Which Canadian cities are the best value for buying or renting a home?

Back to learn

Which Canadian cities are the best value for buying or renting a home?

Rounding it up

  • Buying a home can be a great financial milestone and even an investment for many but it’s not true for everyone.

  • When considering if buying a home is the best decision for you, it’s important to consider if you are financially ready to make a home purchase and all the pros and cons of buying versus renting.

  • Depending on where you live in Canada, it may be best to continue renting.

  • Cities with a lower cost of living tend to be the better places to buy a home, whereas areas where the cost of living is high, are generally suited to renting.

10 min read

Yekaterina Galanova
#buying a home#home buyer# best place to rent

Yekaterina Galanova

Yekaterina Galanova enjoys writing about personal finance, as well as aesthetic topics, though she is open to discovering new niches. She enjoys reading, traveling and beautiful landscapes.

Recent Articles

What effects do low interest rates have on the economy?

Should your spending change when interest rates rise?

Which assets do well with rising interest rates?

How do interest rates impact the stock market?

Why Instant Pay is becoming more popular during inflation

What are the pros and cons of inflation for consumers?

Related articles

The housing market in Toronto vs Vancouver: What you need to know

7 mins

Dan Bucherer

Stunning natural beauty or big city living, Vancouver or Toronto; what’s best for you? Let’s take a look.


The housing market in Toronto vs Vancouver: What you need to know

7 mins

Dan Bucherer

Stunning natural beauty or big city living, Vancouver or Toronto; what’s best for you? Let’s take a look.


#real estate

#housing market

#buying a home

#home buyer

logo.koho

Company

AboutCareersCultureGamerLearnPartnersTravelStatus

Connect

The KOHO Mastercard® Prepaid card is issued by KOHO Financial Inc. pursuant to license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

By using this website, you accept our Terms and Conditions. Follow these links for more information on our Privacy Policy, Accessibility Policy and Multi-Year Accessibility Plan. © 2022 KOHO Financial Inc.