For one person, living costs in Cambridge are estimated at $2,398 a month, including rent and utilities, which take more than half of the total. Other living expenses average about $31 a day.
Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cambridge actually costs, broken down by who's living it.
Living costs for one person come to about $2,398 monthly including rent, or $950 excluding housing.
$2,398 /mo
Estimated monthly costs for a couple: $3,402 with rent, or $1,609 without housing.
$3,402 /mo
Monthly costs for a family of three come to about $4,406 including rent, or $2,267 for daily expenses alone.
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.8KCA$36.5K
$23.9KCA$33.8K
$27.8KCA$39.3K
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$18.5KCA$26.2K
$17.9KCA$25.3K
$18.8KCA$26.6K
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$149CA$211
$111CA$157
$174CA$246
SIM Card Monthly Plan(Calls and 10GB+ Data)
$42.05CA$59.5
$21.33CA$30.15
$71.1CA$101
Internet(50+ Mbps, Unlimited Data)
$49.52CA$70.0
$38.54CA$54.5
$70.1CA$99.1
🎉 Sport & Entertainment
Cost
Range
Gym Membership(Monthly)
$28.59CA$40.42
$21.26CA$30.06
$36.87CA$52.1
Cinema Ticket
$10.28CA$14.53
$9.06CA$12.80
$17.41CA$24.62
🧸 Childcare & Education
Cost
Range
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$528CA$746
$347CA$490
$715CA$1,011
International Primary School, 1 Child(Yearly)
$16.2KCA$22.8K
$10.5KCA$14.8K
$19.0KCA$26.9K
👕👟 Clothing & Footwear
Cost
Range
Jeans(Levis 501 Or Similar)
$54.2CA$76.7
$20.96CA$29.63
$76.9CA$109
Summer Dress(H&M, Zara, etc)
$29.82CA$42.16
$13.74CA$19.42
$41.22CA$58.3
Sport Shoes(Adidas, Nike)
$74.3CA$105
$35.12CA$49.65
$98.3CA$139
Men's Leather Business Shoes
$103CA$146
$44.72CA$63.2
$138CA$195
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center(Monthly)
$1,305CA$1,845
$1,030CA$1,456
$2,404CA$3,398
1-bedroom Apartment, Outside City Center(Monthly)
$1,299CA$1,837
$1,174CA$1,659
$1,416CA$2,001
3-bedroom Apartment, City Center(Monthly)
$2,509CA$3,547
$2,028CA$2,867
$3,437CA$4,859
3-bedroom Apartment, Outside City Center(Monthly)
$1,989CA$2,812
$1,868CA$2,641
$2,214CA$3,130
Buy Apartment in City Center(m2)
$4,236CA$5,989
$4,236CA$5,989
$4,236CA$5,989
Buy Apartment Outside City Center(m2)
$3,850CA$5,443
$3,850CA$5,443
$3,850CA$5,443
💵 Salaries & Financials
Cost
Range
Average Monthly Net Salary(After Tax)
$2,938CA$4,153
-
20-Year Fixed Mortgage Interest Rate(Annual %)
5.09
4.45
6
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update: October 12, 2026
Monthly budget structure
Share of the monthly basket for one person, rent included.
Share of the monthly basket for a family of three, rent included.
Cambridge$2,398
Cambridge$4,406
🏠Accommodation & Living
$1.3K 54.2%
🛒Groceries & Markets
$345 14.4%
🍽Eating Out
$262 10.9%
🧾Monthly Utilities & Internet
$241 10%
👕👟Clothing & Footwear
$118 4.9%
🚌Getting Around
$85 3.5%
🎉Sport & Entertainment
$49 2.1%
🏠Accommodation & Living
$2K 45.2%
🛒Groceries & Markets
$789 17.9%
🍽Eating Out
$810 18.4%
🧾Monthly Utilities & Internet
$283 6.4%
👕👟Clothing & Footwear
$262 5.9%
🚌Getting Around
$175 4%
🎉Sport & Entertainment
$98 * 2.2%
Categories marked with * are only partly priced – their share counts the items that do have prices.
Cost Breakdown
🏠Expect to pay about $1,305 for a central one-bedroom, or $1,299 outside the center. At 44% of the average salary ($2,938), housing is the biggest financial pressure.
💰Average take-home pay sits at $2,938, while typical expenses reach $2,398. This leaves some room for savings, though a comfortable buffer starts closer to $3,597.
🛒Expect to spend about $345 monthly on groceries. Dining out at a mid-range restaurant costs roughly $56.0 for two.
🚌Public transport is priced at around $63.9 per month.
Cost Highlights
⭐Gym membership is cheaper than 90% of cities in North America
⭐Cambridge is more expensive than 79% globally but cheaper than 52% within North America.
Cost of Living in Cambridge - Frequently Asked Questions
How does affordability in Cambridge, Canada compare for travelers, expats, and digital nomads?
Cost of Living in Cambridge, Canada is moderate compared with larger Canadian cities while still offering reliable services, parks, and easy day trips to the Waterloo region. You’ll find a mix of historic streets and modern rentals, with options for different budgets in the downtown core and family-friendly neighborhoods. Seasonal markets, cafés, and coworking spaces support a flexible lifestyle without the sticker shock of bigger metros. Tip: spend a few days testing neighborhoods, transit routes, and grocery outlets to see what fits your rhythm.
What does daily life look like in Cambridge for housing searches, food options, transport, and errands?
Daily life centers around a walkable core with a mix of rental apartments, townhomes, and family homes. For housing search, start with local listings and neighborhood visits, then widen your scope if you want cheaper options nearby. Food runs a spectrum – from large grocery chains to farmers markets and diverse ethnic shops – helping you eat well on a budget. Transport is practical via a reliable bus network; cycling is easy in many seasons. Co-working spaces and cafés provide flexible work spots, while errands are manageable with a short drive or transit. Cambridge, Canada living cost varies by neighborhood, so test routes before committing. Tip: map out a weekly grocery route and transit times to save time.
Which neighborhoods fit best for different lifestyles and how can you budget to maximize your quality of life and savings?
Quality of life in Cambridge blends small-city charm with access to regional amenities. Build a simple budgeting framework: separate fixed costs (rent, utilities) from flexible spending (groceries, dining, entertainment) and set aside a regular savings goal. Seasonality affects heating needs in winter and outdoor activities in summer, so plan for variable utilities and shift leisure choices accordingly. Neighborhood fit depends on your pace – downtown walkers gain convenience, Hespeler offers family-friendly streets, and Preston can feel quieter and more residential. Practical saves come from buying in season, using public transit or bikes, and opting for longer-term coworking memberships. Tip: try a trial month in two areas to compare daily rhythms.
How expensive is daily life in Cambridge?
Everyday life in Cambridge is moderately priced at about $2,398 per month, rent included. Groceries and transport stay reasonable, though dining out and entertainment can feel a bit pricier than in budget destinations.
How much of a salary does housing take in Cambridge?
With 44% of the average paycheck going to rent, Cambridge is on the expensive side for housing. Many locals cope by sharing apartments, moving to outer neighborhoods, or downsizing to keep things manageable.
How much should you earn to live well in Cambridge?
Earning $3,597 monthly in Cambridge means you're living well – a one-bedroom, regular groceries, transport, and some entertainment without stress. That's the threshold where most residents feel genuinely comfortable rather than just getting by.
What is the price of renting a flat in Cambridge?
Rents for a 1-bedroom flat in Cambridge range from $1,299 to $1,305, depending on location and condition. Central apartments sit at the top of that range; outer neighborhoods and suburbs deliver noticeably better value per square meter.
What does commuting cost in Cambridge?
A monthly transit pass in Cambridge goes for roughly $63.9, which is one of the lighter items on a monthly budget. Coverage across residential and business areas is solid, and most residents without a car rely on it daily.
What are kindergarten prices in Cambridge?
Childcare averages $528 monthly at a private kindergarten in Cambridge. For many families, this single cost rivals rent, so it's essential to factor in before making a move.
Is $2,500 a month enough for Cambridge?
Living on $2,500 in Cambridge means careful planning, since monthly costs average $2,398. It works with a cheap apartment and disciplined spending, but expect trade-offs on where you live, how often you eat out, and entertainment.
What is quality of life like in Cambridge?
Living in Cambridge means access to fast internet at about $2,398 per month including rent. It works for a wide range of budgets, and most residents find the lifestyle-to-cost balance appealing. Your experience will depend on priorities like climate, culture, and career.