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The cost of living in Canada depends on your lifestyle. In any case budget a minimum of $700-$1500/month: Student room: $400-900 Food: $250-300 Public transit: $50 Phone: $30 Other possible expenses: Car insurance: $150-300/month Going out: you name it! These prices are only indicative and very much depend on the area you live and arrangements you can make: room sharing, car pooling, etc. The cost does not include flight training or study materials.