Cost of living in India Vs. in Canada

Moving overseas might be a very appealing notion for a variety of reasons. You have the option of going to job or school. Going, on the other hand, is a huge step in life, especially if you're moving to a whole different nation. Have you always wanted to live in Canada but have been put off by the cost? Here's a look at how much it costs to live in Canada vs India. Living in Canada provides a diverse set of experiences. If you're willing to take the plunge and pack your belongings to relocate to the Land of Maple Syrup, you'll need to weigh the benefits and drawbacks of living in Canada. 

Cost of living in Canada: Learn more about Canada PR Consultants in Delhi

The exchange rate is among the first things you'll need to think about when it comes to your money. What your money will be worth in Canadian dollars and how far it will go you, as well as any costs you may have to pay to convert your money. This is especially important if you'll still be earning money in your native currency, since you'll be dealing with exchange rates on a daily basis.

Regrettably, most banks and currency exchange firms mark up the exchange rate in order to boost their revenues. They may keep their translation fees low by making money on the rate.

This deceptive strategy may lead you to believe you're receiving a bargain price, but it's actually rather costly. When exchanging your finances, use a currency converter to find the current, true mid-market exchange rate.

Aside from the expense of living, the other important financial concern is how much money you'll make. Your wage may vary greatly depending on where you choose to live in Canada, since businesses compensate for the cost of living in their area.

Cost of living in India 

In comparison to many other countries, India is quite inexpensive. The cost of living in India varies depending on what you do and where you live. The essential necessities of life, such as food, water, and shelter, would cost you around 15000 and 20000 INR. This might result in a greater or lower figure depending on the cost.

India only takes the country's currency, rupees, and first thing expatriates and visitors look for when they arrive in India is a currency exchange. There aren't many ATMs on the streets of small towns in India, but you can always withdraw money in large cities like Mumbai, Pune, Bangalore, Delhi, Kolkata, Jaipur, and Hyderabad. The great news is that credit cards are accepted at certain retailers, restaurants, and hotels in big cities.

 Second, staying here as a visitor may be costly. Because you're going to be eating local food and do a lot of labor, but not as much as the locals. It's crucial to remember this if you believe our numbers are so low. The standard of rent in India is significantly greater than that of the rest of the globe.  Learn more about Canada Immigration Consultants in Delhi