Finding an affordable place to live in Canada while maintaining a high quality of life is a priority for many. In 2025, several provinces stand out for their affordability, safety, and overall living conditions. Whether you’re a newcomer looking to settle or a Canadian considering relocation, these provinces provide great opportunities.
A study by MovingWaldo analyzed housing prices, rental costs, utilities, and the general cost of living. Below is a breakdown of the most budget-friendly provinces:
| Province | Average Monthly Cost of Living | 1-Bedroom Apartment Rent | Average Property Price |
|---|---|---|---|
| Newfoundland and Labrador | $2,411.87 | $845 | $297,000 |
| New Brunswick | $2,341.21 | $1,274 | $308,800 |
| Saskatchewan | $2,531.25 | $1,228 | $344,800 |
| Manitoba | $2,696.70 | $1,381 | $376,770 |
| Prince Edward Island | $2,718.14 | $850 | $365,600 |
| Quebec | $2,665.56 | $1,776 | $525,732 |
| Nova Scotia | $3,101.53 | $2,100 | $564,000 |
Newfoundland and Labrador – Most Affordable Province in Canada
Newfoundland and Labrador ranks as the most budget-friendly province. Its cost of living is the lowest in the country, making it a prime choice for those seeking affordability. The province offers a mix of urban and rural living, rich culture, and stunning natural landscapes. Key industries include mining, hydro power, and fishing.
Immigration Pathways
If you are considering moving to Newfoundland and Labrador, here are your options:
- Newfoundland and Labrador Express Entry Skilled Worker
- Skilled Worker Category
- International Graduate Category
- International Entrepreneur Category
- International Graduate Entrepreneur Category
- Atlantic Immigration Program (AIP) – For those with a job offer from a designated employer.
New Brunswick – Low Cost of Living and Affordable Services
New Brunswick boasts low housing and rental costs. Essential services like water, gas, and electricity are also cheaper compared to the national average. However, lower employment opportunities contribute to lower property costs.
Immigration Pathways
- Express Entry Stream
- Skilled Workers Stream
- Business Immigration Stream
- Strategic Initiative Stream
- Critical Worker Pilot
- Atlantic Immigration Program
Saskatchewan – Sunny Weather and Affordable Housing
Saskatchewan has some of the most affordable housing options and is Canada’s sunniest province. The cost of living remains reasonable, and the province offers plenty of outdoor activities.
Immigration Pathways
- International Skilled Worker Category (Express Entry Available)
- Saskatchewan Experience Category
- Entrepreneur and Farm Category
- International Graduate Entrepreneur Category
Manitoba – Low Utility Costs and Rich Cultural Scene
Manitoba is known for its low hydroelectricity costs and vibrant festivals. However, it also experiences cold winters, so be prepared for chilly months.
Immigration Pathways
- Skilled Worker Stream (Express Entry Pathway Available)
- International Education Stream
- Business Investor Stream
Prince Edward Island – Scenic Beauty and Affordable Housing
PEI offers stunning landscapes, outdoor activities, and affordable housing. The province is famous for its seafood and quiet lifestyle.
Immigration Pathways
- PEI PNP Express Entry Category
- Labour Impact Category
- Business Impact Category
- Atlantic Immigration Program
Quebec – Lower Cost of Living Compared to Ontario and BC
While housing in Quebec is pricier than other provinces on this list, it remains more affordable than in Ontario or British Columbia. Living costs like groceries and transportation also make it a great option.
Immigration Pathways
- Quebec Skilled Worker Program (Paused Until June 2025)
- Quebec Experience Program (PEQ)
- Quebec Selection Certificate (CSQ) Required Before Applying for PR
Nova Scotia – Coastal Beauty with a Higher Cost of Living
Nova Scotia offers a mix of coastal living, outdoor recreation, and cultural vibrancy. While housing is more expensive, it’s still cheaper than in Ontario or British Columbia.
Immigration Pathways
- Nova Scotia Experience: Express Entry
- Labour Market Priorities Stream
- Critical Construction Worker Pilot
- International Graduates in Demand
- Atlantic Immigration Program
Why Move to These Provinces?
Choosing the right province depends on your financial situation, job opportunities, and lifestyle preferences. Each of these regions offers unique advantages, from the lowest cost of living to strong employment markets.
For immigration assistance and work permit consultation, Schedule a Free Consultation today!
