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  2. Although the Montreal Metropolitan area accounts for Canada's second most populated area, the cost of living in Montreal is among the lowest for major cities in the country. This is partially because the cost of rent is very low compared to other big cities.

    • Trois-Rivières, Québec. Average Monthly Expenses for a Single Person (without rent): $670. Average Monthly Cost of 1-Bedroom in City Centre: $560. Average Cost of a Meal for 2 People: $75.
    • Lloydminster, Saskatchewan. Average Monthly Expenses for a Single Person (without rent): $695. Average Monthly Cost of 1-Bedroom in City Centre: $750. Average Cost of a Meal for 2 People: $68.
    • Saint John, New Brunswick. Average Monthly Expenses for a Single Person (without rent): $698. Average Monthly Cost of 1-Bedroom in City Centre: $873. Average Cost of a Meal for 2 People: $95.
    • Saguenay, Québec. Average Monthly Expenses for a Single Person (without rent): $756. Average Monthly Cost of 1-Bedroom in City Centre: $500. Average Cost of a Meal for 2 People: $100.
  3. Jan 18, 2024 · Living in a city with a low cost of living can help you stretch your budget and save money over time. The Globe and Mail recently published their top 100 most liveable cities list. Among the published list were the top cities based on housing affordability.

    • canada cities with lowest cost of living1
    • canada cities with lowest cost of living2
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  4. Mar 1, 2024 · The average cost of living in Canada is $2042, which is 1.95 times more expensive than the world's average. Compare cost of living by state and by city. Canada ranked 14th out of 197 countries by cost of living and 15th best country to live in.

    • Thetford Mines, Quebec. This small city was once one of the world’s largest regions for asbestos production, now it’s one of the cheapest places to live.
    • 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.
    • Shawinigan, Quebec. Shawinigan is cold and snowy in the winter and warm and humid in the summer. It is a great place to live if you enjoy outdoor adventure.
    • Moose Jaw, Saskatchewan. Located in Southern Saskatchewan, Moose Jaw isn’t just one of the cheapest places to love, it’s also one of Canada’s most notorious cities.
  5. Sep 15, 2022 · Where are the cheapest cities in Canada? Using the cost-of-living data from Salary Expert , we compared the cost of living in all Canadian cities with a population of more than 100,000, as well as the capital and largest city in each province and territory (important note: the cost of living changes quickly, so be sure to check the current ...

  6. Jul 13, 2023 · 1. Quebec. Image Credit: festivio | Pixabay. Estimated income-to-expense ratio: 1.5. Cost-of-living estimate: $59,770. Median household income :$89,400. Median home price: $457,314. Population: 8,787,554. Unemployment rate: 4.1% Quebec tops the list as the most affordable province in Canada.

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