Ottawa best city to live: MoneySense

Ottawa has been named the best Canadian city to live in for the third year in a row, according to MoneySense magazine.

Ottawa beat out many of Canada’s largest cities for the top spot. Montreal, Toronto and Vancouver did not make the top 10 cities to live in.

Low average home prices, high household incomes and numerous cultural offerings are what MoneySense magazine said made the city its number one choice.

Almost 200 Canadian cities were evaluated on a basis of 22 different categories such as unemployment rate, average house price and sales tax rate. Ottawa did not receive the top score in any of these categories, but its above-average rankings in many of the key economic categories helped bring it to the top.

Ottawa came out on top with a score of 74 points out of a possible 105.

MoneySense’s top 10 cities to live:

1.    Ottawa, Ont.

2.    Burlington, Ont.

3.    Kingston, Ont.

4.    Halifax, N.S.

5.    Regina, SK.

6.    Brandon, Man.

7.    Fredericton, N.B.

8.    Edmonton, Alta.

9.    Red Deer, Alta.

10.  Winnipeg, Man.