With housing costs and inflation still taking a big bite out of Canadian wallets, finding an affordable place to live is top of mind for many in the country.
If you’re considering moving across Canada to somewhere cheaper but don’t want to sacrifice on comfort, this new ranking of the cheapest cities in Canada with the best quality of life might have the answers you need.
According to MovingWaldo, these seven cities stand out for their balance of affordability and perks like great health care, safety, education and even job opportunities. The rankings are based on cost of living data, rental prices and average home costs, combined with quality of life indicators drawn from real residents’ feedback.
Here’s the full list of Canada’s cheapest and best cities to call home in 2025, according to MovingWaldo.
Halifax, Nova Scotia
Average rent: $2,100 | Average home price: $564,000
If you’re a fan of East Coast charm and coastal living, Halifax delivers a mix of affordable home prices and a vibrant culture. While renting here isn’t exactly cheap, buying property is much more budget-friendly compared to Toronto or Vancouver, and it’s becoming a more and more popular option with city dwellers looking for an escape from the hefty price tags. The city is known for its stunning ocean views, lively music scene and friendly locals.
Edmonton, Alberta
Average rent: $1,397 | Average home price: $399,700
Edmonton stands out as one of Canada’s cheapest major cities as the fifth-largest city in Canada. It is also one of Canada’s youngest and fastest-growing cities, according to MovingWaldo. Known as « Canada’s Festival City, » it’s a haven for culture lovers with year-round events and a growing arts scene. Housing is also very affordable, with some condos even going for less than $200,000.
Regina, Saskatchewan
Average rent: $1,299 | Average home price: $307,214
The capital of Saskatchewan, Regina is a gem for families seeking affordability and community. With minimal traffic and everything within a short drive, this city has a small-town vibe. Its artsy side shines through local galleries, and the Royal Regina Golf Club gives it a dash of sophistication.
Saint John, New Brunswick
Average rent: $1,249 | Average home price: $308,300
Saint John offers a mix of history, culture and affordability. Located on the Bay of Fundy, this city is known for its breathtaking coastal views and vibrant uptown area full of restaurants and bars. While you might need a car to get around, locals rave about the quality of life here.
Edmundston, New Brunswick
Average rent: $800 | Average home price: $308,300
This small Francophone city is a budget-friendly haven, with some of the lowest rents in Canada. Edmundston is also rich in culture, offering everything from art galleries to proximity to Quebec and Maine. It’s a top pick for those who love a close-knit community and outdoor adventures.
Calgary, Alberta
Average rent: $1,841 | Average home price: $588,600
Calgary combines the perks of a big city with the affordability you wouldn’t expect from an urban hub. While it may not be as cheap as some of the cities lower down on this list, its comparative quality of life pushes it way up in the ranking. Its proximity to the Rockies makes it perfect for outdoor lovers, while the thriving job market in energy, health care and tech draws newcomers every year. The city’s low crime rate and frequent chinooks (warm winter winds) are just icing on the cake.
Fredericton, New Brunswick
Average rent: $1,250 | Average home price: $308,300
Topping the list is Fredericton, a historic city with an unbeatable combination of affordability and quality of life. From its scenic hiking trails to its buzzing arts and music scene, there’s plenty to love. Residents enjoy easy access to fresh produce from local farmers, and the city’s strong community vibe is a major plus.
Each of these cities offers something unique, so whether you’re into nature, vibrant city life or peaceful small-town vibes, you’ll find an affordable spot to call home.
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