A+
13%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
55%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Peace River Alberta National
Cost of living87100100
Goods & Services104105100
Groceries9799100
Health care98101100
Housing4588100
Transportation9394100
Utilities132122100

Cost Of Living Quick Facts

  • The cost of living in Peace River is 13% lower than the Alberta average
  • The cost of living in Peace River is 13% lower than the national average
  • Peace River housing is 55% lower than the national average
  • Alberta general sales tax is 100% lower than the national average
  • Alberta state income tax is 19% higher than the national average

Most Affordable Places to Live in and Around Peace River

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Compare Peace River, AB Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Alberta Sales Tax

      State General Sales Tax With Max Surtax
      Alberta 0% 5%

      Alberta Income Tax

      State Income Tax (Low) Income Tax (High)
      Alberta 10% 15%

      Goods & Services

      Item Peace River National avg. Difference
      Personal Care $94.00$94.330.4%
      Recreation $105.00$102.332.6%

      Groceries

      Item Peace River National avg. Difference
      Meat, Poultry and Fish $100.00$102.272.2%
      Dairy Products and Eggs $96.00$104.678.3%
      Bakery and Cereal Products $97.00$111.6713.1%
      Fruit and Vegetables $100.00$113.4011.8%
      Alcoholic Beverages $107.00$105.801.1%

      Health Care

      Item Peace River National avg. Difference
      Doctor $103.00$101.071.9%

      Housing

      Item Peace River National avg. Difference
      Home Price ($) $n/a$659,395.00100.0%
      Apartment Rent ($) $n/a$2,146.00100.0%

      Transportation

      Item Peace River National avg. Difference
      Gasoline $83.00$102.0718.7%

      Utilities

      Item Peace River National avg. Difference
      All Electricity $98.00$98.600.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Nampa, AB3738119.3%
      Grimshaw, AB2,8928415.7%
      Peace River, AB7,2008713.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Batesville, MS7,200n/a 
      Fort Pierce North, FL7,199n/a 
      Farr West, UT7,197n/a 
      Richland, MS7,203n/a 
      Inwood, FL7,196n/a 
      Peace River, AB7,2008713.2%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.