The top three most affordable cities in BC are all in the north.
In a recent survey from Zolo, Prince George ranked first while Fort St. John and Terrace were second and third.
Things like average home price, household income, home price-to-income ratio, and unemployment figures were used as a measuring stick to determine the overall rankings.
We’re number one – we’re number one! 🏆 ⭐️ #CityofPG was just ranked the most affordable city in BC. That’s pretty neat! Fort St. John and Terrace took second and third place.
Read the full story: https://t.co/zcXwBvS3xr pic.twitter.com/TveN7KIQKQ
— City of Prince George (@CityofPG) February 6, 2023
In the report, PG has an average home price of $361,000 while the average household income is just over $107,000. The northern capital has an unemployment rate of 6.8% – the exact same mark as Fort St. John, Terrace, Prince Rupert, Dawson Creek, Quesnel, and Williams Lake.
In the Cariboo, Quesnel and Williams Lake placed 12th and 13th, ranking ahead of Courtenay, Campbell River, and Port Alberni.
For a link to the full report, click here.
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