Cheapest Provinces to Live in Canada in 2025-26: Cost of Living, Housing & Immigration Pathways
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For all newcomers to Canada, are you worried that the soaring housing prices and living costs in Canada might compromise your affordability and quality of life in Canada? You are not alone. Fortunately, a few cheapest provinces to live in Canada help you strike the right balance by offering affordable living costs without compromising on healthcare, safety, or lifestyle.
If you are also planning to move to Canada and are someone who prioritises lifestyle while staying financially secure, here is the list of affordable provinces to live in Canada for 2025-26, along with details on their cost of living, housing markets, and immigration options.
Top Cheapest Provinces to Live in Canada in 2025-26
According to MovingWaldo’s 2025 ranking, the cheapest provinces in Canada have been listed based on indicators like average living costs, provinces’ rental prices, property values, and quality of life. The provinces in Canada with a low cost of living include:
|
Province |
Average Monthly Cost of Living (in CAD) |
Average Rent (1-Bedroom) (in CAD) |
Average Property Price (in CAD) |
|
Newfoundland & 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 |
2,696.7 |
1,381 |
376,770 |
|
Prince Edward Island |
2,718.14 |
850 |
365,600 |
|
Quebec |
2,666.56 |
1,776 |
525,732 |
|
Nova Scotia |
3,101.53 |
2,100 |
564,000 |
1. Newfoundland and Labrador
The average monthly cost of living in Newfoundland and Labrador is around CAD 2,411.87, and this province is officially known as the cheapest province in Canada to live in. Newfoundland offers an excellent mix of affordability and natural charm with vibrant cultural festivals, stunning coastlines, and a welcoming community spirit.
The province is also home to some of the lowest tuition fees in North America, making it an attractive choice for international students and families. Growing industries like mining, hydro power, and fishing further add to the economic appeal of the province.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
Newfoundland and Labrador Provincial Nominee Program (NLPNP) |
Newfoundland and Labrador Express Entry Skilled Workers Skilled Worker Stream International Graduate Stream International Entrepreneur Stream International Graduate Entrepreneur Stream |
|
For skilled workers and graduates with job offers from designated employers |
2. New Brunswick
The average cost of living in New Brunswick is about CAD 2,341.21, and the province is known to offer one of the lowest cost of living in Canada, thanks to its affordable housing and lower-than-average utility expenses. The moderate real estate demand in New Brunswick ensures stability in property prices, making it ideal for families looking to settle in this province.
Though the employment opportunities in New Brunswick can sometimes be limited, the province makes up for it with its affordable lifestyle, safe neighbourhoods, and access to natural beauty.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
New Brunswick Express Entry Stream Skilled Worker Stream Business Immigration Stream Strategic Initiative Stream Critical Worker Pilot |
|
|
Atlantic Immigration Program (AIP) |
For skilled workers and graduates with job offers from designated employers |
3. Saskatchewan
MovingWaldo ranks Saskatchewan as one of the most affordable provinces in Canada, as the province strikes the right balance between lifestyle and budget. Known as Canada’s sunniest province, Saskatchewan is a particularly favourite destination for outdoor enthusiasts.
The prospective immigrants to this province also benefit from the robust natural resources and a thriving agricultural sector, thus having access to a large number of employment opportunities in Canada, in addition to an affordable cost of living in Saskatchewan at about CAD 2,531.25
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
International Skilled Worker Stream Saskatchewan Experience Category Entrepreneur and Farm Category International Graduate Entrepreneur Category |
4. Manitoba
Manitoba combines affordability with vibrant cultural life, specifically the provincial capital city, Winnipeg, which offers some of the most affordable housing options among the major Canadian cities. While winters are particularly chilly, the province enjoys pleasant summers and vibrant, exciting cultural festivals
The cost of living in Manitoba is quite affordable at 2,696.70, mainly due to the province’s low hydroelectricity rates, which make day-to-day living more affordable. Coupled with the province’s mix of industries, which ensures steady employment opportunities, making Manitoba one of the best provinces in Canada with low cost of living for immigrants in 2025-26.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
Skilled Worker Stream (includes Skilled Worker in Manitoba and Skilled Worker Overseas) International Education Stream Business Investor |
5. Prince Edward Island (PEI)
Prince Edward Island, along with being the smallest province, is also ranked among the top 5 cheapest provinces to live in Canada. PEI offers a unique blend of quiet lifestyles, stunning beaches, and fresh seafood, particularly appealing to families and individuals seeking peace and simplicity.
The cost of living in Prince Edward Island is low, around CAD 2,718.14, and the province also offers affordable rentals and property prices, making it a competitive choice compared to other larger provinces.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
PEI PNP Express Entry Category Labour Impact Category Business Impact Category |
|
|
Atlantic Immigration Program (AIP) |
For skilled workers and graduates with job offers from designated employers |
6. Quebec
Though the housing in Quebec is considered pricier in comparison to other provinces mentioned in the list, the overall cost of living in Quebec remains lower than provinces like Ontario and British Columbia, at around CAD 2,665.56.
Montreal, in particular, is a hub for international students and young professionals, offering suburban housing and vibrant urban life. The province’s affordable transportation, rich cultural life, and world-class universities make it an attractive and affordable province to live in Canada.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
For skilled workers |
|
|
For skilled workers and graduates |
Applicants to Quebec must first obtain a Quebec Selection Certificate (CSQ) before applying federally.
7. Nova Scotia
Though last on the list of the cheapest provinces to live in Canada, Nova Scotia yet offers a more affordable lifestyle compared to provinces like Ontario or British Columbia. The province’s coastal charm, scenic trails, and tight-knit communities make it an ideal destination for newcomers seeking maritime life.
Immigration Pathways for Skilled Immigrants
|
Program |
Immigration Streams |
|
For skilled workers |
|
|
Atlantic Immigration Program (AIP) |
For skilled workers and graduates with job offers from designated employers |
Affordability & Quality of Life, Learn Your Eligibility for the Cheapest Province in Canada
Learning about the cheapest provinces in Canada can significantly ease the worry of settling down as a newcomer, as it allows for saving money while building a sustainable and fulfilling life abroad.
To simplify your move and immigration experience to Canada, consider reaching out to expert guidance from GetGIS. Our team provides end-to-end assistance, including job search guidance and post-immigration support, to ensure a seamless and safe integration into Canada.
Also Read
- Is It Worth Moving to Canada from India?
- Can I Get PR After 1 Year Master's in Canada in 2026?
- Work from Home Jobs in Canada for 2025-26
- How to Immigrate to Canada at Age 40 and Above?
- Can I Go to Canada for a Job Without IELTS?
- Pathways from Temporary to Permanent Residency in Canada in 2025-26
- How to Legally Move Out of Provinces After PR: Canada PNP
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