๐Ÿ’ธ Cost of living ยท Alberta

Cost of living in Edmonton 2026

Renting a two-bedroom apartment in Edmonton costs about $1,598 a month (CMHC, October 2025). That is about 20% of the median household income of $96,000.

2-bedroom rent$1,598CMHC, Oct 2025
1-bedroom rent$1,301
Median household income$96,0002020, before tax
Rent as share of income20%2-bedroom ร— 12 รท median income
Regular gas162.5ยข/LEdmonton
Inflation+3.5%Edmonton
Owners' monthly costs$1,700median, 2021
Median home value$400,0002021 Census

Rent by apartment size

Bachelor$1,108
1 bedroom$1,301
2 bedrooms$1,598
3+ bedrooms$1,802

Grocery prices in Alberta

Eggs, 1 dozen$5.19
Milk, 4 litres$6.61
White bread, 675 grams$3.61
Ground beef, per kilogram$18.19
Chicken breasts, per kilogram$15.55
Bananas, per kilogram$2.08
Roasted or ground coffee, 340 grams$9.21
Butter, 454 grams$5.83

All grocery prices in Alberta โ†’

Sources: CMHC Rental Market Survey; Statistics Canada, Table 98-10-0061-01; Statistics Canada, Table 18-10-0245-01; Statistics Canada, Table 18-10-0001-01; Statistics Canada, Table 18-10-0004-01

FAQ

Questions

What is the cost of living in Edmonton?

In Edmonton, the average two-bedroom rent is $1,598 a month and a one-bedroom is $1,301 (CMHC, October 2025). The median household income is $96,000 (2021 Census). Regular gas costs about 162.5ยข a litre.

How much do you need to live in Edmonton?

A common rule of thumb is to spend no more than 30% of income on housing. At $1,598 a month for a two-bedroom, that means a household income of about $63,920 a year.