{"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":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Is_accommodation_affordable_in_Toronto\" >Is accommodation affordable in Toronto?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Costs_of_Tuition_Fees\" >Costs of Tuition Fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Student_Accommodation_Costs\" >Student Accommodation Costs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Student_Housing\" >Student Housing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Private_Apartment\" >Private Apartment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#University_Halls\" >University Halls<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Food\" >Food<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Utility_Bills\" >Utility Bills<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Transportation\" >Transportation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-toronto-for-students\/#Tip_to_budget_on_the_cost_of_living_in_Toronto\" >Tip to budget&nbsp;on the cost of living in Toronto<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>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<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_accommodation_affordable_in_Toronto\"><\/span><strong>Is accommodation affordable in Toronto?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>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<p>There\u2019s <a href=\"https:\/\/www.universityliving.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>student housing<\/strong><\/a> and apartments you can choose from to stay in Toronto.&nbsp; The cost of living will depend upon your lifestyle, etc.&nbsp;<\/p>\n\n\n\n<p>Before we list the details of the cost of living in Toronto, let&#8217;s give you a summary of its costs.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Expenses<\/strong><\/td><td><strong>Cost (Average)<\/strong><\/td><\/tr><tr><td>Average Tuition Fees<\/td><td>CA$30,000 &#8211; CA$50,000 \/ Year<\/td><\/tr><tr><td>Accommodation<\/td><td>CA$1,101 &#8211; CA$2,462 \/ Month<\/td><\/tr><tr><td>Transportation<\/td><td>CA$191 \/ Month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Costs_of_Tuition_Fees\"><\/span><strong>Costs of Tuition Fees<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Tuition fees will vary and depend on the course and type of university you choose to study in Toronto.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Undergraduate Tuition Fee<\/strong><\/td><td><strong>Post-Graduate Tuition Fee<\/strong><\/td><\/tr><tr><td>CA$20,000 &#8211; CA$40,000 \/ Year<\/td><td>CA$20,000 &#8211; CA$50,000 \/ Year<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Student_Accommodation_Costs\"><\/span><strong>Student Accommodation Costs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cost of <a href=\"https:\/\/www.universityliving.com\/canada\/city\/toronto\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>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<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Student_Housing\"><\/span><strong>Student Housing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>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.&nbsp; <\/p>\n\n\n\n<p>Most of the accommodations are at a distance of under 3 miles. While the ones outside of the city center are upto 20 miles.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Student Housing&nbsp;<\/strong><\/td><td><strong>Price<\/strong><\/td><\/tr><tr><td>Ensuite\/ Studio<\/td><td>CA$1,101 &#8211; CA$1,319 \/ Month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Private_Apartment\"><\/span><strong>Private Apartment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>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<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Apartment<\/strong><\/td><td><strong>Price<\/strong><\/td><\/tr><tr><td>Private<\/td><td>CA$2,098 &#8211; CA$2,462 \/ Month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"University_Halls\"><\/span><strong>University Halls<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>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.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>University Hall<\/strong><\/td><td><strong>Price<\/strong><\/td><\/tr><tr><td>Ensuite\/ Studio<\/td><td>CA$750 &#8211; CA$1,800 \/ Month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>[Read Also: <a href=\"https:\/\/www.universityliving.com\/blog\/accommodation\/top-5-student-accommodations-in-toronto\/\" target=\"_blank\" rel=\"noreferrer noopener\">Top 5 Student Accommodations in Toronto<\/a>]<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Cost of Living in Toronto for College Students | #studyincanada #canada #costofliving\" width=\"860\" height=\"484\" src=\"https:\/\/www.youtube.com\/embed\/f2oXv5cf_nQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Food\"><\/span><strong>Food<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Food is expensive in Toronto, and the cost of groceries will depend upon store location. And, if you choose to eat out, a meal at a mid-range will cost CA$56 while at a less expensive restaurant will cost CA$22 per person.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Utility_Bills\"><\/span><strong>Utility Bills<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Utility bills are included in student housing and private apartments. As for university halls, some include bills while others do not. It&#8217;s best to check with your university before you get a room.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Transportation\"><\/span><strong>Transportation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Toronto Transit Commission runs the three modes of transportation in Toronto. They run the bus, subway and streetcar. You can get a travel pass to travel throughout the city and suburbs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tip_to_budget_on_the_cost_of_living_in_Toronto\"><\/span><strong>Tip to budget&nbsp;on the cost of living in Toronto<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Eat home-cooked meals<\/li>\n\n\n\n<li>Buy the second-hand book<\/li>\n\n\n\n<li>Shop from thrift shops<\/li>\n\n\n\n<li>Complete online work in the campus library<\/li>\n\n\n\n<li>Walk or Cycle if it is close to your destination<\/li>\n\n\n\n<li>Find a shared and affordable accommodation<\/li>\n<\/ul>\n\n\n","protected":false},"excerpt":{"rendered":"<p>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 Is accommodation affordable in Toronto? The cost of housing is expensive near downtown. But, you can find affordable accommodations available [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[975],"tags":[276,996],"class_list":{"0":"post-8122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-student-finances","8":"tag-canada","9":"tag-toronto"},"_links":{"self":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/8122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/comments?post=8122"}],"version-history":[{"count":0,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/8122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media\/8124"}],"wp:attachment":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media?parent=8122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/categories?post=8122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/tags?post=8122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}