Housing Costs

Housing CostsYou will have many things to consider when looking at the cost of living but one of the most important is housing costs. Compared to Toronto and other Southern Ontario communities, Niagara has very affordable housing costs.

One of your first priorities when you arrive will be finding a place to live. Many newcomers rent an apartment as their first home. To find an apartment, you can check rental listings in local newspapers and on websites such as Kijiji and Viewit and  4Rent.ca.Please visit Settlement.org for more information on renting an apartment including kinds of rentals, what document you need, your rights as a tenant, and more.

If you plan to buy a home, please visit the Niagara Association of Realtors for information on buying a home including home listings and how to find a realtor to help you through the process. Below is a brief table showing the average cost of some common house types.

House Type Square Feet Bedrooms Bathrooms Cars in Garage Cost
Townhouse 1,000 3 1 1 $99,000–$131,000
Detached bungalow 1,200 3 1 1 $155,000–$170,000
Detached 2-story 2,000 4 2 2 $230,000–$251,000
Detached 2-story 3,000 5 3 2 $325,000–$355,000

Please visit the Canada Housing and Mortgage Corporation (CMHC) for more details on the cost of buying or renting a home. If you own a home in Niagara, you must pay property tax to your local municipality and Niagara Region. Please visit the Niagara Region website for more information on property tax rates including comparisons to other municipalities. Please visit the Niagara Economic Development Corporation (NEDC) for more details on the cost of living in Niagara.

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Government of Ontario
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