Cost of living in Cranbrook
Cranbrook, located in the heart of British Columbia, Canada, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Cranbrook is crucial for anyone considering relocating or planning a visit.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $12.52 on average, with a range between $10.74 and $17.89.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $66.20, with prices ranging from $57.25 to $80.16.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.02, with a range between $8.59 and $11.81.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5.01 to $6.44, imported beer $5.73 to $6.44, cappuccino $3.47 to $5.01, and Coke/Pepsi $2.05 to $3.22.
Grocery Prices
- Milk - Milk is priced between $1.11 and $3.22 per liter, averaging $1.65.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.43 and $3.57, with an average price of $2.14.
- Eggs (Dozen) - A dozen eggs range from $2.50 to $4.50, averaging $3.64.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.79 to $5.08 per kg, while oranges range from $2.15 to $10.74 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 $1.43 and $3.58.
- Fuel (Gasoline) - Gasoline is priced between $0.85 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $7.16.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $787.24 to $1359.78, averaging $1073.51.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1145.08.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1574.48 to $1789.19, averaging $1669.91.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1431.35 to $1502.92, averaging $1455.20.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $71.57 and $322.05, averaging $125.24.
- Internet - Internet services range from $35.78 to $80.16, with an average cost of $52.48.
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.
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"Key Takeaways"
Cranbrook offers a relatively affordable cost of living compared to larger Canadian cities, with moderate housing and dining costs.
Transportation and utility expenses are reasonable, making it a viable option for those seeking a balanced lifestyle.
To save money, consider dining at local eateries and utilizing public transportation.
Conclusion
In conclusion, Cranbrook provides a cost-effective living environment with a mix of urban and rural amenities.
Whether you're planning to move or just visiting, understanding these costs can help you budget effectively and enjoy all that Cranbrook has to offer.