Cost of Living in Niagara Falls: Updated Prices, Comparison with Other Cities

Niagara Falls, a world-renowned tourist destination, offers more than just breathtaking waterfalls and stunning natural beauty. It is also home to a diverse and vibrant community, making it an attractive option for international students seeking higher education in Canada. Understanding the cost of living in Niagara Falls is crucial for students as it directly impacts their financial planning and overall studying experience. But what is the cost of living in Niagara Falls?

For students considering higher studies in Canada, Niagara Falls offers a blend of affordable living, quality education, and a funloving community. This comprehensive guide explores the cost of living in Niagara Falls in detail, providing valuable insights to help you budget effectively and make an informed decision.

Cost of Living in Niagara Falls Overview

The average cost of living in Niagara Falls for a single person is approximately CAD 2537 per month, according to LivingCost Data. If we break it down, the rent for a one-room apartment ranges from CAD 1169 to CAD 1357 per month. Food expenses are about CAD 767 per month, and transportation costs are around CAD 71.3 per month. The overall cost of living in Niagara Falls per month can vary based on lifestyle choices, the specific area, and other personal factors.

Niagara Falls is one of the top 23% of most expensive cities globally and ranked 60th out of 153 in Canada for cost of living. The type of accommodation, food preferences, and personal spending habits. All these costs play a significant role in determining the final costs. This detailed overview provides a clearer picture for those considering a move to Niagara Falls, helping in effective financial planning.

Also read: Cost of Living in Calgary: Updated Prices, Other Cities Comparison

Costs of Accommodation in Niagara Falls

Before moving, it is essential to thoroughly research and compare apartment rents in different areas to ensure they meet your needs and budget. Rental costs can vary based on location, size, and type of accommodation. There are two types of accommodation available in Niagara Falls, such as On-Campus Housing and Off-Campus Housing. For your reference, we have given the details of these types of accommodation with their costs. below:

On-Campus Housing in Niagara Falls

Accommodation expenses make up a significant portion of the overall cost of living in Niagara Falls. When planning your budget for Niagara Falls, it’s important to consider these costs. For students, on-campus housing is a convenient and often affordable option. The Universities in Niagara Falls offer various housing options, including dormitories and apartment-style residences. 

Costs of on-campus housing range from CAD 5,000 to CAD 8,000 per academic year, depending on the type of accommodation and meal plan chosen. On-campus living not only provides proximity to classes but also includes utilities, internet, and access to campus facilities.

Off-Campus Housing in Niagara Falls

Off-campus housing is another popular option for students. For instance, a one-bedroom apartment in Niagara Falls’s city centre typically costs around CAD 1169. To help you better understand housing expenses, we have compiled average cost data for various flats both inside and outside the city centre.

Apartment Type	Location	Approx. Monthly Cost
1 bedroom	in the City Centre	CAD 1169
3 bedrooms	in the City Centre	CAD 1357
1 bedroom	Outside of Centre	CAD 2200
3 bedrooms	Outside of Centre	CAD 2158

Cost of a Utility in Niagara Falls 

For a one-bedroom apartment in Niagara Falls, the average monthly utility costs are approximately CAD 147. However, this amount can vary depending on the specific utilities used and the size of the apartment. It’s crucial to consider these utility expenses when estimating your total cost of living in Niagara Falls, as they can have a substantial impact on your budget.

Utility services in Niagara Falls encompass essential amenities that contribute to residents’ quality of life. These services typically include electricity, water, heating, internet, and waste management. Below is a summary of the average utility expenses residents can expect in Niagara Falls:

Utility Type	Utility Name	Approx. Cost
Basic Utility Bills	Water, Electricity, Heating, etc	CAD 147
Internet	50 Mbps+, Unlimited Data, Monthly	CAD 79.4
Mobile Phone	Monthly Plan with Calls and 10GB+ Data	CAD 45

Also read: Cost of Living in Saskatoon: Updated Prices, Comparison with Other Cities

Costs of Dining in Niagara Falls

For those who like to eat out, Niagara Falls has a diverse culinary scene that can be both enjoyable and affordable. However, the cost of eating out varies based on the type of restaurant, the cuisine, the number of diners, and the location. Eating out regularly can affect the student budget and the overall cost of living in Niagara Falls. 

On average, a student might spend around CAD 767 per month on food. However, cooking at home is often a more economical choice for students. It will help you save you a lot of money. Here is an approximate estimate of the average cost of a meal at restaurants in Niagara Falls:

Type of Restaurant	Approx Cost of Meal in Restaurant
Lunch Menu	CAD 25.1
Dinner in a Restaurant, for 2 person	CAD 98.6
Fast food meal, equiv. McDonald’s	CAD 14.3
Cappuccino	CAD 4.71

Cost of Grocery in Niagara Falls

Grocery expenses are a significant portion of the daily cost of living in Niagara Falls, particularly if you prepare your meals at home. Your meal preferences will decide your grocery budget, impacting the overall cost of living in Niagara Falls, Canada.

In Niagara Falls, to save money on groceries, it’s beneficial to compare prices across different stores and vendors. Grocery prices can vary according to the quality and quantity of the products, as well as the location and availability of the store. Below is a table summarising the average grocery expenses in Niagara Falls for those planning to cook at home:

Grocery Item	Approx Cost
Apples (1kg)	CAD 6.07
Banana (1kg)	CAD 0.99
Oranges (1kg)	CAD 2.75
Water (1.5 liter bottle)	CAD 1.75
Milk (regular), (1 litre)	CAD 2.51
Loaf of Fresh White Bread (500g)	CAD 3.74
Rice (white), (1kg)	CAD 4.8
Tomato (1kg)	CAD 3.88
Potato (1kg)	CAD 1.77
Onion (1kg)	CAD 1.02
Lettuce (1 head)	CAD 3
Eggs (regular) (12)	CAD 3.81
Local Cheese (1kg)	CAD 12

Transportation costs in Niagara Falls

Niagara Falls features a well-developed transportation infrastructure, including intercity rail,  commuter bus service, cabs, etc. This network effectively meets the needs of its residents, ensuring connectivity and accessibility throughout the area.As commuting to and from college, for a student transportation costs will be a regular part of their routine. 

Transportation expenses in Niagara Falls can significantly impact your overall cost of living in Niagara Falls. To help you estimate your transportation budget, we have provided a table with average transportation costs below. Review it to plan your travels around the Niagara Falls area comfortably.

Mode of Transport	Approx Cost
Ticket for Monthly Pass in a Public transport	CAD 86.3
Ticket for Local Public transport	CAD 2.37
Local tariff for the Taxi Ride of 8 km	CAD 19.2
1 L or 0.26 gal Gas / Petrol	CAD 1.5

Also read: Cost of Living in Regina: Food, Room Rent & Transportation

Miscellaneous Costs in Niagara Falls

The costs that includes a gym subscription, movie tickets, clothing, minor medical appointments, etc are considered as the Miscellaneous costs. These miscellaneous expenses should be taken into account when managing your budget for the cost of living in Niagara Falls. You may encounter these miscellaneous costs during your studies in Niagara Falls, Canada. 

Although these miscellaneous costs may vary depending on individual lifestyles and preferences, they are important for financial planning. Please see the table below for a detailed list of these fees.

Miscellaneous	Approx Cost
Movie Ticket	CAD 16
Brand Jeans	CAD 77
Fitness Club	CAD 27.9
Brand Sneakers	CAD 108
Doctor’s visit	CAD 76.6

Cost of Living in Niagara Falls Compared to Other Cities

Niagara Falls is often considered a city with a moderate cost of living compared to other Canadian cities. When evaluating the cost of living in Niagara Falls, many expenses come into play such as housing, transportation, dining, and entertainment. Despite these expenses, Niagara Falls remains an attractive option for those in Canada looking for a balanced lifestyle with relatively low living costs.

So to give you an idea of how the cost of living in Niagara Falls compares to other cities like Toronto, Calgary, Montreal, Ontario, Canada, Colorado and the UK. We’ve given the cost of living in other cities. Please have a look:

Cost of Living City Wise	Average Cost of living (including rent)	Comparison with Cost of Living in Niagara Falls
Cost of Living in Toronto	CAD 3510	Higher than Niagara Falls
Cost of Living in Ontario	CAD 3072	Higher than Niagara Falls
Cost of Living in Calgary	CAD 2879	Higher than Niagara Falls
Cost of Living in Mississauga	CAD 3542	Higher than Niagara Falls
Cost of Living in Halifax	CAD 2941	Higher than Niagara Falls
Cost of Living in Canada	CAD 2782	Higher than Niagara Falls

Average Tuition Fees in Niagara Falls

Understanding the tuition fees at universities in Niagara Falls is crucial for international students, as these costs can significantly impact the overall cost of living in Niagara Falls. Tuition fees at Niagara Falls universities or colleges vary based on the specific program and level of study. 

It’s important for prospective students to carefully consider their educational goals and financial resources when planning for higher education. Below is an overview of the average tuition fees at universities in Niagara Falls:

University of Niagara Falls

The University of Niagara Falls offers a wide range of undergraduate and graduate programs. Tuition fees vary depending on the course of study and level of education. In the table below we have given tuition fees at the University of Niagara Falls. Please have a look at it.

Name of University	Approx Tuition Per year
University of Niagara Falls	CAD 20,010 – CAD 32,000

Niagara College

Niagara College provides various diploma, certificate, and degree programs. The tuition fees differ based on the program and whether the student is pursuing a full-time or part-time course. In the table below we have given tuition fees at the University of Niagara Falls. Please have a look at it.

Name of University	Approx Tuition Per year
Niagara College	CAD 17,000 – CAD 29,000

By planning their finances well, students can maximise their opportunities to receive a high-quality education at an affordable price. It’s also advisable to check for financial aid or scholarships available on the official websites of Canadian universities.

Now you have understood that the cost of living in Niagara Falls is relatively affordable compared to other Canadian cities, making it an attractive destination for students pursuing higher education. By understanding the various expenses, students can enjoy a comfortable and enriching experience while studying in Niagara Falls.

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FAQs

So, this was all about the cost of living in Niagara Falls. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.