Canada is known for its high standard of living and welcoming culture, making it a popular destination for people looking for a new place to call home. With a diverse range of cities and regions to choose from, it can be difficult to decide where to move. One important factor to consider when choosing a new city is the alignment of average household income with the cost of living. To help you make your decision, here are the top 10 cities in Canada where the average household income aligns with the cost of living:
1. Ottawa
Ottawa is the capital of Canada and offers a high standard of living with a relatively low cost of living. The average household income in Ottawa is $96,746, while the cost of living is relatively low, with the average home price being $431,865.
2. Quebec City, Quebec
Quebec City is a charming and historic city with a low cost of living. The average household income in Quebec City is $71,958, while the cost of living is also relatively low, with the average home price being $329,907.
3. Kelowna, British Columbia
Kelowna is a beautiful city located in the Okanagan Valley, known for its wineries and outdoor activities. The average household income in Kelowna is $91,810, while the cost of living is relatively low, with the average home price being $619,922.
4. Regina, Saskatchewan
Regina is the capital of Saskatchewan and offers a high standard of living with a relatively low cost of living. The average household income in Regina is $98,309, while the cost of living is relatively low, with the average home price being $292,844.
5. Saskatoon, Saskatchewan
Saskatoon is a vibrant and growing city with a low cost of living. The average household income in Saskatoon is $96,285, while the cost of living is also relatively low, with the average home price being $350,973.
6. Halifax, Nova Scotia
Halifax is a coastal city with a rich history and a low cost of living. The average household income in Halifax is $85,499, while the cost of living is also relatively low, with the average home price being $398,858.
7. Victoria, British Columbia
Victoria is a picturesque city located on Vancouver Island, known for its mild climate and outdoor activities. The average household income in Victoria is $92,924, while the cost of living is relatively low, with the average home price being $869,817.
8. Kitchener-Waterloo, Ontario
Kitchener-Waterloo is a growing and diverse city, located in the heart of Ontario. The average household income in Kitchener-Waterloo is $92,966, while the cost of living is relatively low, with the average home price being $569,957.
9. Edmonton, Alberta
Edmonton is the capital of Alberta and offers a high standard of living with a relatively low cost of living. The average household income in Edmonton is $106,664, while the cost of living is relatively low, with the average home price being $380,652.
10. Winnipeg, Manitoba
Winnipeg is a diverse and growing city with a low cost of living. The average household income in Winnipeg is $91,921, while the cost of living is also relatively low, with the average home price being $317,822.
These cities are among the top in Canada for aligning average household income with the cost of living, making them great options for people looking for a new place to call home.
