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  2. Jan 20, 2022 · Looking for the cheapest places to live in Canada? This guide lists the cheapest cities in Canada to live or rent and the cost of living in these areas.

    • 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 · Get Rates. Check more rates. 10 Best Canadian Cities for Housing Affordability. 1. Thetford Mines, Quebec. Thetford Mines is a city in south-central Quebec located on the Becancour River in the Appalachian Mountains. With a population of around 26,000, it is best known as the Asbestos capital of Canada.

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  4. Oct 27, 2023 · The province of Quebec continues to rank as one of the lowest cost of living provinces in Canada. This stems not only from some of the lowest rents in Canada and subsidized child care but also from Quebec’s electricity prices being much lower than the national average, at 7.59 cents per kWh.

    • 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. 1. St. Johns, Newfoundland and Labrador: A Coastal Haven. Feature: St. John’s, the easternmost city in North America, offers an average housing price of around CAD 300,000. Advantage: With an average wage of around CAD 50,000, the city provides a balanced cost of living.

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