Canada continues to be one of the top destinations for immigrants seeking a high quality of life, economic opportunities, and a welcoming environment. For those considering a move, affordability is a key factor in choosing the right province. A recent study has highlighted the most budget-friendly provinces with excellent living standards, making them ideal choices for newcomers.
Why Affordability Matters for Immigrants
Relocating to a new country comes with financial challenges, from housing costs to daily expenses. Choosing an affordable province can make settling in much smoother, allowing newcomers to build a stable and comfortable life without excessive financial strain. The following provinces have been recognized for their cost-effective living conditions, offering a balance of affordability and quality of life.
Top Affordable Provinces in Canada for 2025
| Province | Average Monthly Cost of Living | Average Rent for 1-Bedroom Apartment | Average Property Cost |
| 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 | $2,696.70 | $1,381 | $376,770 |
| Prince Edward Island | $2,718.14 | $850 | $365,600 |
| Quebec | $2,665.56 | $1,776 | $525,732 |
| Nova Scotia | $3,101.53 | $2,100 | $564,000 |
1. Newfoundland and Labrador – The Most Affordable Province
Canada’s easternmost province ranks as the most budget-friendly place to live. With low housing costs and an average monthly expense of just over $2,400, it offers a great balance between affordability and quality of life. The province is home to a mix of urban and rural communities, a strong job market in industries like mining, hydropower, and fisheries, and breathtaking natural landscapes.
Immigration Pathways to Newfoundland and Labrador
- Newfoundland and Labrador Provincial Nominee Program (NLPNP)
- NL Express Entry Skilled Worker
- Skilled Worker Category
- International Graduate Category
- Atlantic Immigration Program (AIP)
2. New Brunswick – Low Cost of Living with Scenic Beauty
New Brunswick provides one of the lowest costs of living in Canada, along with affordable housing and essential services. The province is known for its beautiful coastal scenery and friendly communities, making it an attractive option for new immigrants.
Immigration Options for New Brunswick
- New Brunswick Provincial Nominee Program (NBPNP)
- Express Entry Stream
- Skilled Workers Stream
- Business Immigration Stream
- Atlantic Immigration Program (AIP)
3. Saskatchewan – Affordable Living with Plenty of Sunshine
Saskatchewan boasts one of Canada’s lowest housing costs and an affordable lifestyle. The province is well-known for its sunny weather, vast open landscapes, and strong agricultural and energy sectors, providing ample employment opportunities for skilled workers.
Immigration Pathways for Saskatchewan
- Saskatchewan Immigrant Nominee Program (SINP)
- International Skilled Worker Category
- Saskatchewan Experience Category
- Entrepreneur and Farm Category
4. Manitoba – Low Utility Costs and Vibrant Culture
Manitoba is an excellent choice for immigrants who prefer a lively culture and an affordable lifestyle. The province offers some of the lowest hydroelectricity rates in Canada and a welcoming community for newcomers.
Manitoba Immigration Pathways
- Manitoba Provincial Nominee Program (MPNP)
- Skilled Worker Stream
- International Education Stream
- Business Investor Stream
5. Prince Edward Island – Affordable and Scenic
Prince Edward Island (PEI) provides a balance of affordability and natural beauty. Its lower housing prices, charming coastal towns, and relaxed lifestyle make it a great choice for immigrants looking for a peaceful environment.
Immigration Options for PEI
- PEI Provincial Nominee Program (PEI PNP)
- Express Entry Category
- Labour Impact Category
- Business Impact Category
6. Quebec – Lower Cost of Living with Cultural Richness
While housing in Quebec is more expensive than in other provinces on this list, the overall cost of living remains lower compared to Ontario and British Columbia. Quebec offers excellent public services, a vibrant culture, and a strong job market for French-speaking immigrants.
Quebec Immigration Programs
- Quebec Skilled Worker Program
- Quebec Experience Program (PEQ)
- Quebec Selection Certificate (CSQ)
7. Nova Scotia – Higher Housing Costs but Great Lifestyle
Nova Scotia may have higher housing prices, but it compensates with stunning coastal views, a strong job market, and a vibrant cultural scene. The province is ideal for those looking to enjoy both nature and urban life.
Immigration Options for Nova Scotia
- Nova Scotia Nominee Program (NSNP)
- Express Entry Streams
- Occupations in Demand
- International Graduates in Demand
- Entrepreneur Stream
- Atlantic Immigration Program (AIP)
For immigrants seeking an affordable and high-quality lifestyle in Canada, these provinces offer excellent options. Newfoundland and Labrador stand out as the most cost-effective, but all the provinces listed above provide a mix of economic opportunities and livability. If you’re planning to immigrate to Canada, ImmigCanada can guide you through the best pathways tailored to your needs. Contact us today to start your journey toward a new life in Canada!
Add ImmigCanada to Your Google News Feed
ImmigCanada Immigration Consulting Services
