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Newcomer budget calculator
A planning estimate of what a first year in Canada costs, in Canadian dollars. Adjust the household and city to see how the monthly figure moves.
Estimated monthly cost
$4,962
- Rent$2,900
- Groceries$1,260
- Transit passes$312
- Phone and internet$220
- Utilities and insurance$270
One-off arrival costs
- Rent deposit (first and last where applicable)$2,900
- Furniture and household basics$2,700
- Winter clothing$1,050
- Phone, ID and initial paperwork$250
One-off total$6,900
Estimated first year
$66,444
Twelve months of living costs plus one-off arrival costs. This is a planning estimate, not a settlement funds requirement.
Figures are illustrative planning defaults, not verified market averages. Check current rents on local listings and confirm settlement funds requirements on the official IRCC proof-of-funds page. See also our document checklists.