Cost of living in Cambridge Bay
Cambridge Bay, located in the northern region of Canada, presents a unique lifestyle with its remote setting and cultural richness. Understanding the cost of living here is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses in Cambridge Bay, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $22.68 on average, with a range between $21.16 and $24.2.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $70.86.
- Beverages (e.g., Coke/Pepsi, Water) - A 0.33 liter bottle of Coke/Pepsi costs $3.22, while water is priced at $2.86.
Grocery Prices
- Milk - Milk is priced at $4.65 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $3.57.
- Eggs (Dozen) - A dozen eggs are priced at $2.86.
- Local Cheese - Local cheese costs $11.44 per kg.
- Fruits (e.g., Apples, Bananas) - Apples cost $5.72 per kg, while bananas are priced at $2.86 per kg.
- Vegetables (e.g., Onions) - Onions are priced at $2.62 per kg.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $0.75 per liter.
- Taxi Fares - Taxi fares start at $4.29.
Utilities
- Internet - Internet services cost $112.72 for 60 Mbps or more with unlimited data.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs $56.36 monthly.
Cost of Living Rankings
The cost of living indices for Canada are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Canada, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
"Key Takeaways"
Cambridge Bay offers a unique living experience with its remote location, impacting the cost of goods and services.
Dining out can be relatively expensive, with limited options and higher prices for basic meals and beverages.
Grocery prices are notably higher than in more urban areas, reflecting the challenges of transporting goods to this remote location.
Transportation costs are moderate, with gasoline prices being relatively low compared to other regions.
Utilities, particularly internet services, are costly, which is typical for remote areas.
Conclusion
Living in Cambridge Bay comes with its unique set of challenges and costs, primarily due to its remote location.
Prospective residents should be prepared for higher prices in dining and groceries, while transportation and utility costs remain manageable.
Understanding these costs is essential for budgeting and making informed decisions about relocating to this distinctive part of Canada.
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