Studying in Canada vs. South Korea
Canada and South Korea are both popular study destinations — but the price tag, visa rules, and currency differ. We pulled the numbers from our cost calculator: monthly living averages €1,760 in Canada and €714 in South Korea.
Side-by-side comparison
Verdict
Cheaper tuition
South Korea
Cheaper monthly living
South Korea
Lower visa proof of funds
South Korea
Side-by-side comparison
Canada
South Korea
Currency
CAD (C$)
KRW (₩)
Public tuition (annual)
C$28,000
≈ €19,040 / yr
₩8,000,000
≈ €5,360 / yr
Private tuition (annual)
C$38,000
≈ €25,840 / yr
₩12,000,000
≈ €8,040 / yr
Monthly living (city avg)
C$2,588 / mo
≈ €1,760 / mo
₩1,066,250 / mo
≈ €714 / mo
Visa proof of funds
C$20,635
Cost-of-living proof (study permit)
₩13,000,000
Bank balance proof (D-2 visa)
Cities tracked
Toronto, Vancouver, Montreal
Seoul, Busan, Daejeon, Daegu
Figures are 2026 reference estimates from our cost calculator. Actual costs vary by city, program, and lifestyle.