Comparing the Cost of Braces to Other Life Expenses
At our Surrey orthodontic clinic, patients typically ask almost immediately how much does Invisalign cost or how much do braces cost? Unfortunately, there isn’t one set number for the cost of orthodontic treatment because it depends on a number of factors including the severity of the case, the duration of treatment and the type of braces or appliances the patient chooses. However, most treatments fall within a typical price range, which we’ll use for simplicity’s sake and to give you an idea of how the cost of Invisalign or braces (without insurance) compares to other common life expenses. Since orthodontic treatment typically takes between one and two years, to make a fair comparison,all of the expenses will be based on 18 months worth of bills.\n\n
\n\nAverage Cost of Orthodontic Treatment\n\no Traditional Metal Braces – $3,000 – $7,000\n\no Clear Braces – $4,000 – $8,000\n\no Lingual Braces – $8,000 – $10,000\n\no Invisalign – $4,000 – $7,400\n
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\n\nAverage Cost of Orthodontic Treatment\n\no Traditional Metal Braces – $3,000 – $7,000\n\no Clear Braces – $4,000 – $8,000\n\no Lingual Braces – $8,000 – $10,000\n\no Invisalign – $4,000 – $7,400\n- \n
- Average Mortgage Payments – $32,778 Currently, the average cost of a home in Canada is $508,097. Based on a 5-year fixed rate mortgage at 2.34% using a 20% down payment over a 25-year amortization period, the monthly cost would be $1,821. Multiply that by 18 months and you get a whopping $32,778 \n
- Food Costs – $12,327 According to government statistics last compiled in 2014, the average household food expenditures in British Columbia were $8,218 per year. \n
- Car Payments – $10,260 The average monthly payment on a new vehicle in Canada is $570 per month. \n
- Rent of a One-Bedroom Apartment in Surrey, BC – $13,914 The average rent for a one-bedroom apartment in Surrey comes out to $773 a month. \n
- Electricity Bill – $1,620 Residential electricity bills for people in BC average $90 a month. \n
- Dog Ownership Costs – $2,055 According to the BC SPCA, the annual cost of owning a dog is $1,370. \n
- Starbucks Grande Latte – $2,162.63 A grande latte from Starbucks averages about $3.95 in the Lower Mainland. If you purchased one every day for 18 months it would come out to approximately $2,162.63 \n
- Tuition & Housing at the University of British Columbia – $18,669 \n
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- Recreation – \n
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