Student Life

Cost of Living in Toronto for Students

By Sarah Jenkins•5 min read

Managing Your Monthly Budget in Toronto

Toronto is home to top universities like U of T, York, and TMU, but it is also one of the most expensive cities in Canada. Here is a breakdown of what you will actually spend as a student in Toronto.

Monthly Rent Breakdown

Rent will be your largest expense.

Shared Room (with roommates): C$600 - C$900 per month.

Private Room in a shared house: C$900 - C$1,400 per month.

Studio Apartment: C$1,800 - C$2,400 per month.

Food & Groceries

Cooking at Home: C$300 - C$450 per month if you shop at NoFrills, FreshCo, or Walmart.

Eating Out: C$20 - C$30 per meal at inexpensive restaurants.

Public Transit

The TTC (Toronto Transit Commission) offers a post-secondary student monthly pass for C$128.15, giving you unlimited travel on subways, streetcars, and buses.

Phone & Internet

Mobile Plan: C$40 - C$65 per month (usually including 20GB-50GB data).

Home Internet: C$60 - C$90 per month (shared among housemates).

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