Off-Campus Living Costs


Off-Campus Living Costs

Break

If this is the first time living on your own, you’re probably wondering, what is my cost of living going to look like? We encourage you to read this page for a breakdown of the major expenses a student living in the Greater Toronto Area (GTA) might have.

What do my costs include (but not limited to)?:

  • Tuition Fees

  • Rent/Utilities

  • Food

  • Transportation

  • Entertainment

Plan ahead with the U of T Financial Planning Calculator

Getting a clear picture of the cost of living can help you budget for the year. Estimated costs of living in Mississauga for 2019-20 are provided below.

Estimated living and studying costs for the academic year (8 months)

  • Food: $1604 - $3700
  • Clothing: $900 - $1100
  • Books, supplies and instruments: $1000 - $2000+
  • Miscellaneous: $1000 - $2000

Sources

Housing Costs

CMHC Rental Market Report (Toronto/GTA Average)

  • Room: N/A
  • Bachelor: $1,080 - $1,520
  • 1-bedroom apartment: $1,261 - $1,910
  • 2-bedroom apartment: $1,467 - $2,393
  • 3+ bedroom apartment: $1,633 - $2,982

*Near UTM

  • Room: $526
  • Bachelor: $1,053
  • 1-bedroom apartment: $1,250
  • 2-bedroom apartment: $1,495
  • 3+ bedroom apartment: $2,004

Sources:

CMHC Rental Market Report – Fall 2018

*U of T Off-Campus Housing Service Averages - Fall 2018