Cost of Living
The Cost of Living in Niagara
The Canada Housing and Mortgage Corporation (CMHC) collects and compares data from municipalities across Canada. This link will bring you to a page that shows the average rental and house purchasing costs in Niagara. Click here for comparitive housing costs provided by CMHC. General information about Niagara is available from CMHC.
You will have many things to consider when looking at the cost of living, but one of the most important things to consider is the cost of housing. Compared to other municipalities in Southern Ontario and Toronto, Niagara is very reasonable when comparing housing prices. Below you will see a brief table showing the average cost for purchasing a home. For more specific details on the cost of living in Niagara, please go to NEDC (Niagara Economic Development Corporation) website for these and other details about the cost of living in Niagara.
Niagara’s housing costs are very affordable compared to other locations within southern Ontario and the GTA market.
| House Type |
Sq. Ft |
Bedrooms |
Bathrooms |
Garages |
Price Range |
| Townhouse |
1,000 |
3 |
1 |
1 |
$99,000 - $131,000 |
| Detached Bungalow |
1,200 |
3 |
1 |
1 |
$155,000 - $170,000 |
| Detached 2-Storey |
2,000 |
4 |
2 |
2 |
$230,000 - $251,000 |
| Detached 2-Storey |
3,000 |
5 |
3 |
2 |
$325,000 - $355,000 |
Compare Niagara'a property taxes with other areas.