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Despite a lot of employment opportunities and a decent-sized population, the city is very cheap to live in. 22. Prince George, British Columbia. Average Monthly Expenses for a Single Person (without rent): $927. Average Monthly Cost of 1-Bedroom in City Centre: $1,300. Average Cost of a Meal for 2 People: $80.
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Here are the 10 most affordable places to live in Canada in 2023. Unsplash. 1 / 10. Quebec. At the top of the list is Quebec. The cost of living in this province is relatively low, despite the high total tax rate. Homes in Quebec cost an average of $457,314. Related: The Average House Prices Across 10 Major Canadian Cities.
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3. Fort McMurray, Alberta. With a population of approximately 67,000, Fort McMurray is one of the most affordable cities in Canada in terms of cost of living. The city's economy centres around the oil and gas industry, with opportunities in the energy industry to enjoy a low cost of living and higher salaries.
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Average rent & utilities - $1179.00. Average food costs -$620.00. Not only is St. John's Newfoundland one of the most affordable places to live in Canada thanks to affordable housing. But it also has a great economy, plenty of nearby natural beauty, and a slower-paced lifestyle.
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Prince Edward Island. Besides being one of Canada's smallest and less populous regions, Prince Edward Island (PEI) is among the most affordable places to live. It has a low cost of living, while residents enjoy a comfortable lifestyle. Buying a house in PEI costs about 50% less than the nation's average price.
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In this article, we'll explore 8 of the cheapest cities to live in across the country. WorldRemit Content Team. 30 May 2023 • 6 mins read • Updated 30 May 2023. 1. Regina. Regina is the capital city of the Saskatchewan region of Canada, and situated on Wascana Creek, in the south of the province. The area is rich in history; and while it.
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Best Cities to Live in Canada in 2023-2024: Top 10 Places Ranked Nicole · December 7, 2023 · Comments off Last Updated on December 10, 2023 The best cities to live in Canada are generally recognized for their quality of life, job opportunities, access to healthcare, education,…
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It is rated as one of the safest cities in Canada and offers an excellent quality of life for its residents. The average salary in Quebec City is $67,000, but the cost of living is still very low both for singles and families. The salaries range from $31,900 at the lower end to $562,000 for the top earners.
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Average house price: $416,896. Median income: $62,400. Population: 178,809. Sherbrooke is a Quebec city located southeast of Montreal and just a short drive from the U.S. border. It is the sixth-largest city in Quebec and the 30th-largest in Canada, and is also one of the safest cities to live in Canada.
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Cost of living for a single person: $1,193.4, not including rent. Average home costs: $434,450. Sherbrooke is one of the cheapest cities to live in southern Quebec. It is 11.5% cheaper to live here than in Montreal, and on average, the rent is 41.8% lower than in Montreal, according to Numbeo.
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Public Transportation: CAD $104. Halifax Waterfront. Halifax, Nova Scotia. Halifax is one of the most affordable cities in Canada as well, ranking at number 7. This is according to Numbeo's Cost of Living index, which considers expenses such as food, clothing, and other goods.
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Next on the list of cheapest places to live in Canada is Saskatoon, the largest city in the province of Saskatchewan, with a population of about 330,674 people. The city is located on the South Saskatchewan River and has a diverse economy that includes agriculture, mining, energy production, and government services.
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As with buying a home, Atlantic Canada is among the cheapest places to live in Canada for renters. According to Rentals.ca, the national average to rent a one-bedroom unit is $1,535 but in places like Moncton, New Brunswick that price is around $960. In St. John's, Newfoundland it's around $880.
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Windsor, Ontario. Windsor, which is on the Canada - US border, has a population of 226,000. Windsor has a low cost-of-living index thanks to an affordable rental market and inexpensive food and transport. Windsor's unemployment rate peaked at 11.7% in May 2020 but is now 5.8%, just slightly above the national rate.
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Based on data collected by The Canadian Real Estate Association (CREA), the cheapest province to live in Canada is New Brunswick. As of September 2022, the average cost of houses here was $281,900. This is a 16.9% increase from the previous year, when the average was $241,100. The province of Newfoundland and Labrador is also quite affordable.
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Cheapest house we found: $59, 900. Average salary: $61, 670. 2. Saguenay, Quebec. Despite being one of the cheapest places to live, many key sectors in Saguenay keep the area alive and thriving. Because of all the rivers in the area, hydroelectric power is one of the large economic sectors.