Is it cheaper to buy a house and live in Ottawa, Ontario or Gatineau, Quebec?

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Quebec vs. OntarioSeveral times a month I’m asked by individuals for advice on buying a house in Ottawa, Ontario or Gatineau, Quebec.  While I will refrain from commenting on the personal elements (e.g. politics, etc.) as they are subjective, I’ve put together a financial analysis for those who wish to consider.

In conclusion, unless an individual earns more than $150,000 / year, from a financial perspective, it’s still significantly financially beneficial to live in Gatineau, Quebec vs. Ottawa, Ontario.

Here’s the facts. For this assessment we’ll use the salary of $75,000… (reference for calculations: http://bit.ly/RLVw04)

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