Cost of living in Sundre
Sundre, a charming town in Canada, offers a unique lifestyle with its picturesque landscapes and community-oriented living. Understanding the cost of living in Sundre is crucial for anyone considering moving to or residing in this serene location.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, 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 $16.28 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 $66.2, with prices ranging from $57.25 to $80.16.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.45, 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 $1.43 to $5.01, and Coke/Pepsi $1.43 to $3.22.
Grocery Prices
- Milk - Milk is priced between $1.11 and $3.22 per liter, averaging $1.83.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.57 and $3.18, with an average price of $2.27.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $4.5, averaging $3.64.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.79 to $5.08 per kg, while oranges range from $2.15 to $6.44 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
- Fuel (Gasoline) - Gasoline is priced between $0.85 and $1.11 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A Volkswagen Golf costs $24,317.18, while a Toyota Corolla is priced between $19,597 and $22,901.57.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan ranges from 5.4% to 6.9%, averaging 6.75%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $125.24 and $322.05, averaging $204.74.
- Internet - Internet services range from $57.25 to $80.16, with an average cost of $69.9.
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"
Sundre offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are manageable, especially for those who own a vehicle, given the competitive fuel prices.
Housing costs, particularly mortgage rates, are relatively stable, making it a viable option for homebuyers.
Utilities and internet services are priced reasonably, contributing to an overall balanced monthly expense.
Conclusion
In conclusion, Sundre presents a balanced cost of living that caters to both families and individuals seeking a peaceful lifestyle.
With its affordable dining, reasonable grocery prices, and stable housing costs, Sundre is an attractive option for those looking to enjoy the tranquility of Canadian life without the high expenses of larger cities.