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Several factors are at play including remote work andrising housing costs.
For the list, Forbes looked at the percentage of income required to service a monthlymortgagepayment.
In Thunder Bay, the average monthly mortgage payment is about $1,600.
Its also on the shore of the Bay of Fundy, which has the worlds highest tides.
Lets talk about affordability.
Forbes ranks Saint John as the second most affordable in Canada.
The average monthly payment is about $1,400.
Red Deer, Alberta
Calling all entrepreneurs Red Deer may be a great place to check out.
Its known for being one of the most entrepreneurial cities in all of Canada.
Youll also find good access to major transportation andlow tax rates.
In addition to all of those benefits, Red Deer is popular for its affordability.
According toTourisme Trois-Rivieres, Its energy and originality combine to charm visitors.
Youll experience this for yourself with a walk through the citys historic district.
And maybe the best part you’re able to get this all for a relative bargain.
Trois-Rivieres is one of the most affordable cities in Canada.
In fact, it beats out 22 of them.
However, its property tax rates are among the highest.
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