How Much Does It Cost to Live In Moncton?
Even though many people think that Canada has to offer great living conditions, high salaries and excellent life, it is no secret that living in Canada is not cheap at all.
By looking at the cost of living in Canada’s major cities, it is difficult to decide which one to choose as your future living place.
It is clear that you cannot escape the high costs, but the city of Moncton might be the one that is the most affordable here.Cost of Living Index:
Canada : Cost of Living by City
- Nanaimo, BC
- Quebec City
- Red Deer
- St. John’s, NL
Moncton is a growing city and the restaurant prices are highly affected by the price of food in general, as well as the number of tourists that visit them frequently.
The prices of alcohol are high, as in the whole country, due to the taxation.
Eating out in pretty good pubs and restaurants in Moncton is joyful, but preparing your meal at home would be much better for your budget as you can purchase groceries at lower prices at the local markets or choose to buy foodstuff at discounted prices which are frequent in big supermarkets in the city.
Due to the fact that this city is not huge, traffic is almost non existent compared to major Canadian places and public transportation is fine, as you can use it whole month at the price of less than $50.
Canadians are known as drivers, so you can also use your own vehicle if you possess it for commuting.
One not so good thing about living in Moncton is that the cost of utilities, being slightly higher than in the rest of the cities of the same rank in Canada.
The Internet access is quite expensive, reaching $66 per month, while for all the other utilities you will need to pay around $120.
SPORTS & LEISURE
Entertainment can be found here, but not so much as in more developed cities.
Going out to movies can cost you $9 per person, while the gym is $27 per month.
Tennis court rent is far too expensive than in most of Canada, being $27 for just one hour of practice.
CLOTHING & SHOES
Coming here would not be satisfactory for shoppers, as the city cannot boast low clothing prices.
The prices are rather higher than in some other Canadian cities and people would not have the benefit of buying clothes here.
However, they are still lower than in some European cities.
RENT PER MONTH
Moncton is an especially attractive destination for people who desire a cheaper and simpler lifestyle.
That might be the reason why the rent prices are quite lower than in the majority of Canadian cities.
Finding an apartment in the city center for just $550 is impossible in many countries in the world.
Cost of Living Averages Table for Moncton*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$11.35|
|Domestic Beer (0.5 Liter)||$4.54|
|Water (0.33 Liter)||$1.28||Average Market Prices|
|Milk (1 Liter)||$6.51|
|Loaf Bread (500g)||$2.01|
|Eggs (12)||$2.65||Average Transport Prices|
|One Way Ticket||$1.89|
|Gasoline||$3.36||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$113.49|
|1 min. of Prepaid Mobile Tariff Local||$0.19|
|Internet (Unlimited Data, Cable/ADSL)||$66.20||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$27.80|
|Tennis Court Rent (1 Hour)||$27.74|
|Cinema, 1 Seat, International Release||$9.08||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$44.31|
|1 Summer Dress in a Chain Store (Zara, etc...)||$30.52|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$75.66||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$546.94|
|Apartment (1 bedroom) Outside of Center||$495.56|
|Apartment (3 bedrooms) in City Center||$904.45|
How Does the Average Person Spend Their Money in Moncton?
Moncton is the city where less money is given for rent and it makes a huge impact on your monthly budget.
You will have more money left to spend on some other necessities.
If you live further from work, commuting will take you 10% of the monthly budget.
People in Moncton pay attention to their quality of life, so they devote pretty much money to joyful dining out, while a negligible amount of money is spent on apparel.
Food is again the necessity which costs the most.
Average Costs Breakdown
Moncton: Average Salary, Minimum Wage & Mortgages
Not before you have become certain about all the advantages and disadvantages of Moncton should you decide whether to settle there or not.
Considering the rent, this is definitely the city where you can afford paying it even if you earn the minimum wage.
If you are lucky enough to find a job that would provide you with the average salary, then your life in Moncton will be a pleasure and you will be able to pay all the expenses and even put some money aside.
Cost of Living by City in Moncton
|City||Cost of Living Index|
|St. John’s, NL||74.05|