As many as 27 Percent of Canadians live on paycheque to paycheque, that’s about 10 million people, according to BDO Canada.
As many Canadians live in the largest cities, the cost of rent and food keeps growing. The biggest expenses many Canadian are facing is food and rent costs, which are everyday essential.
The cost of living, which includes rent and food, is prohibitive in cities like Toronto and Vancouver. The Most Expensive Cities To Live In Canada 2020 are based on rent and food, and other essentials.
Here Are The Most Expensive Cities To Live In Canada 2020
10.Guelph
Guelph City in Ontario and Home to the University of Guelph as well as limestone architecture,
Cost OF Living Index: 61.58
Cost OF Rent Index: 27.30
Cost of 1 Bedroom: $1,463
Cost of 2 Bedrooms: $1,781
9.Calgary
Calgary City In Alberta and Home to the youngest population of major cities in Canada, with 70.2 percent of the population between the ages of 15 to 64,
Cost OF Living Index: 61.82
Cost OF Rent Index: 25.70
Cost of 1 Bedroom: $1,216
Cost of 2 Bedrooms: $1,459
8.Edmonton
Edmonton, the capital city of Alberta and home to the Government of Alberta and the University of Alberta,
Cost OF Living Index: 61.39
Cost OF Rent Index: 25.39
Cost of 1 Bedroom: $1,058
Cost of 2 Bedrooms: $1,298
7.Mississauga
Mississauga City in Ontario and is a large Canadian city neighbouring Toronto on Lake Ontario.
Cost OF Living Index: 62.40
Cost OF Rent Index: 38.82
Cost of 1 Bedroom: $1,903
Cost of 2 Bedrooms: $2,291
6.Victoria
Victoria city in British Columbia course living in anywhere In BC expensive the real estates are selling at a premium price.
Cost OF Living Index: 63.63
Cost OF Rent Index: 34.98
Cost of 1 Bedroom: $1,649
Cost of 2 Bedrooms: $2,048
5.St. John’s
St. John’s, a city on Newfoundland island off Canada’s Atlantic coast, is Newfoundland and Labrador’s capital.
Cost OF Living Index: 64.18
Cost OF Rent Index: 19.66
Cost of 1 Bedroom: $905
Cost of 2 Bedrooms: $1,271
4.Halifax
Halifax, an Atlantic Ocean port in eastern Canada, is the provincial capital of Nova Scotia. A major business centre.
Cost OF Living Index: 64.58
Cost OF Rent Index: 27.60
Cost of 1 Bedroom: $1,286
Cost of 2 Bedrooms: $1.614
3.Red Deer
Red Deer is a city in Alberta, Canada, about halfway between Calgary and Edmonton. The Alberta Sports Hall of Fame & Museum celebrates the province’s sporting achievements with memorabilia.
Cost OF Living Index: 66.15
Cost OF Rent Index: 20.02
Cost of 1 Bedroom: $959
Cost of 2 Bedrooms: $1,038
2.Vancouver
Vancouver, a bustling west coast seaport in British Columbia Vancouver, is the second-largest population and Airport in Canada
Cost OF Living Index: 66.65
Cost OF Rent Index: 46.73
Cost of 1 Bedroom: $2,026
Cost of 2 Bedrooms: $2,798
1.Toronto
Toronto, the province of Ontario, is a major Canadian city and the Financial hub of Canada.
Cost OF Living Index: 70.28
Cost OF Rent Index: 45.55
Cost of 1 Bedroom: $2,240
Cost of 2 Bedrooms: $2,910
The Most Expensive Cities To Live In Canada 2020 Source:|Rental|Numbeo|
