Cost of Living and Inflation in Edmonton, Alberta: What do you need to know?

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Here's what five local experts had to say about prices and the cost of living in Edmonton, Alberta.

If you’re moving to Edmonton, Alberta steer clear living downtown. High rent, lots of homelessness around; don’t walk at night by yourself. Choose living in the suburbs like St. Albert or Fort Sask instead.

HELPFUL REPORT

Edmonton is a relatively inexpensive city, compared to cities such as Toronto, Vancouver, or even Calgary. Depending on the neighbourhood, rent can be anywhere from $800 to $1,800 a month, and average housing prices are $375,000. Notable events and attractions that are native to the city include the indoor theme park Galaxyland, the West Edmonton Mall World Water Park, the annual Heritage Festival, and the annual Klondike Days Festival, or K-Days as it is also known.

Edmonton is Alberta’s capital city, a metropolis renowned for its festivals and sprawling river valley. The city has affordable housing and one of Canada’s top universities. Edmonton is only a few hours from the Rocky Mountains along with some of the world’s best skiing destinations. Edmonton is a growing and vibrant city perfect for families and socialites.

Edmonton is a sprawling city. The way that it is spread out can create challenges in mobility. Public Transit is available at a cost of course. However, it is important to ensure that your accommodations are near enough to a bus or train route to access these services.

The cost of living is not too extreme, though the amenities are not top-notch either. The city is typically left-leaning ideologically, compared to the rest of the province, primarily due to the University population. The transit system leaves a lot to be desired, and with the urban sprawl of the city, it may take a few hours to go across town.

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Cost of Living and Inflation in Edmonton, Alberta: What do you need to know?

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