Cost of living in Kamloops
Kamloops, located in the heart of British Columbia, Canada, offers a unique blend of urban and rural living. Understanding the cost of living in Kamloops is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of expenses in Kamloops, including housing, dining, transportation, 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 $21.45 on average, with a range between $13.94 and $35.75.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $64.36, with prices ranging from $57.21 to $78.66.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.08, with a range between $9.3 and $12.87.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.29 to $7.15, imported beer $3.58 to $7.15, cappuccino $3.22 to $5.54, and Coke/Pepsi $2.15 to $2.86.
Grocery Prices
- Milk - Milk is priced between $2.15 and $4.07 per liter, averaging $3.07.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $3.22, with an average price of $2.55.
- Eggs (Dozen) - A dozen eggs range from $2.15 to $5.01, averaging $3.42.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.78 to $5.26 per kg, while oranges range from $2 to $5.52 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $3.75 per kg, and lettuce costs $1.03 to $3.58 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.43 and $2.86, with a monthly pass priced between $35.75 and $85.81.
- Fuel (Gasoline) - Gasoline is priced between $1.14 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $2.85, with a cost of $1.43 to $1.96 per km and $10.73 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1358.67 to $1644.7, averaging $1483.81.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1001.12 to $1430.18, averaging $1263.32.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1751.97 to $2860.35, averaging $2137.97.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1501.69 to $2145.26, averaging $1811.56.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $4618.29 to $8581.06, averaging $6599.67.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $2309.14 to $6793.34, averaging $4551.24.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $107.26 and $250.28, averaging $169.24.
- Internet - Internet services range from $53.63 to $89.39, with an average cost of $69.72.
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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"Key Takeaways"
Kamloops offers a relatively affordable cost of living compared to larger Canadian cities. Housing costs are moderate, with a variety of options available both in the city centre and outside.
Dining out can be affordable, especially at casual restaurants, while transportation costs are reasonable with public transport and fuel prices being quite accessible.
Grocery prices are competitive, and utilities are moderately priced, making Kamloops a balanced choice for those seeking a mix of urban amenities and natural beauty.
Conclusion
In conclusion, Kamloops presents a balanced cost of living with affordable housing, reasonable transportation, and competitive grocery prices.
Whether you're planning to move or just visiting, understanding these costs can help you budget effectively and enjoy all that Kamloops has to offer.