One of the reasons Saint Johners can live life on our terms is because of our very affordable cost of living - it's one of the biggest changes newcomers to the community enjoy.
In almost all cases our cost of living is lower than elsewhere in Canada, and most of the world (10-30% lower than other Canadian cities). Recently rated by 2017 Demographia International Housing Affordability Study as one of the:
Top 5 most affordable smaller Canadian cities.
Rental Vacancy Rate- 7.8%
Median Family income- $73, 600
Top 5 Most Affordable Small Cities in Canada – $204,722 average housing price
35% of residents commute to work is less than 15 minutes
43% of residents commute to work is between 15 and 30 minutes
Bus Single Fare (1 adult) $2.75
Bus Monthly Adult Pass $77.00
Monthly Uptown Parking Cost $77.00 - $122.00
Average Infant Daily Childcare Cost $38
Average Toddler Daily Childcare Cost $33
Average After School Daily Childcare Cost $19
Cost of Electricity $0.0993 per kWh
Water and Sewer Cost $1368.00 per year for a single unit residence
Property Tax Rates:
- Saint John 1.785
- Quispamsis 1.290
- Grand Bay Westfield 1.370
- Rothesay 1.240
Having said that, be prepared to see higher consumables pricing (food, clothing, gas etc.)
Owning your home (vs. renting) is the biggest differentiator in cost of living - home ownership here is still incredibly affordable.