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The Most Affordable Places to Live in Canada in 2023

This economy’s soaring cost of living has undoubtedly been a barrier for Canadians wanting to live a more budget-friendly lifestyle, especially in Canada’s most popular cities. Thankfully, there are a number of Canadian provinces that are still relatively affordable as a place to call home.

A recent study by Savvy New Canadians pinpoints affordability based on the estimated income-to-expense ratio, average estimated expenditure per household and median after-tax income for economic families in each province. 

If you’re wondering which province is in the ranks, or where homes don’t cost a pretty penny, we’ve got you covered. Here are the 10 most affordable places to live in Canada in 2023. 



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