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10 Cheapest Places To Live in Saskatchewan in 2023

Saskatchewan is known to have a vibrant cultural scene and offers plenty of recreation opportunities. The residents of the province also enjoy free medical care, an affordable education system, favourable immigration policies, and an abundance of job opportunities. 

There are plenty of reasons to move to Saskatchewan, but the question is — where among the Saskatchewan cities should you settle?

Let us help you make the right choice by going through the best places and small towns to live in Saskatchewan.

Cheap Places to Live in Saskatchewan

1. Prince Albert

Besides being one of the cheapest places to live in Saskatchewan, Prince Albert has become popular among immigrants for being a family-focused community.

It serves as a retail and distribution center for the biggest industries of Northern Saskatchewan, which include agriculture, forestry, and mining.

CityPrince Albert
Population37,756
Average Cost of Living (one person, with rent)$1,355
Average Cost of Buying a Home$270,800
Average Cost of Renting a One-bedroom Apartment$1,010
Crime Rate (per 100,000 people)11,690
Unemployment Rate11.5%

2. Moose Jaw

Because of its economic stability and growth, Moose Jaw has several mega projects that offer jobs, services, facilities, and financial security to its residents. For instance, many shopping plazas are expected to open in the city, which will help elevate the resident’s lifestyles.

CityMoose Jaw
Population33,665
Average Cost of Living (one person, with rent)$1,473
Average Cost of Buying a Home$277,200
Average Cost of Renting a One-bedroom Apartment$987
Crime Rate (per 100,000 people)6,192
Unemployment Rate9.5%

3. Weyburn

Out of all the Saskatchewan cities, Weyburn is one of the best for many reasons — it offers a comfortable environment to its residents, its income opportunities are high, and the educational facilities are top-notch yet affordable.

Weyburn also has amazing hospitality and food facilities for its residents. Here, you can find restaurants and hotels known for their excellent services.

CityWeyburn
Population11,019
Average Cost of Buying a Home$298,000
Average Cost of Renting a One-bedroom Apartment$921
Crime Rate (per 100,000 people)6,543
Unemployment Rate7.5%

4. Saskatoon

Saskatoon is a great city to settle in as it’s rich in history and culture, has relatively low tax rates, and has a booming economy. The city is also located near major road networks, like Highways 16, 219, 684, and 762, making daily commutes a breeze.

Some of the best places to live in Saskatoon are River Heights, Mayfair, Silverspring, and the Riversdale Neighborhood. The City Park Neighborhood is also an excellent option as it’s a few minutes away from restaurants, shops, and essential services.

CitySaskatoon
Population266,141
Average Cost of Living (one person, without rent)$1,253.50
Average Cost of Buying a Home$393,600
Average Cost of Renting a One-bedroom Apartment$1,210
Crime Rate (per 100,000 people)5,504
Unemployment Rate8.7%

5. Estevan

Ranked as the 4th best place to live in the prairies, Estevan continues to attract immigrants due to its home affordability, health accessibility, and economy.

The city is also known for its communities, with organizations like the United Way and Habitat for Humanity consistently working for the common good.

CityEstevan
Population10,851
Average Cost of Living (one person, with rent)$1,316
Average Cost of Buying a Home$276,800
Average Cost of Renting a One-bedroom Apartment$954
Crime Rate (per 100,000 people)6,638
Unemployment Rate7.4%

Related: Saskatchewan minimum wage.

6. Lloydminster

Our list of the best small towns to live in Saskatchewan will not be complete without Lloydminster. It offers countless cultural, natural, and recreational opportunities, allowing residents to find and explore their interests.

CityLloydminster
Population11,843
Average Cost of Living (one person, with rent)$1,392
Average Cost of Buying a Home$283,200
Average Cost of Renting a One-bedroom Apartment$815
Crime Rate (per 100,000 people)5,545
Unemployment Rate12.5%

7. Swift Current

Swift Current is the most popular mid-sized city for immigrants in the province. It’s an affordable, culturally exciting, and business-friendly community that has become a haven for residents, new entrepreneurs, and established companies.

The city has many publicly funded Catholic and public schools from Pre-K to12 and post-secondary education. Its community services include culture, sports, and recreation programs for children, seniors, and adults all year long.

CitySwift Current
Population16,750
Average Cost of Living (one person, with rent)$1,457
Average Cost of Buying a Home$318,400
Average Cost of Renting a One-bedroom Apartment$951
Crime Rate (per 100,000 people)5,660
Unemployment Rate7.3%

8. Yorkton

Yorkton is one of the cheapest places to live in Canada, as it’s affordable for both living and working. Housing prices in the city are low compared to other cities with the same population in the province. Affordable commercial and industrial lots are common in the city.

Besides having cheaper municipal taxes, Yorkton also has the lowest development charges than other major cities in Saskatchewan.

CityYorkton
Population16,280
Average Cost of Living (one person, without rent)$1,343
Average Cost of Buying a Home$260,000
Average Cost of Renting a One-bedroom Apartment$1,039
Crime Rate (per 100,000 people)9,377
Unemployment Rate7.5%

9. North Battleford

The cost of living in North Battleford is 18% below the national average, so you can expect everything here to be affordable.

Fairview Heights and Killdeer, located on the northeast and northwest edges of the city, respectively, have become sought-after neighborhoods as they’re the perfect places to raise a family and are close to shopping centers and walking trails.

CityNorth Battleford
Population13,836
Average Cost of Buying a Home$236,800
Average Cost of Renting a One-bedroom Apartment$948
Crime Rate (per 100,000 people)28,513
Unemployment Rate10.9%

10. Regina

Regina is the second largest city in Saskatchewan and is a cheap place to live in. Its economy is one of the strongest in the country as more and more businesses open here.

The city is rich in arts and culture and has inexpensive public transport. The residents also get to enjoy many outdoor activities, like picnic sites, athletic fields, and public parks. 

CityRegina
Population226,404
Average Cost of Living (one person, without rent)$1,162
Average Cost of Buying a Home$361,600
Average Cost of Renting a One-bedroom Apartment$1,018
Crime Rate (per 100,000 people)5,257
Unemployment Rate9.9%

Related: Saskatchewan tax brackets and rates.

How to Choose the Cheapest Place to Live in Saskatchewan

There are plenty of cheap places to live in Saskatchewan, making it difficult to choose one. Fortunately, you can narrow down your options by identifying what your priorities are.

Besides lower cost of living and affordable housing options, you should also take a look at the city’s employment opportunities.

For instance, if you want to build your career in Saskatchewan from scratch, consider moving to Swift Current or Moose Jaw. These cities have the lowest unemployment rate, meaning it offers sufficient jobs to their residents.

Moreover, if you’re considering moving to one of the Saskatchewan cities to raise a family, consider the city’s crime rate. If this is your intent in moving, Regina might be an excellent option as it has the lowest crime rate among the cities mentioned here.

image showing saskatoon as one of the cheapest places to live in saskatchewan

Top 5 Cheapest Places To Live in Saskatchewan Compared

CityLivability ScoreAverage Cost of Buying a HomeAverage Cost of Renting a 1-Bedroom Apartment
Saskatoon72$393,600$1,210
Estevan71$276,800$954
Lloydminster70$283,200$815
Regina68$361,600$1,018
Prince Albert68$270,800$1,010

Ranking Methodology

Out of the ten Saskatchewan cities, we’ve ranked our top five using a livability store. The score comprises different factors, such as population, affordability, housing options, crime rates, and unemployment rates.

We also considered the availability of recreational facilities, access to public transportation, and the quality of education offered in these cities.

References

Choose Carefully

Start a new life in Saskatchewan by using this article as your guide when choosing a place to live. The more you know about these Saskatchewan cities, the easier it’ll be for you to identify one that meets your lifestyle, goals, and other preferences.

FAQs

What city in Canada has the lowest cost of living?

Trois-Rivières, Québec is one of the least expensive places to live in Canada. The average cost of living for a single person living in the city (excluding rent) is only $670.

Which province in Canada is the cheapest to live in?

Quebec is the cheapest province to live in Canada as it has the lowest cost of living and its electricity prices are lower than the national average.

Where is rent cheapest in Canada?

Montreal, Quebec, is considered a major center in Canada and offers the cheapest rate in the country. It’s also the city where rent has increased the least for years (only a 0.7% increase).

Where is the warmest and cheapest place to live in Canada?

Since it’s located in the southern region of the country, Hamilton is one of the warmest and cheapest places to live in Canada. Summers in this city are warm, with average temperatures between 16 and 27 degrees Celsius. The winter months here are also bearable, with average temperatures between -6 and -1 degrees.

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Author

Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch is passionate about helping others win with their finances and has been writing about money matters for over a decade. He has been featured or quoted in Forbes, The Globe and Mail, Winnipeg Free Press, Wealthsimple, CBC News, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, and many other personal finance publications. You can learn more about him on the About Page.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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