Is it cheaper to live in Edmonton or Toronto?

Cost of living in Edmonton (Canada) is 13% cheaper than in Toronto (Canada)

Is Edmonton more expensive than Toronto?

You would need around 5,433.17C$ in Edmonton to maintain the same standard of life that you can have with 6,500.00C$ in Toronto (assuming you rent in both cities).

Cost of Living Comparison Between Toronto and Edmonton.

City Cost of Living Index
Edmonton 73.58
Toronto 74.85
New York, NY 100
Prague 49.35

Is it cheaper to live in Edmonton?

A single person estimated monthly costs are 950$ (1,193C$) without rent. Edmonton is 26.96% less expensive than New York (without rent). Rent in Edmonton is, on average, 70.29% lower than in New York.

Cost of Living in Edmonton.

Restaurants Edit
Meal, Inexpensive Restaurant 20.00C$
Meal for 2 People, Mid-range Restaurant, Three-course 80.00C$

How much money do you need to live comfortably in Edmonton?

Once debt and savings are tallied, you’ have to make at least $3,265 a month to live comfortably in Alberta’s capital city. That comes out to $39,180 a year.

Is Edmonton colder than Toronto?

Edmonton definitely is colder than Toronto, temperature wise (you’re more likely to get -20 to -30 temps in Edmonton more often than Toronto, but it’s humid in Toronto, so, sometimes -10 in Toronto feels like -20. )

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Is Toronto bigger than Edmonton?

Metropolitan Edmonton has a population of 1.5 million. It is much smaller than Toronto so it is not as busy and it is a lot easier to get around. Edmonton has a much younger growing population with an average age of 37 and Toronto is about 41.

Is Edmonton a good place to live?

Most people who move to Edmonton are impressed by the friendliness of Edmontonians. In 2014 Money Sense magazine ranked Edmonton as the 8th most livable location in Canada in terms of its economy, amenities, real estate market, weather, and attractions.

Is rent in Edmonton expensive?

The cost to rent in Edmonton ranges from nearly $900 per month to $4,000 per month. The smallest flats tend to be the least expensive, starting at $900 per month for a studio and about $1,000 per month for a one-bedroom flat.

Is it more expensive to live in Alberta or Ontario?

Almost every aspect of living in Alberta is cheaper than living in Ontario. On average the purchasing power in Ontario is 25% lower than that in Alberta. … Even food and entertainment are cheaper in Alberta than they are in Ontario.

Is Edmonton poor?

As the level of government closest to the people, the City of Edmonton continues to put poverty elimination as a priority. Edmonton’s prosperity has not reached everyone. More than 100,000 Edmontonians live in poverty—30,000 of them are children.

Is it cheaper to live in Edmonton or Calgary?

The cost of living is about the same in both cities, although housing costs are more expensive in Calgary. According to Numbeo, you will pay just under CA$5,385 in Edmonton for the lifestyle that in Calgary will cost you about CA$5,500, and the difference will be mostly because of the rent.

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How is life in Edmonton?

Residents of Edmonton enjoy the highest average household income in Canada with an affordable cost of living. Taxes are lower, and there is no provincial sales tax (PST). On average, Edmontonians have more disposable income than most other Canadians. Edmonton also has the lowest gasoline and diesel prices in Canada.

Is Edmonton cheaper than Vancouver?

Cost of living in Edmonton (Canada) is 16% cheaper than in Vancouver (Canada)