Cheapest Places to Live in Canada

Most Affordable Places to Live in Canada

Cheapest Places to Live in Canada – Canada is a progressive country with plenty of work prospects for immigrants looking for a better life for themselves and their family. Depending on what you’re looking for, Canada’s economy is broad and rapidly increasing, as it offers lower costs of living in various provinces.

Cheapest Places to Live in Canada

We’ve put together a list of the best areas to live in Canada to help you get the most bang for your buck.

Keep in mind that costs vary by city in Canada, and that things are always changing because the economy’s growth is influenced by a variety of variables. We opted to focus on four criteria to narrow it down:

  1. Monthly cost of living (single and family),
  2. House price,
  3. Apartment rent price and
  4. Food price (daily and monthly).

List of Affordable Cities To Live In Canada

  1. New Brunswick
  2. Charlottetown, Prince Edward Island
  3. Newfoundland and Labrador
  4. Quebec
  5. Nova Scotia
  6. Winnipeg, Manitoba

Below is an analysis of cheapest places to live in Canada as well as the jobs in high in the respective cities.

Average Costs Of Living In New Brunswick

*Family and Non-family Household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,256.38
A single person estimated monthly costs $1,182.82
Apartment rent price $741
House price $274,700
Daily recommended minimum amount of money for food per person $14.92
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $462.56

The Maritime province is home to a diverse population and is surrounded by rivers, mountains, pine forests, and the city’s major attraction, the Bay of Fundy, making it one of Canada’s top cheapest places to live. The forestry, mining, fishing, tourism, and agriculture industries are all important to the city’s economy.

High Demand Jobs In New Brunswick

Job openings for nurses, physicians, delivery and courier drivers are also in high demand.

Average Costs Of Living in Charlottetown, Prince Edward Island

*Family and Non-family Household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,578.81
A single person estimated monthly costs $1,278.18
Apartment rent price $817
House price $347,920
Daily recommended minimum amount of money for food per person $18.38
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $569.84

Charlottetown is one of the cheapest places to live in Canada because of its affordable overall cost of living. The city’s natural beauty is exemplified by its spectacular white sand beaches and green woodlands. The economy is fairly broad, although agriculture, fishing, and tourism are the mainstays. Aerospace, biology, information technology, and renewable energy are just a few of the industries it touches. You may want to apply to some of these Canadian jobs

High Demand Jobs In Prince Edward Island

Nurse aides, transport truck drivers, construction workers, laborers, and light duty cleaners are among the most in-demand vocations right now.

Average Costs Of Living in Newfoundland and Labrador

*Family and Non-family Household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,538.82
A single person estimated monthly costs $1,293.65
Apartment rent price $853
House price $323,000
Daily recommended minimum amount of money for food per person $15.23
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $472.26

The province’s economy is dependent on the production and processing of oil, minerals, seafood, and forest resources, among other things. However, cod fishing is currently the lifeblood of the province’s economy, despite a lack of agricultural development due to climate change.

High Demand Jobs In Newfoundland and Labrador

In terms of job openings, the city is looking for tradesmen, skilled professionals, research, health care, fishing, and agriculture.

Average Costs Of Living in Quebec

*family and non-family household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,091.37
A single person estimated monthly costs $1,105.48
Apartment rent price $845
House price $473,032
Daily recommended minimum amount of money for food per person $14.19
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $439.86

The city’s economy is based on services, natural resources, and a well-structured infrastructure that can accommodate a diverse economy. Manufacturing, electric power generation, mining, pulp and paper make up a large part of the city’s economy.

High Demand Jobs In Quebec

There are many job openings in Quebec that need to be filled. Engineering, sales and marketing, financial services, construction inspectors, and nurses, to mention a few, are in high demand.

Average Costs Of Living in Nova Scotia

*Family and Non-Family Household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,256.38
A single person estimated monthly costs $1,182.82
Apartment rent price $909
House price $375,828
Daily recommended minimum amount of money for food per person $14.89
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $461.56

High tides, lobsters, and fish are all famous in the Maritime provinces. While the city’s economy is heavily reliant on fishing, forestry, and mining, the tourist and agriculture industries also play a role.

High Demand Jobs In Nova Scotia

Data analysts, financial and investment analysts, information system analysts, and desk officers are currently in high demand in Nova Scotia.

Average Costs Of Living in Winnipeg, Manitoba

*Family and Non-family Household

Category Average cost (monthly costs without rent)
Family of four estimated monthly costs $4,136.67
A single person estimated monthly costs $1,156.10
Apartment rent price $891
House price $334,256
Daily recommended minimum amount of money for food per person $14.04
Monthly recommended minimum amount of money for food per person (assuming 31 days per month) $435.28

Winnipeg, Manitoba, is home to a stunning Museum for Human Rights, as well as a thriving culture with concerts, opera, play, and ballet, making it one of Canada’s top cheapest cities to live. Agriculture, tourism, electricity, oil, mining, and forestry are all important industries in the city.

High Demand Jobs In Manitoba

Finance managers, human resource experts, property administrators, accounting technicians, and bookkeepers are just a few of the top jobs in Manitoba.

Choosing A City That Works For You In Canada

When it comes to moving to another country, there are numerous aspects to consider, which is why we’ve compiled a list of the top cheapest areas to live in Canada. You’ll be able to obtain a better idea of your living costs this way, guiding you in the proper path when it comes to finding a home to live for you and your family.

Recommended: Cheap Colleges In Canada

FAQs On Cheapest Places to Live in Canada

1. Where in Canada is the cheapest and finest place to live?

Canada, like any other country, has both expensive and inexpensive housing. Depending on your own needs and goals, Canada has a diverse range of cities to choose from. As a result, it’s critical to conduct extensive study into the city that best meets your demands and budget.

2. Is it possible to live cheaply in Canada?

Depending on what you’re looking for, Canada has both pricey and inexpensive living options. Though, compared to New York or Washington, D.C., life in Canada is still less expensive. Distinct cities in Canada provide different advantages, such as low-cost housing, high-quality education, or a large number of job prospects.

3. Does Alberta have a lower cost of living than Ontario?

Although Alberta has a lower cost of living and cheaper transportation, Ontario’s overall purchasing power is 25% lower than Alberta’s. Depending on your circumstances and what you’re looking for, Alberta also provides cheaper taxes and more inexpensive accommodation.

Looking forward to relocate to Canada? Check out how to find cheap apartments for rent in Toronto, Ontario

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