When it comes down to it, every Canadian province has its benefits and perks when it comes to everyday living. From job opportunities to cheaper phone plans, depending on where you’re located in Canada, it may be more inexpensive to live in one province compared to the other. A new ranking is out and it lists the top 10 cheapest Canadian provinces to live in with the best quality of life – which may not come as a surprise for some.
Moving experts at MovingWaldo have released its latest list, looking at the most inexpensive provinces and ranking them based on the cost of living. That includes analyzing the average cost of buying a house, average rent, home insurance, cell phone plans, groceries, car insurance, etc.
The website used a number of sources to come up with its ranking such as ratehub.ca, Numbeo, The Canadian Real Estate Association (CREA), and more.
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According to the ranking, the most expensive province to live in is British Columbia. Its average cost of living comes in at $2,887.33 – just a few dollars more than Ontario’s average, $2,826.92, which placed second overall.
As for the cheapest province to live in, that seems to be Newfoundland and Labrador with an average price of $1,324.
Check out the full ranking below:
- Newfoundland and Labrador
- New Brunswick
- Nova Scotia
- British Columbia