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Cost of Living in Edmonton 2026: Complete Breakdown

Updated

Monthly Cost of Living Summary

ExpenseSingle PersonCoupleFamily of 4
Rent (1-bed / 2-bed / 3-bed)$1,300–$1,600$1,600–$2,100$2,000–$2,700
Groceries$370–$490$630–$860$920–$1,280
Transportation$105–$380$190–$520$280–$650
Utilities$160–$240$190–$270$220–$320
Internet + phone$120–$160$160–$220$180–$260
Insurance$80–$170$120–$250$170–$340
Dining/entertainment$130–$350$220–$500$220–$450
Fitness/personal$40–$110$60–$170$80–$200
Miscellaneous$80–$150$110–$220$150–$270
Total$2,385–$3,650$3,280–$5,110$4,220–$6,470

Rent Prices by Neighbourhood

NeighbourhoodStudio1-Bedroom2-Bedroom3-Bedroom
Downtown / Oliver$1,100–$1,400$1,400–$1,800$1,800–$2,300$2,200–$2,800
Strathcona / Whyte Ave$1,000–$1,300$1,300–$1,700$1,700–$2,100$2,000–$2,600
University area$900–$1,200$1,200–$1,500$1,500–$1,900$1,800–$2,300
Glenora / Crestwood$1,000–$1,300$1,300–$1,700$1,700–$2,200$2,100–$2,700
Mill Woods$800–$1,000$1,100–$1,400$1,300–$1,700$1,500–$2,000
Windermere / SW$900–$1,200$1,200–$1,600$1,600–$2,000$1,900–$2,500
Bonnie Doon / Capilano$800–$1,000$1,000–$1,300$1,300–$1,700$1,500–$2,000
NW (Castle Downs)$800–$1,000$1,000–$1,300$1,200–$1,600$1,500–$1,900
Sherwood Park (nearby)$900–$1,100$1,200–$1,500$1,500–$1,900$1,800–$2,300
St. Albert (nearby)$900–$1,200$1,200–$1,500$1,500–$1,900$1,800–$2,300

Home Prices

Property TypeAverage PriceMonthly Mortgage (20% down, 5.5%)
Condo (downtown)$180,000–$300,000$930–$1,550
Condo (suburbs)$150,000–$250,000$770–$1,290
Townhouse$250,000–$400,000$1,290–$2,060
Semi-detached$300,000–$420,000$1,550–$2,170
Detached house$400,000–$600,000$2,060–$3,090
Detached (premium areas)$600,000–$1,000,000$3,090–$5,160

Grocery Costs

ItemAverage Price
Milk (4L)$6.00–$7.00
Bread (loaf)$3.50–$4.50
Eggs (dozen)$4.50–$5.50
Chicken breast (1 kg)$13.00–$17.00
Ground beef (1 kg)$9.00–$13.00
Rice (5 kg)$11.00–$15.00
Monthly groceries (1 person)$370–$490
Monthly groceries (family of 4)$920–$1,280

Transportation

ModeMonthly Cost
ETS monthly pass (adult)$105
ETS monthly pass (youth/senior)$80
ETS single ride$3.50
LRT (included in ETS)
Car ownership (total)$680–$1,150
Car insurance (average)$140–$230
Gas$120–$210
Parking (monthly downtown)$150–$350

Utilities

UtilityMonthly Cost (1-bed)Monthly Cost (3-bed)
Electricity$80–$140$130–$210
Natural gas$60–$90$90–$140
Water/sewer/waste$50–$70$70–$100
Internet$50–$80$50–$80
Cell phone$40–$80$40–$80/person
Total$280–$460$380–$610

Edmonton has the highest utility costs among major Canadian cities due to harsh winters and deregulated energy.

Income Needed

Living SituationMonthly ExpensesGross Annual Salary Needed
Single (frugal, roommate)$1,600–$2,000$28,000–$36,000
Single (own 1-bedroom)$2,400–$3,200$42,000–$56,000
Single (comfortable)$3,200–$3,800$56,000–$68,000
Couple (1-bedroom)$3,300–$4,500$58,000–$80,000 (combined)
Family of 4 (renting)$4,800–$6,500$88,000–$120,000
Family of 4 (homeowner)$6,000–$8,000$110,000–$148,000

Edmonton vs Other Cities

Monthly ExpenseEdmontonCalgaryTorontoVancouverMontreal
1-bed rent$1,450$1,750$2,400$2,600$1,650
Groceries (single)$430$440$475$490$420
Transit pass$105$115$160$110$97
Utilities (1-bed)$190$180$130$95$120
Sales tax5%5%13%12%14.975%
Total (single)$2,600$2,900$3,800$3,900$2,800

Edmonton vs other major Canadian cities

CityAvg 1-bed rentAvg home priceProvincial income tax (top rate)Sales tax
Edmonton~$1,350~$430,00010%5% (GST only)
Calgary~$1,500~$550,00010%5% (GST only)
Winnipeg~$1,200~$360,00010.8–17.4%12% (PST+GST)
Ottawa~$1,800~$680,0005.05–13.16%13% (HST)
Toronto~$2,200~$1,100,0005.05–13.16%13% (HST)
Vancouver~$2,400~$1,200,0005.06–20.5%12% (PST+GST)

Edmonton’’s strongest advantages: no provincial income tax premium, no provincial sales tax, and housing significantly more affordable than other major metros. The trade-off: climate (-20°C winters) and a smaller job market in non-energy sectors.

Frequently asked questions

Is Edmonton cheaper to live in than Calgary? Yes, modestly. Edmonton’’s average rent and home prices are typically 10–20% lower than Calgary’’s. Both cities have no provincial income tax and no provincial sales tax. The main difference is that Calgary’’s job market (particularly in energy corporate headquarters) tends to generate higher average salaries.

What is the minimum salary to live comfortably in Edmonton as a single person? For a comfortable (not frugal) lifestyle — including rent, food, transportation, savings, and some discretionary spending — approximately $55,000–$65,000 gross income is a reasonable target in Edmonton. This is significantly lower than Toronto or Vancouver, where $85,000–$100,000 is needed for similar comfort.