Hmmm, would I rather live in Winnipeg, or in Edmonton. That's actually a tough call.
The other thing to factor in is the wages. When I looked at moving to Winnipeg I looked at what my current job pays. Based on what Monster.ca had for postings in both cities; I was looking at a $10/hr pay cut. While I could be Mortgage free in Winnipeg, I would also be bringing in about $1600/ month less, or about $1100 less after taxes. $1100 happens to be about what my mortgage is right now.
Then I had a look at taxes. Property tax in Winnipeg for a house like mine was about 2.5 times what I am paying now. I confirmed this with my parents and my sister as to what they are paying. My brother in law had me log into the city of Calgary website to show him how little I was paying in taxes; he didn't believe me.
So Shane, look into how much taxes are too. Could be in a small territory (population wise) that you'd have to pay more in property taxes.
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