McMaster University, consistently one of Canada's top research and medical schools, anchors a city that has reinvented itself around the arts, cafes and more than a hundred waterfalls along the Niagara Escarpment. Hamilton is markedly cheaper than nearby Toronto but close enough to commute in for a night out or a concert. The mix of a gorgeous campus, an edgy downtown gallery scene and easy access to Niagara makes it an underrated exchange base.

