Top 5 Cheapest places to live in Nova Scotia with the Best quality of life – 2023

• Population: 9,548
• Average monthly rent (1-bed): $900
• Average property buying cost: $309,392

Amherst, the largest town in Cumberland County, Nova Scotia, is a growing community with 9,548 residents. Positioned as Nova Scotia’s historic border town, it serves as the first stop for visitors from New Brunswick and is conveniently located near the Bay of Fundy and Northumberland Shore. Offering affordable living, Amherst is an ideal option for families and individuals seeking budget-friendly housing, making it one of the cheapest places to live in Nova Scotia.

Locals can enjoy a variety of family-friendly amenities, including the Amherst Point Bird Sanctuary, Nova Scotia Welcome Centre, Mrs. Pugsley’s Emporium, Deanne Fitzpatrick Studio, and Maritime Mosaic. For active families, Amherst’s community is dedicated to becoming the healthiest and most active in Nova Scotia, providing both cost savings and a focus on community health events.

Statistics Canada (2021), Royal LePage® (Oct 2024) & Kijiji (Oct 2024)

• Population: 19,316
• Average monthly rent (1-bed): $936.25
• Average property buying cost: $249,900

New Glasgow is known as a picturesque riverside town with 19,316 residents in northern Nova Scotia. It stands as the commercial-service center for the region, embodying the metropolitan hub of the Northumberland Shore with a rich Scottish heritage. Positioned along the East River, it features a scenic riverfront, including the illuminated New Glasgow Marina and the 2.5-mile Samson Trail, perfect for outdoor activities that locals can enjoy.

Serving as the gateway to Pictou County and Nova Scotia’s north coast, New Glasgow is conveniently accessible by car or bus from Halifax. Known for its affordability, New Glasgow is one of the cheapest places to live in Nova Scotia, making it an attractive and cost-effective choice for families and individuals seeking a beautiful, budget-friendly place to live, surrounded by natural beauty and family-friendly amenities.

Statistics Canada (2021), Redfin (Oct 2024) & Kijiji (Oct 2024)

• Population: 2,407
• Average monthly rent (1-bed): $1,050
• Average property buying cost: $224,557

Known for its rich manufacturing history, Trenton is one of the cheapest places to live in Nova Scotia, making it an ideal haven for budget-conscious families. Located just 1.5 hours from Halifax, Trenton seamlessly combines natural beauty, recreational opportunities, and affordability, making it a desirable place to call home.

With a population of 2,407 residents, Trenton boasts the expansive 565-acre Trenton Steeltown Park, which features two ball fields, a skateboard park, a tennis court, and the Trenton Minor Sports Community Centre. The park also includes 6.5 kilometers of walking and hiking trails, along with fishing ponds surrounded by century-old coniferous trees, providing plenty of outdoor enjoyment for locals. In the summer, families can take advantage of the family-friendly amenities at Trenton Park, including a playground and a 3,000-square-foot family swimming pool. As one of the cheapest places to live in Nova Scotia, Trenton offers an excellent quality of life without breaking the bank.

Statistics Canada (2021), Royal LePage® (Oct 2024) & RentCafe (Oct 2024)

• Population: 8,790
• Average monthly rent (1-bed): $1,250
• Average property buying cost: $377,450

Bridgewater, a town in Lunenburg County with 8,790 residents, offers an affordable living option, making it an attractive choice for families seeking affordability without compromising quality of life. Known for being one of the cheapest places to live in Nova Scotia, it provides residents with a budget-friendly lifestyle in a welcoming community.

Nestled along the LaHave River, outdoor enthusiasts can engage in activities like kayaking, fishing, and sailing. The town’s wooded parks, spanning approximately 100 acres, offer ample space for strolling, sports, and relaxation. The Centennial Trail features a 5-mile route for hiking and cycling during the summer and cross-country skiing in the winter. Locals mention online that Bridgewater is more affordable than Halifax, reinforcing its reputation as a great place to call home.

Statistics Canada (2021), Redfin (Oct 2024) & Kijiji (Oct 2024)

• Population: 7,848
• Average monthly rent (1-bed): $1,350
• Average property buying cost: $349,000

Yarmouth, the regional center of Southwestern Nova Scotia, boasts a population of 7,848 residents, which doubles on weekdays due to its bustling local activity. With over 260 years of rich history, 15 parks, and scenic trails, the town is renowned for its stargazing opportunities. Positioned in southwestern Nova Scotia, Yarmouth offers an affordable maritime living experience, making it ideal for families—both current residents and potential newcomers—seeking a cost-effective lifestyle without compromising the charm of coastal living.

Yarmouth features a variety of affordable housing options, making it one of the cheapest places to live in Nova Scotia. This vibrant community is an attractive choice for families and those looking for budget-friendly living, all while enjoying the unique coastal lifestyle.

Statistics Canada (2021), Redfin (Oct 2024) & Kijiji (Oct 2024)