Ottawa, Canada's cheapest city
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Ottawa, Canada's cheapest city
Where is the cheapest place to live in Canada?
A new study from the CIA, a UK-based insurance company, ranks the Canadian capital Ottawa as one of the cheapest cities in the world. Ottawa is the third most affordable city in the world based on price per square metre.
When selling a house, the average price is £4,227.14 (CAD 7,000) per sqm. That means selling a three-bedroom house of 1,200 to 1,300 square feet will cost you an average of $770,000 to $840,000. Compared to Vancouver's average price of about $1,207,733, that's a difference of about $360,000.
The first is Athens, Greece, and the second is Brussels, Belgium. The average price in Athens, the capital of Greece, is £2244.71 (CAD 3,700) per sqm. When you move to Athens, you can buy a three-bedroom house for around $400,000.
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