Canada and UK are two prevalent countries that offer students with myriad of opportunities. However, the cost of living is one of the significant factors to consider before you make the transfer. In this article, we will compare the cost of living in the UK and Canada which can impact your budget. So, let’s dive in.
Where will you find cheaper food while studying in UK?
The cost of food is another essential concern when you compare the cost of living in Canada as well as the UK. As per the statistics, the price of the daily utilities in the UK is slightly higher than in Canada. The UK’s index score is 65.38 and Canada’s index score is 63.89. However, the cost of food can differ from one country to another. This depends on different factors like location, food preferences as well as shopping habits. In general, the food prices in Canada are influenced by the factors like cost of conveyance, manufacture as well as supply that can be impacted by seasonal fluctuations as well as supply and demand. When you see the food prices in the UK, you will see that different aspects are there to impact people. Both countries offer top-notch food options from local markets to supermarkets to specialty stores as well as online retailers. The cost of food is not a noteworthy factor when determining between Canada and the UK. If you want to studying in UK, you need to consider food costs too.
Where the rent of student accommodation is cheaper?
When it comes to the cost of housing and rental, Canada and the UK have some notable differences. In general, the cost of living in Canada is basically lower than in the UK as per the housing market. The average monthly rent for student accommodation Cardiff is around £839 but the cost of a one-bedroom apartment in Canada is around CAD 1,166 which is approximately about £674. So, the accommodation rent in Canada is cheaper than in the UK. However, the cost of accommodation in both places can vary as per the location. You can find cities like Toronto and Vancouver having higher housing costs than the smaller cities and towns. In the UK, housing costs vary but are higher, especially in the cities like London. Overall Canada offers more affordable rental options and the cost of purchasing a home is also a significant consideration.
From where can you get cheaper utilities?
When it comes to the cost of the amenities, you can see a significant difference between Canada and the UK. The cost of basic utilities in the UK including electricity, heating, water, and garbage is about £154. However, when in Canada, the cost can be around CAD 161, which is approximately £93. This suggests that the cost of living in Canada is lower when it comes to utilities. However, the cost of utilities also varies significantly depending on the geographical location, the climate as well as the habits of the students. for example, if a student cannot sit without AC then the electricity cost will surge but if you don’t you AC so much, then you can relax. Moreover, in Canada, the cost of the bills can enhance during the winter months when heating is required especially when you are studying in Quebec and Ontario. In the UK, the water bills can get higher in those neighborhoods where there is water scarcity. It is important to note that the cost of utilities which can also be influenced by the factors like energy efficiency and also conservation efforts that can help in reducing the costs in the long term.
The final thoughts
The cost of living varies with the location. You can compare the cost of studying in Canada and studying in UK but you need to keep in consideration many different factors such as housing options, healthcare, food, amenities, and also transportation. While there are differences in the cost of living between the two countries, both offer high standards of living which comprises different types of opportunities for the residents. As per the data, the cost of living index in Canada was 67.14 whereas in the UK it was 70.78. however, the differences in cost can really vary significantly which completely depends on individual circumstances and lifestyle preferences. When deciding between Canada and the UK, it is really indispensable that all the factors which are essential to you needs to be carefully researched. You have to look on the options and costs before you decide. If you want to studying in UK, you need to check everything before making an informed decision.
