Lifestyle

Canada — Living: Cost of Living

National average monthly costs (2026): a single person spends roughly $3,300-3,800/month, and a family of four $5,900-6,400/month, with rent as the largest component (national average rent: $2,027/month, April 2026). Vancouver is Canada's most expensive city, driven by housing (1-bedroom rent ~$2,400/month), closely followed by Toronto (1-bedroom ~$2,500/month). British Columbia and Ontario are generally the most expensive provinces due to Vancouver/Toronto housing markets, while New Brunswick, Manitoba, and Saskatchewan are among the cheapest, with 1-bedroom rents often $1,200-1,400/month. Food costs are rising faster than general inflation, with the Canada Food Price Report forecasting a further 4-6% increase in 2026 — roughly $1,000 more per year for a typical family of four's groceries.

VerifiedGovernment / official sourceStatistics CanadaLast reviewed: 2026-07-18

Key facts

  • Single person national average: $3,300-3,800/month; family of four: $5,900-6,400/month.
  • National average rent (April 2026): $2,027/month.
  • Vancouver is the most expensive city (1-bed ~$2,400/month), Toronto close behind (1-bed ~$2,500/month).
  • Cheapest provinces: New Brunswick, Manitoba, Saskatchewan, with 1-bed rents often $1,200-1,400/month.
  • Grocery costs forecast to rise 4-6% in 2026, ~$1,000/year more for a family of four.

Costs

  • Single person, national average: $3,300-3,800/month
  • Family of four, national average: $5,900-6,400/month
  • National average rent: $2,027/month

Related topics

← Back to Canada guides