Cost of Living in Canada vs the UK

Cost of Living in Canada vs the UK

Living in Canada vs the UK has been a hot comparison as both countries have strong historical links, many of which still exist today. When you consider the lifestyle of these two nations, you can conclude that being a Canadian is way different from being a Briton.

Although Canada and the UK have a lot in common, there are several differences between these two countries. Many of which include their tradition, culture, lifestyle, cost of living, among many others. Aside from the differences, Canada and the UK have things in common like sport, they are both homes to prominent sports stars.

Canada vs the UK

Canada is fast becoming a desirable place to move to and live in. Most people from the UK and Europe find the cost of living in Canada to be significantly lower than want they are used to in their home country. One of the major attractions when it comes to moving to Canada is the cost of housing compared to other western countries.

When it comes to landscape, Canada is about 9,984,670 sq. Km, while the United Kingdom, on the other hand, is about 243,610 sq. Km. Meaning the United Kingdom is about 2.44% of the size of Canada. When it comes to population, the United Kingdom has more people than Canada with a record of about 67,886,011 while Canada has a record of 37,742,154.

Universal healthcare, growing economy, progressive government, perfect geography, etc. are other side attractions that draw people to Canada. Budgeting before making a major move oversea is very important, and an important aspect of your budgeting should be factored towards how much your cost of living might be.

It might take a while to wrap your head around all the changes when you move, like getting to know the exchange rates, the cost of daily essentials, goods and services, etc. To help simplify the process, below is an overview of some of the major difference between the cost of living in Canada vs the UK.

Living in the United Kingdom

The United Kingdom (U.K) is a popular destination for many expats around the world. As one of the world’s major economic hub, it has several prospects for those seeking exceptional employment opportunities and a quality standard of living. With its diverse and tolerant culture, most expat in the UK immediately feels welcome, even though it still takes some time getting the rope on everything.

The United Kingdom has a rich history and a large landscape consisting of four nations and many regions. Regardless of what you are seeking, either an urban excitement or a rural calm, life in the U.K definitely has plenty of choices to offer you.

From the rocky highlands of Scotland to the extensive bays of Cornwell, the United Kingdom surely has something to offer everybody. For many people, moving to the UK means staying in London. London is the city capital and it is a big bustling city with enchanting neighbourhoods. Still, some of the best places to live in the UK is outside the city capital.

Life outside the city capital paves the way to a new world for people looking for a different experience. The cost of living in the UK is cheaper outside the city capital.

Best Places to Live in the UK

Living in Canada

The bitter cold of Canadian winter is a sure way to surprise and welcome you to the county. Canada is a great place to live and work, in fact, it is ranked the second-best country in the world behind Germany. Cultural influence, economic stability, health care services, quality education, etc. are all attributes that lure people to the country.

Compared to other countries, the unemployment rate is relatively low in Canada, and the standard of living is high.  It is a good country to grow old in due to its exceptional pension programs.

Best Provinces to live in Canada

Quality of Life in Canada vs the UK

If you live in Canada instead of the UK, you have:

  • 1% chances of living longer

The average life expectancy is 81 years in the UK – 83 years for women and 79 years for men. While in Canada, the average life expectancy is 82 years – 85 years for women and 79 years for men. In both countries, women have a higher chance of living longer than their male counterpart.

Women in Canada are 22.2% less likely to die during childbirth as about 7.0% of 1,000 women die during labour in Canada and 9.0% per 1,000 in the UK.

  • Spend 26.7% less on Taxes

Tax rates are higher in the U.K than in Canada. The UK has a top tax rate of 45.0% while Canada has a top tax rate of 33.0%.

  • Be 47.7% more likely to be unemployed

Even though the rate of unemployment is relatively low in Canada, it is not as low compared to the UK. In the UK, about 4.4% of adults are unemployed while in Canada, about 6.5% of adults are unemployed.

  • Spend 14.3% more on healthcare

Although Canada has one of the best health-care services in the world, this does not come without a price. In the U.K, you are more likely to spend 9.1% of your total GDP on healthcare. While in Canada, about 10.4% of GDP will be spent.

  • Be 37.3% less likely to live below the poverty line

Even though the standard of living in Canada is high, adults still have the prospects to live below the established poverty line in the country. Currently, about 9.4% of people in Canada live below the poverty line, while in the UK, the number is 15.0%.

  • 9% chances of having fewer children

The birth rate in both countries is low with a record of about 12.1 % of babies per 1,000 people in the U.K and 10.3% babies per 1,000 people in Canada.

Cost of Living in Canada vs the UK

The cost of living in Canada is 8.7% cheaper than in the United Kingdom. Below is an illustration of the differences.

 
Canada

CA$

United Kingdom

£

%

Area

9.98 million sq. km

242,495 km²

Population (2020)

37,742,154

67,886,011

Largest City

Toronto

London
Average Monthly Net Salary (After Tax)
3,128.96

1,904.47

+3.31 %

Housing Prices in Canada vs the UK

Housing in Canada is 2.3% lesser than in the UK, below is the breakdown:

 Canada

(CA$)
United Kingdom
£

%
Monthly rent 1-bedroom apartment within city Centre1,327.44755.34-2.25 %
Monthly rent 1-bedroom apartment outside city Centre1,094.63613.33 -3.74 %
Monthly rent 3-bedroom apartment within city Centre2,148.481,267.20+1.32 %
Monthly rent 3-bedroom apartment outside city Centre1,776.60979.08-5.33 %
Buying an apartment within the city Centre (per square meter)5,972.364,285.49+23.27 %

Buying an apartment outside the city Centre (per square meter)

4,180.64

3,053.04

+25.45 %

Groceries Cost in Canada vs the UK

Groceries are 34.7% higher in Canada than in the UK, below is what the comparison looks like:

 
Canada
(CA$)

United Kingdom
£

%

Apples (1 kg)

4.11

1.80

-24.70 %

Potatoes (1kg)

2.94

1.81

 -24.72 %

Fast food (combo meal)

11

12

-4%

Eggs (12)

3.44

1.93

-3.75 %

A bottle of red wine

15.00

7.00

 -19.83 %

Tomatoes (1 kg)

4.12

1.81

-24.72

Domestic Beer

3.00

1.72

 -1.47 %

Milk (1 litre)

2.50

0.91

-37.59 %

White bread (500g)

2.91

1.00

-41.22 %

Banana (1 kg)

1.74

1.12

+10.20 %

White Rice (1 kg)

3.85

0.99

-55.80 %

Local Cheese

12.83

5.58

-25.29 %

Chicken Fillet (1 kg)

13.29

5.69

 -26.39 %

Onion (1 kg)

2.61

0.99

-34.69 %

Beef (1 kg)

15.01

7.62

-12.75 %

Oranges (1 kg)

4.05

1.69

 -28.23 %

Lettuce (1 head))

2.53

0.74

-50.04 %

Water (1.5 litre

2.24

0.95

-27.14 %

Restaurant Cost in Canada vs the UK

Going to a restaurant is 5.6% cheaper in Canada than in the UK. below is the breakdown of some basic menus:

 
Canada
(CA$)

United Kingdom
£

%

Meal at an inexpensive restaurant

16.00

12.00

+28.84 %

Meal for 2 (three-course)

70.00

50.00

 +22.71 %

Combo meal

10.00

6.00

 +3.07 %

Imported beer (0.33 bottle)

7.50

4.00

-8.38 %

Domestic beer (0.5-liter draught)

6.00

3.70

 +5.94 %

Water (0.33 litre)

1.83

0.98

 -8.60 %

Cigarettes (20 packs)

15.00

11.00

+25.98 %

Cappuccino (regular)

4.23

2.76

 +11.93 %

Coke/Pepsi (0.33 liter)

2.24

1.33

+1.80 %

Transportation Cost in Canada vs the UK

The cost of transportation is 27.1% lesser in Canada than in the UK.

 
Canada (CA$)

United Kingdom
£

%

Gas (1 litre)

1.15

1.27

+89.82 %

Public transport ticket (monthly)

119

145

-14%

A one-way ticket (local transport)

3.25

2.50

+32.15 %

New Toyota Corolla Sedan

24,329.50

20,031.87

 +41.44 %

New Volkswagen golf

26,000.00

20,000.00

+32.15 %

Taxi start

4.00

3.00

+28.84 %

Monthly regular pass

97.00

65.00

 +15.12 %

Taxi 1 km

2.00

1.24

+6.51 %

Taxi 1 hour Waiting (regular tariff)

34.00

17.40

-12.08 %

Childcare Cost in Canada vs the UK

The cost of childcare is 40.8% lesser in Canada than in the UK.

 
Canada (CA$)

United Kingdom
£

%

Yearly Childcare Per Child -
International Primary School

14,169.17

13,547.14

+64.25 %

Monthly Preschool/Kindergarten per child

979.70

928.42

+62.80 %

Clothing Cost in Canada vs the UK

You will pay less for clothing in Canada than in the U.K – 8.7%

 
Canada (CA$)

United Kingdom
£

%

A Pair of Jeans

64.25

59.13

+58.10 %

A Pair of Running Shoes

101.03

62.43

 +6.16 %

Summer Dress in a Chain Store

45.34

29.70

+12.51 %

A Pair of Men Leather Business Shoes

126.08

61.97

-15.57 %

Gym Cost in Canada vs the UK

 
Canada (CA$)

United Kingdom
£

 %
Gym membership (1 montth)
49.91

30.57

+5.22 %

Renting a Tennis court (1 hour on weekend)

20.44

10.28

-13.57 %

Cost of Schooling in Canada vs the UK

Cost of schooling for both the undergraduate program and postgraduate program in Canada is cheaper than in Australia. For international students, it cost 150 CAD to apply for a Canadian student visa, and £310 to apply to UK student visa

Cost of Undergraduate program in Canada vs the UK

 
Canada
(CA$)

United Kingdom
£

Program duration

4 years

3 years

Tuition

10,000 – 30,000 yearly

8,000 - 15,000 yearly

Living expenses

10,000 – 12,000 yearly

12,000 - 15,000 yearly

Total

20,000 – 42,000 yearly

20,000 - 30,000 yearly

Cost of postgraduate program in Canada vs the U.K

 
Canada
(CA$)

United Kingdom
£

Program duration

1-2 years

1-2 years

Tuition

15,000 – 35,000 yearly

10,000 - 20,000yearly

Living expenses

10,000 – 12,000 yearly

12,000 - 15,000 yearly

Total

25,000 – 47,000 yearly

22,000 - 35,000 yearly

Cost of Utility in Canada vs the UK

 
Canada
(CA$)

United Kingdom
£

%

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m2 apartment

157.96

154.76

+68.31%

Local mobile prepaid tariff (1 min.)

0.35

0.11

-45.35%

Internet service (60 Mbps)

76.31

31.13

-29.93%

The above analysis should give you an insight into cost of living in Canada and the UK. If you are considering staying in any of the countries, weigh in the pros and cons of both country and decide on where you see yourself living more comfortably.

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