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Cost of Living in Canada

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William Russell Health Insurance
William Russell Health Insurance
William Russell Health Insurance

By Betsy Burlingame

Last updated on Nov 27, 2021

Summary: What is the cost of living in Canada? Expats, digital nomads and retirees living in Canada talk about the general living costs, the cost of housing and health insurance.

What is the average cost of housing in Canada?

If you are thinking about moving to Canada, cost of living in probably a key consideration. Expats commented about the cost of housing:

"I am an American, wishing to retire in Canada. It should be a no-brainer since I have double citizenship and I was a resident of Montreal, Quebec for 24 years. This month, feeling encouraged by the drop in real estate prices in N America. The Bottom line: Canadian housing is priced similarly to the prices in the US. I started looking for a condo in Montreal. here are the results of my research: Downtown Montreal - a 1000-1400 sq ft condo will cost over $ 1 Million NB: You may decide to settle for an old condo that needs repairs, in which case you will pay less but need lots of luck. For a similar size house or a condo in a Montreal suburb, located 25-35 minutes from downtown, you will have to pay $650,000- $850,000. Toronto prices are 15% higher than Monreal prices. Vancouver home prices are 25-30% higher than Montreal prices," said another person in Canada.

"I am bewildered to hear of average housing in Montreal is around CAN $226,000. I lived in Montreal for 23 years, I am visiting frequently, I am planning to return soon, and I can confirm that you will not find any decent housing within 10 miles of the city center for less than $500,000," remarked another expat in Canada.

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William Russell Health Insurance

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGET A QUOTE

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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