Top 8 Cheapest Places to Live in Canada, 2021-22

The cheapest places to live in Canada are scattered across all of the country’s provinces.

According to the latest rankings, Canada is the best country in the world. Interestingly, that Canada is one of the finest or probably the finest place to live in the world, has not made it the most expensive to study, work or live in.

In fact, the most expensive places to live in Canada are relatively cheaper to live in than the major cities in popular countries of the world.

Hoping to make your stay in Canada as cost-effective as possible? You will find this article on the top cheapest places to live in Canada very useful.

Mind you, that a city or town ranks amongst the cheapest places to live in Canada do not make it the worst place in Canada to live in.

There are several other factors such as safety, availability of infrastructure, and job opportunities that determine the quality of an environment.

In view of this, we have made sure that our compilation of the cheapest places to live in Canada comprises places that have fair living conditions and are easy to adapt to.

Top 8 Cheapest Places to Live in Canada, 2021

The cheapest places to live in Canada for immigrants are:

  • Quebec City, Quebec
  • Abbotsford, British Columbia
  • Sault Ste. Marie, Ontario
  • Montreal, Quebec
  • Quesnel, British Columbia
  • Sherbrooke, Quebec
  • Timmins, Ontario
  • Weyburn, Saskatchewan

Quebec City, Quebec

The province of Quebec is known to house a considerable number of some of the cheapest cities in Canada.

From affordable houses for rent to low tuition fees for international students, Quebec is a province to be in for anyone who desires to stay as prudent as possible.

Quebec City is one of those cities in the province. It offers a relatively low standard of living that cannot be found in other big cities in Canada

Abbotsford, British Columbia

Living in Abbotsford is like living on the borderline of the most civilized and most rural parts of British Columbia. In Abbotsford, you will find whatever you want however you want it.

There are expensive, classy areas with rent expenses as high as C$1,500 per month and you will find low-cost regions were renting a house is as low as C$700 per month.

You will also find opportunities for agriculture, mining, and manufacturing, as well as those for healthcare, aerospace, and construction.

If you need vacation spots, Abbotsford is not left out either. You can simply enjoy your short and long holidays from the comfort of the town by visiting the ocean, skiing, or hiking.

Did we mention that there is food in abundance too? Make periodic visits to the local markets and get first-hand access to farm produce fresh from the farm.

Abbotsford is a growing city with a high potential for economic bloom and maximum industrialization. As the saying always goes: “the early bird gets the worm,” those who move to the city early enough have the opportunity to get themselves established and set up for the massive growth projected in the coming years.

Sault Ste. Marie, Ontario

If all you’ve always taught of the province of Ontario is the high cost of living, hustle, and bustle, Sault Ste Marie is one of those cities that debunk that myth.

Ontario is one of the few provinces in Canada that contains a healthy mix of both expensive and cheap localities, overpopulated cities and fairly populated ones, fast-paced cities, and slow-paced towns.

In Sault Ste Marie, you get to enjoy all of Ontario’s characteristics on a moderate level. The city is the third-largest in Ontario and does have a fair share of industries and infrastructure.

This implies that you are sure to find jobs that cut across the major sectors of the economy in Sault Ste. Marie. In addition to this, the city makes it to the list of one of the cheapest places to live in Ontario.

Montreal, Quebec

The city of Montreal has one of the largest economies in the whole of Canada. In the province of Quebec, its economy is the most diversified with employment opportunities in telecoms, aerospace, media, agriculture, tourism, fashion, business, and much more.

As the capital city of Quebec, Montreal sets the pace for other cities in the province by being one of the cheapest out of all the big cities in Canada.

Quesnel, British Columbia

We know that the older you get, the friendlier you become with naturalistic scenes. This is why we consider Quesnel as one of the cheapest places to live in Canada for retirees.

Quesnel is a beautiful city filled with a diversity of wildlife with a couple of nature parks to emphasize this. Not only is the city way cheaper to live in than Vancouver, the capital city of British Columbia, it is also a very small metropolitan area.

You will never have issues with transportation or getting to your events late due to traffic jams or scarcity of public transportation,

For the working population, job opportunities in Quesnel centre around agriculture, mining, tourism, manufacturing, and agri-technology. To top the icing on the cake, choosing to live and work in Quesnel means choosing to live in the city with the lowest tax rate in Canada!

Sherbrooke, Quebec

Quebec again features in our list as a province having one of the most affordable places to live in Canada. Sherbrooke city is our choice as the cheapest place to live in Canada for students.

From the friendly tuition fees to the low costs of feeding and accommodation, students find the city very appealing.

Meanwhile, Sherbrooke is not the heartthrob of students alone, families and single workers are fast making the city their destination place.

Timmins, Ontario

Looking for affordable places to rent in Ontario? To save yourself a tone of stress, consider houses in Timmins first. With as low as C$750, you can rent a befitting apartment in Timmins. What is more, living in the city is a therapy itself.

In addition, the beautiful scenery and peaceful countryside experience calm the nerves of every resident and automatically induces tranquillity after a long day at work.

Weyburn, Saskatchewan

For a city whose economy is driven largely by oil production, Weyburn surprises us by being one of the cheapest places foreigners can live in Canada.

Housing is affordable and the general cost of living is low. In Weyburn, unemployment is not a familiar word. Residents are exposed to relevant job offers and the economy of the city does not depend solely on crude oil.

Moreover, do you also know that Weyburn has the warmest weather in the province of Saskatchewan? What this means for you is that you stand a higher chance of adapting to the weather faster than in any other part of the province.

Cheapest Places to Live in Canada for Students

  • Sherbrooke, Quebec
  • Abbotsford, British Columbia
  • Kitchener, Ontario
  • Moncton, New Brunswick
  • Quesnel, British Columbia
  • Catharines, Ontario
  • Laval, Quebec
  • Weyburn, Saskatchewan
  • Montreal, Quebec

Cheapest Places to Retire in Canada

  • Levis, Quebec
  • Miramichi, New Brunswick
  • Weyburn, Saskatchewan
  • Fredericton, New Brunswick
  • Quesnel, British Columbia
  • Sarnia, Ontario
  • Okanagan, British Columbia
  • Collingwood, Ontario
  • Langford, British Columbia
  • Kings County, Nova Scotia

Cheapest Places to Live in Ontario

  • Sault Ste. Marie
  • Sudbury
  • Kensington Market
  • Thunder Bay
  • Stoney Creek
  • Chinatown
  • Sarnia
  • Brockville
  • Thistletown
  • Baldwin Village
  • Little Tibet
  • Bermondsey
  • Timmins

Cheapest Places to Live in British Columbia

  • Langford
  • Kamloops
  • Campbell River
  • New Westminster
  • Prince George
  • Victoria
  • Penticton
  • Nanaimo
  • Port Moody
  • Port Coquitlam
  • Abbotsford

Cheapest Places to Live in Vancouver

  • Chinatown
  • Gastown
  • West End
  • English Bay
  • Davie Village
  • Strathcona
  • Mole Hill
  • Lower Hudson
  • Downtown South
  • Champlain Heights

Cheapest Places to Live in Alberta

  • Fort McMurray
  • Sylvan Lake
  • Cold Lake
  • Spruce Grove
  • Stony Plain
  • Lloydminster
  • Fort Saskatchewan
  • Medicine Hat
  • Grande Prairie
  • Strathmore
  • Wetaskiwin
  • Leduc
  • Beaumont
Frequently Asked Questions

Q. What is the Cheapest Place to Live in Canada for Seniors?

Ans. You will probably find the highest number of retirees and other seniors in Ontario. However, there are cities and towns in other provinces that seniors can enjoy the later years of their life in. Examples of such places are Moncton in New Brunswick and Abbotsford, British Columbia.

Q. What is the Cheapest Place to Live in Ontario?

Ans. Deep River is one of the most affordable places in the province of Ontario. The small town offers affordable places to rent in the province of Ontario and a peaceful countryside experience along the Ottawa River.

Q. What are the Affordable Places to Buy a House in Ontario?


  • Deep River
  • Rainy River
  • Sarnia
  • Stoney Creek
  • Smooth Rock Falls
  • Sudbury
  • Windsor
  • Marathon
  • Sault Ste. Marie
  • Thunder Bay
  • Englehart

Q. What is the Average Cost of Living in Canada?

Ans. In 2021, the average cost of living in Canada is about 2,800 CAD.

Q. What Province in Canada has the Lowest Cost of Living?

Ans. Quebec.

Quebec is home to many of the most affordable cities in Canada.

Q. What salary is needed to live comfortably in Canada?

Ans. A single person requires around $2,771 CAD per month in living expenditures, while a family of four requires $5,230 CAD per month.

Q. Is Canada a good place to live in 2021?

Ans. Canada is regarded as one of the most desirable places to live in the world. You can profit from the following no matter where you live: Individuality is valued.

Canada is a cosmopolitan country that values diversity in ethnicity, sexual orientation, religion, politics, and many other areas.