How much does it cost to move out in Halifax?

The total upfront cost to move out in Halifax typically ranges from CA$4,250 to CA$6,800, depending on your apartment and setup needs. This includes first month's rent (CA$1,700), security deposit (CA$850), and move-in essentials.

What salary do I need to rent an apartment in Halifax?

Following the 30% rule, you'd need a monthly income of at least CA$5,667 (CA$68,000/year) to comfortably afford the average 1BR in Halifax. Many landlords require proof of income 2-3x the monthly rent.

Is Halifax expensive to live in?

Halifax has a cost of living index of 98 compared to the US average of 100. This means it's 2% less expensive than the national average. Housing is the biggest factor, with average rents of CA$1,700/month for a 1BR.

How much should I save before moving to Halifax?

We recommend saving at least CA$8,500 to CA$11,900 before moving to Halifax. This covers upfront costs (CA$4,250-CA$5,950) plus a 2-3 month emergency fund.

What are the hidden costs of moving to Halifax?

Beyond rent and deposit, budget for: utilities setup (CA$120/month), internet (~CA$70/month), renters insurance (~CA$20/month), moving costs (CA$200-CA$1,500), and household essentials (CA$500-CA$2,000).

Can I afford to live alone in Halifax?

To live alone in Halifax, you need a stable income of at least CA$68,000/year and savings of CA$8,500+. If your income is lower, consider getting a roommate - this can reduce your housing costs by 30-40% and make Halifax more affordable.

What is the average rent in Halifax in 2026?

As of 2026, the average rent in Halifax is CA$1,700/month for a 1-bedroom apartment and CA$2,100/month for a 2-bedroom. Prices vary by neighborhood - areas outside the city center tend to be 10-20% cheaper.

How much is a security deposit in Halifax?

Security deposits in Halifax typically equal 0.5 month of rent (CA$850 for an average 1BR).

Is Halifax a good place for first-time renters?

Halifax is excellent for first-time renters due to its affordable housing costs. The rental market offers good options for newcomers. Use our calculator to determine if Halifax fits your budget.

How long does it take to save to move out in Halifax?

If you can save CA$850/month, you'll need about 10 months to save enough for Halifax. With more aggressive saving (CA$1,360/month), you could be ready in 7 months. Our calculator shows your personalized timeline.

CanadaCost Index: 98

Halifax, NS Move Out Calculator: How Much Do You Need to Move Out?

Planning to move out in Halifax? Find out exactly how much money you need with our free move-out calculator. In Halifax, the average 1-bedroom apartment costs CA$1,700/month, you'll need approximately CA$5,100 in upfront costs, and a minimum salary of CA$68,000/year to live comfortably. Halifax is considered a affordable cost city - use the calculator below to get your personalized budget.