How much does the average Canadian family pay for healthcare?

Asked by: Genesis Paucek  |  Last update: October 8, 2025
Score: 5/5 (21 votes)

A typical Canadian family of four will pay an estimated $17,713 for public health-care insurance this year, finds a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Is healthcare cheaper in Canada or the US?

The United States spends much more money on healthcare than Canada, on both a per-capita basis and as a percentage of GDP. In 2006, per-capita spending for health care in Canada was US$3,678; in the U.S., US$6,714. The U.S. spent 15.3% of GDP on healthcare in that year; Canada spent 10.0%.

How much do Canadians pay for healthcare a month?

In Canada, healthcare is publicly funded, meaning citizens don't pay directly for most medical services. Instead, healthcare is funded through taxes. On average, Canadians spend about $7,000 to $9,000 per year per person on healthcare costs indirectly through taxes. This averages out to roughly $580 to $750 per month.

How much do Canadian taxpayers pay for healthcare?

Canada's total health spending was expected to reach $344 billion in 2023, or $8,740 per Canadian. That's about 12.1% of our GDP, making Canada a top spender among OECD countries. More than half of health spending goes to three areas: hospitals (26%), drugs (14%) and physicians (14%). And, yes, equipment is expensive.

Do all Canadian citizens get free healthcare?

In Canada's health care system, some services are free at the point of service while others require the patient to pay a fee. Roughly 70% of health care spending in Canada is covered by the government, paid for with tax dollars. (Some of those services may still require some payment from the patient.)

2WTK: Average Family Spends Almost $8,000 A Year In Healthcare

33 related questions found

How long do you have to live in Canada to get free healthcare?

In some provinces, you may be waiting up to 3 months for your public health insurance to start. Make sure you have private health insurance to cover your health care needs during this waiting period.

Is the cost of living cheaper in Canada than the US?

On average, it's more expensive to live in the US than to live in Canada. But median incomes are higher in the US than up North and the cost of living varies widely between different regions of each country — there's a lot more to this cost of living debate than you might think.

What is the average cost of health insurance in Canada?

The average cost of personal health insurance in Canada varies based on age, family size, and coverage type. For individuals, premiums start as low as $61.32/month for a 25-year-old (e.g., Sun Life) and can range up to $348.40/month for a 75-year-old (e.g., Manulife).

Are taxes in Canada higher than the US?

Canadians generally pay higher taxes than Americans, primarily due to Canada's extensive social services, including universal healthcare.

Who has the best healthcare in the world?

The Legatum Prosperity Index 2023

According to the index, Singapore ranks first for healthcare, followed by Japan in second place and South Korea in third. In contrast, the United States ranks much lower, coming in at 69th place in this assessment. The full rankings are listed below.

Are Canadians healthier than Americans?

Conclusions. The population of Canada appears to be substantially healthier than the US population with respect to life expectancy, HRQL, and HALE.

How much does each family pay for healthcare in Canada?

VANCOUVER, British Columbia, Aug. 20, 2024 (GLOBE NEWSWIRE) -- A typical Canadian family of four will pay an estimated $17,713 for public health-care insurance this year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Does Canada have social security?

Canada's Old Age Security

Canada has a three-part system: Old Age Security (OAS), financed by Canadian tax dollars, provides benefits to eligible Canadians who are at least 65 years of age. 26. The Canada Pension Plan (CPP) is funded by payroll deductions, like Social Security in the United States.

What country has the most expensive health care?

The United States: the world's highest medical expenses

The United States has the most expensive healthcare system of any country. A medical consultation with a general practitioner costs, on average, $190 or around €170. A stay in hospital can result in bills amounting to tens or even hundreds of thousands of dollars.

Is medicine cheaper in Canada or USA?

Canada's drug prices are generally lower than those in the United States because the Canadian government has various mechanisms to lower the cost of prescription drugs.

Is education free in Canada?

Cost of high school in Canada

Public secondary or high school is free in Canada for Canadian citizens and permanent residents of the country. Schools otherwise charge fees for international students, which can range from approximately CAD 10,000 to CAD 17,000 per year.

Is it better to live in Canada or the US?

Canada boasts clean and safe cities along with free healthcare and world-class education. It also has beautiful scenery, cultural diversity and friendly citizens. Those leaving the U.S. may miss the consistently warmer weather in the southern U.S., lower taxes and cheaper living expenses.

What is the average salary in Canada?

Average Salary in Canada 2024: Based on Stats Canada, the average salary in Canada is $72,800 per year or $34.85 per hour average across all industries. Provincial Average Salary: The average salary varies by province, with the highest average salary in Alberta and the lowest in the Maritime provinces.

Why are Canadians taxed so high?

Canadians pay more taxes compared to those in the United States because of this country's more extensive social services, such as universal healthcare. Research also suggests that Canadians will face a higher tax burden in the future because of the current federal government's program spending.

How much does health insurance cost for a family of four per month?

A: The average premium for non-subsidized health insurance for a family of 4 is approximately $1,500 per month. However, this cost varies greatly by plan type and provider. Many more families are now qualifying for health insurance subsidies that make their plans more affordable.

What is the cost of living in Canada?

A single person estimated monthly costs are 1,007.2$ (1,445.0C$) without rent. Cost of living in Canada is, on average, 9.3% lower than in United States. Rent in Canada is, on average, 25.9% lower than in United States.

Is there a downside to living in Canada?

Housing, transportation, and food costs can be expensive. Weather: Canada has long and harsh winters, with snow and ice covering much of the country for several months each year. This can be challenging for those who are not accustomed to the cold.

Are groceries cheaper in the US than Canada?

When considering the cost of food in Canada, some grocery prices can be slightly higher than in the US for staples like meat and vegetables. However, for most people, the difference might be negligible.