Nov 29, 2023
British Columbia is the Most Expensive Province in Canada to Live 🍁
What we’re showing
This graphic ranks the Canadian provinces by their cost of living, represented by an index made up of 55 contributing factors.
The three Canadian territories, Yukon, Northwest Territories, and Nunavut, were not included in this analysis.
Key takeaway
British Columbia (BC) and Ontario are Canada’s most expensive places to live by a significant margin.
In fact, BC is the most expensive in terms of buying & renting property, public transit, health care services, clothing, plane tickets, and more.
Context
- BC had a median house price of $996,460 CAD in 2022 (around $720,000 USD).
- Ontario trails close behind, with a median house price of $931,870 CAD.
- Newfoundland and Labrador is the cheapest in many categories, especially housing, with a median house price of $291,807 CAD.