MoneySense, Canada’s top-selling financial magazine, publishes an annual list of top-ranking cities and towns. This year, Truro moved up to 181 out of 200, compared to last year, when the Hubtown was ranked at 187 out of 190 communities.
In 2011, Truro was ranked at 169 out of 180 listings.
New Glasgow, meanwhile, was ranked in this year’s publication at 196 out of 200 listings.
This is the eighth year for the MoneySense rankings, which saw Calgary, Alta., at the top of the heap.
Last place this year fell to Lachute, Que.
The average household income cited by the magazine for Truro is $67,656 while the average house price is ranked at $150,267.
For New Glasgow, the average household income is listed at $63,233 while the average house price is recorded as $127,577.
For Calgary, the average household income is listed at $125,733 while the average house price is recorded as $394,550.
Besides income, other aspects of each community that were used as determining factors for the listings included, overall quality of life, employment rates, weather, crime rates and medical treatment, to name a few.
For the complete list of rankings, log onto: moneysense.ca/bestplaces .
