The cost of living (prices of basic necessities of life: housing, food, clothing, etc.) varies from country to country. This is affected by differing values of currencies.
No matter how much it costs to live in a particular city or country, you still need to manage your money. Inmylanguage.org will provide information and give you an idea of how to budget for your move to Canada.
Here are other resources to help you calculate your budget:
Comparing cost of living
Below are series of charts that will give you an idea what it costs to live in London-Middlesex. Comparisons are made with other Canadian cities and the numbers are based on Statistics Canada’s 2011 National Household survey and other sources as noted on the charts.
Value of Dwellings
Value of dwellings refers to the dollar amount expected by the owner if the dwelling was to be sold.
Percentage of Home Owners with a Mortgage
In the City of London about 60% of home owners have a mortgage.
Monthly Shelter Costs for Owned Dwellings
Monthly shelter costs for owned dwellings include mortgage payments, utilities and property taxes.
Monthly Shelter Costs for Rentals
Monthly shelter costs for rented dwellings include rent and utilities.
Commuting Duration refer to how many minutes it takes a person to travel from home to work.
Walking or Cycling to Work
Percentage of employed Londoners who walked or cycled to work.
Result to the Canadian Community Health's survey question, "How satisfied are you with your life in general?"
Sense of Belonging to the Local Community
Result to the Canadian Community Health's survey question "How would you describe your sense of belonging to the local commuity?"