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10 Cheapest Places To Live in Saskatchewan in 2024

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With its vibrant cultural scene and recreation opportunities, there are plenty of reasons to move to Saskatchewan. But the question is — where among the Saskatchewan cities should you settle to save money?

This article covers the cheapest places you can live in Saskatchewan, including their average cost of living, house prices, and unemployment rate.

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
Population36,768
Average Cost of Living (one person, with rent)$1,402
Average Cost of Buying a Home$246,500
Average Cost of Renting a One-bedroom Apartment$825
Crime Rate (per 100,000 people)3,000
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
Population32,813
Average Cost of Living (one person, with rent)$1,460
Average Cost of Buying a Home$276,641
Average Cost of Renting a One-bedroom Apartment$820
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
Population10,883
Average Cost of Buying a Home$265,939
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
Population264,637
Average Cost of Living (one person, without rent)$1,377.20
Average Cost of Buying a Home$380,100
Average Cost of Renting a One-bedroom Apartment$1,125
Crime Rate (per 100,000 people)8,436.98
Unemployment Rate5.5%

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
Population10,629
Average Cost of Living (one person, with rent)$1,249
Average Cost of Buying a Home$242,000
Average Cost of Renting a One-bedroom Apartment$1,125
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$216,357
Average Cost of Renting a One-bedroom Apartment$1,015
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
Population16,304
Average Cost of Living (one person, with rent)$1,457
Average Cost of Buying a Home$320,957
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
Population15,969
Average Cost of Living (one person, without rent)$1,343
Average Cost of Buying a Home$259,887
Average Cost of Renting a One-bedroom Apartment$1,015
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
Population13,649
Average Cost of Buying a Home$207,900
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
Population224,996
Average Cost of Living (one person, without rent)$1,162
Average Cost of Buying a Home$316,100
Average Cost of Renting a One-bedroom Apartment$1,155
Crime Rate (per 100,000 people)7,989.69
Unemployment Rate5.1%

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, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

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