Canadian Cost Of Living Increase 2024. A single person estimated monthly costs are 1,059.8$. This cost of living calculator shows how much it will cost to move between canada's largest cities, and how your standard of living may change as a result.

Historical data indicates that the cost of living increased to 3.4% in 2021 and 6.8% in 2022. Maximum cpp benefit amounts increase every month as a result of the enhancement.