From food to housing, the cost of big city living has skyrocketed and to save a couple of bucks, you might be considering a change in scenery. If you’re among the many asking yourself not when, but where – you’re in luck because a new list reveals the 14 Cheapest Places to Live in Canada.

Published by Comparewise, the country’s most cost-conscious places to live were ranked and broken down in an effort to help those in the North save money and find a place that best suits their needs.

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A post shared by Sherbrooke, Québec. (@exploresherbrooke)

Based on affordability and quality of living, they determined that Quebec was the best option overall with Sherbrooke, a city just under 2 hours outside Montreal, topping their list.

“If you want to migrate to Canada, the cheapest place to live is Sherbrooke. Located in southern Quebec, the city’s cost of living is 20.81% cheaper than Toronto and 13% cheaper than Montreal,” they write.

“Moreover, you can live in Sherbrooke for just a monthly cost of $920, if you exclude the rent. Even utilities are less expensive than in other areas.”


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A post shared by Jean Pierre Roy (@capricesduroy)

As for the other cities? Here are the other destinations that were named among the cheapest cities in Canada

  1. Sherbrooke, QC
  2. Thetford Mines, QC
  3. Shawinigan, QC
  4. St. John’s, NL
  5. New Brunswick
  6. Lethbridge, AB
  7. Abbotsford, BC
  8. Hamilton, ON
  9. Nanaimo, BC
  10. Cape Breton, NS
  11. Summerside, Prince Edward Island
  12. Saskatoon, SK
  13. Charlottetown, PEI
  14. Moose Jaw, SK

Ready to pack your bags? As Comparewise explains, cities aren’t one-size-fits-all no matter how affordable they may be.

“You must do your research!”

“Then you can highlight the things you like in your chosen area according to your lifestyle and goals.”

At the end of the day, you’ve got to do what’s best for you – but spending less? That’s a good start!

Trust your gut and good luck! A big move might be a risk worth taking.