Looking for the useful information regarding your relocation to any of the cities can be a hard job, due to the fact that nobody can estimate the exact amount of money a person can spend and what are the things that the most money is given for.
The costs of living in London, Canada vary from person to person, but in general, it can be said that this city is more affordable than the majority of other Canadian cities, in terms of both rent and utilities prices.
Eating out is a way of relaxation and entertainment after hard work.
London offers restaurants of all categories, from the cheapest ones where a meal is $12 to the most posh ones where the price exceeds $100 per person.
Alcohol is expensive due to high taxes wherever you try to get it.
MARKETS
Cost of food expenses depends on various factors.
If you will be cooking your own meals at home, you will be able to spend less and even save some money on food, even though it is the hugest monthly expense.
If you choose to buy meals at food outlets or eat in the restaurants daily, then your budget will need to be over the average.
TRANSPORTATION
Local public transportation is very fast, efficient and reliable so it is a good opportunity to get through the city at the price of $60 per month.
If you drive a car, you must consider paying parking fees, registration and insurance besides the gasoline expenses.
UTILITIES (MONTHLY)
Utilities can either be or not be included in the cost of rent, and if you have to pay them separately, then $100 will be necessary for the basic ones.
The additional cost is the Internet access which is pretty expensive in Canada.
Nevertheless, London, Canada is still very affordable when it comes to services.
SPORTS & LEISURE
After a tiring day at job or school, you will need to relieve stress by spending some leisure time.
There are many inexpensive ways to enjoy in London, Canada such as going to the movies or do sports and this should be considered in your budget.
Every kind of entertainment is available here and how much you will spend depends on your lifestyle and habits.
CLOTHING & SHOES
When we take a look at the prices of the most common clothing items that are bought around the world, it can be said that London is quite affordable.
Canadians do not devote too much money on clothes, but foreigners who enjoy shopping for clothes and come here would be very pleased with the prices.
RENT PER MONTH
This city has to offer everything, and is still the one most affordable when it comes to rent.
Apartments in the city center are inexpensive and even a large family can live in a huge apartment for $1200 a month.
If you are single, and do not care about living in the center, you can find a good flat for less than $600.
How Does the Average Person Spend Their Money in London?
Getting acquainted with the average spending of the citizens of London, Canada ca be used a guideline of preparing yourself for the possible prices for accommodation and other living expenses once you relocate there.
These data is worth, because it can help you decide which categories are of crucial importance and which are not, related to monthly spending.
Food, accommodation with utilities and restaurants take the most of the budget, while all the others depend on person’s preferences and likings.
It is good to know that the difference between the lowest and the average monthly salary in London, Canada is so huge that it can cover monthly rent in the center of teh city.
This should be taken into consideration when it comes to income requirements before you make a deal with your employer.
This very wide spread between low and high salaries can affect your living conditions a lot if you do not choose the income that will provide you a decent life.
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Canada : Cost of Living by City
