Cost of living in Canada vs US is dependable on the factors like accommodation, tuition fee, food and transportation. A single person’s monthly estimated cost of living in Toronto is 1505.8 CAD (93248.16 INR), whereas New York’s cost of living is 1534.3 USD (127112.92 INR). The key factors driving people to migrate to Canada and the US include life satisfaction and better economic conditions. Average monthly salary in Canada 3,994.48 CAD (247431.99 INR) whereas, the monthly average salary in US is 4,660.05 USD (386039.24 INR).
Average Cost of Living in Canada vs US
Monthly living expenses of popular cities in Canada and US are tabulated below. A single person’s estimated cost of living in USA is 1,130.1 USD (93620.37 INR).
| City | Monthly living costs |
| Toronto (Canada) | 1505.8 CAD (93,268.50 INR) |
| Vancouver (Canada) | 1459 CAD (90369.73 INR) |
| Calgary (Canada) | 1515.6 CAD (93875.50 INR) |
| Montreal (Canada) | 1282.4 CAD (79431.21 INR) |
| Fredericton (Canada) | 1343.7 CAD (83228.10 INR) |
| Halifax (Canada) | 1408.9 CAD (87266.56 INR) |
| New York (US) | 1534.3 USD (127093.97 INR) |
| San Francisco (US) | 1486.5 USD (123134.45 INR) |
| Chicago (US) | 1214.9 USD (100636.42 INR) |
| Los Angeles (US) | 1296.7 USD (107412.34 INR) |
| Dallas (US) | 1178.4 USD (97612.94 INR) |
| Detroit (US) | 1117.3 USD (92551.71 INR) |
Transportation Costs in Canada and US
Transportation costs are also included in the cost of living in Canada vs USA. These costs change on the selection of the transportation opted. Canada student visa cost is 150 CAD (9288.90 INR)
| Particulars | Canada | US |
| One-way Ticket (Local Transport) | 3.25 CAD (201.27 INR) | 2.50 USD (207.09 INR) |
| Monthly Pass (Regular Price) | 100.00 CAD (6193.02 INR) | 70.00 USD (5798.64 INR) |
| Taxi Start (Normal Tariff) | 4.25 CAD (263.20 INR) | 3.50 USD (289.93 INR) |
| Taxi 1hour Waiting (Normal Tariff) | 34.00 CAD (2105.63 INR) | 30 USD (2485.13 INR) |
| Gasoline (1 liter) | 1.59 CAD (98.47 INR) | 1.00 USD (82.84 INR) |
| Taxi 1km (Normal Tariff) | 2.00 CAD (123.86 INR) | 1.00 USD (82.84 INR) |
Food and Beverage Prices in Canada and US
Knowing the food and beverage prices is important with regard to settlement in the country concerned. Some of Canadian cities are included in the best cities for international students in Canada. The average food and beverage prices in the US and Canada are tabulated below.
| Particulars | Canada | US |
| Meal, Inexpensive Restaurant | 22.00 CAD (1362.52 INR) | 20.00 USD (1656.88 INR) |
| Meal for 2 People, Mid-range Restaurant, Three-course | 90.00 CAD (5573.95 INR) | 75.00 USD (6213.31 INR) |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.95 CAD (802.03 INR) | 10.00 USD (828.44 INR) |
| Domestic Beer (0.5 liter draught) | 7.00 CAD (433.53 INR) | 6.00 USD (497.06 INR) |
| Imported Beer (0.33 liter bottle) | 8.00 CAD (495.46 INR) | 7.00 USD (579.91 INR) |
| Cappuccino (regular) | 4.81 CAD (297.90 INR) | 4.79 USD (396.82 INR) |
| Coke/Pepsi (0.33 liter bottle) | 2.53 CAD (156.69 INR) | 2.35 USD (194.68 INR) |
| Water (0.33 liter bottle) | 2.12 CAD (131.30 INR) | 1.86 USD (154.09 INR) |
Accommodation Cost in Canada vs US
This section gives information on the monthly accommodation living cost in Canada vs US. All these costs can vary depending on the selection of the apartment or bedrooms. Student accommodation in Canada can be chosen from on campus or off campus accommodations.
| Particulars | Canada | US |
| Apartment (1 bedroom) in City Centre | 1,664.83 CAD (103103.16 INR) | 1,708.11 USD (141506.92 INR) |
| Apartment (1 bedroom) Outside of Centre | 1,444.53 CAD (89459.95 INR) | 1,378.47 USD (114198.18 INR) |
| Apartment (3 bedrooms) in City Centre | 2,703.62 CAD (167435.58 INR) | 3,050.21 USD (252692.05 INR) |
| Apartment (3 bedrooms) Outside of Centre | 2,353.15 CAD (145730.92 INR) | 2,448.23 USD (202821.53 INR) |
One can use cost of living Canada vs US calculator for any further understanding. The above-mentioned details present in detail the average costs of living in the major cities of the US and Canada. The article also demonstrates the costs involved in transportation and food and beverages in the US and Canada.
FAQs
Ques: Is it cheaper to live in Canada in comparison to the US?
A: This depends on the selection of the accommodation and other particulars. However, Canada is cheaper to live in than US.
Ques: Is it expensive to study in the US in comparison to Canada?
A: US universities are more expensive normally. However, this totally depends on the selection of the university and course.
Ques: Is housing expensive in the US in comparison to Canada?
Ans: Housing rates in Canada are comparatively cheaper than US
Ques: How much higher is the cost of living in Canada vs US?
Ans: Cost of living in US is about 10427 INR higher than Canada.
Ques: Is it worth moving to the USA from Canada?
Ans: Canada is comparatively cheaper than the USA. A student with financial hardships can face difficulty while moving to USA from Canada.
Ques: Is it worth to move to Canada from India?
Ans: Canada has some top universities that offer quality education at lower fees. If any Indian student is preparing to study abroad, Canada can be a good place for it.
Ques: Is Canada better than US for working?
Ans: Both countries can be beneficial for working. Top global companies like Amazon, Deloitte give job opportunities to students graduating from Canadian and US universities.
Ques: Are taxes higher in Canada or USA?
Ans: Taxes are comparatively lower in Canada than the USA.
Ques: Can I go to Canada without a job?
Ans: While having a job offer in Canada can increase your chances of being approved for permanent residency, it can be optional.
Ques: How much money do you need to immigrate to Canada?
Ans: Generally speaking, as an individual applicant, you would need approximately 15,500 CAD (959558.81 INR) to immigrate to Canada
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