Cost of Living in New Brunswick in 2024: For Students and Expats

Discover the the cost of living in New Brunswick, that shapes the everyday life of residents in the province. From the quaint charm of its historic towns to the breathtaking beauty of its natural landscapes, this Canadian province offers a unique blend of affordability and quality of life.

Join us as we delve into the details of the cost of living in New Brunswick Canada, uncovering the secrets that make it a hidden gem for residents and newcomers alike.

Introducing New Brunswick Canada

Nestled in Canada's Atlantic region, New Brunswick is a province of pristine landscapes and vibrant communities, boasting a population of around 760,000. With vast forests dominating its terrain and coastal islands dotting its shores, the province offers unparalleled natural beauty.

Saint John, the largest city with 130,000 residents, is complemented by the capital, Fredericton, and the bustling urban center of Moncton. New Brunswick proudly holds the distinction of being Canada's only constitutionally bilingual province, with over 30% of its population speaking French as their first language.

Average Cost of Living in New Brunswick Canada

Is living in New Brunswick costly? It's a common inquiry when considering the cost of residing in this Canadian province. While not as renowned for its expenses as Ontario, New Brunswick weighs more towards the affordable side. So, what can you anticipate? Let's explore.

The estimated monthly cost of living in New Brunswick for a family of 4 (excluding rent) totals around C$2,014 (₹1,23,521), while for a single individual, it's approximately C$661 (₹40,559).

Major Living Expenses in New Brunswick

Now that we have a broader picture of the average New Brunswick living expenses for individuals and families, it is crucial to know what are the factors contributing to this budget. Let us find out.

Also Read: Top 15 Most In Demand Jobs in New Brunswick

1. Average Cost of Living in New Brunswick: Accommodation Expenses

One of the remarkable advantages of residing in New Brunswick is its remarkably affordable cost of living. Compared to other provinces across Canada, New Brunswick stands out as an ideal destination for families looking to relocate, thanks to its affordability.

For many newcomers, the prospect of owning their own home in the province becomes a reality rather swiftly. With the average house price in New Brunswick hovering around C$150,000 - C$155,000, the province offers an accessible path to homeownership for many.

The average rental accommodation price as per CMHC in New Brunswick as per cities is a follows:

2. Average Cost of Living in New Brunswick: Transportation Expenses

The average transportation costs in New Brunswick are estimated to range from $50.2 - $134 based on location and number of members traveling in the family.

3. Average Cost of Living in New Brunswick: Grocery Expenses

Keeping aside the monthly rent, grocery prices in New Brunswick have been increasing year on year majorly due to increases in transportation costs. The current average grocery costs in New Brunswick are as follows:

4. Average Cost of Living in New Brunswick: Utility Expenses

Utilities serve as a crucial expense factor after accommodation, as these constitute a mandatory requirement for your day-to-day living expenses in New Brunswick. These include

5. Fun & Entertainment Expenses

Now that you are versed with the basic necessities and their expenses that account for living expenses in New Brunswick Canada, let us also list down the entertainment expenses that might be an addition to your budget if considered.

Next, let us also find out the cost of fitness and entertainment expenses. These include

Cost of Living in New Brunswick for International Students

New Brunswick offers a wallet-friendly lifestyle compared to many other Canadian provinces, making it an appealing choice for students.

With a total monthly cost of living of CA$1,745 for off-campus accommodation and CA$2,400 for on-campus accommodation, it provides both comfort and affordability.

A glimpse of the possible average cost of living in New Brunswick in Canada for students is as follows:

Also Read: Top 10 Best Provinces in Canada for PR

Affordable Regions in New Brunswick for International Students

Identifying affordable regions to reside in New Brunswick is essential for prospective international students. Here are some budget-friendly destinations along with their estimated housing and utilities costs per month:

• Moncton

Despite being the largest city in New Brunswick, Moncton stands out as one of the most cost-effective places for international students. The cost of living in Moncton New Brunswick is 6.3% (C$1,581 - C$2,541) below the national average, with one-bedroom apartments averaging C$835 per month.

• Fredericton

Serving as the capital city, Fredericton boasts a burgeoning commercial sector, particularly in IT, and offers numerous job opportunities in the public sector. The average cost of living in Fredericton New Brunswick Canada ranges from C$2,399 to C$2,650.

• Saint John

To meet the cost of living in Saint John New Brunswick international students typically require to budget between C$1,745 to C$2,400 per month for living expenses. It's a favored destination for students pursuing studies in Canada.

These regions in New Brunswick provide international students with affordable housing options and a welcoming environment conducive to student life.

Also Read: What is GIC Canada for International Students - A Brief Guide

Budget Your Cost of Living in New Brunswick With GetGIS

Understanding the cost of living in New Brunswick is essential for students and working professionals to effectively manage expenses while ensuring enough funds for daily essentials.

Whether you're budgeting for your average living expenses in New Brunswick or planning your immigration to Canada, GetGIS is your trusted partner. Our immigration assistance team offers comprehensive support, from pre- to post-landing services, to help you navigate the process seamlessly.

Book Your Free Consultation today and let us guide you toward a smooth transition to life in New Brunswick.