Budget Lifestyle
₹126,383/month
CAD 1,861/month
Location
Select either City or University
or
Food
Accommodation
Utilities
Transport
| Key | Estimate Basis |
|---|---|
| Food | Restaurant + fast food frequency |
| Accommodation | Selected rent type |
| Utilities | Selected utility mix |
| Transport | Taxi km usage |
Monthly Cost Breakdown in Toronto (2026)
| Category | Amount |
|---|---|
| Accommodation | ₹76,220 |
| Food | ₹34,286 |
| Utilities | ₹15,876 |
| Transport | ₹0 |
| Total / month | ₹126,383 |
| Total / year | ₹1,516,603 |
Financial Planning for Studying in Toronto
Estimated yearly living cost in Toronto: CAD 16,278 (₹1,105,170). Use this baseline to plan your education loan amount along with tuition and one-time visa/deposit costs.
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How to calculate Costs:
Select Location
Select your university, or choose a country and city from the dropdowns.
1
Adjust Lifestyle
Adjust your lifestyle — accommodation type, meals, utilities, and transport.
2
See Estimate
See your estimated monthly and annual cost in local currency and INR instantly.
3
Plan Loan
Use the result to decide your loan amount, then check your eligibility in 2 minutes.
4
Cost of Living in Toronto vs India
| Item | Toronto | India (metro avg) |
|---|---|---|
| Overall (monthly) | ₹92,097 | ₹35,000 |
| Overall (yearly) | ₹1,105,170 | ₹4,20,000 |
India figures are approximate estimates for an urban student lifestyle.
Toronto vs Other Cities in the Canada
Ottawa
From
₹77,756
Vancouver
From
₹101,197
Guelph
From
₹78,761
Brampton
From
₹81,876
Sherbrooke
From
₹42,450
Student Tips:
Is Toronto expensive for students?
Yes, Toronto is one of the most expensive cities in Canada, mainly due to high rent and overall living costs.
How much does it cost to live in Toronto per month?
Monthly expenses usually range between CAD 1,500 and CAD 2,500 (₹90,000–₹1.5 lakh approx.), depending on accommodation, lifestyle, and location within the city.
Can part-time jobs cover living expenses in Toronto?
Only partially. Part-time income can help with groceries, transport, and small bills, but rent is typically too high to be fully covered.
FAQ's
Is Toronto expensive for students?
Yes, Toronto is one of the most expensive cities in Canada, mainly due to high rent and overall living costs.
How much does it cost to live in Toronto per month?
Monthly expenses usually range between CAD 1,500 and CAD 2,500 (₹90,000–₹1.5 lakh approx.), depending on accommodation, lifestyle, and location within the city.
Can part-time jobs cover living expenses in Toronto?
Only partially. Part-time income can help with groceries, transport, and small bills, but rent is typically too high to be fully covered.
How does the cost of living in Toronto compare to other cities in Canada?
Toronto is among the costliest cities, similar to Vancouver, and significantly more expensive than cities like Winnipeg or Edmonton.
How can students reduce living expenses in Toronto?
Sharing accommodation is almost necessary. Cooking at home, using student transport passes, and planning monthly budgets can help control spending.
These figures are planning estimates and can vary by lifestyle, location within city, and market conditions.
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