In this day and age, living in a big city isn’t cheap; and while most would tell you that Calgary and Edmonton are the places to beat – some of you still dream of living a more affordable lifestyle. The only question that remains – is where to go! If this has been on your mind, look no further than a brand new ranking of the cheapest places to live in all of Alberta.

Now before we get into things – it’s important to clarify, that this is not JUST a list of places that are less expensive by comparison. 

This is a ranking of comfortable, yet affordable places to live – meaning that additional factors, such as quality of life, nearby access to essential facilities, and available house and apartment prices were also taken into account.

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Using this methodology, Canadian moving company, MovingWaldo concluded that Lloydminster was actually THE city to lay your roots.

Now, we’ll be honest, this particular location isn’t the first one that would’ve crossed our minds before today, but the average home only costs $342,000.

In addition, 1 and 2-bedroom apartments will only run you $915 and $1,050 a month – which is practically unheard of in most cities.


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Followed by LM, Medicine Hat came in second, while Grande Prairie was named the third cheapest.

Surprised? Here’s the entire rundown as per MovingWaldo’s list. 

1. Lloydminster
2. Medicine Hat
3. Grand Prairie
4. High River
5. Cold Lake
6. Stony Plain
7. Lethbridge
8. Red Deer
9. Camrose
10. Sylvan Lake

If of course, you’d like to stay put though, the ranking did include a number of options for affordable housing in Alberta, including coop housing in Calgary and tiny home communities around the province, but there you have it!

The cheapest places to live in all of Alberta. Let us know what you think about this list over on our socials. Will you be moving anytime soon? Why or why not?