If you are trying to save as much as you can during tough times and have thought about relocating, put New Glasgow, Nova Scotia on your list.
A new list from Nesto, a Canadian mortgage company, is highlighting New Glasgow and its charming town centre as a top affordable place to live in Canada.
The company says it used rental market affordability and low cost of living to prepare its list.
According to Nesto, a single person living in New Glasgow will have average total expenses of $795 a month not including rent. Residents can expect to spend an average $800 per month for a 1-bedroom rental.
10 Best Canadian Cities for Rental Market Affordability & Fewer Expenses
- Trois Rivières, Quebec
Average monthly expenses – $670
Average 1-bedroom rent – $560
- Lloydminster, Saskatchewan
$695
$750
- Saint John, New Brunswick
$698
$873
- Saguenay, Quebec
$756
$500
- Sherbrooke, Quebec
$788
$613
- New Glasgow, Nova Scotia
Average monthly expenses $795
Average 1-bedroom rent $800
- Kitchener, Ontario
$819
$1,642
- Quebec City, Quebec
$835
$942 - Kelowna, British Columbia
$856
$1,731 - Red Deer, Alberta
$861
$948

