| Index | Onoway | Alberta | National | 
| Cost of living | 84 | 100 | 100 | 
| Goods & Services | 104 | 105 | 100 | 
| Groceries | 97 | 99 | 100 | 
| Health care | 98 | 101 | 100 | 
| Housing | 37 | 88 | 100 | 
| Transportation | 93 | 94 | 100 | 
| Utilities | 132 | 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 | Onoway | National avg. | Difference | 
| Personal Care | $94.00 | $94.33 | 0.4% | 
| Recreation | $105.00 | $102.33 | 2.6% | 
| Item | Onoway | National avg. | Difference | 
| Meat, Poultry and Fish | $100.00 | $102.27 | 2.2% | 
| Dairy Products and Eggs | $96.00 | $104.67 | 8.3% | 
| Bakery and Cereal Products | $97.00 | $111.67 | 13.1% | 
| Fruit and Vegetables | $100.00 | $113.40 | 11.8% | 
| Alcoholic Beverages | $107.00 | $105.80 | 1.1% | 
| Item | Onoway | National avg. | Difference | 
| Doctor | $103.00 | $101.07 | 1.9% | 
| Item | Onoway | National avg. | Difference | 
| Home Price ($) | $n/a | $659,395.00 | 100.0% | 
| Apartment Rent ($) | $n/a | $2,146.00 | 100.0% | 
| Item | Onoway | National avg. | Difference | 
| Gasoline | $83.00 | $102.07 | 18.7% | 
| Item | Onoway | National avg. | Difference | 
| All Electricity | $98.00 | $98.60 | 0.6% | 
| City | Population | Cost of Living Index | National Avg. | 
| Sandy Beach, AB | 299 | 82 | 17.6% | 
| Yellowstone, AB | 140 | 84 | 15.6% | 
| Wabamun, AB | 698 | 85 | 15.3% | 
| West Cove, AB | 156 | 85 | 14.7% | 
| Alberta Beach, AB | 1,063 | 85 | 14.6% | 
| Onoway, AB | 1,016 | 84 | 15.6% | 
| City | Population | Cost of Living Index | National Avg. | 
| Merrill, IA | 1,016 | n/a | |
| Burrton, KS | 1,016 | n/a | |
| Mount Vernon, MD | 1,016 | n/a | |
| New Franklin, MO | 1,016 | n/a | |
| Greene, RI | 1,016 | n/a | |
| Onoway, AB | 1,016 | 84 | 15.6% |