Weyburn is the kind of place where a moose might occasionally wander downtown. The agricultural and oil town of 11,000 is about an hour’s journey south of the TransCanada and its biggest claim to fame is that it is home to the largest inland grain gathering point in Canada. It’s safe to say few people end up in Weyburn by accident, but its position as the best city on the Prairies is no mistake. The community offers almost every amenity you’d need, including a 100-bed hospital originally opened by Tommy Douglas. (The godfather of Canada’s single-payer health-care system lived in Weyburn.)
As you’d expect, homes are cheaper in this rural community than they are in bigger cities, but when paired with the town’s higher-than-average household income it means they are exceedingly affordable. To put that in perspective, homes in Weyburn are priced at about twice what the average family earns in a year; homes in Canada are typically priced around four versus times the average income. That means families in Weyburn have more money for other things, like saving for retirement, taking vacations or investing, which helps explain why the average household net worth here is $736,000, the highest in the province.
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Weyburn photo credit: (Mike Grandmaison/Getty Images)
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