" places to try and settle down in the world, some residents have set their sights elsewhere, moving to somewhere else
If, like many others, you've given up on home ownership in the overpriced GTA but would consider relocating within Ontario, there is another region just a few hours' drive away that is home to multiple far more affordable municipalities. Towns around the Ottawa area are some of the province's most reasonable for real estate right now, with the nation's capital itself also making a new top 10 list of most cost-effective cities to purchase a home in given average prices, income levels, and other factors., looked at the aforementioned figures from nearly 100 small-to-large cities in the province, also taking into consideration the overall success of each locale's economy, its population growth, and unemployment rate.
Topping the index is Nepean, a former township of its own that is now considered part of Ottawa, where the average home price is just $572,388 as of March 2024, and the typical household income is $137,000 , Tilsonburg , and Arnprior , two of which are in close proximity to Ottawa.— ranging from 3.8 to 5.1 per cent. A total of five of the most affordable cities in the province, per this data, are in the Ottawa area.