Cost of Living

Rental Rates

Sault Ste. Marie offers an affordable rental market that includes apartments, townhouses, basement suites, and detached houses.

According to the Canada Mortgage and Housing Corporation, the average price to rent a two-bedroom apartment in Sault Ste. Marie is currently $950.00. In comparison, the average price to rent in Sudbury is $1,050.00, Thunder Bay $1,037.00 and Ontario-side is $1200.00.

 

The current vacancy rate is at 5.8 per cent. Check out the latest available rentals:

Are you a student looking for a home away from home? Check out these off-campus resources for Sault College and Algoma University below:

Utilities

Electricity

The Sault Ste. Marie area generates about 830 megawatts of electricity, mostly from clean, renewable sources like solar and wind and hydroelectric generation. This is enough to power several hundred thousand homes.

According to the Ontario Energy Board, in 2016, Sault Ste. Marie’s average monthly residential electricity bill (750kWh) was $137.74. For information on the most up to date electricity rates, click here.

Natural Gas

Sault Ste. Marie is also serviced by Union Gas, a major Canadian natural gas storage, transmission and distribution company based in Ontario with 100 years of experience and service to customers. For rates related to natural gas, click here.

Water

The local Public Utilities Commission (PUC) operates a direct water filtration plant at 60 000 m3/day during peak demand. Provisions have been made to extend the plant up to 120 000 m3/day, and water for industrial purposes is also available from area lakes and rivers.

In 2015, the average annual combined water and sewage residential bill was $839.00 in Sault Ste. Marie. This is compared to $960.00 in Sudbury and $1049.00 in Thunder Bay. For information on current rates, click here.

Real Estate

Sault Ste. Marie offers a wide array of affordable housing options, including multi-family, single-family and seniors’ dwellings. Home ownership is achievable in Sault Ste. Marie. For more info, visit our Real Estate page.

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