Is rent high in Halifax?

Is rent high in Halifax?

The average rent for a two-bedroom apartment in Halifax is $2,041. A one-bedroom apartment isn’t much better, with an average rent of $1,574. Overall, rents are over $160 a month more than in 2020.

How is the rental market in Halifax?

The big influx of people to Nova Scotia from other provinces is being identified as a major reason for a further tightening of the rental market in Halifax. The city’s one per cent vacancy rate is among the lowest in the country.

What is the cost of living in Halifax?

The average cost of living in Halifax is $2167.50 per month. The beautiful city of Halifax is the capital of the province of Nova Scotia. The city is now part of the Halifax Regional Municipality (HRM) as is recognized as a major economical center in Atlantic Canada.

Why is Halifax rent so expensive?

Halifax still ‘cheap’ Massive interprovincial migration is a big reason for the hot housing and rental market. Janes said statistics show in 2021, people were selling high in other provinces – particularly in Alberta and Ontario – and moving to Halifax and paying cash for cheaper houses here.

What is minimum wage in Halifax?

$13.35 an hour
In Nova Scotia, the minimum wage went up by 40 cents to $13.35 an hour. The province has previously announced it intends to raise the wage to $13.60 in October and then to $15 an hour by April 2024.

Is Halifax cheaper than Toronto?

Cost of living in Halifax (Canada) is 12% cheaper than in Toronto (Canada)

What are the nicest areas of Halifax?

10 Most Liveable Neighbourhoods in Halifax

  • Penhorn.
  • Windmill Road.
  • Brightwood.
  • Westwood & the Pubs.
  • Graham’s Corner.
  • Woodlawn.
  • Southdale.
  • North Woodside.

How many hours is full time in Nova Scotia?

Typically, employers consider 30 to 40 hours per week full-time. However, the exact number of work hours varies depending on your employer. The Canada Labour Code contains a guideline of standard hours, which describes a period of eight hours a day to a total of 40 hours per week.

What is a livable wage in Nova Scotia?

According to the Canadian Centre for Policy Alternatives, Nova Scotia’s living wage — which is what a person would need to earn to support their family and pay for all basic necessities — ranges between $18.45 in Cape Breton and $22.05 in Halifax.

What is the best neighbourhood to live in Halifax?

A survey of RE/MAX Brokers revealed that the best places to live in Halifax are Downtown Dartmouth, North End Halifax and Clayton Park, ranking as the top three neighbourhoods in Halifax for access to green spaces and parks, walkability, retail and restaurants and the ease of getting around/public transit.