When it comes to the cost of living, Alberta’s cities stack up pretty well compared to pricey hubs like Toronto and Vancouver. Known for more affordable housing and groceries, Alberta often appeals to Canadians looking for a cheaper place to call home.
Still, living in a Canadian city is never really cheap. If you’re curious about what it’s like for a single person to get by in Alberta’s two biggest cities, we have a breakdown of the costs in Calgary and Edmonton.
The cost-of-living database Numbeo calculates how much it costs to live in different cities as a single person — here’s what it looks like for Alberta.
What is the cost of living in Calgary?
Living in Calgary isn’t exactly a bargain, but it’s still more affordable than places like Vancouver.
According to Numbeo, a single person will spend about $1,585 per month on things like food, dining out, and transportation — this doesn’t include rent though.
Rent, however, can take a big bite out of your budget. The average price for a one-bedroom apartment in the city centre is about $2,006 per month, according to Numbeo. For a night out, you can expect to spend around $100 for a three-course meal for two at a mid-range restaurant.
The cost of living is based on an average monthly net salary, after taxes, of $4,598.15.
What is the cost of living in Edmonton?
Edmonton offers a slightly more affordable city life. Numbeo estimates a single person spends about $1,501 monthly, without rent. The average net salary in Edmonton is about $4,049 after taxes.
Rent in Edmonton is significantly cheaper than in Calgary. A one-bedroom apartment in the city centre costs about $1,596 per month, while a three-course meal for two runs about $90 at a mid-range restaurant.
How does the cost of living in Edmonton compare to Calgary?
When comparing the two cities, Edmonton comes out on top for affordability. Numbeo‘s data shows that living costs in Edmonton are 4.2% lower than in Calgary without rent factored in, and 8.5% lower when rent is included.
If you’re considering a move within Alberta, this might help you decide: rent prices in Edmonton are 19% lower, and dining out is 3.7% cheaper compared to Calgary. To maintain the same standard of living, you’d need about $7,408 per month in Edmonton, versus $8,100 in Calgary — if you rented in both cities.
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Source: Narcity – Read More
