Cost of Living in Kitchener Ontario 2023 - Budgeting in Kitchener

In this video, I will provide you with a summary of the cost of living in Kitchener. We'll cover the main expenses, starting with housing and rent. According to zumper.com, the average monthly rent for a one-bedroom apartment in July 2023 was around $1850, while a two-bedroom apartment averaged over $2250, and a three-bedroom apartment was over $2750. If you're looking to own a house, the average cost in July 2023 was $750,000 for a decent area with three bedrooms and three washrooms, resulting in an average mortgage payment of $3568 per month.

Next, will talk about utilities. For a family of four, the average monthly cost for heat, water, and hydro is around $350. Additional utilities, such as internet, can add about $100 to your monthly expenses, bringing the total to around $450.

Transportation costs in Kitchener include public transit fares of $3.75 per trip or $95 per month for a monthly pass. If you have your own vehicle, expect an average monthly cost of $1350 for insurance, although this can vary based on several factors.
When it comes to groceries, the average monthly cost for a family of four is approximately $500, averaging out to around $125 per person per month. Dining out costs can vary, with takeout restaurants costing around $15 per person, casual dining ranging from $40 to $50 per person, and fine dining experiences averaging between $70 and $100 per person.

Lastly, entertainment and recreation expenses typically amount to $50 to $60 per person, although Kitchener offers many natural and low-cost recreational options. Remember that these figures are averages, and your personal circumstances may vary. Use the links provided to explore further information. And Don’t forget to like, comment share and subscribe.

#kitchenerontario #costoflivingcanada #kitchenerrealestate

Links to all the resources:

Rental Search - https://www.zumper.com/
Cost of Living - https://www.numbeo.com/cost-of-living/
Bingemans - https://www.bingemans.com/
Chicopee - https://www.chicopeetubepark.com/
Government of Canada Mortgage Calc - https://itools-ioutils.fcac-acfc.gc.c...

Timestamps:
0:00 - Intro
1:17 - 1. Housing and Rent
5:13 - 2. Utilities Cost
8:11 - 3. Transportation and Insurance
10:12 - 4. Grocery and dining
13:03 - 5. Entertainment and Recreation
15:57 - Conclusion

======
If you’re thinking about moving to Kitchener Ontario Canada be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to Kitchener Ontario!

======
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
🤔Thinking of Moving to Kitchener Ontario Canada?
📝 Let Us Help!
📱Call or Text us: 647.606.6769
📨Email: [email protected]
📅 Zoom: https://calendly.com/livinginkitchene...
▶Subscribe 👉    / @livinginkitchenerontario  
⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️

======

This channel is all about living in Kitchener Ontario, moving to Kitchener Ontario and relocating to Kitchener Ontario. I also cover living in the Kitchener Ontario suburbs, moving to the Kitchener Ontario suburbs and relocating to Kitchener Ontario suburbs.

If you want to know everything there is to know about living in Kitchener Ontario and surrounding towns then subscribe ▶ and tap the bell🛎 for notification so you can be the first to know about the current market in Kitchener Ontario.😁

I get calls, texts and emails from people just like you, looking for help on making their move to Kitchener Ontario and I absolutely love it.😍Whether you are moving in 9 days or 90 days, give me a call☎, shoot me a text📝, or send me an email📨 so I can help you make a smooth move to Kitchener Ontario.🤠

All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording

Dharmik Dixit
Real Estate Agent
Brokered by Homelife Miracle Realty Ltd.

#kitchenerontario #kitchenerrealestate #dharmikdixit #livinginkitchenerontario #movingtokitchenerontario