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Budget Calculator

Time to do some math. Use our calculator to get a budget estimate for spending one year at university.

Income

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Fixed Expenses

$ If you've used the Quick Estimate calculator, this number has been pre-filled for you. 

$ The cost of books varies from program to program. Adjust this number as necessary for your situation. 

$ If you're staying in residence with a meal plan, put the cost for the year here. 

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Monthly Expenses

$ The average cost for a 2-bedroom apartment, according to CMHC, is $799/month. 

$ If you're not on a meal plan in residence, you should allot $200-$250/month for food. 

$ Hot water for a 2-person household is around $30/month. Electricity/heat runs $90-$100/month. These numbers vary based on heat source and consumption. 

$ Basic service is $25/month before taxes. Long distance plans vary. 

$ You can get internet for as little as $35/month. 

$ Basic Services: $20/month. Digital Services: $65+/month. 

$ A Universal Transit Pass is included in full time tuition fees. Students enjoy unlimited use of buses and ferries during the school year. 

$ A movie at the theatre costs $10.99. A nightclub cover charge is typically around $7. 

$ Remember to take seasonal changes into account. 

$ Enter at least the minimum payments for all your credit cards (including department store cards) here. 

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