Is Edmonton Affordable? - Edmonton Cost of Living (2024)

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Are you curious about the cost of living in Edmonton? If you are moving to Edmonton from another province, then the answer is probably yes! Edmonton is a great city but can you afford to live here?
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Alberta gained another 17,000 people from other provinces in Q3 of 2023. Edmonton and Calgary are Alberta's two major cities and many people are trying to decide which one is going to be best for them.
In this video, we'll explore Edmonton's true cost of living, to hopefully assist you with that decision.
1. Housing - How much do homes cost and how much is the average rent?
2. Taxes - Sales Tax, Property Tax, Land Transfer Tax, and Income Tax
3. Utilities - Water, Electricity, and Heat
4. Food and Entertainment - Cost of dining at a restaurant, going to hockey games, and local events
5. Transportation - Public Transit, Tax on buying a car, Gas Prices
Subscribe for more videos coming soon about Edmonton and the surrounding area.
If you have any questions about the area, reach out to me anytime!
Cheers and happy moving to Edmonton 🏡🌟

Опубликовано:

13 июл 2024

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Комментарии : 53

@Evan_Cochlin 5 месяцев назад

🗓 Book a Call: calendly.com/evancochlin/introduction-call 📲 Text/Call me directly: 780-221-9232 📧 Email: evan@rivervalleyrealty.ca

@burakfatihdemirtas7941 3 месяца назад

Last year I moved from BC to Edmonton and am very disapointed about my decision. First, I was employed until November and then I lost my job and suffered unemployment throughout the winter. It has led to a huge drain on my savings. Secondly, the car insurance prices are over the roof compared to BC. I personally had to pay $200 more. On top of that, I have left my social circle back in BC, now suffering from loneliness. It did not work out for me, I am still looking for a job to pay the bills. However, I have learned from my lesson that the only free cheese is in the mouse trap and you are the mouse to be trapped in Alberta. That's why they are calling you to move.

@Evan_Cochlin 3 месяца назад

Sorry to hear about the job loss... That is very difficult and I hope you are able to find a new job soon. Feel free to reach out if you'd like to grab a coffee sometime. I am always open to making new friends!

@nikkibelair8899 2 месяца назад

Alberta is literally the worst place for jobs unless you work the trades.

@georgec6405 3 месяца назад

give it a year and edmonton will be unaffordable due to the influx of people from BC and Ontario. if your in Alberta already get on buying that house before our market is ruined.

@Evan_Cochlin 3 месяца назад

I don't disagree, we are seeing prices rising pretty quick. Especially in Calgary! Not a bad idea to jump on something before it gets too crazy.

@tkamel18 26 дней назад

Is it possible to buy property in Edmonton as a US-born citizen? I live in Houston and travel to Calgary/Edmonton often for business. I like Edmonton more than Calgary as a summer city (although I also like Banff being close to Calgary!)…looking to buy a second property there for the summers to escape the intense heat/humidity here in Houston from June-September

@Evan_Cochlin 26 дней назад

At the moment, non-Canadians are not allowed to buy residential property in Canada unless they are studying, working, or refugees here. Check out this link for more information: www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/consultations/prohibition-purchase-residential-property-non-canadians-act

@NorrthStar 28 дней назад

If you live in Edmonton then I’d like you to do walking vlogs

@Evan_Cochlin 26 дней назад

Thanks for the suggestion!

@muhammadshamimhasan8018 6 месяцев назад

Thanks for the important information. Without a car is it possible to survive in the winter season for a family with one toddler?

@Evan_Cochlin 6 месяцев назад

It is absolutely possible. You might find it very inconvenient for your commute to work, though. If you are planning to live here without a vehicle, the location of your home will be very important so that you are not far away from essentials like grocery stores.

@lincolnmarklt 3 месяца назад

Lol. No. Don't come here.

@pallavisrivastava2187 2 месяца назад

Impossible

@ericaholm4657 2 месяца назад

Personal experience, no absolutely not

@stayroxy Месяц назад

possible yes but it would be a very poor quality of life, the transport here is awful without a car

@pentasus1 4 месяца назад

i considering to move edmonton with my family. I have a daughter and she is 7 years old. I need to know that What should I pay attention to when choosing a school?

@Evan_Cochlin 4 месяца назад

It's hard to judge a school from the outside and every school will have some great teachers. One tool you can use is the Fraser Institute School Rankings: www.compareschoolrankings.org/ My recommendation is pick a good area/neighbourhood to live, and the designated school will most likely be a reflection of that area. If you'd like any more help, feel free to reach out and I'd be happy to chat. 780-221-9232 evan@rivervalleyrealty.ca

@lincolnmarklt 3 месяца назад

Please stay where you are.thanks

@ericaholm4657 2 месяца назад

Don't. The current government has really messed with the school system. The curriculum has really gone downhill.

@Daniellasanche Месяц назад

Don't go to school, homeschool. Gov schools are garbage

@bleulung Месяц назад

Not if you are on AISH. Trying to get my Sister in Law into an apartment and she is on AISH. Even if my wife were to BUY a cheap condo and charge her only what our expenses are it would be beyond her bodget. I currently pay less for my Mortgage, Property Taxes and insurance than the average price for a 2BR Apartment here. I bought this house in 2013.

@Evan_Cochlin Месяц назад

I can understand and appreciate how difficult it must be to deal with today's cost of living while on AISH. Hoping your sister in-law is able to find some subsidized housing to keep her comfortable.

@EmilyRose1 6 месяцев назад

I’m moving to Edmonton in the new year from Vancouver. Absolutely no way I’m staying in Bc given the rising prices. Do I need a car?

@MustyBastard 6 месяцев назад

yes, that or an ebike. I own a house in Crystalina Nera and it has a pretty bad walk score, but I can get pretty much get anywhere on a good ebike. Even downtown in 20 minutes or less.

@Evan_Cochlin 6 месяцев назад

Some people make it work without a vehicle. However, the transit system here is very mediocre and nowhere near as good as Vancouver. You'll probably find it to be quite inconvenient without a car, especially when it is mid-winter and you are waiting at a bus stop in the freezing cold. - Our winters can be harsh.

@lincolnmarklt 3 месяца назад

Please stay there. Do you need a car? Lolololololol

@lincolnmarklt 3 месяца назад

@@Evan_Cochlinplus if you ride the transit you're likely to get stabbed or shot or worse

@NorrthStar 28 дней назад

I’ll be landing in Edmonton in July, switched my landing zone from Winnipeg , did I make a mistake? Also would you be interested in having a chat? I’ll be a new arrival from London Uk

@Evan_Cochlin 27 дней назад

Personally, I am not a fan of Winnipeg. I think you made the right decision. Happy to have a chat, reach out to me at my cell anytime +1(780)221-9232 or schedule a call directly to my calendar using this link - calendly.com/evancochlin/introduction-call

@MrJBest78 Месяц назад

I sadly can’t afford to pay rent anywhere and I can’t afford to buy groceries. I don’t think that it’s exclusive to Edmonton or anywhere in Canada.

@Evan_Cochlin Месяц назад

I am very sorry to hear that. Cost of living has definitely increased across the country. I hope things get better for you soon.

@bensonebukabensoniloani 13 дней назад

Hey Evan, my friend, I'll be moving to canada in December. Just got my PR, and I'm excited, and I'm still undecided about what province to settle in. I'm coming in from Nigeria. What do you advise?

@Evan_Cochlin 11 дней назад

Alberta has affordable housing, cost of living is reasonable, and the economy is strong. British Columbia is an absolutely beautiful province, but life is generally more expensive there. Those 2 provinces would be my top recommendations for you, each person will have their own opinions and it depends what you are looking for and what type of employment you are seeking.

@bensonebukabensoniloani 9 дней назад

@Evan_Cochlin thanks for the response, bro. I'm with the medical field... I'm edging towards edmonton ATM. I was just 70% on my decision previously... but with your alberta suggestion, I'm now 90% .Wish me luck. If I decide on edmonton, please, where would you recommend a fresher starts off? Re: affordable housing for rent. I'm married so,just coming with my wife.

@Evan_Cochlin 5 дней назад

@@bensonebukabensoniloani anytime man! Reach out to me directly if you decide on Edmonton and I'll help you pick a good area to start out. email: evan@rivervalleyrealty.ca cell: 780-221-9232

@bensonebukabensoniloani 3 дня назад

@Evan_Cochlin thanks alot bro. Means alot. Will do! 👍

@link2299 14 дней назад

1:30 Without a shadow of a doubt, the reason why Calgary will and should always cost more than Edmonton, is location. Calgary is a 1h drive to what is generally considered one of the, if not the most beautiful locations in Canada, The Rocky Mountains. Edmonton is a 4h drive from anything that isn't a flat farmers field and for a lot of people, that just isn't acceptable quality of life. Also, Edmonton's airport is probably the worst set up in any city over 1m people, possibly in the world. Edmonton's airport has very few international destination, almost all trips travel to Calgary, Vancouver, or Toronto, unless you're going Cancun, almost guaranteed, you have a layover. The same is absolutely not true from Calgary. Also, Edmonton's airport is a 30+ minute drive south of the city, and get this, even if you live on the South side of the city, it costs $75 each way in taxi to get to the airport. That is actually attrocious and unacceptable, but won't be fixed for another hundred years due to bad planning. Compare that to Vancouver, you can take a $4 train from anywhere in the city to the airport in half the time. Much like most major cities in the world.

@Evan_Cochlin 11 дней назад

I agree that Calgary's location is better, being so close to the mountains and having more options at the airport are both very nice. However, many people are willing to drive the extra 2.5 hrs to the mountains and take a connecting flight when traveling if it means saving 200K on the price of their home.

@gartnerl 3 месяца назад

Only a fool would move to edmonton or Alberta.crime is off the charts..jobs are gone During the boom it was awesome, tons of jobs, but Alberta is not the golden land it was, Prices are thru the roof, jobs are gone, foreigners are taking over, utilities & food are ridiculous.. If you don't already live here...stay where you are to avoid disappointment... Lived here all my life & if I could afford to leave I'd be out of here.

@Evan_Cochlin 3 месяца назад

Which province would you go to?

@gartnerl 3 месяца назад

@@Evan_Cochlin If I could pick somewhere to go it would be Europe...No Trudeau there...Until the Gov't changes...things in Canada will only get worse...

@RideOrDieClaire 2 месяца назад

@@gartnerlAGREED

@RPicard1963 2 месяца назад

More Alberty whining...everything is Trudeau's fault. Change the record already.

@leetree20 Месяц назад

@@gartnerldo you really think Europe is a golden place? Man, you have no idea, I come from Europe, it turned into a shit hole with people pouring in who don’t mix well with the western cultures, the shit they did there to people during the past 4 years weren’t any different what was done to people here. People in North America romanticize Europe the same way Europeans romanticize North America

@LOU-bg2wu 4 месяца назад

Mannn im moving to EDMONTON tiredd of TORONTO🏃‍♂️🏃‍♂️🏃‍♂️

@Evan_Cochlin 4 месяца назад

I have spoken to a several people saying the same thing man! If you'd like someone to help show you around, let me know 🫡

@LOU-bg2wu 4 месяца назад

@@Evan_Cochlin 👍

@botanistreviewer978 2 месяца назад

Leave your politics in Toronto.

@palala316 Месяц назад

That’s what people don’t get.They keep telling people to move to Edmonton where right now they ain’t much jobs for people,Prices keep going up.Things are about to get way worse In Edmonton,you watch and see.The grass is never greener.My land tax just increase by $40.Car insurance is expensive.Canada is not what it use to be,that’s why people are leaving.

@Evan_Cochlin Месяц назад

Things have been getting more expensive across the country for sure. At least for housing, Edmonton is still more affordable than Vancouver and Toronto. Prices are going up, and this might not be the case in 5 years.