Understanding the cost of living in BC is essential for planning your budget, especially if you’re a student or newcomer.
Below is an elaboration of key expenses:
1. Housing
Housing costs vary significantly depending on the type of accommodation and location within the province.
• Shared Accommodation: $500 to $800 per month (Prices can differ based on the locality)
• Private Rentals: $900 to $2,000 per month (Prices can differ based on the locality)
• Homestays: $900 to $1,200 per month (Prices can differ based on the locality)
Shared Accommodations:
Shared housing is one of the most affordable options. This arrangement usually involves renting a room in a house or apartment shared with other tenants, with utilities and shared living spaces often included in the cost.
Private Rentals:
Renting an individual apartment or suite offers greater privacy but comes at a higher cost. Urban areas like Vancouver and Victoria tend to be more expensive compared to smaller towns.
Homestays:
Homestay programs are an excellent option for students or newcomers who want a cultural immersion experience, making it a convenient and cost-effective choice.
2. Transportation
BC offers various transportation options, with costs depending on your preferred mode of travel.
• Public Transportation monthly pass: $100.00 to $185.20 per month
Public transportation, including buses, SkyTrains, and SeaBuses, is efficient and widely available in urban areas.
• Cycling:
Many cities, including Vancouver, are bicycle-friendly, with dedicated bike lanes and storage facilities. Cycling is a cost-effective and environmentally friendly transportation option.
• Ride-Sharing Services:
Ride-sharing platforms like Uber and Lyft operate in most urban areas, providing a flexible but more expensive alternative to public transit. Costs vary based on distance, time, and demand.
3. Food and Groceries Estimation
• Groceries: $200 to $400 per month (Depends on the quantity)
• Monthly Food (Lunch Box/Tiffin) services: $180 to $380 per month (Depends on the Frequency, quantity and Veg or Non-Veg preferences)
• Dining Out/ Uber eats: $10 to $25 per item (Depends on the Restaurant/ Store)
• HelloFresh Meal Kits: $65 to $120 per week (Depends on the quantity and items)
Food expenses depend on individual eating habits and preferences.
Groceries:
Cooking at home is the most economical option. The estimate includes staple items like fresh produce, dairy, and meats but varies based on dietary preferences and shopping habits.
Monthly Food (Lunch Box/Tiffin) services:
For those seeking convenience, monthly tiffin services are available. These services deliver meals to your preferred location on your desired days and times. Options are available for vegetarian, Vegans and non-vegetarian preferences. Prices depending on factors like quantity, menu variety, and service provider, facilities and customization vary across providers, offering flexibility to meet dietary needs.
Dining Out:
Eating at restaurants or ordering takeout can increase your monthly food budget significantly, Pricing depends on the setting of the restaurant (casual or fancy).
HelloFresh Meal Kits
For those who enjoy cooking but prefer convenience, they delivers pre-portioned ingredients and easy-to-follow recipes to your doorstep, making meal preparation hassle-free.
4. Monthly Phone and Internet Bills
• Cell phone with internet: $40 to $80 per month (depends on the service provider)
• Wi-Fi Internet connection: $100 to $300 per month (Optional as some accommodations cover this cost)
Buying a SIM Card
Some available options of the providers are: Rogers, Telus, Bell, Freedom Mobile, etc.
• Documents needed for this is your Study Permit, Passport and Credit Card (optional).
5. Health insurance
• Private Health Insurance: $60 to $120 (Depends on the plan and the service provider)
• Provincial health insurance (MSP): $75 per month
Private Health Insurance (First 3 Months):
During your initial three months in BC, you are required to purchase private health insurance. This is essential as the BC MSP (Medical Services Plan) coverage begins only after three months of residency.
BC MSP (Medical Services Plan):
After three months, you are required to enroll in BC MSP, which is mandatory for all students in British Columbia. Coverage Includes: Doctor visits, diagnostic services, and hospital care.
*Note: These all are just estimated values that are subject to change according to the students preferences and lifestyle.*
Transit:
The most convenient option for commuting to and from Insignia College is using public transit.
The 310 bus route is available every day to meet the commuting needs of students.
Weekdays: TransLink services operate from 5:43 AM to 8:15 PM, with frequencies ranging from every 18 to 32 minutes.
Sundays: Services run from 7:15 AM to 8:15 PM, with frequencies every 29 to 31 minutes.
Saturdays: Services run from 6:15 AM to 8:15 PM.
TransLink serves as the regional transportation authority for Metro Vancouver, overseeing all transit services throughout the area.
For detailed schedules and maps, visit their website: https://www.translink.ca/schedules-and-maps.
Public Transportation:
Buses and SkyTrain are easily accessible for reaching Insignia College.
Compass Card is required for travel on public transit in Metro Vancouver.
Car Sharing:
Another convenient mode of transport is car sharing, which allows users to access vehicles when needed.
Car-sharing companies like Evo and Modo provide these services. (Prices are provided by the service providers.)
Ride-Hailing: Few Pick and drop service providers are:
Vancouver Taxi
MacLure’s Cabs
Yellow Cab Vancouver
Lyft
Uber
Transportation from Vancouver International Airport:
Students arriving at Vancouver International Airport (YVR) have various transportation options to reach to their destination:
Airport Taxis, Uber, Lyft, or local taxi services like Richmond Taxi and Surrey Taxi.
Canada Line SkyTrain connects the airport with different localities throughout Vancouver and nearby areas.
*Note: All prices depend entirely on the service providers.*
What it is: The Compass Card is a reloadable card used for public transportation across Metro Vancouver.
Card Options:
Orange Card: For youth under 18 years and senior citizens.
Blue Card: For adults above 18 years old.
Pricing:
Single Ride: Starting at $3.10 for adults and $2.05 for concession (youth/seniors).
Reload Options: Funds can be loaded for single rides or purchased as monthly passes.
Where to Purchase/Reload:
– Local Shoppers Drug Mart.
– Compass vending machines available at any SkyTrain station.
– Online through TransLink Compass Card Online.
For more details and how to apply online, visit the TransLink Compass Card Information Page. https://www.translink.ca/transit-fares/where-to-buy
For assistance with trip planning, safety, or any concerns regarding TransLink services, contact their Customer Information team by phone at 604-953-3333 or through Live Chat at translink.ca/contact. Your inquiries not only get you answers but also contribute to TransLink’s understanding of customer needs, aiding in service improvement and information dissemination.
1. Private Health Insurance (First 3 Months)
During your initial three months in BC, you must purchase private health insurance. Some options include:
o Guard.me
o Allianz Global Assistance
o Manulife
*Note: These are suggestions, and the prices will vary depending on the service provider. You are encouraged to explore additional options online or offline to find the best fit for your needs.*
2. BC MSP (Medical Services Plan)
After three months, you must enroll in BC MSP, which is mandatory for all the BC students.
The British Columbia (BC) Medical Services Plan (MSP) is the public health insurance plan operated by the BC government.
How to Apply for BC MSP
1. Go to the BC MSP Application Portal.
2. Complete the Online Application Form.
3. Pay the $75 Monthly Fee, this fee is non-negotiable and must be paid to maintain your coverage.
4. Submit Proof of MSP Enrollment to the College.
For more details on health insurance options and requirements, visit https://studyinbc.com/current-students/health/
BC MSP includes coverage for appointments with doctors, visits to hospitals, and essential medical services https://www2.gov.bc.ca/gov/content/health/health-drug-coverage/msp/bc-residents/benefits/services-covered-by-msp.
Effective January 1, 2020, international students holding study permits are required to remit a monthly $75 health care coverage fee https://billing-and-payment.revenueservicesbc.gov.bc.ca/international-student-health-fee.
As a tenant in British Columbia, you are protected under the Residential Tenancy Act (RTA), which outlines both landlord and tenant rights and responsibilities.
Below are some key points to ensure you are informed of your rights:
Security Deposits
o Landlords are permitted to collect a security deposit when you sign a tenancy agreement, but the amount cannot exceed half a month’s rent.
o The security deposit must be returned within 15 days after you move out, provided there are no damages to the property or unpaid rent.
o If any portion of the deposit is withheld for damages, the landlord must provide a detailed statement and receipts to justify the deductions.
Written Tenancy Agreements
o Landlords are required to provide tenants with a written tenancy agreement that clearly outlines:
The terms of the tenancy (fixed-term or month-to-month).
The rental amount and due date.
Any rules related to the property (e.g., smoking, pets).
o Both parties must sign the agreement, and the landlord must give the tenant a copy.
o If any terms in the agreement contradict the RTA, those terms are invalid.
Right to a Safe and Well-Maintained Home
o Tenants have the right to live in a safe, clean, and well-maintained property. Landlords are legally obligated to:
Ensure the property meets health, safety, and housing standards.
Conduct necessary repairs and maintenance to keep the property in good condition.
Address issues such as plumbing, heating, electrical, or structural problems promptly.
Additional Rights and Protections
o Privacy: Landlords must provide 24 hours’ written notice before entering the rental unit, except in emergencies.
o Rent Increases: Landlords can only increase rent once every 12 months, and the increase must follow the government-mandated limit. They must provide written notice of rent increases at least three full months in advance.
o Dispute Resolution: Tenants can file complaints or disputes with the Residential Tenancy Branch (RTB) if they believe their rights have been violated.
For more details and guidance, visit the official BC Residential Tenancy Branch website: https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/during-a-tenancy/tenant-rights
Important Tips:
• Always document communications with your landlord in writing for reference.
• Keep a copy of your tenancy agreement and receipts for security deposits and rent payments.
Progressive Intercultural Community Services (PICS) Society, established in 1987, is a registered non-profit organization dedicated to serving the community. https://pics.bc.ca/ is supporting us to provide the community and cultural including but not limited to family support, addiction treatment and services for immigrants.
Insignia College offers personalized one-on-one support from instructors, available both online and in person.
Enrollment Services Advisor is also available to assist students with inquiries related to registration, finances, college policies, and more.
Progressive Intercultural Community Services (PICS) Society https://pics.bc.ca/ is supporting us in providing the employment assistance to the students. They are specialised in providing pre and post-employment services which includes Workshops, training, and one-on-one assistance with job searches etc.
