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Housing and jobs

Housing costs, rents, incomes and jobs in New Glasgow, with comparisons and sources.

Affordability

47 · Average
Average monthly rent$826/month

NS: $1,083/month · Canada: $1,209/month · 2006: $722/month · 2016: $823/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$842/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,070/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,291/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$174,000

NS: $250,000 · Canada: $472,000 · 2016: $164,939 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing22.9%

NS: 17.9% · Canada: 20.9% · 2006: 27.7% · 2016: 26.1% · Statistics Canada, 2021

Economy

40 · Average
Median household income$58,000

NS: $71,500 · Canada: $84,000 · 2006: $51,188 · 2016: $54,783 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.4%

NS: 5% · Canada: 5.2% · 2016: -5.1% · Statistics Canada, 2021

Unemployment rate11.9%

NS: 12.7% · Canada: 10.3% · 2006: 7.7% · 2016: 11.1% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.