A
Overall 9%
Goods & Services 6%
Housing 39%
Date & Last Updated: This data reflects 2019 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. If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexOkotoksAlbertaNational
Cost of living91100100
Goods & Services106105100
Groceries10099100
Health care103101100
Housing6188100
Transportation9594100
Utilities112122100

Key findings

  • The cost of living in Okotoks is 9% lower than the Alberta average
  • The cost of living in Okotoks is 9% lower than the national average
  • Okotoks housing is 39% lower than the national average
  • Alberta sales tax is 100% lower than the national average
  • Alberta income tax is 19% higher than the national average

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      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

      ProvinceProvincial TaxTotal Tax Rate
      Alberta0%5%

      Alberta Income Tax

      ProvinceIncome Tax (Low)Income Tax (High)
      Alberta10%15%

      Goods & Services

      ItemOkotoksNational avg.Difference
      Personal Care 103949.2%
      Recreation 1051022.6%

      Groceries

      ItemOkotoksNational avg.Difference
      Meat, Poultry and Fish 1031020.7%
      Dairy Products and Eggs 1021052.5%
      Bakery and Cereal Products 9911211.3%
      Fruit and Vegetables 1041138.3%
      Alcoholic Beverages 1011064.5%

      Health Care

      ItemOkotoksNational avg.Difference
      Doctor 1031011.9%

      Housing

      ItemOkotoksNational avg.Difference
      Home Price ($) 403,890663,50339.1%
      Apartment Rent ($) n/a1,274100.0%

      Transportation

      ItemOkotoksNational avg.Difference
      Gasoline 8510216.7%

      Utilities

      ItemOkotoksNational avg.Difference
      All Electricity103994.5%
      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

      CityPopulationCost of Living IndexNational Avg.
      Longview, AB33785-15%
      High River, AB14,88886-14%
      Black Diamond, AB2,96886-14%
      Turner Valley, AB2,87089-11%
      Foothills No. 31, AB24,56311111%
      Okotoks, AB32,52691-9%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      North Cowichan, BC32,42095-5%
      Orangeville, ON32,66896-4%
      Orillia, ON32,22292-8%
      Val-d'Or, QC32,86982-18%
      Fort Erie, ON32,97090-10%
      Okotoks, AB32,52691-9%
      Source: The Okotoks, AB data and statistics displayed above are derived from Statistics Canada 2020.