Cost of living in Cold Lake

Cold Lake, located in Canada, offers a unique blend of natural beauty and modern amenities. Understanding the cost of living in this city is crucial for both current residents and those considering a move.This guide provides a detailed breakdown of expenses in Cold Lake, covering everything from dining and groceries to housing and transportation.

Cost of Living Summary

Dining and Restaurants

Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $17.16 on average, with a range between $10.37 and $35.75.
Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $57.21, with prices ranging from $42.91 to $100.11.
Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $10.73, with a range between $9.3 and $12.87.
Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $3.58 to $7.15, imported beer $4.29 to $7.15, cappuccino $1.43 to $5.71, and Coke/Pepsi $1.43 to $2.86.

Grocery Prices

MilkMilk is priced between $0.94 and $2.15 per liter, averaging $0.94.
Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $1.43 and $3.58, with an average price of $1.43.
Eggs (Dozen)A dozen eggs range from $2.5 to $5.01, averaging $3.58.
Fruits (e.g., Apples, Oranges)Apples cost $2.15 to $5.98 per kg, while oranges range from $1.07 to $6.44 per kg.
Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced between $0.72 and $5 per kg, and lettuce costs $1.79 to $3.58 per head.

Transportation

Fuel (Gasoline)Gasoline is priced between $0.85 and $1.14 per liter.
Taxi FaresTaxi fares start at $2.5, with a cost of $1.06 to $2.32 per km and $17.88 to $42.91 per hour of waiting.
Car PurchaseA new Volkswagen Golf costs between $24,297.27 and $30,748.79, while a Toyota Corolla ranges from $19,580.96 to $25,028.09.

Housing Costs

1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre ranges from $715.09 to $1072.63, averaging $881.94.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $643.58 to $1072.63, averaging $858.11.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre ranges from $1072.63 to $1787.72, averaging $1549.36.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $717.95 to $1859.23, averaging $1454.97.

Utilities

Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $133.72 and $366.38, averaging $200.18.
InternetInternet services range from $42.91 to $96.54, with an average cost of $62.36.

Cost of Living Data

The following pricing data has been gathered from 8 user contributions, as of the most recent update in November, 2024.

Restaurants

Avg / Range

Restaurants

Avg

Range

Meal, Inexpensive Restaurant

$17.16

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

$57.21

McMeal at McDonalds (or Equivalent Combo Meal)

$10.73

Domestic Beer (0.5 liter draught)

$5.01

Imported Beer (0.33 liter bottle)

$5.72

Coke/Pepsi (0.33 liter bottle)

$1.93

Water (0.33 liter bottle)

$1.43

Cappuccino (regular)

$3.44

Markets

Avg / Range

Markets

Avg

Range

Milk (regular), (1 liter)

$0.94

Loaf of Fresh White Bread (500g)

$1.43

Eggs (regular) (12)

$3.58

Local Cheese (1kg)

$11.08

Water (1.5 liter bottle)

$1.83

Bottle of Wine (Mid-Range)

$14.30

Domestic Beer (0.5 liter bottle)

$3.14

Imported Beer (0.33 liter bottle)

$3.57

Cigarettes 20 Pack (Marlboro)

$12.06

Chicken Fillets (1kg)

$11.89

Apples (1kg)

$4.25

Oranges (1kg)

$1.79

Potato (1kg)

$2.45

Lettuce (1 head)

$2.71

Rice (white), (1kg)

$2.85

Tomato (1kg)

$2.15

Banana (1kg)

$1.07

Onion (1kg)

$1.07

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

$14.74

Transportation

Avg / Range

Transportation

Avg

Range

Gasoline (1 liter)

$0.99

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

$24,670.54

Taxi Start (Normal Tariff)

$2.93

Taxi 1km (Normal Tariff)

$1.32

Taxi 1hour Waiting (Normal Tariff)

$21.45

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

$21,776.23

Rent Per Month

Avg / Range

Rent Per Month

Avg

Range

Apartment (1 bedroom) in City Centre

$881.94

Apartment (1 bedroom) Outside of Centre

$858.11

Apartment (3 bedrooms) in City Centre

$1,549.36

Apartment (3 bedrooms) Outside of Centre

$1,454.97

Utilities (Monthly)

Avg / Range

Utilities (Monthly)

Avg

Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment

$200.18

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

$62.36

Mobile Phone Monthly Plan with Calls and 10GB+ Data

$49.84

Sports And Leisure

Avg / Range

Sports And Leisure

Avg

Range

Cinema, International Release, 1 Seat

$12.16

Clothing And Shoes

Avg / Range

Clothing And Shoes

Avg

Range

1 Pair of Jeans (Levis 501 Or Similar)

$28.60

1 Summer Dress in a Chain Store (Zara, H&M, ...)

$35.56

1 Pair of Nike Running Shoes (Mid-Range)

$53.63

1 Pair of Men Leather Business Shoes

$89.39

Salaries And Financing

Avg / Range

Salaries And Financing

Avg

Range

Average Monthly Net Salary (After Tax)

$2,860.35

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

6.45%

Childcare

Avg / Range

Childcare

Avg

Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$722.14

International Primary School, Yearly for 1 Child

$7,928.54

Worldwide

Canada

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.

Highest to LowestUpdated: Oct, 2025