Skyline of Edmonton
Cost of Living: 97.4 1,010,899

Edmonton, AB, Canada

Alberta's capital with the most affordable housing of any major Canadian city, a massive river valley park system, and no provincial sales tax.

Updated July 6, 2026
Cost of Living 97.4

Below Average vs Canada avg (100)

Housing Index 96.8

Affordable

Median Income C$72,000

Household income

Unemployment 6.3%

Job market health

Edmonton vs Canada Average

Cost of Living
Edmonton: 97.4
Canada Avg: 100
Housing Index
Edmonton: 96.8
Canada Avg: 100
Provincial Tax
Edmonton: 10%

Taxes

  • Provincial Tax: 10.0%
  • Sales Tax: 5.0%

Economy & Jobs

  • Median Income: C$72,000
  • Unemployment: 6.3%
  • Population: 1,010,899

Climate

  • Sunny Days: 234/year
  • Summer High: 76°F
  • Winter Low: 3°F

Housing

  • Median Home: C$410,000
  • 1BR Rent: C$1300/mo

Cost of Living

Edmonton's cost of living index is 97.4 (Canada average = 100).

CategoryEdmontonNational AverageDifference
Overall97.4100-2.6%
Housing96.8100-3.2%

Data source: Statistics Canada, 2026

Housing Market

MetricValue
Median Home PriceC$410,000
Median Rent (1BR)C$1300/mo
Median Rent (2BR)C$1,625/mo
Price per Sq FtC$273

Data source: Canadian Real Estate Association (CREA), 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

C$
%
$90,000 down
%
%
C$

Utilities

Estimated monthly utility costs for a typical household in Edmonton:

UtilityEstimated Monthly CostNotes
ElectricityC$170Based on ~900 kWh/month typical Canadian household usage
Heating (Gas/Oil)C$296Estimated based on local climate. electric or gas heating
WaterC$55Includes sewer
Internet (100+ Mbps)C$58Broadband average
Garbage / TrashC$35Private service
Total UtilitiesC$614Monthly estimate (including heating)

Data sources: Statistics Canada, Canada Energy Regulator, CRTC

Best Neighborhoods

Downtown Edmonton

The heart of the city with restaurants, shops, and entertainment. Average rent: C$1,560/mo.

Edmonton Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: C$1,430/mo.

East Edmonton

Up-and-coming neighborhood with new developments and young professionals. Average rent: C$1,170/mo.

West Edmonton

Family-friendly area with parks and good schools. Average rent: C$1,235/mo.

Remote Work Score

Edmonton scores 121/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 234 year (Good)
  • Quality of Life: Good

Climate

Edmonton has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January23°F3°F2.5"
April61°F18°F2.8"
July76°F51°F1.5"
October56°F21°F2.2"

Taxes

  • Provincial Tax: 10%
  • Sales Tax: 5%
  • Property Tax: ~0.44% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.3%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Edmonton, AB, Canada?

The cost of living index in Edmonton is 97.4, which is Lower the Canada national average of 100.

How much does it cost to buy a home in Edmonton?

The median home price in Edmonton is C$410,000. The housing index is 96.8.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Edmonton is approximately C$1300/mo.

Does Edmonton, AB have income tax?

Edmonton is in AB, which has an income tax rate of 10%.

What is the climate like in Edmonton?

Edmonton enjoys approximately 234 sunny days per year. Summer highs reach around <no value>°F,76°F, while winter lows can drop to around <no value>°F.3°F.

Data Sources

  • Cost of Living: Statistics Canada, 2026
  • Housing Data: Canadian Real Estate Association (CREA), 2026
  • Income & Employment: Statistics Canada Labour Force Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.