Cost of living in Red Deer
Red Deer, located in the heart of Alberta, Canada, offers a unique blend of urban and rural living. Understanding the cost of living in Red Deer is crucial for anyone considering moving to or residing in this vibrant city.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.16 on average, with a range between $8.58 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 $107.26.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.55, with a range between $7.87 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 $5.72, and Coke/Pepsi $1.07 to $2.86.
Grocery Prices
- Milk - Milk is priced between $1.04 and $4.29 per liter, averaging $1.65.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.43 and $4, with an average price of $2.43.
- Eggs (Dozen) - A dozen eggs range from $2 to $5.01, averaging $3.58.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $9.94 per kg, while oranges range from $1 to $10.01 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.72 and $4.29 per kg, and lettuce costs $1 to $3.93 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.79 and $2.86, with a monthly pass priced between $51.84 and $53.63.
- Fuel (Gasoline) - Gasoline is priced between $0.85 and $1.14 per liter.
- Taxi Fares - Taxi fares start at $2.68, with a cost of $1 to $2.32 per km and $14.3 to $42.91 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $786.6 to $929.61, averaging $858.11.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $908.16.
- 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the centre averages $1358.67.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $133.72 and $366.38, averaging $200.18.
- Internet - Internet services range from $42.91 to $100.11, with an average cost of $62.36.
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"
Red Deer offers a relatively affordable cost of living compared to larger Canadian cities. Dining out can be economical, especially at casual restaurants.
Housing costs are moderate, with reasonable rent prices both in and outside the city centre. Utilities and internet services are also competitively priced.
Transportation is affordable, with low costs for public transport and gasoline, making commuting manageable.
Conclusion
In conclusion, Red Deer provides a balanced cost of living, making it an attractive option for individuals and families seeking affordability without sacrificing quality of life.
With reasonable housing, dining, and transportation costs, Red Deer stands out as a city that offers both economic and lifestyle benefits.