Monthly Student Budget Guide: How to Live on C$1,200 in Canada

Master Your Budget: Living on C$1,200 a Month in Canada

When you arrive in Canada, your GIC pays out roughly C$1,600 to C$1,700 in the first month (for settling in) and then C$1,600 or less depending on the schedule, but it is wise to keep your core monthly living costs under C$1,200. Here is how to do it.

Step 1: Secure Affordable Shared Housing (Budget C$650)

Do not rent your own apartment. Look for a shared room or house on websites like Kijiji, Facebook Marketplace, or Places4Students. Try to find a place close to transit, even if it is a bit far from campus, as long as it has a direct bus line.

Step 2: Smart Grocery Shopping (Budget C$250)

Step 3: Utilize Student Discounts (Budget C$150)