Are you considering moving to London, Ontario but wondering about the cost of living in this city? Well, you have come to the right place. In this article, we will explore the cost of living in London, Ontario and help you understand if it’s expensive to live here.
Cost of Housing
One of the biggest expenses you will face while living in London, Ontario is housing. The cost of housing mainly depends on your lifestyle and preferences.
However, on average, the rent for a one-bedroom apartment in the city center ranges from CAD 1,200- CAD 1,500 per month. If you prefer a larger space or a house outside of the city center, the costs may vary accordingly.
Cost of Transportation
London has an extensive public transportation system that includes buses and trains. The cost for a single bus ride is around CAD 3.00; however, if you are planning to use public transport regularly, it’s better to purchase a monthly pass which costs around CAD 88- CAD 100.
Cost of Food
The cost of food also depends on your lifestyle and eating habits. On average, a meal at an inexpensive restaurant costs around CAD 15-20 per person; whereas, a three-course meal at a mid-range restaurant can cost around CAD 60-70 for two people.
Utilities Cost
The utilities bill in London varies depending on various factors like the size of your house or apartment and usage patterns. Utilities like water and electricity can cost around CAD 150-200 per month.
Entertainment and Leisure
London offers various entertainment options such as cinemas, theaters, museums, parks, etc., which cater to different interests and budgets. On average, movie tickets cost around CAD 13 per person; whereas visiting museums or art galleries can cost around CAD 10-15 per person.
Conclusion
In conclusion, the cost of living in London, Ontario is relatively affordable compared to other major cities in Canada. The expenses mainly depend on your lifestyle and preferences. However, if you are planning to move here, it’s always better to consider all the expenses and plan accordingly.
- Cost of Housing: On average CAD 1,200- CAD 1,500 per month for a one-bedroom apartment in the city center
- Cost of Transportation: Monthly pass for public transportation costs around CAD 88- CAD 100
- Cost of Food: A meal at an inexpensive restaurant costs around CAD 15-20 per person
- Utilities Cost: Water and electricity can cost around CAD 150-200 per month
- Entertainment and Leisure: Movie tickets cost around CAD 13 per person; visiting museums or art galleries can cost around CAD 10-15 per person.
If you plan accordingly and spend wisely, you can enjoy living in London without breaking the bank.