The cost of living is one of the very important factors that families or students studying abroad in Canada need to pay close attention to.
The cost of living will generally have seasonal variations during the year (Example: Heating costs in winter), but averaged out, the Price Index can also provide provides us with a relatively comprehensive picture when comparing the cost of living in the main cities of La Phong in the last season of the year.
Name of City / Province
Nanaimo, British Columbia
The following table compares some essential living expenses in the cities of Toronto (Ontario), Vancouver (British Columbia) and Charlottetown (Prince Edward Island – PEI):
Please note, the price specifications are for reference only and will change from time to time.
Monthly rent – area 85m2 (Expensive area)
Monthly rent – area 85m2 (Normal area)
Cost of electricity, water, gas, heating for the apartment 85m2
Monthly rent – area 45m2 (Expensive area)
Monthly rent – area 45m2 (Normal area)
Cost of electricity, water, gas, heating for the apartment 45m2
Cost of lunch (eating/drinking) at the commercial district
Combo fast food
Price of 1 liter of milk (Whole fat milk)
Price of 1kg of apples
Price of 1kg of potatoes
Price of 1 bottle of domestic beer (0.5 liter) at the supermarket
Coca-Cola (2 liters)
Jeans Price (Levis 501)
Average price of 1 pair of sports shoes (Nike, Adidas)
Unit price for 1 liter of gasoline
Monthly pass for public transport
Taxi cost for the first 8 kms (Weekdays)
Haircuts for Men (International Tourist Area)
Cost of dining out (Normal restaurant) for 2 people
Movie ticket for 2 people
Theater ticket for 2 people (First class ticket)
Price for 1 cocktail (Downtown area)
Price for 1 cup of Cappuccino (Area with a lot of tourists)
Beer prices at regular pubs (500ml)
Gym cost for 1 month (Central area)
The table estimates the average cost of living in a month in 3 cities that currently attract many immigrants to live and work:
Estimated average cost of living in 1 month
Family of 4 people
Thus, for a family of 4, the average monthly living cost in Charlottetown (PEI) accounts for about 60-65% of the cost in Toronto and Vancouver. And if single, this cost only accounts for about half.
The cost of living is only a part of the overall factors that help families make a choice about where to invest, settle down or study abroad.