Yes, Thunder Bay is a cheap place to live.
When I first arrived in Thunder Bay as a student, I was pleasantly surprised by the affordable cost of living in this charming city nestled on the shores of Lake Superior.
After staying in Thunder Bay, I realized that compared to other Canadian cities, Thunder Bay offers a reasonable cost of housing, which was a relief for a budget-conscious student like myself.
The average rent prices for a one-bedroom apartment in Thunder Bay were significantly lower than in larger cities, making it easier to find affordable housing. I paid 350 CAD for a single room!
Not only that, the average cost of living in Thunder Bay was also below the national average, allowing me to comfortably manage my monthly expenses.
But it wasn’t just the affordable housing that appealed to me.
Thunder Bay’s natural beauty and sense of community were also major draws. With Lake Superior, Lake Ontario, and Lake Huron nearby, outdoor enthusiasts like myself are spoiled for choice when it comes to recreational activities
Monthly Cost to Live in Thunder Bay
Thunder Bay offers a reasonable cost of living that appeals to many individuals looking for an affordable place to call home.
When it comes to housing costs, Thunder Bay offers a wide range of options. The average monthly rent for a single person looking for a single room ranges from $350 to $500 CAD.
If you’re open to sharing a room, the cost can be as low as $200 to $300 CAD. These rental prices are significantly lower compared to major cities in Canada.
Transportation in Thunder Bay is mainly limited to buses. While the frequency of the buses might be lower compared to larger cities, the affordability makes up for it. However, it is worth considering the option of owning a car in Thunder Bay. The insurance rates in Thunder Bay are relatively lower compared to cities like Toronto, making car ownership a cost-effective and convenient choice.
Related: Which place is better in Canada, Toronto or Thunder Bay? – Tbay Houses
One of the advantages of living in Thunder Bay is access to affordable healthcare. With a valid health card, healthcare services are provided free of charge. Students, however, are recommended to have additional medical insurance to ensure comprehensive coverage.
Plenty of Job Opportunities in Thunder Bay
Whether you are a student, a young professional, or a seasoned worker, Thunder Bay offers a wide range of employment options.
For students coming in from other countries, Thunder Bay provides ample opportunities for part-time or seasonal work. The local colleges, such as Confederation College, have support committees like SUCCI (Student Union of Confederation College Inc.) that help students find job placements. Their assistance ensures students can easily find employment to support their studies and living expenses.
In terms of healthcare, Thunder Bay is known for its abundance of job opportunities, particularly in Personal Support Worker (PSW) and Developmental Services Worker (DSW) positions. These roles are in high demand and often provide stable employment options.
During spring and summer, the job market in Thunder Bay flourishes due to its natural beauty and recreational facilities. Industries such as tourism, fishing, and landscaping offer numerous positions catering to locals and visitors alike. These seasonal opportunities allow individuals to make the most of Thunder Bay’s picturesque surroundings while earning a living.
However, it is worth noting that job availability can be slightly reduced during the winter months. The city experiences colder weather and heavy snowfall, limiting certain industries like construction and outdoor tourism. Despite this temporary setback, Thunder Bay still provides ample employment options in diverse fields throughout the year.
Good quality of life at an affordable cost
Living in Thunder Bay provides a great quality of life at an affordable cost. Let me share an anecdote from my college days that highlights just how easy it is to survive in this wonderful city.
Back in the day, when I was a student navigating my way through college, budgeting was always a top priority. I remember working a part-time job for around 20 hours a week, and with that income alone, I was able to enjoy my weekends at pubs and treat myself to delicious lunches at the college canteen.
Fast forward to 2023, and Thunder Bay remains a haven for those seeking an affordable place to live. In comparison to the soaring prices in Toronto, Thunder Bay offers a reasonable cost of living.
Housing costs, whether you’re looking to rent or buy, are significantly more affordable than in larger cities. The average home price in Thunder Bay is significantly below the national average, making it a great place to settle down and call home.
But it’s not just the cost of living that makes Thunder Bay a desirable place to be. The city is nestled on the shores of Lake Superior, offering stunning natural beauty and a wide range of outdoor activities.
From exploring the various green spaces to enjoying the recreational facilities, Thunder Bay provides ample opportunities to enjoy the great outdoors.
Furthermore, Thunder Bay boasts a strong sense of community, with plenty of job opportunities and excellent educational institutions, including secondary schools and Lakehead University. The city provides a reasonable cost of living without sacrificing the amenities and services found in larger urban centers.
If you’re looking for a city that provides an affordable cost of living, reasonable housing cost, a thriving job market, and a strong sense of community, Thunder Bay is the perfect destination.
So why not consider making Thunder Bay your home and enjoy all that this affordable and vibrant city has to offer?