10 cheapest place to live in canada

Cheapest Place to Live in Canada

Canada is known for its stunning scenery, friendly locals, and high standard of living. If you’re considering a move to the country, you’ll be pleased to know that Canada also offers plenty of budget-friendly options without compromising your quality of life. In this article, we’ll introduce you to the 10 cheapest places to live in Canada that provide affordable living options that you won’t want to miss.

Key Takeaways

  • Canada offers budget-friendly options for those seeking affordable living options.
  • The 10 cheapest places to live in Canada offer affordable options without compromising the quality of life.
  • Discover the top cities and towns that make living in Canada an affordable experience.

1. Trois-Rivières, Quebec

Trois-Rivières, Quebec is a charming city that offers an affordable cost of living. Located on the shores of the Saint Lawrence River, the city boasts a rich cultural heritage, stunning landscapes, and a friendly community. What makes Trois-Rivières one of the cheapest places to live in Canada is its low housing prices, with the average cost of a home estimated at $206,541. The city is perfect for outdoor enthusiasts, with ample opportunities for hiking, fishing, and cycling. Moreover, Trois-Rivières also offers various cultural events such as festivals, concerts, and exhibitions. With its affordable and welcoming atmosphere, Trois-Rivières is an ideal city for those looking for a budget-friendly living option without sacrificing quality of life.

Trois-Rivières, Quebec affordable city in Canada

Numerical Data on Trois-Rivières, Quebec

Average Cost of a Home$206,541
Average Monthly Rent for a 1-Bedroom Apartment$658
Grocery Index97.52
Consumer Price Index74.28
Restaurant Price Index67.35

“Trois-Rivières provides ample opportunities for the outdoors enthusiast, as well as a rich cultural history and vibrant social scene – all at an affordable cost.” – Local Resident

2. Moncton, New Brunswick

If you’re looking for a budget-friendly city with a low cost of living, Moncton, New Brunswick, should definitely be on your radar. This city offers a range of affordable housing options, plenty of job opportunities, and a great quality of life.

Compared to other major cities in Canada, Moncton has a considerably low cost of living. Housing is affordable, and local taxes are much lower than in larger urban areas. According to Numbeo, the average monthly rent for a one-bedroom apartment in Moncton is around $730, which is significantly cheaper than cities like Toronto or Vancouver.

Moncton low cost of living

In addition to being affordable, Moncton also boasts excellent healthcare services, top-rated schools, and an active cultural scene. The city is home to several museums, galleries, and theaters, where you can explore local arts and culture.

“Moncton is a hidden gem. The cost of living is very reasonable, and there’s so much to see and do here. It’s a great place to raise a family.” – Sarah B., Moncton resident

Moncton’s Cost of Living Comparison

Cost of LivingMonctonVancouverToronto
One-bedroom Apartment (Monthly Rent)$730$1,900$2,230
Meal for Two at a Mid-range Restaurant$60$80$90
Monthly Public Transport Pass$64$98$150

As the table shows, Moncton offers significantly lower living costs compared to larger Canadian cities like Vancouver and Toronto, making it an excellent option for those on a budget.

3. Thunder Bay, Ontario

Thunder Bay, Ontario, offers affordable housing options that make it one of the cheapest places to live in Canada. Housing costs in Thunder Bay are significantly lower compared to bigger cities in Ontario, making it a desirable destination for budget-conscious individuals and families.

The average cost of a one-bedroom apartment in Thunder Bay is around $800, while a three-bedroom apartment can be rented for an average of $1,200. However, it’s essential to note that these prices may vary depending on the location and amenities offered.

Housing Type Average Price
One-bedroom apartment $800
Three-bedroom apartment $1,200
Detached house $240,000

Thunder Bay, situated on Lake Superior, offers stunning natural sceneries and a plethora of outdoor activities at an affordable cost of living. The city has a population of approximately 110,000, and it boasts excellent healthcare services, exceptional schools, world-renowned research centers, and top-notch cultural and recreational amenities.

With affordable housing options and an array of amenities, Thunder Bay, Ontario, is undoubtedly a cost-effective place to call home.

Thunder Bay, Ontario affordable housing options

4. Windsor, Ontario

Windsor, Ontario is a charming city located in the southernmost part of Canada, offering affordable living options that attract residents from all over the country.

The cost of living in Windsor, Ontario is a major draw, with expenses significantly lower than other major cities in Canada. Housing options, in particular, are budget-friendly, and the city boasts a variety of apartment buildings, condos, and single-family homes that are well within the reach of many prospective buyers.

While prices vary depending on the neighborhood, residents in Windsor can enjoy a comfortable lifestyle without breaking the bank. In addition to affordable housing, the city also offers excellent employment opportunities, quality healthcare facilities, and nearby schools for children of all ages.

Cost of living in Windsor, Ontario

“Windsor’s low cost of living allows me to save money and still enjoy all the great things the city has to offer. From excellent restaurants to beautiful parks, there’s something for everyone here.”

5. Brandon, Manitoba

Brandon, located in southwestern Manitoba, offers a low cost of living, making it an ideal destination for those seeking affordable living options. With plenty of job opportunities and a strong educational system, this city is an excellent choice for families looking for an affordable yet high-quality lifestyle.

According to Numbeo, the cost of living in Brandon is 24% lower than in Toronto, with rent costs being particularly attractive, coming in at 58% lower than the cost of renting in Toronto. Moreover, the city offers an array of entertainment, cultural, and recreational activities, ensuring there is something for everyone.

Brandon, Manitoba

“Brandon is the perfect place for those who want to live a high-quality lifestyle without breaking the bank,” says local resident and business owner, Sarah Smith.

“The city offers an affordable cost of living, top-tier education, and a welcoming community.”

If you’re looking to benefit from a low cost of living while maintaining excellent quality of life, then Brandon, Manitoba, is the perfect place to call home.

6. Saint John, New Brunswick

Located on the Bay of Fundy in the province of New Brunswick, Saint John is one of the most affordable cities in Canada. With a population of roughly 67,000 people, the city offers a low cost of living without sacrificing the quality of life.

The average home price in Saint John is around $175,000, making it an excellent choice for those looking for affordable housing options. The city’s rental rates are also budget-friendly, with the average cost of a one-bedroom apartment hovering around $850 per month. In addition, Saint John boasts a robust economy with opportunities in various sectors such as healthcare, education, and finance.

Its scenic location and vibrant culture make Saint John a unique destination for people looking for a mix of affordability and quality of life. This beautiful city offers affordable outdoor recreational activities, including hiking, biking, and kayaking, and has a rich art scene with various galleries and theaters. Saint John is also known for its historic and charming architecture, providing its residents with an attractive and authentic Canadian experience.

Saint John, New Brunswick

“Saint John may be small, but it has everything you need at a significantly lower cost. I moved here with my family five years ago and have never looked back. The people are friendly, the scenery is beautiful, and the cost of living is unbeatable.”

7. Prince George, British Columbia

If you’re looking for affordable housing, Prince George, British Columbia, is an excellent choice. The city is known for its low cost of living and offers a range of accommodation options to suit different budgets and preferences. Whether you’re looking for a spacious family home or a cozy apartment, you’re sure to find a place that fits your needs in Prince George.

Prince George offers a variety of affordable housing options, including single-family homes, townhouses, and apartments. According to numbeo.com, the average cost of a one-bedroom apartment in the city center is CAD 1,008, while a three-bedroom apartment costs around CAD 1,698 per month.

“Prince George, British Columbia, is an affordable city with plenty of amenities. Its lower cost of living means residents can enjoy a higher quality of life without breaking the bank.”

8. Saskatoon, Saskatchewan

In Saskatoon, Saskatchewan, you can enjoy a high quality of life without breaking the bank. The low cost of living allows you to stretch your budget further, making it an attractive option for those seeking affordable living arrangements.

Saskatoon provides a wide range of employment opportunities across various sectors, including technology, healthcare, and education. Along with that, a booming economy and affordable housing options make Saskatoon an ideal place to call home.

The city boasts a variety of outdoor activities, from the Meewasin Valley trail to the riverside beaches along the South Saskatchewan River, providing a unique and peaceful escape from daily life. Saskatoon also offers an array of cultural experiences, including the Saskatoon Symphony Orchestra and the Remai Modern Art Gallery.

Cost of Living IndexRent IndexCost of Living Plus Rent Index

Saskatoon has a cost of living index of 65.61, a rent index of 25.77, and a cost of living plus rent index of 46.12. These numbers indicate that Saskatoon is a cost-effective place to call home, with affordable housing options and relatively low living expenses.

“I moved to Saskatoon for its low cost of living, outdoor activities, and friendly community. It’s been a great decision for me and my family.” – Mark Thompson, Saskatoon Resident

9. Charlottetown, Prince Edward Island

If affordable living with a small-town charm is what you are after, look no further than Charlottetown, Prince Edward Island. This picturesque city is known for its vibrant festivals, impeccable seafood, and friendly locals, making it an attractive option for budget-conscious individuals. The cost of living in Charlottetown is about 15% lower than the national average, which means that you can enjoy all the perks of city life without breaking the bank.

While housing costs have risen in recent years, it is still possible to find affordable accommodation in charming neighborhoods. The city offers a mix of apartments, townhouses, and houses, ensuring that there is something to suit every budget and lifestyle.

Charlottetown Cost of Living Comparison Chart

Expense CategoryCharlottetown, PEINational Average

Note: Cost of living comparison data is based on averages and may vary depending on individual circumstances.

Charlottetown is a great place to live for those who value quality of life and the great outdoors. Endless parks, trails, beaches, and golf courses are all within easy reach. The city also boasts excellent healthcare facilities, good schools, and a low crime rate, making it a safe and welcoming community.

Don’t let the city’s small size fool you; there is still plenty to see and do in Charlottetown. Visit the historic Confederation Centre of the Arts, stroll along its tree-lined streets, or indulge in a fresh lobster roll. The city’s laid-back lifestyle and beautiful surroundings make it an ideal destination for those seeking affordable living without sacrificing quality.

10. Medicine Hat, Alberta

Medicine Hat, Alberta, is often considered the cheapest city to live in Canada. It’s a hidden gem tucked away in the southeastern part of the province, offering affordable living options that don’t compromise on quality of life. This city boasts a low unemployment rate, and its cost of living is below the national average, making it an attractive option for individuals and families seeking budget-friendly living.

The city’s vibrant community is rich with events and activities, including the Medicine Hat Jazz Festival, farmers’ markets, and numerous outdoor recreational opportunities. Housing options are varied, with apartments, townhouses, and single-family homes to fit any budget. Medicine Hat is home to several high-quality healthcare facilities, including the Medicine Hat Regional Hospital.

When it comes to entertainment, there are many things to do and see, including the Esplanade Arts and Heritage Centre and the Medalta Potteries. Foodies will appreciate the city’s diverse culinary scene, offering everything from farm-to-table dining to international cuisine, all at an affordable price.

Overall, Medicine Hat, Alberta, is a must-visit for anyone looking for a budget-friendly city in Canada that still delivers on quality of life. Don’t overlook this gem as the cheapest city to live in Canada.


If you’re looking for the cheapest place to live in Canada, there are plenty of affordable options that won’t compromise your quality of life. From Trois-Rivières, Quebec, to Medicine Hat, Alberta, these budget-friendly living destinations offer a cost-effective lifestyle that doesn’t sacrifice comfort or convenience.

Whether you’re seeking low housing costs, affordable cities, or a general low cost of living, these 10 cheapest places to live in Canada provide a range of options to fit your needs. Explore the affordability of these destinations and see how they can help you achieve your budget-friendly living goals.

Overall, living in Canada can be an affordable option that prioritizes quality of life. Whether you’re a student, young professional, or retiree, these cities offer safe and welcoming communities with plenty of opportunities to thrive. So, if you’re looking for affordable options, consider these 10 cheapest places to live in Canada for a cost-effective and enjoyable lifestyle.


What factors determine the cheapest places to live in Canada?

The cost of living in a particular city or region is influenced by various factors such as housing prices, utility costs, transportation expenses, and the availability of affordable goods and services.

Are there any affordable cities in Quebec?

Yes, Trois-Rivières in Quebec is considered one of the cheapest places to live in Canada.

What makes Moncton, New Brunswick an affordable place to live?

Moncton, New Brunswick has a low cost of living, making it an attractive option for individuals seeking affordable living options.

How does Thunder Bay, Ontario rank among the cheapest places to live in Canada?

Thunder Bay, Ontario offers affordable housing options, contributing to its reputation as one of the cheapest places to live in Canada.

Is Windsor, Ontario an affordable place to live?

Windsor, Ontario is known for its lower cost of living, providing budget-friendly opportunities for residents.

What makes Brandon, Manitoba an ideal destination for affordable living?

Brandon, Manitoba boasts a low cost of living, making it an attractive choice for individuals seeking affordable housing options.

Is Saint John, New Brunswick considered an affordable city in Canada?

Yes, Saint John, New Brunswick is recognized for its affordability, making it among the cheapest cities to live in Canada.

Are there affordable housing options in Prince George, British Columbia?

Yes, Prince George, British Columbia offers affordable housing opportunities, making it an appealing choice for budget-conscious individuals.

Is Saskatoon, Saskatchewan a cost-effective place to live?

Saskatoon, Saskatchewan has a low cost of living, making it a cost-effective place to call home.

What makes Charlottetown, Prince Edward Island an affordable place to live?

Charlottetown, Prince Edward Island is known for its affordability, making it one of the cheapest places to live in Canada.

Why is Medicine Hat, Alberta considered the cheapest city to live in Canada?

Medicine Hat, Alberta is often regarded as the cheapest city to live in Canada due to its affordable cost of living and the availability of budget-friendly amenities.

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