Cost of living in Jasper
Jasper, a picturesque town in the heart of the Canadian Rockies, is known for its stunning natural beauty and outdoor recreational opportunities. Understanding the cost of living in Jasper is crucial for both potential residents and visitors planning an extended stay.
This guide provides a detailed breakdown of expenses in Jasper, covering essential categories such as dining, groceries, transportation, housing, and utilities. Whether you're considering a move or just curious about the area's affordability, this overview will offer valuable insights.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.74 on average, with a range between $8.59 and $12.88.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $53.68, with prices ranging from $35.78 to $71.57.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.74.
- Beverages (e.g., Coke/Pepsi, Water, Cappuccino) - Coke/Pepsi costs $2.5, water $2.86, and a cappuccino $5.73.
Grocery Prices
- Milk - Milk is priced at $4.29 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $2.86.
- Eggs (Dozen) - A dozen eggs are priced at $4.29.
- Local Cheese - Local cheese costs $14.31 per kg.
- Water (1.5 liter bottle) - A 1.5 liter bottle of water is priced at $3.58.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $1.25 per liter.
- Taxi Fares - Taxi fares start at $3.58, with an hourly waiting charge of $28.63.
- New Car Prices - A Volkswagen Golf costs $21,470.22, while a Toyota Corolla is priced at $28,626.96.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1001.94.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2504.86.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment averages $2147.02.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $6593.54.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $3703.59.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $107.35.
- Internet - Internet services cost $53.68.
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
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
"Key Takeaways"
Jasper offers a relatively affordable cost of living compared to larger Canadian cities, with moderate prices for dining and groceries.
Housing costs are reasonable, especially for those looking to rent, although buying property in the city centre can be expensive.
Transportation costs are manageable, with gasoline prices being fairly standard and taxi services available for local travel.
Conclusion
In conclusion, Jasper provides a balanced cost of living with its affordable dining options and reasonable rental prices. While buying property in the city centre may be costly, the overall expenses are manageable for most residents.
For those considering a move to Jasper, the town offers a unique blend of natural beauty and affordability, making it an attractive option for both individuals and families.