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  1. If you’re already living in Ontario and looking to cut costs, or you’re about to move to Ontario, this post is for you. Below, I’ll share some of the cheapest places to live in Ontario, so you can consider your options and find the city or town that best fits your needs.

  2. Oct 18, 2024 · To determine the cheapest places to live in, we need to look at the cost of buying or renting, groceries, transport, healthcare, energy, clothing, and, for families, childcare. That means a lot of research. Alternatively, we could look at the cost-of-living index and save ourselves a lot of time.

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    • Rainy River. Average rent cost: there are no apartments for rent as it is a very small town, but you can rent a private cottage for less than $1,000. Average cost of buying a house: $330,000.
    • Deep River. Average rent cost: $1,400 for 1 bedroom. Average cost of buying a house: $500,000. Cost of living: 27% lower than the Ontario average. Population: 4,300.
    • Peterborough. Average rent cost: $1,434 for 1 bedroom, $2,000 for 2 bedrooms. Average cost of buying a house: $363,310. Cost of living: $1,436 (per month for a single person, without rent)
    • Sault Ste. Marie. Average rent cost: $1,338 for 1 bedroom, $1,533 for 2 bedrooms. Average cost of buying a house: $285,448. Cost of living: $1,228 (per month for a single person, without rent)
  3. Aug 28, 2024 · This article will explore the top 12 cheapest places to live in Ontario, considering things like housing costs, average job income and quality of life.

    • Sherbrooke, Quebec. Population: 151,157. Highlights: Nature, heritage sights. Main employment drivers: Electronic parts, clothing, textile, education. Cost of living for a single person: $1,193.4, not including rent.
    • Quebec City, QC. Population: 733,156. Highlights: Fort City, which dates back to 1608, quaint cobblestone streets, bistros, boutiques, on the Saint Lawrence River, and UNESCO world heritage sites.
    • Saint John, New Brunswick. Population: 63,447. Highlights: Historical, Bay of Fundy. Main employment drivers: One of the oldest and largest shipbuilding industries, IT, education.
    • Laval, QC. Population: 446,476. Highlights: Suburb of Montreal, set on Île Jésus, Nature Center, Saint-Vincent-de-Paul historic district. Main employment drivers: Retail, industrial, pharmaceutical, technology.
  4. Oct 21, 2024 · According to the latest house market data, the eight cheapest places in Ontario are Rainy River, Thunder Bay, Sudbury, Deep River, Windsor, London, Sarnia, and Kingston. Let’s take a closer look at the prices and what those places are like.

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  6. Aug 26, 2024 · When searching for the cheapest place to live in Ontario, it’s crucial to consider several factors that impact overall affordability and lifestyle. These key considerations will help you make an informed decision about where to settle in the province.

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