The Cost of Living in Calgary: A Complete Breakdown

Going overseas to Calgary to study or planning to relocate? One of the main financial considerations while deciding which place to settle in is the cost of living. Calgary is mostly dependent on the oil and gas sector, and the state of the economy often affects housing pricing. Right now, while the sector is emerging from the recession, rent and home prices are highly competitive. Calgary ranks 1896th out of 9294 on a global list, 23rd out of 153 in Canada, and 2nd out of 10 in Alberta, with an average cost of $1928.

This article covers the cost of living in Calgary. So, stay tuned to us, till the end.

Why to Live in Calgary?

There are many factors to take into account when moving to Calgary. The following are some of the benefits when traveling to Calgary.

• Welcoming City: As per a Big 7 Travel online survey, Calgary is the 6th most welcoming city in Canada. Many people in the survey expressed their love for the city's sense of community.
• Studying in Calgary has several benefits, such as a high standard of living, a thriving economy, and an embracing, diverse community. Calgary comes in 2nd place when it comes to post-secondary credentials, which include degrees from universities, apprenticeships, diplomas, and certificates.
• Calgary is ranked 3rd in the world for livability and is a popular destination for foreign students looking to study and immigrate to Canada.
• Calgary has a reputation for being the world's cleanest city! Its outstanding track record has been earned by its clean sewage system, safe drinking water, and low levels of air pollution. Furthermore, significant routes (about 15,000 kilometers of roadways) are cleaned in the spring, significant fines for littering (up to $1000) are imposed, and a great disposal program is in place.

What is the Average Cost of Living in Calgary?

You'll be happy to learn that the Calgary, Canada cost of living is reasonable if you're searching for a reasonably priced place to call home. Without rent, the cost of living in Calgary for a family of 4 is expected to be ₹3,39,375 per month and a single person's projected monthly expenses in Calgary come to ₹96,177. The below table demonstrates the average cost of living in Calgary, Canada.

Also Read: Cost of Living in Canada for Indian Students and Expats

Cost of Living in Calgary Alberta

Calgary ranks 3rd globally in livability, making it a top choice for international students seeking to study and immigrate to Canada. The Calgary, Alberta cost of living varies based on location, and personal preferences. Here is the explained living cost in Calgary, Canada:

1. Calgary Living Expenses: Housing Expense

Calgary is a beautiful city with a diverse range of neighborhoods, each with its unique charm. If you're considering living alone, you may want to consider a studio apartment downtown. With rental rates averaging around $1,000 per month, it's an affordable option for those on a budget.

If you're looking to establish long-term roots in Calgary, you'll be pleased to know that there is now an ample supply of properties available. Whether you're looking for a small apartment or a large family home, there is something for everyone.

2. Calgary Living Expenses: Transportation

Calgary's public transit system may not be as extensive as that of other large Canadian cities. Therefore, owning a car can be a big asset because it can help lower the total cost of living in the area.

If you don't own a car, Uber and taxi services are widely available in the city. However, Car2Go is also a viable option for short trips. Renting one of these shared cars might be far less expensive than using a cab.

3. Calgary Living Expenses: Healthcare

Upon obtaining an International Experience Canada (IEC) two-year working visa, inhabitants can apply for Alberta healthcare coverage right away.

Doctor visits are among the many medical treatments covered by the Alberta Health Care Insurance Plan (AHCIP). If this plan does not cover you, a quick visit to the doctor might end up costing you more.

4. Calgary Living Expenses: Food

If you are planning a trip to Calgary or any other Canadian city, it's important to keep in mind the Calgary living expenses. While you may be accustomed to lower prices in your home country, grocery shopping in Canada can be expensive due to a variety of factors, including import costs and taxes.

However, this doesn't mean that you have to restrict yourself to cooking at home during your trip. On the contrary, dining out at decent restaurants in Canada is relatively affordable, especially when compared to other major cities around the world. You can enjoy a delicious meal without breaking the bank, and experience the local cuisine and culture as well.

How to Manage Your Living Expenses in Calgary?

To avoid overspending in foreign countries, it's important to follow some money-saving tips. Here are some ways to handle living expenses in Calgary.

• Plan your Budget: To plan your budget, categorize your expenses into fixed and variable categories
• Part-Time Employment: While studying in Calgary, splitting your time between part-time employment and your education might help you make ends meet and maintain your budget
• Use Public Transport: Using public transport in Calgary will save you a lot of money
• Eat Self-Made Meals: Instead of eating in restaurants, self-cooked meals can save you money

Also Read: Pros and Cons of Moving To Canada From India

Get Visa and Immigration Services

This article discusses the cost of living in Calgary. The city is known for providing a high standard of living, a flourishing economy, and a multicultural community. It ranks 2nd in post-secondary credentials, making it a popular choice for international students. Calgary is widely recognized for its excellent standard of living. The cost of living in Calgary for international students is affordable.

If you're interested in studying in Calgary, Canada, or want immigration services, contact GetGIS, our professionals will assist and mentor you through the entire immigration process.

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