Your Guide to Personal Financial Freedom: Finance Glide

Cheapest Places to Live in Ontario 2023 (Find Your Dream Home in One of 17 Ontario’s Most Budget-Friendly Cities)

Discover the 17 most cheapest places to live in Ontario in 2023 with our comprehensive guide. Explore 17 cities and regions with a low cost of living, and learn what makes each location unique. Make informed decisions and find your perfect home in Canada's largest province

Which are the cheapest places to live in Ontario?

The cheapest places to live in Ontario are:

  • Coburg
  • Thunder Bay
  • Trenton
  • Stratford
  • Rainy river
  • Windsor-Essex
  • Peterborough
  • Niagara Region
  • Deep river
  • Sarnia
  • Barrie
  • London and the St. Thomas Region
  • Orillia
  • Sault Ste-Marie
  • Hamilton
  • Innisfil
  • Sudbury

It’s important to note that the cost of living can vary depending on several factors, such as the proximity to urban centers, housing prices, and the availability of local amenities. Additionally, these estimates are subject to change and may not reflect the current situation.

Key takeaways

  • The cost of living in Ontario, Canada varies depending on the city or region.
  • 17 cities and regions were identified as the cheapest places to live in Ontario in 2023
  • The cost of living in each of these cities and regions was determined based on factors such as the average cost of housing, groceries, transportation, and other expenses.
  • When choosing a place to live, it is important to consider personal preferences and needs, such as access to job opportunities, recreation, and cultural activities.
  • It is recommended to research further and gather more information about the different cities and regions in Ontario to make an informed decision about where to live.

Relocating to a new city or town can be a daunting task, especially when it comes to finances. The cost of living in different areas can greatly vary, and finding the right balance between affordability and quality of life can be a challenge.

For those looking to make a move within Ontario, Canada, I’ve got you covered. In this blog post, I’ll be exploring the 17 cheapest places to live in Ontario in 2023.

Cheapest Places to Live in Ontario

When looking to move your family to Ontario, the first place to check is the cost of living. Want to know the cheapest places to live in Ontario?

We’ve made it easy for you with our list of the top 17 cheapest places to live in Ontario!

Just because you’re on a tight budget doesn’t mean you can’t have fun. Finding excellent deals, including where to live, is one of the most enjoyable aspects of living on a budget. 

Isn’t it all about location? If you live in Ontario, here are the cheapest places to live that won’t put a hole in your pocket.

Cheapest Places to Live in Ontario 2023 (Find Your Dream Home in One of 17 Ontario's Most Budget-Friendly Cities)

You’re in luck if you’re seeking an economical location to live in Ontario with plenty of facilities. The cheapest places to live in Ontario in 2023 are listed below:

1. Cobourg

Cobourg is a tiny town located an hour east of Toronto on the shores of Lake Ontario. 

Cobourg

It is well-known for its parks and beaches, making it a popular tourist destination. 

Cobourg has a population of fewer than 15,000 people. However, because of its proximity to Toronto, there are plenty of work opportunities.

Cobourg might be your best bet if you’re seeking a more cheap place to live in Ontario. 

Location and Population
Coburg is a small town located in southern Ontario, with a population of approximately 8,000 residents. It is known for its beautiful parks, conservation areas, and recreational trails.

Cost of Owning a House
The average cost of a single-family home in Coburg is around $500,000, making it a more affordable option compared to larger cities in Ontario.

Cost of Renting a One-Room Apartment
For those looking to rent, the average cost of a one-room apartment in Coburg is around $800 per month.

Amenities and Attractions
Coburg offers a variety of amenities and attractions, including shopping, dining, and entertainment options. There are also several parks, lakes, and hiking trails in the area, making it a great place for outdoor enthusiasts.

2. Thunder Bay

Thunder Bay is the cheapest location to live in Ontario, which may surprise you.

Thunder Bay

Thunder Bay has one of the lowest costs of living in Ontario, albeit it isn’t quite as cheap as Windsor.

Thunder Bay

Location and Population
Thunder Bay is a city located in northwestern Ontario, with a population of approximately 108,000 residents. It is known for its stunning natural scenery, rich cultural heritage, and thriving arts and music scenes.

Cost of Owning a House
The average cost of a single-family home in Thunder Bay is around $350,000, making it one of the most affordable options in Ontario.

Cost of Renting a One-Room Apartment
For those looking to rent, the average cost of a one-room apartment in Thunder Bay is around $700 per month.

Amenities and Attractions
Thunder Bay has a variety of amenities and attractions, including shopping, dining, and entertainment options. There are also several parks, lakes, and hiking trails in the area, making it a great place for outdoor enthusiasts. Additionally, Thunder Bay is home to several museums, galleries, and cultural events, making it a great place for those interested in arts and culture.

3. Trenton

Trenton, Ontario’s second-cheapest city, is the second-cheapest place to live in the province. Since its founding in 1855, the city’s population has grown from 5,000 to more than 14,000 inhabitants.

Trenton

Trenton is about two hours west-northwest of Toronto, and it has a significant airport that connects it to other major Canadian and American cities.

Location and Population
Trenton is a small town located in southeastern Ontario, with a population of approximately 24,000 residents. It is known for its rich history, scenic waterfront, and friendly community.

Cost of Owning a House
The average cost of a single-family home in Trenton is around $400,000, making it a more affordable option compared to larger cities in Ontario.

Cost of Renting a One-Room Apartment
For those looking to rent, the average cost of a one-room apartment in Trenton is around $700 per month.

Amenities and Attractions
Trenton offers a variety of amenities and attractions, including shopping, dining, and entertainment options. There are also several parks, lakes, and hiking trails in the area, making it a great place for outdoor enthusiasts. Additionally, Trenton is home to several historical sites, museums, and cultural events, making it a great place for those interested in history and culture.

4. Stratford

While this small town lacks some of the attractions offered in larger towns such as Toronto or Ottawa (such as museums or concert halls), it does provide breathtaking scenery for less than $1000 per month on average! 

Stratford

During your stay, you’ll be able to attend festivals such as Shakespeare By The Sea.

Location and Population
Stratford is located in southwestern Ontario, Canada. It is a small city with a population of approximately 30,000 people.

Cost of Owning a House
The cost of owning a house in Stratford is quite affordable compared to other cities in Ontario. The average cost of a house in Stratford is around $450,000.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Stratford is around $800 to $1,000 per month. This is an affordable option for those who are looking for a place to rent in Ontario.

Amenities and Attractions
Stratford is known for its rich cultural heritage and vibrant arts scene. The city is home to the world-renowned Stratford Festival, which attracts thousands of visitors every year.

In addition to the arts, Stratford also offers a range of outdoor activities, including hiking and biking trails, parks, and golf courses. The city is a great place to live for those who love the arts and outdoor activities.

5. Rainy River

Rainy River is a small town located in northwestern Ontario, Canada. It is located near the border with Minnesota, USA, and the Rainy River that flows between the two countries.

Rainy river

The town has a population of around 2,000 people and is known for its natural beauty, with scenic forests and waterways that provide opportunities for outdoor activities such as fishing and boating.

Rainy River is a peaceful, rural community that is a great option for those looking for a more relaxed lifestyle, away from the hustle and bustle of big cities. The cost of living in Rainy River is relatively low compared to larger cities in Ontario, making it an affordable place to live.

Location and Population
Rainy River is a small town located in northwestern Ontario, Canada. It has a population of approximately 2,000 people.

Cost of Owning a House
The cost of owning a house in Rainy River is very affordable. The average cost of a house in this town is around $200,000.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Rainy River is around $600 to $800 per month. This is an affordable option for those who are looking for a place to rent in Ontario.

Amenities and Attractions
Rainy River is known for its natural beauty and outdoor recreational activities. The town is located on the shores of the Rainy River and is surrounded by forests, lakes, and rivers. There are many opportunities for outdoor activities such as fishing, boating, hiking, and camping. The town is also home to a range of community events and festivals throughout the year. Rainy River is a great place to live for those who love the outdoors and a close-knit community.

6. Windsor-Essex

Windsor-Essex is a region located in the southern part of Ontario, Canada, along the Detroit River and Lake Erie. The region is made up of several communities, including the cities of Windsor and Essex, and the towns of Amherstburg, Kingsville, LaSalle, and Leamington.

Windsor-Essex

The area is known for its rich history, culture, and scenic beauty, as well as its thriving automotive, manufacturing, and agriculture industries.

Windsor-Essex has a diverse population and a rich cultural heritage and is home to many attractions and events that draw visitors from across the country and around the world.

In terms of cost of living, the region is considered one of the more affordable places to live in Ontario, with a low cost of housing, a lower cost of living compared to major cities, and a low unemployment rate.

Despite these advantages, the region faces challenges, such as declining industrial activity, an aging population, and high levels of poverty and inequality.

Despite these challenges, however, many residents of Windsor-Essex remain optimistic about the future and believe that the region has the potential to continue to grow and thrive in the coming years.

Location and Population
Windsor-Essex is located in southwestern Ontario, Canada. It is a large urban area with a population of approximately 320,000 people.

Cost of Owning a House
The cost of owning a house in Windsor-Essex is relatively affordable compared to other cities in Ontario. The average cost of a house in this region is around $400,000.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Windsor-Essex is around $800 to $1,200 per month. This is an affordable option for those who are looking for a place to rent in Ontario.

Amenities and Attractions
Windsor-Essex is a culturally rich and diverse area. The region is home to a range of cultural and sporting events, including the Windsor International Film Festival and the Essex County International Marathon.

The region is also known for its wineries, beaches, and parks. Windsor-Essex is a great place to live for those who love culture, sports, and the outdoors.

7. Peterborough

Peterborough is a city located in the province of Ontario, Canada. The city has a population of over 100,000 people and is a popular tourist destination.

Peterborough

Peterborough is known for its scenic beauty, as it is situated on the Otonabee River. The city also has a number of historical sites, such as the Peterborough Lift Lock, which is the oldest working lock in North America.

Location and Population: Peterborough is a city located in Central Ontario. It has a population of around 80,000 people.

Cost of Owning a House: The cost of owning a house in Peterborough is relatively low compared to other cities in Ontario. The average cost of a house in the city is around $300,000.

Cost One-Roomng a One Room Apartment: Renting a one-room apartment in Peterborough is also relatively affordable. The average cost of a one-room apartment is around $800 per month.

Amenities and Attractions: Peterborough offers a variety of amenities and attractions for its residents. Some of the popular attractions include the Peterborough Lift Lock, the Peterborough Farmers’ Market, and the Peterborough Museum and Archives. Additionally, the city also offers excellent dining options, shopping centers, and a thriving nightlife.

8. Niagara Region

The Niagara Region is one of Ontario’s best locations to live. It has reasonable accommodation, plenty of employment, and much to do and see, but it’s probably the last location you’d expect to have a good time late at night.

Niagara Region

Niagara Falls is a popular tourist destination. The city also hosts a number of fantastic festivals, such as the Winter Festival Of Lights and the Blues Fest Niagara Falls, which attract visitors from all around Ontario.

If you’re seeking a job after graduation, the Niagara Region boasts multiple universities, including Brock University, which trains healthcare professionals such as nurses, physiotherapists, and occupational therapists.

Location and Population: The Niagara Region is located in Southwestern Ontario. It has a population of around 440,000 people.

Cost of Owning a House: The cost of owning a house in the Niagara Region is relatively low compared to other cities in Ontario. The average cost of a house in the region is around $400,000.

Cost of Renting a One-Room Apartment: Renting a one-room apartment in the Niagara Region is also relatively affordable. The average cost of a one-room apartment is around $800 per month.

Amenities and Attractions: The Niagara Region offers a variety of amenities and attractions for its residents. Some of the popular attractions include Niagara Falls, the Niagara-on-the-Lake wineries, and the Shaw Festival Theater. Additionally, the region also offers excellent dining options, shopping centers, and a thriving nightlife.

9. Deep River

Deep River is a town in Renfrew County, Ontario, Canada. The town is located on the Ottawa River, approximately halfway between the cities of Ottawa and Toronto.

Deep River

Deep River is known for its nuclear research facilities and as a tourist destination. It is home to several museums and art galleries, as well as a variety of shops and restaurants. Deep River has a population of just over 4,000 people.

Location and Population: Deep River is a town located in Eastern Ontario. It has a population of around 4,000 people.

Cost of Owning a House: The cost of owning a house in Deep River is relatively low compared to other cities in Ontario. The average cost of a house in the town is around $250,000.

Cost of Renting a One-Room Apartment: Renting a one-room apartment in Deep River is also relatively affordable. The average cost of a one-room apartment is around $700 per month.

Amenities and Attractions: Deep River offers a variety of amenities and attractions

10. Sarnia

Sarnia is a city located in the province of Ontario, Canada. With a population of over 71,000 people, it is the largest city on Lake Huron and in Lambton County.

SARNIA

The city is situated on the International Border between Canada and the United States, with the Canadian side located north of the border and the American side located south of it.

Sarnia is known as a center for petrochemical production and has been nicknamed “The Chemical Valley” due to the large number of chemical plants located there.

The city also has a large fishing industry and is home to a number of marinas. Visitors to Sarnia can enjoy its many parks and trails, as well as its vibrant downtown area which features a variety of shops and restaurants.

Location and Population: Sarnia is located on the shore of Lake Huron and is the largest city in Lambton County. As of 2023, the population is estimated to be around 72,000 people.

Cost of Owning a House: The cost of owning a house in Sarnia is relatively low compared to other cities in Ontario. The average cost of a single-family home is around $200,000, making it an affordable option for those looking to buy a home.

Cost of Renting a One-Room Apartment: The cost of renting a one-room apartment in Sarnia is also relatively low. You can expect to pay around $800 to $900 per month for a one-room apartment.

Amenities and Attractions: Sarnia offers a variety of amenities and attractions, including a thriving downtown area with shopping, dining, and entertainment options.

The city is also home to a number of parks and trails, as well as a marina and waterfront walkway, making it an ideal place for those who enjoy outdoor recreation. Additionally, Sarnia is located just a short drive from Port Huron, Michigan, making it an ideal place for those who enjoy weekend getaways.

11. Barrie

Barrie is a beautiful city in Canada that is located on the shores of Lake Simcoe. It is a popular tourist destination for its stunning scenery and its many attractions.

BARRIE

Some of the most popular attractions in Barrie include the Barrie Molson Centre, the Barrie Public Library, and the Barrie Botanical Gardens.

The city is also home to a number of museums and galleries, as well as a variety of restaurants and cafes.

Location and Population: Barrie is a city located in central Ontario, just a short drive from Toronto. As of 2023, the population is estimated to be around 140,000 people.

Cost of Owning a House: The cost of owning a house in Barrie is relatively low compared to other cities in Ontario. The average cost of a single-family home is around $300,000, making it an affordable option for those looking to buy a home.

Cost of Renting a One-Room Apartment: The cost of renting a one-room apartment in Barrie is also relatively low. You can expect to pay around $900 to $1,000 per month for a one-room apartment.

Amenities and Attractions: Barrie is known for its lakeside living and outdoor recreation opportunities. The city is home to a number of parks, trails, and beaches, making it an ideal place for those who enjoy spending time in nature. Additionally, Barrie has a thriving downtown area with shopping, dining, and entertainment options, as well as a thriving arts and culture scene.

12. London and the St. Thomas region

London and the St. Thomas Region is a great place to live for those who enjoy the beauty of nature and the conveniences of a bustling city. Located in southwestern Ontario, it is home to a diverse population of over 500,000 people.

London and the St. Thomas region

The cost of living in this area is relatively low, making it a great option for those looking for affordable living options.

London and the St. Thomas region are seeing population and house price growth, but not at the same rate as Ottawa or Toronto. This implies that inexpensive housing is still available, you just have to seek a little more than in other areas.

The job economy is improving as well, though not to the extent that it is in Toronto or Ottawa. If you’re ready to commute into either city on a daily basis or take advantage of some of the smaller businesses that have recently started up shop in London, you’ll find plenty of well-paying positions here (like Uber).

New transit hubs are opening up around town, and bus service has considerably increased since 2022. (when we did our last study). However, if your job isn’t to close by, public transportation options may be limited, so prepare beforehand!

Location and Population
London and the St. Thomas Region is located in southwestern Ontario and is known for its beautiful countryside, rolling hills, and parks. It is home to a diverse population of over 500,000 people, making it a great place for those who enjoy being around a lot of people.

Cost of Owning a House
The cost of owning a house in London and the St. Thomas Region is relatively low compared to other cities in Ontario.

The average price of a house in this area is around $400,000, making it a great option for those who are looking to buy a home.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in London and the St. Thomas Region is also relatively low compared to other cities in Ontario. On average, a one-room apartment in this area will cost around $1000 per month.

Amenities and Attractions
London and the St. Thomas Region offer a variety of amenities and attractions for its residents. There are plenty of parks, lakes, and outdoor activities to enjoy, as well as shopping centers, restaurants, and cultural events.

It is a great place for those who enjoy both the beauty of nature and the conveniences of a bustling city.

13. Orillia

Orillia is a beautiful city in Canada that is located on the shores of Lake Simcoe. It is known for its stunning scenery, friendly people, and great amenities.

Orillia

Visitors to Orillia will enjoy exploring the city’s many parks and trails, as well as visiting the many shops and restaurants downtown. There is something for everyone in Orillia, making it the perfect place to visit for a weekend getaway or a longer vacation.

There isn’t a city in Ontario that has more to offer than Orillia. The famous Lake Simcoe waterfront and its winter wonderland, which includes tobogganing, ice skating, and snowshoeing routes, are located here. 

Shopping at Gooseberry Creek and Nelly Gee’s Dry Goods Co., pubs like The Station House Tavern or 4th Street Bar & Grill, and restaurants like Tandoori Clay Oven Cuisine or Good Earth Natural Foods Café & Restaurant are all available in the downtown center. 

Location and Population
Orillia is located in central Ontario and is known for its beautiful lakes and parks. It has a population of around 30,000 people, making it a great place for those who enjoy a small-town feel.

Cost of Owning a House
The cost of owning a house in Orillia is relatively low compared to other cities in Ontario. The average price of a house in this area is around $300,000, making it a great option for those who are looking to buy a home.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Orillia is also relatively low compared to other cities in Ontario. On average, a one-room apartment in this area will cost around $800 per month.

Amenities and Attractions
Orillia offers a variety of amenities and attractions for its residents. There are plenty of parks, lakes, and outdoor activities to enjoy, as well as shopping centers, restaurants, and cultural events. It is a great place for those who enjoy both the beauty of nature and the conveniences of a big city.

14.Sault Ste-Marie

Sault Ste-Marie is a great place to live for those who enjoy the beauty of nature and a relaxed lifestyle. It is located in northern Ontario and is known for its beautiful lakes and parks.

The cost of living in Sault Ste-Marie is relatively low, making it a great option for those looking for affordable living options.

Sault Ste-Marie

Sault Ste. Marie was once a thriving industrial city, but it is now known for its natural beauty rather than its industry. 

It’s one of those areas where you can go on vacation without feeling like you’re sacrificing beauty for cost-effectiveness. In fact, the natural scenery is almost certain to trump any cost savings you may gain from living here!

Location and Population: Sault Ste-Marie is a city located in Northern Ontario, Canada. It is known for its natural beauty and outdoor recreation opportunities, as well as its strong economy and vibrant cultural scene. The city has a population of approximately 75,000 people.

Cost of Owning a House: The cost of owning a house in Sault Ste-Marie is relatively low compared to other cities in Ontario. The average cost of a house in the city is around $200,000, which is quite affordable considering the city’s many amenities and attractions.

Cost of Renting a One-Room Apartment: The cost of renting a one-room apartment in Sault Ste-Marie is also relatively low, with average rents starting around $800 per month. This is a good option for those who prefer not to own a house and would rather rent.

Amenities and Attractions: Sault Ste-Marie is a city that offers plenty of amenities and attractions for its residents. The city has a strong economy and is home to several large employers, including Algoma Steel and Essar Steel.

The city is also known for its beautiful natural areas, including the St. Mary’s River, the Pancake Bay Provincial Park, and the Searchmont Resort, which offers great skiing and snowboarding opportunities.

Additionally, Sault Ste-Marie has a thriving arts and cultural scene, with several museums and galleries, as well as a lively music and performing arts scene.

15. Hamilton

Hamilton is a great option for those looking for an affordable place to live in Ontario. With a thriving economy, a diverse community, and a range of amenities and attractions, Hamilton is an ideal location for those who want to live in a city that offers a good quality of life.

Whether you are a first-time home buyer or a renter, Hamilton is a great place to call home.

Hamilton

Location and Population
Hamilton is located on the southwestern shore of Lake Ontario, and it is the third-largest city in Ontario, Canada.

With a population of just over 536,000, Hamilton is a bustling and growing city that is home to a diverse community of people.

Cost of Owning a House
The cost of owning a house in Hamilton varies depending on the type and location of the property. On average, a single-family home in Hamilton costs around $700,000, while the median price of a detached house is around $600,000.

However, it is possible to find more affordable housing options in some of the city’s suburbs.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Hamilton varies depending on the location and quality of the property. On average, you can expect to pay around $1,200 per month for a one-room apartment in Hamilton.

However, it is possible to find more affordable housing options in some of the city’s suburbs.

Amenities and Attractions
Hamilton is a city that offers a wide range of amenities and attractions for its residents. The city is home to several parks and recreation areas, as well as several cultural and historical sites, including the Art Gallery of Hamilton and the Canadian Warplane Heritage Museum.

Hamilton is also home to several shopping malls, restaurants, and entertainment venues, making it a great place to live for those who enjoy an active lifestyle.

16. Innisfil

Innisfil is a town in Ontario, Canada, located on the western shore of Lake Simcoe. The town’s name is derived from Innsifill, the Old Norse word for “island field”.

Innisfil

Innisfil is part of the Greater Toronto Area and has a population of 36,611 (2016). The town was established in 1822 and was originally part of York County.

In 1971, Innisfil amalgamated with the Village of Alcona and the Township of Vespra to form the current municipality. Innisfil is home to a number of parks and recreation areas, including Cook’s Mill Conservation Area, Fox Run Golf Links, and Centennial Park. The town also has a vibrant arts community and is home to the Innisfil Studio Tour, an annual event that showcases local artists and artisans.

On January 1, 1999, the old Township of Esquesing and the majority of the Village of Bradford West Gwillimbury merged to establish the Town of Innisfil.

It was one of only two municipalities in Ontario at the time to be established through a municipal incorporation order issued under Section 437 of the Municipal Act. 

This law allows for the formation of new municipalities from unincorporated areas by giving them powers similar to those possessed by existing municipalities in the region.

Location and Population
Innisfil is a town in the Simcoe County of Ontario, Canada, located just south of Barrie. With a population of about 40,000 residents, Innisfil is a growing town that offers a more affordable cost of living compared to other cities in the Greater Toronto Area (GTA).

Cost of Owning a House
The average cost of owning a house in Innisfil is around $500,000, which is still lower compared to the average cost of owning a house in the GTA, which can range from $1 million to $2 million.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Innisfil is around $1,000 per month, which is relatively cheaper compared to the average cost of renting a one-room apartment in the GTA, which can range from $1,500 to $2,000 per month.

Amenities and Attractions
Innisfil offers a variety of amenities and attractions for residents and visitors alike. From scenic parks, recreational facilities, and shopping centers to restaurants, cafes, and cultural events, Innisfil has everything to keep you entertained.

Additionally, Innisfil is located just minutes away from the beautiful Lake Simcoe, making it an ideal location for outdoor enthusiasts.

17. Sudbury

Sudbury is a city in northern Ontario, Canada. It is the largest city in the Sudbury District with a population of over 161,000 people. The city is located on the Canadian Shield, a large geological plateau.

Sudbury

Sudbury was founded in 1883 as a mining town and it has since become a regional center of industry and commerce.

The city’s economy is based on mining (nickel and copper), forestry, and tourism. Sudbury has a humid continental climate with long, cold winters and short, warm summers.

The average January temperature is -16°C and the average July temperature is 22°C. Sudbury receives an average of 913 mm of precipitation each year.

The city of Sudbury is home to several post-secondary institutions, including Laurentian University and Collège Boreal. Sudbury also has a lively arts scene and is home to the Art Gallery of Sudbury, the Sudbury Symphony Orchestra, and the Sudbury Theatre Centre.

Location and Population
Sudbury is a city in the province of Ontario, Canada, located in the northeastern part of the province. With a population of about 160,000 residents, Sudbury is the largest city in Northern Ontario and offers a more affordable cost of living compared to other cities in Southern Ontario.

Cost of Owning a House
The average cost of owning a house in Sudbury is around $400,000, which is still lower compared to the average cost of owning a house in Southern Ontario, which can range from $500,000 to $1 million.

Cost of Renting a One-Room Apartment
The cost of renting a one-room apartment in Sudbury is around $900 per month, which is relatively cheaper compared to the average cost of renting a one-room apartment in Southern Ontario, which can range from $1,200 to $1,500 per month.

Amenities and Attractions
Sudbury offers a variety of amenities and attractions for residents and visitors alike. From scenic parks, recreational facilities, and shopping centers to restaurants, cafes, and cultural events, Sudbury has everything to keep you entertained.

Additionally, Sudbury is located just minutes away from several lakes, making it an ideal location for outdoor enthusiasts.

Ontario

Ontario is a province with a wide range of landscapes. It has large towns with skyscrapers as well as rural natural locations.

Ontario

The province of Ontario is one of Canada’s thirteen provinces and territories.

The province of Ontario is one of Canada’s thirteen provinces and territories. It’s in the heart of the country, between the Great Lakes and Quebec. Toronto, is the province’s capital and most populated city, with a population of 2.7 million people.

With a population of almost 13 million people, Ontario is by far the most populous province in Canada (the second-largest province is Alberta).

It is Canada’s most populous province, accounting for 38.3 percent of the country’s population, and the second-largest in terms of total area.

Ontario is a Canadian province in the center of the country. It is Canada’s most populous and second-largest province in terms of land size, accounting for 39% of the country’s total land area. Over 13 million people live in Ontario, with about 9% of them being foreign-born.

The province of Ontario offers many attractions that attract travelers from all around the world. Niagara Falls, for example, is one of North America’s most well-known waterfalls, with three different falls totaling more than 165 feet (50 meters).

When the territories of the Northwest Territories and Nunavut are included, Ontario is the fourth-largest jurisdiction in terms of total area.

When the territories of the Northwest Territories and Nunavut are included, Ontario is the fourth-largest jurisdiction in terms of total area.

The land area of Ontario is 851,628 km2 (331,087 sq mi), whereas the water area is 740 km2 (290 sq mi).

It is bordered on the south by Lake Erie, on the east by Hudson Bay, James Bay, and Quebec, on the west by Manitoba (with whom it shares a 504-kilometre (313-mile) boundary), and on the north by Hudson Strait and Ungava Bay.

To complete its border with Quebec, Ontario shares a 20-mile inland water border with the province. There are about 200 lakes in the province that are greater than 40 square kilometers (10 square miles), including Lake Superior, which is 31 531 km2 (12 917 sq mi).

There are many options for boating enthusiasts to enjoy themselves here, with these enormous bodies of water on all sides but one!

Ottawa, the nation’s capital, and Toronto, the country’s most populated metropolis and Ontario’s provincial capital, are both located here.

Ottawa, the nation’s capital, and Toronto, the country’s most populous metropolis, are both located in Ontario. Several other major cities, such as Hamilton and Windsor, are located in the province.

The national parks of Canada are also found in Ontario, and they are a popular tourist attraction for both Canadians and international visitors.

Ontario is bordered on the west by Manitoba, on the north by Hudson Bay and James Bay, on the east and northeast by Quebec, and on the south by the United States states of Minnesota, Michigan, Ohio, Pennsylvania, and New York (from west to east).

Ontario is Canada’s most populous province, accounting for 39.6% of the country’s total population. It’s also the second-largest province in terms of overall area, with 909,365 km2 encompassing slightly over half of Canada’s landmass (352,000 sq mi).

Ontario is home to the nation’s capital, Ottawa, and its largest city, Toronto, which together account for around 37% of the province’s total population.

To the west, Manitoba; to the north, Québec; to the east, New York State; Michigan and Ohio on the south side of Lake Erie; and the Saint Lawrence Seaway, which provides access to the Atlantic Ocean via the St Lawrence River shipping route.

Ontario is a huge Canadian province with both rural and urban areas, including Toronto.

Ontario is a huge Canadian province with both rural and urban areas, including Toronto. Ottawa is Ontario’s capital, as well as the province’s largest city and economic center.

Ontario is home to 13 million people and spans over one million square miles. It is the province with the second-largest overall area (1st if you include Nunavut). 

It also accounts for one-third of Canada’s population and a quarter of the country’s GDP.

Here are a few resources related to the cheapest places to live in Ontario, Canada in 2023 that I think you should read:

What is Windsor-Essex and why is it considered a cost-effective place to live in Ontario?
Windsor-Essex is a region located in the southwestern part of Ontario, Canada. The area is known for its low cost of living, affordable housing, and thriving job market, making it a popular destination for those looking to stretch their budgets while still enjoying a high standard of living.

What are some of the biggest attractions and amenities in the Windsor-Essex region?
Windsor-Essex is home to a variety of attractions and amenities, including beaches, parks, and cultural attractions like the Art Gallery of Windsor and the Odette Sculpture Park. Additionally, the region boasts a thriving food and wine scene, as well as numerous shopping and entertainment options.

What is the job market like in Windsor-Essex and what are some of the top industries?
The job market in Windsor-Essex is growing, with the top industries being manufacturing, healthcare, and education. The region is home to several large employers, including Ford Motor Company, Chrysler Canada, and the University of Windsor, which offer a range of job opportunities for residents.

What is the cost of living in Windsor-Essex and how does it compare to other places in Ontario?
The cost of living in Windsor-Essex is relatively low when compared to other cities in Ontario, with housing being particularly affordable. The average home price in the region is well below the provincial average, making it a popular choice for those looking to save money while still enjoying a high standard of living.

What is the climate like in Windsor-Essex and what kind of outdoor activities are available?
The climate in Windsor-Essex is characterized by warm summers and relatively mild winters. There are numerous outdoor activities available in the region, including hiking, fishing, boating, and beach activities. Additionally, the region is home to several large parks and nature reserves, making it a great place for those who enjoy exploring the great outdoors.

Conclusion

In conclusion, the 17 cheapest places to live in Ontario in 2023, as presented in this post, include:

  • Coburg
  • Thunder Bay
  • Trenton
  • Stratford
  • Rainy river
  • Windsor-Essex
  • Peterborough
  • Niagara Region
  • Deep river
  • Sarnia
  • Barrie
  • London and the St. Thomas Region
  • Orillia
  • Sault Ste-Marie
  • Hamilton
  • Innisfil
  • Sudbury


When choosing the right place to live, it’s important to consider your personal preferences and needs. For example, if you prefer a more urban lifestyle, you may want to consider living in a larger city like North Bay or Hamilton.

If you’re looking for a quieter, more rural setting, you might want to consider places like Blenheim or Cobourg. It’s also important to consider factors such as cost of living, access to amenities and services, job opportunities, and the local climate.

I hope that this post has provided useful information that will help you make an informed decision about where to live in Ontario. However, I would encourage you to do further research to ensure that you have all the information you need to make the best choice for you and your family.

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savvyfinance

My name is Oluwakemi (SavvyFinance). I believe that financial education is crucial, but becoming financially better off requires access to informative resources that provide you with the necessary information to your personal financial freedom, and a great level of motivation on your path as an individual.

Personal finance should be treated seriously, but that doesn’t mean it has to be hard, which is the reason I started FinanceGlide.com

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