What Is The Cost Of Living In Canada (See Details)

It is very clear why Canada is the choice of immigrants. It has a revolutionary government that maintains the heart of democracy, the ideal geography for hikers, boaters and skiers. If you are one of hundreds of thousands of immigrants who love Canada’s rich socio-cultural backgrounds, it is essential to know what your finances may look like or specifically what your finances may be like, we want to inform you about the cost of living in Canada.

The importance of housing in rural areas and base cities varies greatly. This article will guide you through what you need to know, roughly the cost of living in Canada, so that you are ready to settle in the country you love.

canada Immigration

So what is the cost of living in Canada?

One of the first things to consider as you work through your budget is the cost of exchange. How much your foreign money is worth compared to Canadian dollars and how much you’ll get for it will also be taken into consideration.

Most alternative pricing services mark up the alternative tax to increase their revenues. This technique is expensive; it can make you think you have a fair deal. Always use the currency calculator to look up modern exchange fees, market places while you convert your money.

 

It is far not unusual to indicate cash with the dollar signal $ in Canada, now and again written as C$ or CAN$ or CAD to differentiate it from alternative dollar-based foreign money.

The below list indicates the values of Canadian bucks compared to a few major currencies as at the time of writing.

C$1000= ?662.31
C$1000= $763.04
C$100= ?583.70

Monthly Living Expenses in:

Toronto:

  1. Large Apartment: C$1700
  2. Small Apartment: C$1100
  3. Student Dorm: C$600
  4. Internet: C$41

Montreal:

  1. Large Apartment: C$1100
  2. Small Apartment: C$640
  3. Student Dorm: C$550
  4. Internet: C$38

 

 

With the cost of living in mind, the other main financial consideration is your starting salary at the end of the month. Employers will also consider living expenses as payment, depending on where you decide to pay.

Fortunately, the common wage in Canada has increased by 10 to 15% since 2007. That’s pretty high. Although wages vary by province and city, the common wage for full-time work or 30 hours per job is $44,366 since 2010.

 

READ ALSO :DIFFERENT VISA CATEGORIES YOU CAN ENTER CANADA WITH

Average Salary for Toronto

Financial Analyst: 52,067
Copywriter: C$35,130
Graphic designer: C$37,966
Product Manager: C$69,402
Receptionist: C$23,763
Teacher: C$40,439
Web Developer: C$43,663

Average Salary for Montreal

Financial Analyst: C$42,722
Copywriter: C$33,534
Graphic Designer: C$33,831
Product Manager: C$59,398
Receptionist: C$22,486
Teacher: C$37,889
Web Developer: C$42,015

Healthcare in Canada

Having a loose healthcare system in Canada is one of the country’s fundamental attractions. This means you don’t pay a direct rate for any medical visits. The free aid system is funded by the country’s distinctive legal system.

The common man or woman will pay approximately C$4,222 yearly, this may seem excessive for foreigners, but it is an honest deal, considering the comparatively distinctive health care system.

Transportation Prices for Canada

  1. Monthly Bus/Transportation Pass: C$95
  2. Bus Ticket Single Use: C$3.15
  3. Taxi 1KM: C1.85
  4. Taxi 1hr: C$33.00

Food Budget in Canada

Your likely budget food budget for eating all your meals in restaurants that are inclusive of tips and taxes are:

Breakfast: C$8-C$25
Lunch: C$8-C$25
Dinner: C$11-C$45

Canada is referred to as a top-notch area to settle, you will be amazed to discover the country to be very cheap considering the very prime quality of life, more low priced than maximum cities in Europe.

Wherever you may choose to settle in Canada, I’m sure this guide has given you an idea about the cost of living in Canad. Best luck with your choice!

 

 

 

High Paying Jobs In Canada Without A University Degree

They can have a successful career without necessarily having to obtain a degree, because education takes a lot of time and commitment, and few people can achieve it. Canada’s strong and fast-growing economy can help you by placing you in a high-paying job. The best part is that you can get high-paying jobs in Canada without a university degree.

It is agreed that a university degree can give you the job of your dreams; an ideal job can also be found through other avenues. There are a number of high-paying jobs in Canada that you can get without a university degree, as a recent report shows. The report also discusses how higher education is not accessible to everyone, but that there are certain training and qualifications that may be required for high-paying roles.

One instance might be, there are certain programming languages that need to be learned and hidden in order to become a good programmer.

Below are some high-paying jobs in Canada without a university degree, their salary range and why they look promising.

 

 

  1. Transit Drivers {annual paycheck of $73,000-$100,000}.

All you need to do to get this job is a high school diploma and a valid drivers license that is acceptable, devoid of suspensions and meets all requirements for a class-C license.

  1. App Developers {ranging from $50,000-$70,000}.

App development and design is an ideal industry to get into, as most schools offer diploma programs that can be completed in less than two years.

  1. Construction {entry level helper or laborer earns $30,000 annually while Electrician or construction manager can earn up to $70,000 annually}.

More than 7% of Canada’s GDP was taken record of by the construction company in 2015.

There is plenty of hope in the country as the government has spent double the usual amount in infrastructure over the next decades.

As expected, the construction workforce will have high records in the years 2018 and 2019 due to the major ongoing projects in the province of BC like the development of pipelines and LNG plants.

In subsequent years, there could be an increased workforce in the growth of home renovation, non-residential construction, and maintenance.

  1. Animation

This is dependent on your position and level of experience.

Graphic art technicians, graphic illustrators, and interactive media developers are said to earn around $50,000-$55,000 annually.

There is an expected rapid growth in Canada’s animation market, as this is a major market.

Most schools now offer diploma programs that take just between one to two years to complete, so with little education, you have a chance of securing a high paying job.

 

 

Add a Comment

Your email address will not be published. Required fields are marked *