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Where is the cheapest place to live in Canada?

Published in Cost of Living 2 mins read

Finding the absolute cheapest place to live in Canada is tricky, as costs vary based on individual needs and lifestyle. However, some areas consistently offer lower costs of living compared to major cities.

Affordable Cities and Towns:

  • Smaller Cities in Atlantic Canada: Cities like Moncton, New Brunswick and Charlottetown, Prince Edward Island, offer a lower cost of living with access to amenities and a strong sense of community.
  • Rural Communities in the Prairies: Towns and villages in Saskatchewan and Manitoba often have lower housing costs and more affordable living expenses.
  • Northern Ontario: While remote, communities like Thunder Bay or Sault Ste. Marie offer lower housing costs and a chance to experience a unique Canadian lifestyle.

Factors Affecting Cost of Living:

  • Housing: The biggest expense in most Canadian cities. Smaller towns and rural areas generally have lower housing costs.
  • Transportation: Public transportation costs vary widely. Cities with extensive public transit systems tend to be more expensive.
  • Groceries: Food prices can fluctuate depending on location and season.
  • Utilities: Heating costs can be high in colder regions.

Resources for Finding Affordable Housing:

  • Canadian Real Estate Association (CREA): Provides data on housing markets across Canada.
  • Rentals.ca: Website for finding rental properties in Canada.
  • Kijiji: Online classifieds website with listings for housing and other goods and services.

Remember, the cheapest place to live is subjective and depends on individual circumstances. Consider your lifestyle, career opportunities, and personal preferences when making your decision.

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