Cost of living in Terrace
Terrace, located in Canada, offers a unique blend of natural beauty and community living. Understanding the cost of living in Terrace is crucial for both current residents and those considering a move to this picturesque city.
This guide provides a detailed breakdown of expenses in Terrace, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17.88 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75.08.
Grocery Prices
- Milk - Milk is priced between $1.05 and $2.86 per liter, averaging $2.33.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.41 and $2.86, with an average price of $2.66.
- Eggs (Dozen) - A dozen eggs range from $2.89 to $5.21, averaging $3.77.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.9 to $4.72 per kg, while oranges range from $1.53 to $4.71 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.58 and $3.43 per kg, and lettuce costs $2.12 to $2.85 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.43, with a monthly pass priced at $31.46.
- Fuel (Gasoline) - Gasoline is priced between $1.13 and $1.25 per liter.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1036.88 to $1072.63, averaging $1063.69.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $715.09 to $929.61, averaging $846.19.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1501.69 to $1787.72, averaging $1644.7.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1251.4 to $1430.18, averaging $1340.79.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $36.23 and $151.96, averaging $94.09.
- Internet - Internet services range from $35.75 to $64.36, with an average cost of $51.25.
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"
Terrace offers a relatively affordable cost of living compared to larger Canadian cities, with moderate housing and utility costs.
Dining out can be a bit pricey, especially at mid-range restaurants, but grocery prices remain reasonable.
Transportation costs are low, with affordable public transport options and competitive fuel prices.
Conclusion
In conclusion, Terrace provides a balanced cost of living with affordable housing and transportation, making it an attractive option for those seeking a quieter lifestyle.
While dining out may be more expensive, the overall expenses in Terrace are manageable, offering a good quality of life for its residents.
Nearby Cities
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