apartments as they’ll be cheaper.

Opting for a studio or apartment with several bedrooms risks your upkeep.

However, an estimate of $3000 to $7,500 per annum isn’t bad for private apartments.

Cost of Transportation

You can have a drastic fall in your overall cost of studying in Canada if you plan your route to school well. The truth is, you must move to school every day by any means available.

The farthest you should stay from school should be 15 minutes to 20 minutes walk time. Considering that you must put things in place before opting for school.

The average lowest public transportation fee in Canada is $4 per day. You go to school 5 days a week. Give and take that should be $20 a week, $80, and $960 per annum. It may seem like nothing, however, that can do you some utilities.

If you choose the way of the rider, budget between $960 to $1,440 a year. The best practice is to live a traceable distance from your school.

Cost of Health Insurance in Canada

Per province in Canada per their health insurance policy. You’re only covered in the province you undertook your health insurance policy. You must also buy health insurance for an accompanist.

Among the 13 provinces in Canada, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, and Labrador, Nova Scotia and Saskatchewan provide Insurance coverage for international students which they must purchase before arrival in Canada; it’s not free.

Ontario, Quebec and Prince Edward Island, and Yukon don’t have provisions for health insurance for international students. You are likely to pay out of pocket for health coverage which is around $75 a month.

To alleviate the hassle, there is a pocket and student-friendly health insurance program you can cling to cost and save more:

  • International Student Health Insurance by IMG
  • International Health Insurance for Cigna Global Students
  • StudentSecure Insurance by HCCMIS
  • Foyer Global health and more.

However, an average of $120-$900 is expected per year for health insurance.

The Cost of Living in Canada

The cost of studying in Canada won’t be satisfactory without considering the overall cost of living in Canada.

Straight up, the cost of living in Canada is high. It’s fairly similar to the cost of living in the US. A single person needs at least $ 2,771 to be comfortable in Canada while a family of four needs not less than $5,230 per month to be okay.

The cost of living varies with provinces’ taxes and laws. However, some provinces in Canada are cheaper to live in.

Most expensive Places to live in Canada

Expensive places to live in Canada depend on location and the kind of amnesties that is provided. Kindly note this estimate is for private individuals in Canada:

  • Vancouver, British Columbia: Average Cost Of Living (Without Rent): $1,324.70 per month
  • Toronto, Ontario: Average Cost Of Living (Without Rent): $1,366.86 per month
  • Victoria, British Columbia: Average Cost Of Living (Without Rent): $1,320.62 per month
  • Kelowna, British Columbia: Average Cost Of Living (Without Rent): $1,154.59 per month
  • Montreal, Quebec Average Cost Of Living (Without Rent): $1,158.44
  • Ottawa, OntarioAverage Cost Of Living (Without Rent): $1,251.10 per month
  • Calgary, Alberta: $2,376.7(without rent)
  • Edmonton, Alberta: $1,692/month(Without rent)
  • Halifax, Nova Scotia: 1,254.7(without rent)
  • Winnipeg, Manitoba: $1582(without rent)

Though the cost of living is determined by location and types of services that are served. The relative cost of living can also fluctuate over time due to economic and other factors.

Cheapest Places to Live in Canada

The overall standard of living in Canada may be high, but some places are slightly more affordable than others.

The catch is, the cost of living can vary greatly depending on factors such as the specific city or town, housing market, and individual lifestyle.

It would be difficult to provide a list of the “cheapest places to live in Canada” without taking these factors into account.

However, some Canadian cities and towns that are known for having a lower cost of living include:

  • Thunder Bay, Ontario: $1,131
  • Saguenay, Quebec: $1,022
  • Moncton, New Brunswick: $1,504.
  • St. John’s, Newfoundland and Labrador: $1,444
  • Regina, Saskatchewan: $1,162
  • Sherbrooke, Quebec: $1,113
  • Trois-Rivières, Québec: $1,076
  • Quebec City, Quebec: $1249
  • Kamloops, British Columbia: $1,650
  • Prince George, British Columbia: $1,100

This is by no means a definitive list. Other cities and towns may also have a lower cost of living.

This data is bound to fluctuate in the nearest future, do your research.

Means of Minimizing the Cost of Studying in Canada

Considering the rigors and expenses to live and study in Canada for international students, the Canadian government and learning institutions have put in place several funded aids and Scholarships programs to alleviate the cost of studying in Canada for Immigrating Students:

10 Ongoing Government funded Scholarships for Immigrating Students in Canada

There are several scholarships available to international students from the Canadian government to reduce the cost of studying in Canada Including:

Please note that these scholarships are available for a specific period for a specific level of education and a specific field of study. So, it’s always good to check the availability of the scholarship and the requirement before applying


#1.what are some MBA programs for international students in Canada?

Keep in mind that the listed programs run for a stated time, and they may not be fully funded. However, they are:

#2. What are the cheapest Universities in Canada?

Some Universities with the cheapest tuition fee in Canada include:

  • Memorial University of Newfoundland: $2,150 to $11,460CAD per year
  • University of Regina: $1,715 to $20,050 CAD per year
  • Royal Roads University: $3,750 to $27,600 CAD per year
  • University of Saskatchewan: $4,110 to $24,000 CAD per year
  • Athabasca University: $1,625 to $17,250 CAD per year

Tuition fee changes with the program that’s offered, consider doing your research.

Close Up

When compared to the UK, Australia, and the USA, Canada comes out as the cheapest destination to study at.

However, the cost of studying in Canada can be unbearable and somewhat scary for some students. Depending on their economy, and currency value when compared to the Canadian dollars and the US dollars at large.

Whatever the case, that shouldn’t kill your dream of studying in Canada.


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