How Much Does It Cost to Live in Edmonton?
- Last updated on: December 12, 2022
What is the average cost of living in Edmonton?
The average cost of living in Edmonton is $1928.18 per month.
Situated on the North Saskatchewan River, there is the beautiful metropolitan city of Edmonton. It is the capital of the province of Alberta, bearing a population of 1,461,000. The city has an area of over 684 Km2 and stands as Alberta’s second-largest, and Canada’s fifth-largest municipality. The city is recognized as an educational, cultural, and governmental center. The city holds a year-round slate of festivals which has dubbed it the nickname of ‘The Festival City of Canada’.
The city is a beautiful amalgamation of different ethnicities including Europeans making up the major part along with Asians, Africans, Latin/Central/South Americans, Middle Eastern, and the Caribbean. The city is also known for its famous nightlife and attractions that appeal to a number of people which is why it is one of the most preferred Canadian cities by ex-pats.
Cost of living in Edmonton - 2023
Housing Cost in Edmonton
Given below is a table that lists down the average prices of different types of apartments, their rents, and their costs in the city of Edmonton.
| City District | Studio | 1 Bedroom | 2 Bedroom | 3 + Bedroom |
| Downtown Edmonton | $895 | $1174 | $1685 | $1775 |
| Oliver | $999 | $1050 | $1473 | $1400 |
| Queen Mary Park | $750 | $850 | $1001 | $1185 |
| Strathcona | $1050 | $1026 | $1398 | $1275 |
| Garneau | $969 | $1190 | $1475 | $1800 |
| Central McDougall | $775 | $750 | $949 | $1245 |
| Queen Alexandra | $750 | $1465 | $1395 | $1600 |
What is the average rent cost for a 1-bedroom apartment in Edmonton?
The average rent cost for a 1-bedroom apartment in Edmonton is $1072.
(* Zumper)
Average Cost of Utilities
Electricity, Energy, Water and more
The average rate of electricity in the city of Edmonton is the same as for the whole province of Alberta i.e. 16.7¢/kWh, which is a bit expensive in comparison to many other provinces that have rather decent rates for electricity. If your apartment or house is averagely consuming around 1000kWh, your electric bill will come around $167.
For an 85m2 apartment, the collective bill of all the utilities (besides electricity) is averaged around $120 which includes heating, cooling, garbage, water, etc.
Home Insurance Rates
As for monthly home insurance rates, throughout the province of Alberta, it is determined by the value of the home. If you are living in a rented apartment or house, you will be paying around $25-$30 as your home insurance. But if you own property, consult the table below for the rates of insurance.
Property Value | Average Home Insurance Rate |
<100K | $23 |
100 – 300K | $76 |
300 – 700K | $80 |
700K – 1.5 M | $167 |
1.5 – 5 M | $174 |
What is the average home insurance + utility cost in Edmonton for a 1-bedroom condo?
The average home insurance + utility cost in Edmonton for a 1-bedroom condo is $150 per month.
(*Insureye)
Cost of Public Transport and Parking Rates
Public transport in Edmonton is operated by ETS (Edmonton Transit Service) which is the city’s authority for transportation. It operates the public transit fleet that comprises over 900 Buses, over 90 light rail vehicles and 100 DATS (Disabled Adult Transit Service) vehicles.
For the average cost of public transport in the city of Edmonton, consult the table below.
For youth (24 and under)
Cash | $3.50 |
Ticket (book of 10) | $19.75 |
Monthly Pass | $72.50 |
Cash | $3.50 |
For Adults (25 and 64)
Cash | $3.50 |
Tickets (book of 10) | $27.75 |
Monthly Pass | $100 |
Cash | $3.50 |
For seniors (65+)
Cash | $3.50 |
Ticket (book of 10) | $19.75 |
Monthly Pass | $35 |
2021/2022 Annual Pass | $385 |
2021/2022 Annual Pass (Low Income, Tier 2; income between $29,069 and $33,033) | $139 |
2021/2022 Annual Pass (Low Income, Tier 1; income below $29,069) | FREE |
Cost of The Public Bicycle Sharing System
In terms of the public bike-sharing system, the city of Edmonton is yet to catch up to its peers and neighboring cities. The city government is still trying to work its way around introducing such a program.
Car Parking Rates
In the city of Edmonton, there is a lot of variation when it comes to car parking rates as they differ from one part of the city to another.
Location | Rates | Hours |
On-Street Pay Machine | Monday To Friday: $1 to $3.50/hr – Cost is indicated on pay machines Saturdays: $1/hr – except for some zones Sundays: Free except for some zones Statutory Holidays: Free | 24/7 |
Canada Place Parkade | Monday to Friday: $5/hr 6am-6pm – $15 max 5pm-2am – $10 max Midnight-8am – $5 max Midnight-Midnight – $30 max Saturday and Sunday: $2/hr 6am-6pm – $10 max 5pm-2am – $10 max Midnight-8am – $5 max Midnight-Midnight – $25 max Statutory Holidays: Free Monthly Parking: $315 plus GST
| 6am-1am 7 days/week |
City Hall Parkade | Monday to Friday: 6am-5pm – $4/hr ($20 max) 5pm-Midnight – $2/hr ($10 max) Midnight-8am – $1/hr ($5 max) Saturday and Sunday : 6am-5pm – $2/hr ($10 max) 5pm-Midnight – $2/hr ($10 max) Midnight-8am -$1/hr ($5 max) Statutory Holidays: Free | Hours: 6am to 1am – 7 days/week |
Library Parkade | Monday to Friday: $5/hr 6am-6pm – $15 max 5pm-2am – $10 max Midnight-8am – $5 max Midnight-Midnight – $30 max Saturday and Sunday: $2/hr 6am-6pm – $10 max 5pm-2am – $10 max Midnight-8am – $5 max Midnight-Midnight – $25 max Statutory Holidays: Free Monthly Parking: $315 plus GST
| 24/7 |
(*EPark)
Car Insurance Rates
Unfortunately, the province of Alberta holds third place for most expensive car insurance rates, coming at a whopping $1316 on average. The collective average for all the provinces comes to a total of $1151. Comparing the car insurance rates of Alberta to it, it is still substantially higher than average.
What is the ETS monthly pass price?
The ETS monthly pass price is $100.
Booking trustworthy movers starts here
Compare multiple moving quotes calculated across the same metrics
Entertainement
Edmonton is not all that cheap in comparison to many other cities of Canada, but that doesn’t mean it is just expensive altogether. Considering the essentials only, the average cost of entertainment around the city of Edmonton includes:
- Meal, Inexpensive Restaurant: $20
- Meal for 2 People, Mid-range Restaurant, Three-course: $80
- Domestic Beer (0.5-liter draught): $6
- 2 tickets to the cinema: $30
- Taxi trip on a business day, basic cost, 8 km. (5 miles): $19
- Cocktail drink in the pub: $11
Considering at average cost, if you have had 4 beers, 1 restaurant visit with friends, visited the cinema 2 times, and have had 4 regular restaurant meals per month, that can cost you about $216.
What is the average cost of entertainment in Edmonton?
The average cost of entertainment in Edmonton is $216 per month.
(*Numbeo)
Grocery Cost in Edmonton
Grocery includes items such as fruits, vegetables, meat, eggs, milk, and others. Cost for some regular groceries that may averagely be purchased include:
| Items (1 kg) | Prices |
Milk (1 Liter) | $2.35 |
Loaf of bread | $2.75 |
Rice | $3.86 |
Dozen Eggs | $3.65 |
Local Cheese | $11.81 |
Chicken | $12.35 |
Beef round | $15.77 |
Apple | $4.12 |
Banana | $1.89 |
Orange | $4.11 |
Tomato | $3.85 |
Potato | $3.25 |
Onion | $2.48 |
Head of Lettuce | $2.44 |
Water Bottle 1.5L | $2.49 |
Cigarette 20 Pack | $15.50 |
What is the average cost of groceries for 1 person in Edmonton?
The average cost of groceries for 1 person in Edmonton is $257.18 per month.
(*Numbeo & Satistics Canada)
Phone and Internet
There are plenty of internet service providers in Edmonton as well as cellphone service providers with different packages that are sure to meet everyone’s needs. Considering a general 60 Mbps connection with unlimited download, it will cost you around $80-$90 on average. Finding the best Internet Plan will be easy as there are so many Internet providers available. Whereas 1 minute of the prepaid tariff with no plan or discount will cost you around $0.34.
How much does Internet cost in Edmonton?
Internet costs an average of $80 per month for 60 Mbps in Edmonton.
(*Numbeo)
Fitness and Personal Care
In terms of fitness and personal care, a one-month fitness club fee averages around 55-60 $ per month. As for healthcare, you are covered with Canada universal healthcare. Having personal insurance is still highly recommended for other personal care services such as the dentist and the optometrist.
What is the average cost of a gym membership in Edmonton?
The average cost of a gym membership in Edmonton is $55 per month.
(*Numbeo)
Provincial Taxes (Sales, city, and Income taxes)
There are three types of sales taxes in Canada. In the province of Alberta, they have GST which is set at about 5%. They do not have a provincial taxe. Applicable tax on the taxable income includes:
- 10% on the first $131,220 of taxable income, +.
- 12% on the next $26,244, +.
- 13% on the next $52,488, +.
- 14% on the next $104,976, +.
- 15% on the amount over $314,928
One may argue that the taxes in some provinces are higher in comparison to others, but due to the additional services that are offered to the residents by the provincial government.
Conclusion
If you plan on moving to Edmonton, then you can calculate the average cost of living in the city using the provided table and selecting the rates along with respective items, and finding the total sum which may vary from one person to another.
Average Monthly Cost of living in Edmonton
Category
Description
Cost
Housing
Average rent price for a 1 bedroom apartment + Insurance + Average utility cost
$1072 + $30+ $120
Transportation
TTC Monthly Pass on PRESTO
$100
Food
Regular grocery basket for one person
$257.18
Phone
Unlimited mobile plan
$80
Entertainement
Monthly cost (see above)
$214
Health and Fitness
The average cost of a Fitness membership
$55
Total
Sum
$1928.18
Note: If you are sharing cost with someone, it will be significantly lower. Also, if you are budgeting for a family, you’ll need to add the cost of each family member.
This is an approximation. Price will vary.
Special Mention!
Moving is often synonymous of stress, long administrative tasks and a significant waste of time and money. MovingWaldo helps you solve all these problems in just a few clicks! After some shameless self-promotion, we invite you to discover our free moving tools available to all.
- Update accounts
- Connect Internet, TV and Phone.
- Secure home and auto insurance
- Find resources, checklists and more.
We bring together more than 700 organizations across Canada with a single and simplified form.
Share this article on social media
Living in Edmonton vs. Vancouver: Where Should You Live?
Living in Edmonton vs. Vancouver: Where Should You Live? Edmonton, often called the “Festival City,” is famous for hosting art and history festivals almost every summer weekend. With 325 days of sunshine, it boasts maximum sunny
Moving to Edmonton – Where Should I Live?
Ah, Edmonton- Canada’s Festival City! An exquisite area with a population of over one million and particularly famous for being an educational, governmental and cultural centre.
Living in Toronto vs. Edmonton: Where Should You Live?
Living in Toronto vs. Edmonton: Where Should You Live? Toronto, the heart of Canada’s economy, is a city full of life. It is the largest multicultural city in Canada and hosts people from different ethnic backgrounds.
Everything You Must Know Before Moving From Toronto to Edmonton
Everything You Must Know Before Moving From Toronto to Edmonton Living in Toronto comes with a lot of perks, specifically when it comes to earning a living and growing your career. However, being the biggest city
Living in Calgary vs. Edmonton: Where Should You Live?
Living in Calgary vs. Edmonton: Where Should You Live? You’ve chosen to relocate to Alberta because of its low cost of living, magnificent scenery, and those lovely days when Albertans soak up more sunshine than any
Living in Edmonton vs. Montreal: Where Should You Live?
Living in Edmonton vs. Montreal: Where Should You Live? The largest city in the far north of Canada and the capital of Alberta, Edmonton, is a thriving urban hub in the middle of a wilderness. The
