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Jan 16, 2023 · Calgary real estate certainly has enough high-priced luxury homes and high-rise condos to be considered one of the most expensive cities in Alberta. However, it also has a wide variety of budget-friendly communities like Huntington Hills, Deer Ridge, Renfrew, and Coach Hill that keep it affordable.
- Lloydminster. Average rent cost: $833 for a one-bedroom apartment. Average cost of buying a house: $220,000. Cost of living: $1378 (per month for a single person, without rent)
- Medicine Hat. Average rent cost: $1,145 for a one-bedroom apartment. Average cost of buying a house: $444,288. Cost of living: $1,463 (per month for a single person, without rent)
- High River. Average rent cost: $1086 for a one-bedroom apartment. Average cost of buying a house: $762,448. Cost of living: 14% lower than the national average.
- Grande Prairie. Average rent cost: $1,250 for a one-bedroom apartment. Average cost of buying a house: $452,891. Cost of living: $1,801 (per month for a single person, without rent)
Jul 14, 2023 · The city in Alberta with the lowest home price is Wetaskiwin with an average home price of $216,250 as of June 2023. Wetaskiwin has a population of 12,594, an average household income of $84,300 and an unemployment rate of 6.50%.
May 31, 2023 · Consider Vegreville! Known for its larger-than-life egg and wide open spaces, those who live here take home an average of $70,000 a year and can expect the average home to cost around $200,000. If of course, you’d rather rent, one-bedroom apartments cost as little as $850 a month. So there you have it!
- Cassandra Stefanic
Nov 10, 2023 · Edmonton, Alberta's capital city, is a vibrant urban center that offers a surprisingly affordable cost of living, especially when compared to other major Canadian cities. Renters in Edmonton also benefit from the relatively low cost of living, with two-bedroom apartments averaging a little over $1,200 per month.
May 8, 2024 · 1. Grande Prairie. Alberta’s affordable city. Average 1-bed apt rent: $1,160. Average property buying cost: $334,075. Our top pick for the cheapest places to live in Alberta is Grande Prairie, offering a combination of convenience and tranquility.
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Oct 11, 2018 · That’s three times more than Fort McMurray, the winner for the Alberta city with the lowest property tax. Buyers should budget $308 per month for tax in this city for a home worth $250,000. Calgary, on the other hand, has more moderate levy, set at 0.635 per cent.