- July 8, 2022
- Category: Auto
Nova Scotia has long been known as an affordable place to live — but that’s changing fast. In 2025, the rising cost of living continues to strain household budgets across the province.
From groceries to gas, housing to insurance, Nova Scotians are feeling the pressure. And while inflation has slowed compared to 2022–2023, prices remain stubbornly high while wages struggle to keep pace.
What’s Driving the Cost Increases?
Food prices remain a top concern. A trip to the grocery store costs significantly more than it did just two years ago — and it’s not just food. Rent, home prices, heating, and car insurance are all taking bigger bites out of monthly budgets.
Wages in Nova Scotia haven’t kept up, meaning most people are spending more without earning more. As a result, financial stress is rising and savings are shrinking.
Stats Canada Confirms the Strain
Recent Statistics Canada data shows:
- 2 in 5 Canadians say food prices are their top financial concern.
- 3 in 4 say they’re struggling with day-to-day expenses overall.
- Inflation is easing, but household affordability isn’t improving fast enough.
It’s clear that many Nova Scotians are making tough choices to get by.
7 Ways to Save Money in 2025
Awareness is helpful — but what really matters is action. Here are seven cost-saving strategies Nova Scotians are using right now:
1. Buy Sale Items
Check flyers, use discount apps, and stick to what’s on sale. Small changes in grocery shopping habits can lead to big savings over time.
2. Cook More, Dine Out Less
Eating at home just a few extra times per week can free up hundreds per month. Batch cooking and planning meals also cut food waste.
3. Carpool or Share Rides
With fuel costs still high, carpooling is a great way to cut expenses. It also reduces your environmental footprint and makes commuting less stressful.
4. Buy Store Brands
Generic or store-brand products are often identical to name brands — just cheaper. It’s an easy switch that adds up.
5. Use Rewards and Flyers
Sign up for loyalty programs at grocery chains and pharmacies. Many offer member-exclusive deals or cashback programs that pay off quickly.
6. Trim Unused Subscriptions
Review your bank statements. Cancel streaming services, apps, or gym memberships you haven’t used in months. It’s like giving yourself a raise.
7. Shop Second-Hand
From clothing to furniture, gently used items cost less and are often higher quality than new discount options. It’s also better for the planet.
Save More with a Local Insurance Broker
One of the easiest ways to save money in 2025? Let a licensed insurance broker shop around for you.
At Cluett Insurance, we compare rates from Canada’s top insurers to help you find the best value for your needs — whether you’re:
- Renewing your home or car insurance
- Getting coverage for a new driver
- Opening your cottage for the summer
You don’t have to pay more to get personalized coverage. We’ll make sure your policy fits your lifestyle — and your budget.
👉 Get a quote today — and start saving without cutting coverage.