Cost of Living in Edmonton

Edmonton, the vibrant capital of Alberta, Canada, is a city that seamlessly blends urban conveniences with stunning natural landscapes. If you're considering making Edmonton your home, understanding the cost of living is essential for planning your budget effectively. From housing to transportation, groceries to entertainment, here's a detailed breakdown of expenses in Edmonton, featuring sample places to consider within each category.

Housing

Housing CostsAverage Rent for a One-Bedroom Apartment:

Downtown Edmonton Located at the heart of the city, Downtown Edmonton offers unparalleled access to amenities, dining, and cultural experiences. The average rent for a one-bedroom apartment here ranges from CAD 1,200 to CAD 1,500 per month.

Buying Property:
Glenora Nestled west of downtown, Glenora is a prestigious and upscale neighborhood known for its beautiful homes and proximity to the river valley. The average price of a home is $500,000 to over $1,000,000

Transportation

ETS TransportationMonthly Public Transportation Pass (ETS):
Oliver Just west of downtown, Oliver is a central location with easy access to public transit routes. A monthly pass for the Edmonton Transit Service (ETS) costs around CAD 97.

Gasoline:
West Edmonton For those who prefer driving, West Edmonton provides convenient access to major highways and shopping centers. Gasoline prices in Edmonton generally range from CAD 1.30 to CAD 1.50 per liter.

Utilities

Monthly Utilities for 85m2 Apartment:
Strathcona  South of the river, Strathcona offers a vibrant mix of historic charm and artsy vibes. Utility costs for an 85m2 apartment here typically range from CAD 150 to CAD 250 per month.

Food

Groceries and Dining Out:
Old Strathcona  Known for its historic charm and lively atmosphere, Old Strathcona is a hub of restaurants and cafes. Prices for groceries can vary, with items like milk (1 liter) ranging from CAD 1.50 to CAD 2.50, and a loaf of fresh bread (500g) from CAD 2.50 to CAD 4.00.

Entertainment

Dining and Leisure:West Edmonton Mall
Whyte Avenue  Running through Old Strathcona, Whyte Avenue is known for its vibrant nightlife and diverse dining options. Enjoy a dinner for two at a mid-range restaurant here for approximately CAD 50 to CAD 100.

Cultural Experiences:

West Edmonton Mall One of the largest malls in North America, West Edmonton Mall is not just a shopping destination but an entertainment hub. Catch a movie at the cinema for CAD 15.00 to CAD 20.00 per ticket.

Conclusion

Edmonton offers a rich tapestry of living options, catering to diverse lifestyles and preferences. Whether you're drawn to the bustling city center, the upscale allure of Glenora, or the eclectic charm of Old Strathcona, there's a neighborhood for every taste. Keep in mind that costs can fluctuate, so it's wise to regularly check for updates. Explore the sample places mentioned to get a glimpse of what Edmonton has to offer and make an informed decision about your new home.

Key Things to Know Before Moving to Edmonton