What will my monthly living costs be during an integrated MBA in Canada?
Monthly living costs for an integrated MBA student in Canada are roughly CAD 900 to 1,800 for accommodation, CAD 300 to 500 for food, CAD 100 to 160 for transport, CAD 60 to 100 for health insurance and CAD 250 to 450 for personal expenses. Spending varies by city.
Accommodation is your biggest monthly cost, at roughly CAD 900 to 1,800 (approx INR 60,849 to 1.22 L). Food, transport, insurance and personal spending add to that, and the total depends on your city and lifestyle.
Estimated Monthly Expenses
| Expense category | Average monthly cost (CAD) |
|---|---|
| Accommodation | 900 to 1,800 (approx INR 60,849 to 1.22 L) |
| Food | 300 to 500 (approx INR 20,283 to 33,805) |
| Transportation | 100 to 160 (approx INR 6,761 to 10,818) |
| Health insurance | 60 to 100 (approx INR 4,057 to 6,761) |
| Personal expenses | 250 to 450 (approx INR 16,902 to 30,424) |
Why Costs Differ
- City, accommodation type and personal spending habits can move your monthly total noticeably.
- Add these costs to the annual tuition for your programme to see your full yearly budget.
My Advice
Plan your budget around the middle of each range, then keep a buffer for the first few months while you settle in. Sharing accommodation is usually the easiest way to bring the biggest line item down.
How much will a month in Canada cost you?
Rent, food and travel. A real monthly budget, city by city.
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