burlington vs oakville

Is Burlington Cheaper to Live in Than Oakville?

Wednesday Oct 23rd, 2024

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Both Burlington and Oakville offer unique lifestyle opportunities, each with its own perks.

If you're considering a move, you might wonder: Is Burlington cheaper to live in than Oakville?

As real estate agents in Oakville and Burlington, we've seen clients find deep affection for both locales.

This blog will explore the cost of living in both cities to help you make an informed choice based on your budget and lifestyle preferences.

COST OF LIVING: BURLINGTON VS. OAKVILLE

When comparing the cost of living between Burlington and Oakville, consider factors such as housing, utilities, transportation, and daily expenses.

Housing Costs

Burlington offers a vibrant, community-focused atmosphere. Its housing options are often more budget-friendly compared to its neighbor, Oakville.

The median price for detached homes hovers around $1.3 million, while condos average $600,000. Rent ranges from $1,200 to $2,300 monthly across different unit types. Overall, Burlington provides a somewhat more accessible entry point into the housing market.

Oakville, known for its picturesque views and upscale neighborhoods, often sees higher housing costs, reflecting its luxury market positioning.

The median price for detached homes in Oakville can reach up to $1.8 million, while condos average around $800,000. Rent in Oakville spans from $1,300 to $2,500 monthly, depending on the size and location of the unit, aligning with its family-friendly and affluent character.

Daily Expenses

Eating out in Burlington is more affordable than in Oakville. An inexpensive meal averages about $25, and a three-course meal for two at a mid-range restaurant costs around $100. In comparison, a similar meal in Oakville could set you back about $120.

Additionally, both gas prices and groceries tend to be cheaper in Burlington than in Oakville. This trend offers a slight financial relief to residents and visitors alike.

Lifestyle and Amenities

Burlington boasts a vibrant community atmosphere, complemented by scenic spaces like the Royal Botanical Gardens and the picturesque waterfront of Spencer Smith Park. These locations host a variety of festivals and events, enriching the city's cultural tapestry.

In contrast, Oakville provides a serene suburban retreat with top-tier amenities such as the Oakville Trafalgar Memorial Hospital. The town also offers recreational opportunities at places like Bronte Creek Provincial Park and Glen Abbey Golf Club, enhancing its appeal as a place that balances tranquility with accessibility to urban conveniences.

10 REASONS TO MOVE TO OAKVILLE

  1. Close to Toronto, yet offers a serene suburban lifestyle.
  2. Scenic views of Lake Ontario and lush green spaces.
  3. High-quality public and private schools for excellent education.
  4. Diverse recreational activities for all ages.
  5. Thriving job market with various industries.
  6. Rich in cultural events and festivals.
  7. Access to top-notch healthcare facilities.
  8. Vibrant community with friendly neighbourhoods.
  9. Great shopping and dining experiences.
  10. Proximity to major attractions like Niagara Falls and Canada's Wonderland.

10 REASONS TO MOVE TO BURLINGTON

  1. Affordability compared to nearby cities.
  2. Beautiful waterfronts and parks.
  3. A thriving community with a small-town feel.
  4. Diverse cultural events and festivals.
  5. Proximity to Toronto and other major areas via public transport.
  6. Excellent public and private schools.
  7. A range of dining and shopping options.
  8. Access to high-quality healthcare facilities.
  9. Active local job market.
  10. A safe and friendly environment ideal for families.

Making Your Decision

Choosing between Burlington and Oakville will depend on what you value in a community.

If you prefer a slightly more urban vibe with affordable options, Burlington might be the place for you.

However, if you're drawn to the allure of a lakeside town with upscale amenities, Oakville could be a better match.

Both cities are known for their safety, enhancing their appeal for families and individuals alike.

Ultimately, both cities offer fantastic living conditions with their unique benefits. Understanding your personal needs and budget will help you decide which area suits you best.

At Vieira Real Estate Associates, we know how important it is to find the right balance between your lifestyle and finances.

We're here to guide you through the process, ensuring you find a home that not only meets your needs but also feels right for you and your family.

If you're looking to buy in Oakville or Burlington, grab our Complete Home Buyers Guide for FREE!

If you're looking to sell in Oakville or Burlington, grab our Complete Home Sellers Guide for FREE!

Check how we market your property in Oakville and surrounding areas!

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