Cost of Living in Moncton vs Ontario (Real Numbers)

by Craig Powell

How does the cost of living in Moncton compare to Ontario? Housing, taxes, utilities, and everyday expenses explained for newcomers.

INTRO

For many people considering a move from Ontario to New Brunswick, cost of living is the deciding factor. Moncton is often described as “more affordable,” but what does that actually mean in real, day-to-day terms?

This article compares the cost of living in Moncton to Ontario cities, focusing on housing, taxes, utilities, transportation, and lifestyle expenses—so you can decide if the move makes financial sense for you.

HOUSING COSTS: MONCTON VS ONTARIO

Housing is where most newcomers notice the biggest difference.

In general, Moncton home prices are significantly lower than those in most Ontario cities, including the Greater Toronto Area and many mid-sized Ontario markets. This often allows buyers to purchase a detached home or larger property that would be out of reach elsewhere.

Renters also tend to find lower monthly costs, although demand has increased in recent years.

👉 For a full overview of housing options and neighborhoods, see MOVING TO MONCTON RELOCATION GUIDE

PROPERTY TAXES AND INSURANCE

Property taxes in Moncton are generally lower than in many Ontario municipalities. Insurance—both home and auto—also tends to be more affordable for many newcomers.

Rates vary depending on neighborhood, property type, and individual circumstances, but overall monthly carrying costs are often easier to manage after relocating.

UTILITIES AND HEATING COSTS

Utilities in Moncton are close to national averages, but heating costs deserve special attention.

Because winters are colder than in much of Ontario, heating can be a larger line item in the budget. Common heating options include electric heat, heat pumps, oil, or a combination.

Many homeowners offset heating costs with:

Energy-efficient upgrades
Heat pumps
Shorter commute times and lower transportation expenses

TRANSPORTATION AND COMMUTING

Transportation is another area where many newcomers save money.

Moncton has shorter commute times and lighter traffic compared to most Ontario cities. This often means:

Lower fuel costs
Less wear and tear on vehicles
Reduced stress

While public transit exists, most households rely on a vehicle.

GROCERIES AND DAY-TO-DAY EXPENSES

Groceries, dining out, and everyday services in Moncton are generally close to national averages. Some items may cost slightly more or less depending on availability, but most newcomers find day-to-day expenses manageable.

Many people also appreciate having more room in their budget for:

Dining out
Weekend trips
Outdoor activities

WHAT SURPRISES ONTARIO BUYERS MOST

People relocating from Ontario often mention:

How much further their housing budget goes
Lower monthly overhead
A slower pace of life
Less time spent commuting

The biggest adjustment is often winter weather rather than finances.

IS MOVING TO MONCTON WORTH IT FINANCIALLY?

For many people, yes. Moncton offers an opportunity to reduce housing costs, manage monthly expenses more comfortably, and still maintain access to healthcare, education, and services.

Those expecting large-city entertainment or extensive public transit may need to adjust expectations, but from a financial perspective, many newcomers find the move worthwhile.

FINAL THOUGHTS

Comparing cost of living goes beyond just home prices. When factoring in property taxes, insurance, transportation, and lifestyle expenses, Moncton often provides a more balanced and manageable cost structure than many Ontario markets.

Understanding these differences ahead of time helps newcomers make informed decisions and avoid surprises after relocating.

CALL TO ACTION

If you’re comparing Moncton to Ontario and want a clearer picture of costs, neighborhoods, and housing options, start with our relocation resources or browse available homes.

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