Best Ontario Cities to Invest and Grow In

With housing affordability, a top concern for many Canadians across Ontario, the notion of being able to find a place to call home and still grow personal and household wealth can be daunting.

Even with skyrocketing inflation, staggering grocery bills, and unaffordable housing costs, there are still many smaller Ontario cities according to a recent study that homeowners can actually still grow wealth and save money at the same time. 

The following infographic shows the main factors determining a higher standard of living for a city: 

Higher Average Income after taxes and  Lower Average Cost of Living

Source: Statistics Canada

The Top Ontario Cities to Create Wealth and Save Money:

1. Oakville

2. Burlington

3. Barrie

4. Waterloo

5. Guelph

6. Greater Sudbury

7. Kingston

8. Thunder Bay

9. St. Catharines