| Index | Innisfail | Alberta | National |
| Cost of living | 92 | 97 | 100 |
| Goods & Services | 105 | 105 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 105 | 101 | 100 |
| Housing | 62 | 78 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 113 | 122 | 100 |
| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| State | General Sales Tax | With Max Surtax |
| Alberta | 0% | 5% |
| State | Income Tax (Low) | Income Tax (High) |
| Alberta | 10% | 15% |
| Item | Innisfail | National avg. | Difference |
| Personal Care | $101.00 | $95.07 | 6.2% |
| Recreation | $105.00 | $101.73 | 3.2% |
| Item | Innisfail | National avg. | Difference |
| Meat, Poultry and Fish | $104.00 | $102.47 | 1.5% |
| Dairy Products and Eggs | $103.00 | $106.00 | 2.8% |
| Bakery and Cereal Products | $101.00 | $111.87 | 9.7% |
| Fruit and Vegetables | $105.00 | $112.87 | 7.0% |
| Alcoholic Beverages | $102.00 | $106.80 | 4.5% |
| Item | Innisfail | National avg. | Difference |
| Doctor | $104.00 | $101.07 | 2.9% |
| Item | Innisfail | National avg. | Difference |
| Home Price ($) | $413,823.00 | $665,961.00 | 37.9% |
| Apartment Rent ($) | $n/a | $2,146.00 | 100.0% |
| Item | Innisfail | National avg. | Difference |
| Gasoline | $88.00 | $102.53 | 14.2% |
| Item | Innisfail | National avg. | Difference |
| All Electricity | $105.00 | $98.80 | 6.3% |
| City | Population | Cost of Living Index | National Avg. |
| Red Deer County, AB | 21,767 | 91 | 9.4% |
| Bowden, AB | 1,214 | 92 | 8.4% |
| Penhold, AB | 3,849 | 92 | 8.2% |
| Innisfail, AB | 8,040 | 92 | 8.1% |
| City | Population | Cost of Living Index | National Avg. |
| Ilion, NY | 8,039 | n/a | |
| Campbell, OH | 8,042 | n/a | |
| Lac-Beauport, QC | 8,037 | 87 | 13.2% |
| Aberdeen, NC | 8,036 | n/a | |
| Mechanicstown, NY | 8,044 | n/a | |
| Innisfail, AB | 8,040 | 92 | 8.1% |