Debating hostels vs Airbnb in Canada when planning your trip?
You’re not alone — both offer unique perks and prices.
With Canada’s vast geography and high travel demand, knowing which option saves money can be a game-changer.
From bustling cities like Toronto to the mountain towns of BC, the answer depends on your style and budget.
Let’s break down the real savings.
📘 Table of Contents
Hostels vs Airbnb in Canada: Quick Overview
Travellers across Canada often ask: is it cheaper to stay in a hostel or book an Airbnb? While hostels offer lower base prices, Airbnbs can become cost-effective when split or used wisely. Let’s explore the key differences in budget and experience.
- Hostels: Designed for solo travellers and backpackers; usually shared spaces.
- Airbnbs: Better for couples, families, or digital nomads seeking privacy.
ℹ️ Canada Travel Costs in Context
Canada is widely considered expensive, with hotel averages around $150–$250 a night. That’s why budget-savvy travellers turn to alternatives for savings.
🏨 Average Prices Across Canadian Cities
Prices for hostels and Airbnbs vary widely by city and season. On average, hostels in major cities like Toronto or Vancouver run $35–$60 per night, while private Airbnbs range from $80–$140 nightly depending on location.
- Toronto Hostels: $40–$65
- Toronto Airbnb (1 BR): $120–$150
- Montreal Hostels: $35–$55
- Montreal Airbnb (Studio): $90–$120
- Banff/Whistler Hostels: $45–$75
- Rural Airbnb Cabins: $70–$110
🌟 Daily Price Beat
On average, you can save $40–$90 per night by choosing a hostel over a private Airbnb in big Canadian cities.
What $50 Buys You: Hostels vs Airbnb Comparisons
If you’re on a strict budget, $50 goes farther in a hostel. In most cities, that gets you a clean bunk, free breakfast, and the chance to meet people — whereas with Airbnb, $50 might only cover cleaning fees.
🎣 Travel Smarter
Book hostels directly through websites like HIHostels.ca to avoid third-party fees, especially in peak season.
Hostel Perks for Budget-Conscious Travellers
Hostels in Canada are often social, safe, and efficient spaces that give a lot of bang for your buck. They appeal to solo adventurers and digital backpackers who prioritize community and cost-efficiency.
- Free or cheap breakfasts
- Free walking tours, pub crawls, and activity boards
- On-site kitchens to cook and save on meals
📢 Take Action
Check hostels in Canada featured by travellers on SunnyDaysGo for local-tested gems.
When Airbnb Comes Out Cheaper
If you’re travelling as a pair or group, Airbnb can significantly reduce per-person costs. You also get access to a full kitchen, laundry, and living space — all of which can cut down travel costs over time.
- Ideal for couples seeking privacy
- Long-term discounts on weekly/monthly stays
- Good for cooking meals rather than eating out
ℹ️ Bigger Groups, Better Rates
A 2-bedroom Airbnb split between three friends can rival hostel prices with more space and amenities. Always compare nightly cost per guest.
Safety, Cleanliness, and Social Vibes
Worried about safety or cleanliness? Canadian accommodations are generally high-quality. That said, hostels offer staff presence 24/7, while Airbnb depends on your host’s reputation.
- Hostels: Good for solo female travellers and extroverts.
- Airbnb: Better if you want independence and fewer interactions.
⚠️ Watch for Fake Listings
Always read reviews and verify host identity on Airbnb. For hostels, stick to official listings and avoid suspicious third-party sites.
Hidden Fees and How to Avoid Them
Surprise! That cheap Airbnb may not be so cheap once cleaning and service fees are added. Hostels are more transparent, with fewer unexpected charges.
- Airbnb: Cleaning + service fees can add 30% to listed price
- Hostels: Taxes usually included; few extra fees
🌟 Real Cost Breakdowns
Compare total cost — not just per-night rate, including taxes and extra fees before you book. What looks cheaper may not be, once everything’s tallied.
Conclusion: What Saves More Money in Canada?
So, hostels vs Airbnb in Canada, who wins? For solo and shoestring travellers, hostels typically save more overall. But small groups and long-term stays may benefit from Airbnb’s privacy and amenities. Your travel style makes all the difference.
Still undecided? Check out these cheap places to travel in Canada on a budget to optimize every dollar spent.
💡 Affiliate Disclosure
Some links in this post may be affiliate links. If you book or purchase through them, I may earn a small commission at no extra cost to you. I only recommend services I trust and use ourselves.
