Cost of living in Canmore

Canmore, nestled in the Canadian Rockies, is known for its stunning natural beauty and outdoor recreational opportunities. Understanding the cost of living in Canmore is crucial for both potential residents and visitors.

This guide provides a detailed breakdown of expenses in Canmore, including housing, dining, transportation, and more, to help you plan your budget effectively.

An image showcasing the beauty of Canmore

People enjoying the surroundings of Canmore

Cost of Living Summary

Dining and Restaurants

Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $16.28 on average, with a range between $10.74 and $20.04.
Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $66.20, with prices ranging from $47.23 to $96.62.
Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $11.45, with a range between $8.59 and $12.88.
Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $6.44 to $8.59, imported beer $6.44 to $10.74, cappuccino $1.43 to $5.01, and Coke/Pepsi $1.43 to $3.22.

Grocery Prices

MilkMilk is priced between $1.11 and $3.22 per liter, averaging $1.83.
Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.57 and $4.29, with an average price of $2.27.
Eggs (Dozen)A dozen eggs range from $2.50 to $5.37, averaging $3.64.
Fruits (e.g., Apples, Oranges)Apples cost $1.79 to $5.73 per kg, while oranges range from $2.15 to $6.44 per kg.
Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced between $1.86 and $5.01 per kg, and lettuce costs $3.57 to $5.01 per head.

Transportation

Public Transport (One-Way Ticket)A one-way local transport ticket costs between $0 and $1.43.
Fuel (Gasoline)Gasoline is priced between $0.85 and $1.11 per liter.
Taxi FaresTaxi fares start at $5.37, with a cost of $2.86 per km.

Housing Costs

1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre ranges from $1431.35 to $1789.19, averaging $1574.48.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $1288.21 to $1646.05, averaging $1431.35.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre ranges from $2862.70 to $5582.26, averaging $3840.78.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $2504.86 to $4651.88, averaging $3339.81.

Utilities

Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $125.24 and $322.05, averaging $200.77.
InternetInternet services range from $57.25 to $89.46, with an average cost of $69.90.

Cost of Living Data

The following pricing data has been gathered from 13 user contributions, as of the most recent update in November, 2024.

Restaurants

Avg / Range

Restaurants

Avg

Range

Meal, Inexpensive Restaurant

$16.28

Meal for 2 People, Mid-range Restaurant, Three-course

$66.20

McMeal at McDonalds (or Equivalent Combo Meal)

$11.45

Domestic Beer (0.5 liter draught)

$8.59

Imported Beer (0.33 liter bottle)

$7.16

Coke/Pepsi (0.33 liter bottle)

$2.05

Water (0.33 liter bottle)

$2.06

Cappuccino (regular)

$3.47

Markets

Avg / Range

Markets

Avg

Range

Milk (regular), (1 liter)

$1.83

Loaf of Fresh White Bread (500g)

$2.27

Eggs (regular) (12)

$3.64

Local Cheese (1kg)

$11.45

Water (1.5 liter bottle)

$2.50

Bottle of Wine (Mid-Range)

$17.89

Domestic Beer (0.5 liter bottle)

$2.15

Imported Beer (0.33 liter bottle)

$3.58

Cigarettes 20 Pack (Marlboro)

$14.31

Chicken Fillets (1kg)

$13.64

Apples (1kg)

$4.40

Oranges (1kg)

$4.14

Potato (1kg)

$3.13

Lettuce (1 head)

$4.08

Rice (white), (1kg)

$4.29

Tomato (1kg)

$4.77

Banana (1kg)

$1.72

Onion (1kg)

$3.33

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$14.43

Transportation

Avg / Range

Transportation

Avg

Range

One-way Ticket (Local Transport)

$0.72

Monthly Pass (Regular Price)

$0.00

Gasoline (1 liter)

$1.01

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$24,317.18

Taxi Start (Normal Tariff)

$5.37

Taxi 1km (Normal Tariff)

$2.86

Taxi 1hour Waiting (Normal Tariff)

$0.00

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$20,423.15

Rent Per Month

Avg / Range

Rent Per Month

Avg

Range

Full Cost of Living Rankings

Overview Job Market

Affordability

Expensive

About this index

Canmore Cost of Living

"Key Takeaways"

Canmore offers a relatively high cost of living, especially in terms of housing and dining. However, transportation costs are quite low, particularly for public transport.
Grocery prices are moderate, with some variation in the cost of fresh produce and dairy products.
Potential residents should budget carefully for housing and utilities, as these can be significant monthly expenses.

Conclusion

In conclusion, Canmore presents a unique blend of natural beauty and a high cost of living. While housing and dining can be expensive, the low transportation costs offer some relief.

For those considering a move to Canmore, it's essential to plan your budget with a focus on housing and dining expenses, while taking advantage of the affordable transportation options.

Canmore