Looking for a fresh start in a new Fredericton neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Fredericton for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 7,715
3%
Cost of Living Index 104 vs 101
3% higher than Fredericton
Population 6,464
3%
Cost of Living Index 104 vs 101
3% higher than Fredericton
Population 2,223
3%
Cost of Living Index 104 vs 101
3% higher than Fredericton
Population 1,477
4%
Cost of Living Index 105 vs 101
4% higher than Fredericton
Population 975
5%
Cost of Living Index 106 vs 101
5% higher than Fredericton
Population 1,775
6%
Cost of Living Index 107 vs 101
6% higher than Fredericton
Population 413
7%
Cost of Living Index 108 vs 101
7% higher than Fredericton