A new ranking by MovingWaldo has identified the most affordable provinces in Canada that also offer a high quality of life, based on housing costs, rent, and overall living expenses.
Top Affordable Provinces in 2025
1-Newfoundland & Labrador: Lowest cost of living, strong job sectors, and a mix of urban and rural life.
2-New Brunswick: Affordable housing and utilities, but fewer job opportunities.
3-Saskatchewan: Low living costs and the sunniest province in Canada.
4-Manitoba: Cheap hydro rates, but long, harsh winters.
5-Prince Edward Island: Affordable housing and scenic coastal beauty.
6-Quebec: Cheaper than Ontario and BC, with a lower cost of living overall.
7-Nova Scotia: Vibrant culture and outdoor beauty, but higher housing costs.
Each province has its own Provincial Nominee Program (PNP) for immigration, while Atlantic provinces also offer the Atlantic Immigration Program (AIP). Quebec follows a separate immigration system focused on French-speaking applicants.
The ranking is based on real estate prices, rent, and feedback from recent movers about job opportunities, healthcare, and lifestyle.
