Cost of Living in Canada for Students and Expats: A Comprehensive Guide

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Frequently Asked Questions

Why are healthcare services free in Canada?

In Canada, healthcare services aren't really free. Citizens and permanent residents of Canada pay for their healthcare through their taxes. As a result, people are not required to pay separately for the healthcare services in Canada.

What is the cost of purchasing a house in Canada?

According to a recent survey, the average cost of a house in Canada is $699,300. To purchase it, you will need to put down a deposit of 43,900 Canadian dollars and provide proof of income of at least $109,000.

What is the average part-time salary in Canada?

The average part-time wage in Canada is between $10 and $18 per hour. International students are permitted to work up to 20 hours per week during the academic year and up to 40 hours per week during their vacation.

What is the Canadian tax rate?

Those with an annual income up to $49,020 pay a federal tax rate of 15%. People earning between $49,020 and $98,040 have a 20.5% tax rate. Individuals with an income of $151,978 to $216,511 are taxed at a rate of 29%.

How much does it cost to live in Canada on a monthly basis?

For a family of four living in Canada, it costs 4,032 Canadian dollars per month, excluding rent, whereas for a single individual, it costs 1,125 Canadian dollars ( approximate) per month. It covers expenses such as meals, transportation, fuel, utilities, and other fitness-related costs.
Lakshmi Lavanya Pagallu

Lakshmi Lavanya Pagallu

Sr. Content Marketing Specialist

Lakshmi Lavanya Pagallu has been working as Content Marketing Specialist with GetGIS since 2022 and has been extensively working to help candidates’ career transitions. Her experience spans across multiple industries in the fields of Sales and Marketing. Her core competencies include communication and research, which enable her to create and deliver in-depth guides as a Subject Matter Expert

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