Halifax might not be a place in Canada that first comes into our mind, but it is still a location worth consideration if you have decided that Canada is the dream country where you want to continue your life.
Living in the city today is a lot more expensive than it once was, but at the same time, its popularity increases.
No matter where in the world you go, taking a look at just how much it costs to live there is a clever decision.
For those who like dining out, but do not have wages above the average, there are a lot of great inexpensive places to eat where a meal for one costs $12.
Be ready to pay a lot more if alcohol goes with your meal, as the taxes on alcohol are huge in Canada, thus affecting its price.
How much one family will pay for groceries highly depends on the number of family members, their diet and lifestyle.
Generally speaking, it can be said that a huge amount of money is spent on foodstuff and this does not include alcohol or dining out.
Purchasing food at discounted prices would be of great help to your budget.
People in Halifax tend to commute by car, and the majority of population possess it, which is considered pricey.
Assuming that you, as a foreigner, do not have a car, you can utilize efficient and fast public transit, which is at the same time very affordable.
It is noted that the Internet access is extremely expensive in Canada, and in Halifax the price is even higher.
This is due to little competition and very few Internet providers which hold high prices.
All the other services together can cost around $100, depending on the factors that affect the consumption.
SPORTS & LEISURE
Random expenses, such as spending quality leisure time, either doing sports or watching a movie at the cinema, always tend to be higher than we expect and the prices of fitness clubs in Halifax approve that fact.
Cinema releases are quite affordable, when compared to the high standard of living.
CLOTHING & SHOES
If you are flexible and prudent in handling finances you, will be able to save some money and spend it on clothing.
All in all, Canada is not too expensive when apparel is in question and designer clothing items can be found at reasonable prices.
Still, the least money is devoted to it.
RENT PER MONTH
Looking for an apartment in Halifax might be problematic, as finding the perfect place which will suit your budget would not be an easy task.
Unlike the rest of Canada, apartment rents in Halifax are cheaper and if you are a lifelong renter, you might consider renting it out of the center thus saving a lot of money on an annual basis.
Cost of Living Averages Table for Halifax
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$11.26|
|Domestic Beer (0.5 Liter)||$4.50|
|Water (0.33 Liter)||$1.25|
|Average Market Prices|
|Milk (1 Liter)||$6.48|
|Loaf Bread (500g)||$1.99|
|Average Transport Prices|
|One Way Ticket||$1.88|
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$94.46|
|1 min. of Prepaid Mobile Tariff Local||$0.24|
|Internet (Unlimited Data, Cable/ADSL)||$65.67|
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$41.68|
|Tennis Court Rent (1 Hour)||$16.26|
|Cinema, 1 Seat, International Release||$9.38|
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$48.17|
|1 Summer Dress in a Chain Store (Zara, etc...)||$30.70|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$78.60|
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$834.92|
|Apartment (1 bedroom) Outside of Center||$625.31|
|Apartment (3 bedrooms) in City Center||$1418.76|
How Does the Average Person Spend Their Money in Halifax?
Halifax is the city where people spend almost 40% of their monthly budget on food.
When the housing is in question, the majority has their own apartments and houses, so they save a lot on rent.
Restaurants take more money than transportation and utilities.
However, the cost of each person’s living cannot be estimated as preferences are distinct.
While one will pay a lot to have a decent training, other would spend a fortune on a branded shoes or dresses.
Halifax: Average Salary, Minimum Wage & Mortgages
Halifax is a city where it is not expensive buying your own property and saving much on rent, due to the fact that mortgage interest rate is 3.6%.
However, the newcomers would not be able to buy an apartment once they come, so paying a rent would take them much of monthly salary.
The average income is pretty high and estimated to be enough to cover all the expenses, including the rent.
On the other hand, the minimum wage is so low, that is is not enough for rent and food, and not to mention other costs.
Cost of Living by City in Canada
*Click the name of the city for more information.