The cost of housing in Newfoundland & Labrador is less expensive than Canada average and earns a score of 8 out of 10. A cost of housing score of 1 indicates most expensive while a 10 represents cheapest.

Why is it so cheap to live in Newfoundland?

The value of homes is based on simple supply-and-demand market conditions. Put simply, the largely stagnant population growth in most of the region has caused many communities in the region to have too much housing supply and too little demand. In a buyers market, this leads to lower housing prices.

What are winters like in Newfoundland?

The island of Newfoundland has an average summer temperature of 16°C (61°F), while the winter hovers around 0°C (32°F). In Labrador, the winter climate is somewhat harsher, but temperatures can top 25°C (77°F) during the short but pleasant summers.

How much does it cost to rent an apartment in Newfoundland?

List of prices in St. Johns, NL Current as of Sep 2021.FoodUpdate pricesMonthly rent for 85 m2 (900 sqft) furnished accommodation in normal areaC$815Utilities 1 month (heating, electricity, gas ) for 2 people in 85m2 flatC$226Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive areaC$1,63357 more rows

What is the coldest month in Newfoundland?

Quick Climate InfoHottest MonthAugust (61 °F avg)Coldest MonthFebruary (24 °F avg)Wettest MonthDecember (4.74 avg)Windiest MonthJanuary (16 mph avg)1 more row

Can a Newfoundland live in an apartment?

Fortunately, Newfoundland dogs can thrive in small apartments. While it may be difficult for you and your giant dog to navigate around your home, as long as your Newfoundland dog has plenty of time for playing and roaming, they will be happy.

What is the hottest month in Newfoundland?

If youre looking for the very warmest time to visit Newfoundland, the hottest months are July, August, and then September. See average monthly temperatures below.