Share a flat
Shared rooms are the cheapest option; a studio costs much more than CAD 1,400.
🇨🇦 Ontario, Canada
Cost of Living in Toronto
Canada's biggest job market, with the country's highest rents after Vancouver. Here's a realistic monthly budget for an Indian student in Toronto — rent, food, transport and insurance — in CAD and rupees.
- Rent CAD 900 – CAD 1,400/month
- Total CAD 1,698 – CAD 2,198/month
- ≈ ₹1.2 lakh – ₹1.5 lakh/month
- 7 universities
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Quick answer
How much does it cost to live in Toronto as a student?
Budget CAD 1,698 – CAD 2,198 a month (about ₹1.2 lakh – ₹1.5 lakh), or CAD 20,400 – CAD 26,400 a year. Rent for a room in shared housing is the biggest cost at CAD 900 – CAD 1,400. 18 of the 20 cities we track in Canada have lower rents.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: IRCC — Study permit
Toronto budget at a glance
- Room in shared housing
- CAD 900 – CAD 1,400 a month
- Monthly budget
- CAD 1,698 – CAD 2,198
- Yearly budget
- CAD 20,400 – CAD 26,400
- In rupees (a year)
- ₹14 lakh – ₹18 lakh
- Visa funds rule
- IRCC sets a minimum living-cost amount for the study permit, updated each year
- Health cover
- Provincial or university health plans (for example UHIP in Ontario) — cost varies by province
- Getting around
- Most universities include a transit U-Pass in student fees
- Exchange rate used
- CAD 1 ≈ ₹68
Monthly budget
Student budget in Toronto
Planning estimates for 2026 — rents move quickly, so check live listings before you sign.
Compare
Toronto vs other student cities in Canada
Universities
Universities in Toronto
Save money
Cutting costs in Toronto
Cook at home
Groceries for about CAD 400 a month — Indian grocery stores are common in big cities.
Use student transport
Most universities include a transit U-Pass in student fees
Work part-time
Up to 24 hours a week off campus during academic sessions; full time in scheduled breaks
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
About CAD 1,698 – CAD 2,198 (₹1.2 lakh – ₹1.5 lakh), including rent.
A room in shared housing usually costs CAD 900 – CAD 1,400 a month.
Part-time work (up to 24 hours a week off campus during academic sessions; full time in scheduled breaks) helps, but it rarely covers everything — plan savings or a loan for living costs.
IRCC sets a minimum living-cost amount for the study permit, updated each year
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Keep exploring
Universities
Universities in Toronto
Compare
Cost of living in other Canada cities
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