Rental & Utility Costs
Sample of Apartment Rents in Truro
Bachelor |
One Bedroom |
Two Bedrooms |
3+ Bedrooms |
Avg. Rent - $576/month |
Avg. Rent - $745/month |
Avg. Rent - $957/month |
Avg. Rent - $1,124/monh |
Vacancy Rate 0.0% |
Vacancy Rate ** |
Vacancy Rate 0.2% |
Vacancy Rate 0.0% |
** Rate suppressed to protect confidentiality or data not statistically reliable.
CMHC report based on Oct, 2022 data. The Truro area is not broken into zones/neighbourhoods but includes Truro and many surrounding communities. Based on current listings, the prices have risen since the release of the CMHC report.
Some factors to consider
- Rents will vary depending on the apartment location, age, and condition.
- It is generally more expensive to live in locations close to Dalhousie University Campuses than elsewhere in the Halifax Regional Municipality or Town of Truro.
- There is no public transportation in Truro/Bible Hill.
Creating a Budget
When creating a budget, consider the following:
- Upfront you will have to pay a security deposit (equal to a half a month's rent), tenant's insurance and the first month's rent.
- Continuously you will be paying:
- Rent
- Utilities (internet, power, phone bills)
- Living costs (food and fun)
Budgeting Resources:
- Dal Money Matters
- Numbeo Cost of Living in Halifax (current data)
Utilities
Check with your landlord, if you’re not sure what utilities are included in your rent. If you do have to arrange for your own utilities or services, many providers offer special packages or information for students.
Electricity
- Set up an account 7-10 days in advance
- https://www.nspower.ca/students
Telephone, Internet & Television
- Multiple providers available: BellAliant, Eastlink, CityWide, Purple Cow (internet only)
- Pricing available for individual services or in bundles
Expenses |
Average/approximate cost |
---|---|
Electricity/home heating |
$100-$150/month (varies based on consumption and method of heat) |
Basic Smart Phone (plan only) |
$55-60/month |
High Speed Internet |
$80-110/month |
Keep in mind that hooking up services, such as electricity, will involve a one-time connection fee. Costs are provided as estimates only.