{"id":8122,"date":"2023-06-14T12:12:19","date_gmt":"2023-06-14T06:42:19","guid":{"rendered":"https:\/\/blog.devbeta.in\/sushant\/?p=8122"},"modified":"2026-03-11T12:16:16","modified_gmt":"2026-03-11T06:46:16","slug":"cost-of-living-in-toronto-for-students","status":"publish","type":"post","link":"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/","title":{"rendered":"Cost of Living in Toronto for Students"},"content":{"rendered":"

Toronto is a city in Ontario and the most populated city in Canada. The average cost of living in Toronto is CA$1938 per month excluding tuition fees. Toronto is 27.9% less costly than New York.\u00a0<\/p>\n\n\n\n

Is accommodation affordable in Toronto?<\/strong><\/h2>\n\n\n\n

The cost of housing is expensive near downtown. But, you can find affordable accommodations available around the city too. If you choose to share accommodation with a friend, it may help cut down on your expenses.<\/p>\n\n\n\n

There\u2019s student housing<\/strong><\/a> and apartments you can choose from to stay in Toronto.\u00a0 The cost of living will depend upon your lifestyle, etc.\u00a0<\/p>\n\n\n\n

Before we list the details of the cost of living in Toronto, let\u2019s give you a summary of its costs.<\/p>\n\n\n\n

Expenses<\/strong><\/td>Cost (Average)<\/strong><\/td><\/tr>
Average Tuition Fees<\/td>CA$30,000 \u2013 CA$50,000 \/ Year<\/td><\/tr>
Accommodation<\/td>CA$1,101 \u2013 CA$2,462 \/ Month<\/td><\/tr>
Transportation<\/td>CA$191 \/ Month<\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

Costs of Tuition Fees<\/strong><\/h2>\n\n\n\n

Tuition fees will vary and depend on the course and type of university you choose to study in Toronto.\u00a0\u00a0<\/p>\n\n\n\n

Undergraduate Tuition Fee<\/strong><\/td>Post-Graduate Tuition Fee<\/strong><\/td><\/tr>
CA$20,000 \u2013 CA$40,000 \/ Year<\/td>CA$20,000 \u2013 CA$50,000 \/ Year<\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

Student Accommodation Costs<\/strong><\/h2>\n\n\n\n

The cost of student housuing in Toronto<\/strong><\/a> is expensive in the main town. But, you can find affordable rooms close to the university except for when they are downtown. There are three types of places you can find in the city, which are listed below:\u00a0<\/p>\n\n\n\n

Student Housing<\/strong><\/h3>\n\n\n\n

Student housing is also called PBSA. It is managed by private owners to provide accommodation to students near their universities. It is furnished and offers many amenities to students.\u00a0 <\/p>\n\n\n\n

Most of the accommodations are at a distance of under 3 miles. While the ones outside of the city center are upto 20 miles.\u00a0<\/p>\n\n\n\n

Student Housing\u00a0<\/strong><\/td>Price<\/strong><\/td><\/tr>
Ensuite\/ Studio<\/td>CA$1,101 \u2013 CA$1,319 \/ Month<\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

Private Apartment<\/strong><\/h3>\n\n\n\n

Private apartments are a great way to rent for student housing. Students love private apartments as they offer privacy, furnished rooms, amenities and bills included. <\/p>\n\n\n\n

Apartment<\/strong><\/td>Price<\/strong><\/td><\/tr>
Private<\/td>CA$2,098 \u2013 CA$2,462 \/ Month<\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

University Halls<\/strong><\/h3>\n\n\n\n

University halls are an ideal place for freshers. This type of residency offers various rooms for students studying in universities. They are on campus. The building is old with fewer amenities.\u00a0<\/p>\n\n\n\n

University Hall<\/strong><\/td>Price<\/strong><\/td><\/tr>
Ensuite\/ Studio<\/td>CA$750 \u2013 CA$1,800 \/ Month<\/td><\/tr><\/tbody><\/table><\/div><\/figure><\/div>\n\n\n\n

[Read Also: Top 5 Student Accommodations in Toronto<\/a>]<\/strong><\/p>\n\n\n\n

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