Cost of Living in Red Deer, Canada

Updated On May 10, 2022

How Much Does It Cost to Live In Red Deer?

According to many people’s opinion, Red Deer is a great place to live, full of peacefulness and cleanness.

There are numerous attractions that Red Deer has to offer its residents and future settlers and that is why those who are in search of happy living might think about relocating here.

This is a safe place for raising a family, working and living, but before making a life decision it is good to know how expensive it is.

Cost of Living Index:
67.42
* Based on Research & User Data
Restaurants

RESTAURANTS

Like in any city, there are certainly expensive and luxurious restaurants within it that are even better than the rest and which are designed for those with higher than average budget.

If you do not earn too much, you will be able to afford a meal in an inexpensive restaurant for $14 per person.

Markets

MARKETS

The economic growth has created many job opportunities in Red Deer, but at the same time caused that food prices increase.

So as to be able to save some money on this, you should consider eating at home, purchasing foodstuff at the market and preparing meals yourself.

Transportation

TRANSPORTATION

When thinking about monthly costs, transportation is one of those more important ones.

No matter if you possess a car and will be driving here, or you will use public transportation for commuting, you will need to devote pretty much money to it.

However, public transport would definitely be less expensive.

Utilities

UTILITIES (MONTHLY)

Besides paying the high rents in Canada, there are other costs to be pay in addition to it.

Heating will make your bills higher during winter months, while in general, the price of electricity, garbage and telephone service would cost you $150 per month.

If you want the Internet access, additional $60 would be necessary.

Sports and leisure

SPORTS & LEISURE

Red Deer provides clean, happy living for all who are located there and sports people can enjoy its beauties while doing outdoor activities.

Fitness club fees are not expensive, tennis courts rent price is the same as in the other parts of Canada and numerous forms of entertainment are also available here.

Clothing and shoes

CLOTHING & SHOES

When it comes to clothes, you will need to choose what is perfect for you and your family and according to that decision, you will need to pay for it.

Designer clothing items are definitely more pricey, but still affordable here than in some more developed cities in Canada.

Rent per month

RENT PER MONTH

Housing costs vary depending on whether you own a home or rent an apartment, and it is sure that people who possess their houses can afford better standard of living.

Rent is not too expensive here as in other major Canadian cites, but you will still need to provide more money if you are renting a larger apartment.

Cost of Living Averages Table for Red Deer

*Note: All prices are indicated in USD.
Average Restaurant Prices
Meal (Inexpensive Restaurant)$13.49
Domestic Beer (0.5 Liter)$4.54
Water (0.33 Liter)$1.46
Average Market Prices
Milk (1 Liter)$5.76
Loaf Bread (500g)$1.84
Eggs (12)$2.45
Average Transport Prices
One Way Ticket$1.93
Monthly Pass$52.97
Gasoline$3.49
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling)$137.52
1 min. of Prepaid Mobile Tariff Local$0.27
Internet (Unlimited Data, Cable/ADSL)$57.85
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult$29.72
Tennis Court Rent (1 Hour)$18.92
Cinema, 1 Seat, International Release$10.59
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable)$46.92
1 Summer Dress in a Chain Store (Zara, etc...)$31.87
1 Pair of Adidas Walking Shoes (Mid-Range)$77
Average Rent Prices
Apartment (1 bedroom) in City Center$723.08
Apartment (1 bedroom) Outside of Center$669.21
Apartment (3 bedrooms) in City Center$1106.69

How Does the Average Person Spend Their Money in Red Deer?

As in any other city, the main costs of living in Red Deer include housing, food, and transportation besides other important spendings such as utilities, entertainment and sports.

By getting familiar with its citizens spendings, you can use that information to plan your own monthly budget.

Food and rent take the most of money, as well as restaurants, even though they are expensive.

Transportation and utilities would together take 20% of your monthly budget.

Average Costs Breakdown

15.4%
32.3%
10.1%
10%
4.9%
2.4%
25%

Red Deer: Average Salary, Minimum Wage & Mortgages

If you are thinking of moving to Red Deer, you can expect to meet with the new way of life which might not be the same as in your home country.

So as to be able to settle well and do not face problems after arrival you should prepare yourself for the possible unexpected costs and make sure that your salary would be high enough to cover them.

If you are planning to rent an apartment there, your salary should be at least average so as to be able to survive the whole month.

Average Salary$2659.75
Minimum Wage$1467.9
Mortgage Interest Rate3.55%

Cost of Living by City in Red Deer

CityCost of Living Index
Abbotsford58.95
Barrie77.37
Brampton68.79
Burlington73.13
Burnaby64.94
Calgary68.93
Coquitlam67.43
Edmonton67.03
Halifax70.88
Hamilton60.75
Kelowna66.6
Kingston66.45
Kitchener58.93
London59.15
Mississauga65.08
Moncton61.15
Montreal63.52
Nanaimo, BC65.28
Oshawa65.44
Ottawa62.88
Quebec City66.1
Regina68.46
Saskatoon74.26
St. John’s, NL74.05
Surrey59.18
Toronto70.19
Vancouver69.63
Victoria66.17
Windsor64.42
Winnipeg63.15

Where to Next?

See these related locations:

Or, browse the country/city indexes:

Cost of Living - Country Index Cost of Living - City Index

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