Best places in Canada to retire
Most of our Retiring Abroad blog posts tend to be about jetting off to some dream location outside Canada. There are so many places around the world that would make for an amazing retirement destination, to reward yourself after transitioning from your daily nine-to-five. However, Canada also is an exceptionally beautiful country, and has so much to offer in retirement. A year ago, we did a blog post detailing what one website had deemed to be the top nine cities in which to retire in Canada.
Of course, there are many more great options for a country as large and diverse as Canada. And there are different criteria for evaluating retirement locations. So we were happy to come across a similar article from a different website listing what it believes to be the top 20 cities in Canada - including two in Alberta in this case. We got some ‘raised eyebrows’ on our last blog post about Estevan, Saskatchewan being on the list; interestingly however, once again Estevan shows up on this list as well.
One major factor to consider is housing prices. In Canada, the value of real estate varies dramatically from one area to another, which might make some of the listed locations, such as Toronto and Canmore more challenging places to make your retirement. For example, the average price of a detached home in Toronto or Canmore is around $900,000. Whereas, the average price of a detached home in Comox, B.C. is around $400,000 and under $350,000 for Kingston, Ontario.