Top 5 Cheapest places to live in British Columbia with the Best quality of life – 2024

British Columbia is a province famous for its breathtaking scenery, nature, and proximity to lakes and the ocean, offering outdoor and water activities that appeal to families and adventure enthusiasts. Although the cost of living can be a challenge, especially in bustling urban centers like Vancouver, where real estate prices soar, the province’s charm extends beyond its metropolitan appeal to other cities. In these areas, it is easier to find affordable places to live in British Columbia that also offer a high quality of life.

Read on to discover the top 5 Cheapest places to live in British Columbia with the Best quality of life.

cheapest bc places to live map infographic

Methodology

We based our ranking of the 5 cheapest places to live in British Columbia on the average cost of buying a property, the average cost of rent for a 1-bed apartment in December 2023, and the quality of life. We collected the data from The Redfin and Zumper. To help you compare, as of October 2023, the average cost of buying a property in British Columbia is $967,221 and the average rent for a 1-bedroom apartment is $2,700

The “Best quality of life” aspect is measured based on feedback from real people who have moved to this area in our database or real people from trusted online forums. More specifically, we look for positive feedback on job opportunities, quality of education, quality of healthcare, feeling of safety, public transportation, environment (cleanliness), as well as availability of recreational facilities and parks.

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1. Cranbrook

Apartment in Cranbrook
  • Average 1-bed apt rent: $1,888
  • Average property buying cost: $424,000

Cranbrook is a city located in the southeastern corner of BC, in the Kootenay region. Surrounded by spectacular mountains and landscapes, it offers recreational opportunities nearby, such as parks like Cranbrook Community Forest, hiking trails, trails ideal for mountain biking and lakes. The city boasts a mix of modern amenities and a welcoming small-town atmosphere. It is an ideal choice if you prefer a peaceful vibe, as it is not as noisy as a busy city.

The household composition is primarily single-person and single-family, with housing types mainly consisting of single-detached houses and some apartment buildings. The average rent for a 1-bedroom apartment is $1,888, and the average property price is $424,000 as of December 2023.

Local Logic (Nov 2023), Zumper (Dec 2023) & Redfin (Dec 2023)

Cranbrook, BC

2. Vernon

Apartment in Vernon
  • Average 1-bed apt rent: $2,023
  • Average property buying cost: $657,000

Located in the Okanagan Valley, Vernon is surrounded by rolling hills and green spaces that provide stunning views of Kalamalka and Okanagan Lakes, with beautiful beaches. The parks feature lakefront campgrounds, hiking trails, and are dog-friendly. Walking is safe and pleasant due to its walking trails and easy hikes.

The household composition primarily consists of single individuals, ranging from their 50s to 80s. The housing types are apartments, and condominiums, with only a few single-detached houses. As of December 2023, the average property price is $657,000 and 1-bed apartments are renting for around $2,023.

Vernon (Dec 2023), Local Logic (Nov 2023), Zumper (Dec 2023) & Redfin (Dec 2023)

Vernon, BC

3. Prince Rupert

Apartment in Prince Rupert
  • Average 1-bed apt rent: $1,050
  • Average property buying cost: $375,000

Prince Rupert, a port city on the north coast of BC, with picturesque scenery, forests, and beautiful Pacific Ocean views. The city offers walkable trails like Rushbrook and Moresby, along with excellent seafood restaurants that reflect its rich maritime heritage. Most areas in Prince Rupert are known for their tranquility.

Households are equally divided between single-family and single-person arrangements, with the primary housing types consisting of single-family homes, duplexes, and some apartments. As of December 2023, the average property price is $375,000 and 1-bed apartments are renting for around $1,050.

Prince Rupert (Dec 2023), Local Logic (Nov 2023), Zumper (Dec 2023) & Redfin (Dec 2023)

Prince Rupert, BC

4. Prince George

Apartment in Prince George
  • Average 1-bed apt rent: $1,250
  • Average property buying cost: $379,000

Prince George, BC, the “Northern Capital”, features 106 km of trails and 1,500 hectares of green spaces along the Fraser and Nechako Rivers, enhancing residents’ quality of life. Parks have something for everyone: families, sports lovers, and dog lovers. Despite its remote location, it is well-connected by road and air, with the nearby Prince George International Airport and a quick 1 hr 20 min flight to Vancouver, BC.

The majority of households consist of single individuals, along with some single families, residing in a mix of single-detached houses, apartments, and condominiums. As of December 2023, the average property price in Prince George is approximately $379,000, with 1-bedroom apartments renting for around $1,250.

Prince George (Dec 2023), Local Logic (Nov 2023), Zumper (Dec 2023) & Redfin (Dec 2023)

Prince George, BC

5. Dawson Creek

Apartment in Dawson Creek
  • Average 1-bed apt rent: $935
  • Average property buying cost: $237,900

Dawson Creek, a city in northeastern BC, takes its name from the creek that runs through it. Renowned for its natural surroundings and forests, such as Chamberlain Heritage Nature Park, the city is a haven for nature lovers. Despite some noisier areas, especially near the airport (YDQ), the overall atmosphere remains peaceful.

The city’s demographic primarily consists of single individuals and families in their 20s to 30s. Residents can indulge in various recreational activities, such as hiking, biking, fishing, and wildlife exploration. The predominant housing type is single detached houses. As of December 2023, the average property price is $237,900, and the cost of renting a 1-bed apartment is around $935.

City of Dawson Creek (Dec 2023), Local Logic (Nov 2023), Zumper (Dec 2023) & Realtor (Dec 2023)

Dawson Creek, BC

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Conclusion

While British Columbia is renowned for its picturesque scenery, spectacular mountains, and employment opportunities, the cost of living in certain areas can be high. The good news is that there are some affordable and safest places to live in certain cities in British Columbia, where you can enjoy a high quality of life without breaking the bank. We hope that the list of the Top 5 cheapest places to live in BC serves as a guide. Whether you love mountain biking, world-class fishing, or the charm of smaller communities, there are options that fit your preferences and budget.

Are you moving to BC soon? Check out some of the best movers in Vancouver and the surrounding areas.

Previous year’s ranking (2023)

  1. Williams Lake
  2. Prince George
  3. Castlegar
  4. Cranbrook
  5. Prince Rupert
  6. Vernon
  7. Valemount
  8. Hope
  9. Nelson
  10. Penticton

Our rankings are meticulously curated, considering affordability and quality of life. It’s important to highlight that certain places were excluded from last year’s lists due to insufficient rental data. Moreover, entries with higher average housing prices in the previous year were excluded from the current rankings. We encourage readers to weigh these rankings in light of their individual needs and preferences for a more informed decision-making process.

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Ann Nacario

The author

Meet Ann – our head writer with a knack for making moving and city living a breeze. From the many details of moving to picking the perfect moving company, she’s your guide. Ann has a friendly yet detailed approach to ensure your move goes off without a hitch. When she’s not writing about relocation, it will always be on her mind, but you’ll catch her spending time with her three furry friends.

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