A new report from global education platform ApplyBoard has revealed the true cost of studying in Canada in 2025, showing steep increases in tuition and housing expenses for international students.
According to the analysis, the average undergraduate tuition for international students now exceeds $41,000 per year, a 4% rise from last year.
Graduate students are not spared either, with tuition climbing 3% to an average of $24,000 per year.
Over the duration of a full program, this translates to more than $177,000 for a four-year undergraduate degree and nearly $50,000 for a two-year postgraduate program.
Big Gaps between Provinces
The study highlights wide provincial disparities in education costs:
- Ontario remains the most expensive destination, with undergraduates paying close to $200,000 over four years – 25% higher than British Columbia.
- Newfoundland and Labrador is the most affordable, with a four-year undergraduate degree averaging $75,000 in total – less than half the national average.
- For graduate programs, Ontario, BC, and Nova Scotia charge above the national average, while Saskatchewan and Newfoundland and Labrador offer the best value, costing less than half Ontario’s average.
Housing Still a Major Expense
The cost of living also weighs heavily on students. Despite a 5% dip in 2025, Toronto and Vancouver remain the most expensive rental markets, with students in Vancouver expected to spend as much as $110,000 on rent alone during a four-year program.
More affordable options include prairie cities such as Regina, Saskatoon, and Winnipeg, and Atlantic cities like St. John’s and Saint John, where average rents for one-bedroom apartments remain below $1,300 per month.
In contrast, smaller cities such as Regina and Saint John recorded double-digit rent hikes this year.
Smart Choices Can Save Students Thousands
ApplyBoard’s findings suggest that choosing less expensive provinces could save international students significant amounts.
For instance, a student opting to study in Newfoundland and Labrador could save over $120,000 compared to Ontario.
With Canada’s proof of funds requirement now set at $22,895 plus first-year tuition and travel costs, experts warn that financial planning is more critical than ever.
“Canada remains a leading global study destination,” the report noted, “but where students choose to study has a dramatic impact on affordability and overall experience.”
