Cost of living in Olds
Olds, a charming town in Canada, offers a unique blend of rural tranquility and modern amenities. Understanding the cost of living here is crucial for anyone considering a move or simply planning a visit.
This guide provides a detailed breakdown of expenses in Olds, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.21 on average, with a range between $10.69 and $17.82.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $65.92, with prices ranging from $57.01 to $79.81.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.4, with a range between $8.55 and $11.76.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.99 to $6.41, imported beer $5.7 to $6.41, cappuccino $1.43 to $4.99, and Coke/Pepsi $1.43 to $3.21.
Grocery Prices
- Milk - Milk is priced between $1.1 and $3.21 per liter, averaging $1.82.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.56 and $3.17, with an average price of $2.26.
- Eggs (Dozen) - A dozen eggs range from $2.49 to $4.48, averaging $3.62.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.78 to $5.06 per kg, while oranges range from $2.14 to $6.41 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.85 and $4.99 per kg, and lettuce costs $3.56 to $4.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.85 and $1.1 per liter.
- New Car (Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs $24,213.79, while a Toyota Corolla ranges from $19,513.69 to $22,804.2.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is $997.68 per month.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $124.71 and $320.68, averaging $203.87.
- Internet - Internet services range from $57.01 to $79.81, with an average cost of $69.6.
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"
Olds offers a moderate cost of living with affordable dining and grocery options. Housing and utilities are reasonably priced, making it an attractive location for families and individuals alike.
Transportation costs are manageable, especially for those who own a vehicle, given the competitive fuel prices.
Conclusion
In conclusion, Olds presents a balanced cost of living that caters to a variety of lifestyles. Whether you're dining out, shopping for groceries, or managing household expenses, Olds provides a cost-effective environment.
For those considering a move, Olds offers a welcoming community with the added benefit of reasonable living costs, making it a desirable place to call home.