Being informed about the cost of living is important when planning to move to a new city. It becomes even more important if you stay in a developed country where the cost of living might be higher. Canada is one coveted country where people want to move and settle. However, the cost of living in Canada differs from city to city. Therefore, before deciding on a city to relocate to, you must consider the costs associated with your stay.

While several Canadian cities are fit for residing, Niagara is considered one of the best out of all of these cities. The city is quite popular among Canadian residents, owing to its scenic views. Before you move here, you must ascertain the cost of living in Niagara. 

This guide will give you all the essential details before planning your move to Niagara. 

Housing Cost in Niagara 

Housing Cost in Niagara 

If you are moving to Niagara, you might have to go for a rental property. The monthly rent of a one-bedroom apartment will be around $962. However, more than a one-bedroom apartment will be required if you move to the city with your family. A spacious 3-BHK apartment will cost you about $1,753. Additionally, if you want to reduce your cost of living in Niagara, you can go with a more affordable apartment that might be available at $1,653. 

If you plan to buy a house, you will find a good property for about $713,900. However, you can also find a few affordable options.

Average Cost of Utilities 

There are quite a few scenic places to live in Niagara, and the average cost of utilities might differ for each region. On average, you will have to spend around $146 on utility bills if you stay alone. The amount increases to $224 if you move to the city with your family. The cost of utilities might further increase by $70.1 if you decide to go with an internet plan. 

Cost of Public Transport in Niagara

Cost of Public Transport in Niagara

Commuting is an important part of your stay in Niagara. Hence, to arrive at the cost of living in Niagara, you must consider the cost of traveling locally. A local transport ticket will cost you around $2.33. However, you can spend about $62.7 on a monthly pass and save a few Canadian dollars. If you are not comfortable with public transport, you can also take a taxi to commute. Getting a taxi will cost you around $18.4 for every 8 kilometres. Alternatively, you could spend $1.54 on every litre of petrol if you prefer your vehicle. 

Clothing Cost in Niagara

The cost of clothing will depend upon the number of garments you require in a month and the places you prefer to buy your clothes from. For instance, if you purchase clothes from a local thrift store, the cost will be less than if you buy jeans from Levi’s or a similar brand. A pair of Levi’s jeans will cost you around $34.33. If you plan on buying a regular dress from brands like H&M, Zara, etc., it will cost you approximately $79.33. However, if you prefer buying clothes from a local store, it will cost you around $30. 

Grocery and Personal Care Cost 

The cost of groceries and personal care will depend upon the number of people staying with you. A single person would spend an average of $321 on groceries every month. The personal care cost involves the cost of hygiene and sanitisation products. It includes shampoo, toothpaste, etc., and should cost about $112 monthly.

Entertainment Cost 

Entertainment Cost 

Entertainment is a major expense window, and the cost will depend on how extravagantly you spend on it. A cinema ticket costs around $9.43 in the area. People spend around $147 a month on different entertainment and leisure activities.

Provincial Taxes Cost 

Niagara is situated in the province of Ontario. Hence, the cost of provincial taxes will be the same for all the provinces’ cities. You need to pay an HST of 13% if you are a part of the city. 

The assessed value of your home is used to determine the Niagara Falls property tax. The Municipal Assessment Corporation (MPAC) assesses each property in Ontario and submits an estimated value every four years. Your property’s assessed value and market value may be very different. The total amount of your annual property taxes are determined by multiplying the MPAC property assessed value by the year’s Niagara Falls final property tax rate. 

For instance, if the assessed value of your property is $500,000, the property tax would be around $6,730, i.e., 1.35% of the value.

The Average Cost of Living in the Canadian City of Niagara 

An individual’s average monthly cost of living in Niagara Falls is $2,867. The price of housing, transportation, groceries, and entertainment are just a few of the many variables that go into calculating this average. If you live modestly by cutting unnecessary expenses, you will be able to live in the city at $1,756. However, living costs increase substantially if you move here with your family. In this case, you will have to go with a 3-BHK instead of a 1-BHK, which will significantly increase your expenses and other costs.

Why Should You Choose to Live in Niagara? 

There are different reasons why you should choose to live in Niagara. Let’s look at some of the best reasons to help you decide to move to Niagara. 

    • Real estate is much more affordable as compared to other cities in Canada. Also, it is one of the cheapest and best cities in Ontario.
    • The city promises a great experience as you witness the rustic charm and the bling of city life.
    • The city is a great choice for people who love wine. Some of their wineries are recognised throughout the world.
    • The city is charming and beautiful, and you get to enjoy different views and soak yourself in the place’s scenic beauty.
    • If you like meeting new people, Niagara is the place to be. Tourists from all over the country visit the city as it adds to the beauty of Canada. 


While the cost of living in Niagara is a little high, the average monthly salary is also higher. While the city is a part of the top 22% of the world’s most expensive cities, the cost of amenities and houses is quite justified. Moving to Niagara will be a great decision as it is considered one of the best cities in the world. 

However, before moving to the city, you must manage your finances well. Decide if you want to rent a house or buy one to keep a tab on the available money. Consider the cost of healthcare access when moving into the city. Once you weigh all the options, you can decide whether to settle in Niagara. 

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Frequently Asked Question (FAQs)

What salary do I require to live comfortably in Niagara?

If you earn more than $2,500 a month, you can comfortably live in Niagara. However, the salary requirements might increase if you live with your family.

What is the average monthly living cost in Niagara, Canada?

The average cost of living in Niagara is about $1,756 every month. The number might change depending on your desired quality of life and how much you are willing to spend on different elements like utilities, food, etc.

Is moving to Niagara worth it?

Niagara is one of the best Canadian cities. There are different places to live in Niagara, all of which come with charm. The city is famous for its culture and gives you and your family a safe environment. Also, the city has a robust business network and some of the best schools and hospitals, making it ideal for raising a family and catering to personal goals simultaneously.

What is the average house price in Niagara?

The average price of buying a house in Niagara is around $701,922. As the cost of living in Canadian cities has increased, the Niagara cost of living has also shown a substantial increase. Hence, the prices of properties have risen slightly in recent years.

What is the average transportation price in Niagara?

A one-way ticket to a local transport will cost anywhere between $2 and 3. However, you can also opt for a monthly pass to save a few dollars. However, if you are interested in private travel, a taxi will charge $2.75 for every kilometre you travel.

Is Niagara a safe place to live?

Niagara is a safe city in Canada and is also ideal if you plan to move into the city with your family. The city is safe even during the night and is considered one of the best cities to live in the entire country.;