Cost of Living in Cold Lake - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,031 (excluding rent), and $2,067 including rent.

Family of 3: Estimated monthly costs are $2,171 (excluding rent), and $4,054 including rent.

Meal at Budget Restaurant

$18.75 CA$25.69

$11.25 CA$15.41

$37.51 CA$51.4

Three-Course Dinner for Two, Mid-Range

$61.4 CA$84.1

$45.70 CA$62.6

$108 CA$148

Fast Food Meal (McDonalds, etc)

$11.50 CA$15.75

$10.43 CA$14.28

$13.40 CA$18.36

Cappuccino

$3.68 CA$5.04

$2.88 CA$3.94

$5.03 CA$6.89

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.13 CA$2.92

$1.85 CA$2.54

$2.97 CA$4.06

Water (0.33 liter bottle)

$1.49 CA$2.05

$2.62 CA$3.59

Local Beer (0.5 liter draught)

$5.80 CA$7.95

$3.62 CA$4.96

$8.71 CA$11.93

Imported Beer (0.33 liter bottle)

$5.74 CA$7.86

$5.38 CA$7.36

$8.61 CA$11.79

Milk (1 liter)

$1.11 CA$1.52

$0.99 CA$1.35

$3.74 CA$5.12

White Bread (500g)

$2.05 CA$2.81

$1.50 CA$2.05

$4.73 CA$6.48

Rice (white) (1kg)

$3.08 CA$4.22

$1.90 CA$2.61

$4.38 CA$6.00

Eggs

$3.67 CA$5.03

$2.96 CA$4.06

$5.17 CA$7.08

Local Cheese (1kg)

$11.25 CA$15.41

$3.63 CA$4.97

$24.00 CA$32.88

Chicken Fillets (1kg)

$12.72 CA$17.43

$5.99 CA$8.20

$24.76 CA$33.92

Beef Round Steak (1kg)

$16.20 CA$22.19

$8.12 CA$11.12

$28.05 CA$38.42

Apples (1kg)

$4.56 CA$6.25

$2.13 CA$2.92

$6.42 CA$8.80

Banana (1kg)

$1.12 CA$1.54

$0.76 CA$1.04

$3.02 CA$4.13

Oranges (1kg)

$1.81 CA$2.48

$1.44 CA$1.98

$6.51 CA$8.92

Tomato (1kg)

$2.22 CA$3.05

$1.48 CA$2.03

$5.53 CA$7.57

Potato (1kg)

$2.34 CA$3.20

$0.72 CA$0.99

$5.03 CA$6.89

Onion (1kg)

$1.08 CA$1.47

$4.28 CA$5.86

Lettuce (1 head)

$2.62 CA$3.59

$1.44 CA$1.97

$3.60 CA$4.93

Water (1.5 liter bottle)

$1.95 CA$2.68

$0.73 CA$1.01

$2.92 CA$4.01

Cigarettes 20 Pack (Marlboro, Camel)

$12.29 CA$16.83

$18.21 CA$24.95

Wine (Bottle)

$13.09 CA$17.94

$8.73 CA$11.96

$21.82 CA$29.89

Local Beer (0.5 liter bottle)

$3.01 CA$4.13

$1.59 CA$2.18

$5.55 CA$7.60

Imported Beer (0.33 liter bottle)

$3.15 CA$4.32

$1.98 CA$2.72

$5.78 CA$7.92

One-way Ticket (Public Transport)

$2.35 CA$3.22

$1.88 CA$2.58

$2.56 CA$3.50

Public Transport Monthly Pass (Regular Price)

$63.8 CA$87.4

$52.0 CA$71.2

$63.8 CA$87.4

Taxi Start (Normal Tariff)

$3.10 CA$4.24

$2.88 CA$3.95

$4.32 CA$5.91

Taxi (Normal Tariff) (1km)

$1.71 CA$2.34

$1.06 CA$1.45

$3.52 CA$4.83

Taxi 1hour Waiting (Normal Tariff)

$23.24 CA$31.83

$21.95 CA$30.08

$43.91 CA$60.2

Gasoline (1 liter)

$1.01 CA$1.38

$0.86 CA$1.18

$1.11 CA$1.53

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$25.8K CA$35.3K

$25.4K CA$34.8K

$32.1K CA$44.0K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$22.7K CA$31.1K

$20.6K CA$28.2K

$26.3K CA$36.0K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$203 CA$278

$139 CA$190

$315 CA$431

SIM Card Monthly Plan (Calls and 10GB+ Data)

$44.02 CA$60.3

$21.68 CA$29.70

$86.7 CA$119

Internet (50+ Mbps, Unlimited Data)

$64.9 CA$88.9

$47.64 CA$65.3

$99.0 CA$136

Gym Membership (Monthly)

$41.93 CA$57.5

$18.42 CA$25.24

$55.3 CA$75.7

Cinema Ticket

$13.03 CA$17.86

$10.86 CA$14.88

$18.11 CA$24.81

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$704 CA$965

$335 CA$459

$1,266 CA$1,734

International Primary School, 1 Child (Yearly)

$11.8K CA$16.2K

$5,178 CA$7,093

$22.2K CA$30.4K

Jeans (Levis 501 Or Similar)

$29.49 CA$40.41

$27.28 CA$37.37

$73.7 CA$101

Summer Dress (H&M, Zara, etc)

$36.37 CA$49.83

$21.82 CA$29.90

$69.3 CA$94.9

Sport Shoes (Adidas, Nike)

$56.2 CA$77.0

$48.71 CA$66.7

$112 CA$154

Men's Leather Business Shoes

$90.9 CA$125

$50.9 CA$69.8

$145 CA$199

1-bedroom Apartment, City Center (Monthly)

$899 CA$1,231

$729 CA$998

$1,093 CA$1,497

1-bedroom Apartment, Outside City Center (Monthly)

$873 CA$1,195

$654 CA$897

$1,091 CA$1,494

3-bedroom Apartment, City Center (Monthly)

$1,625 CA$2,227

$1,125 CA$1,541

$1,875 CA$2,569

3-bedroom Apartment, Outside City Center (Monthly)

$1,527 CA$2,092

$754 CA$1,032

$1,951 CA$2,673

Average Monthly Net Salary (After Tax)

$3,137 CA$4,298

20-Year Fixed Mortgage Interest Rate (Annual %)

6.08

4.45

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: April 12, 2026

Cold Lake Median Internet Speeds (Updated April 2026)

Mobile

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🌎 North america

Cost of Living in Cold Lake - Frequently Asked Questions

Cold Lake offers a balanced mix of small-city conveniences and outdoor surroundings. Cost of Living in Cold Lake is typically more approachable than in larger metros, especially for housing and groceries, while reliable services and a crisp seasonal rhythm stay solid. The value tends to show for those who prioritize proximity to nature, shorter commutes, and a family-friendly, tight-knit feel. With a flexible plan, you can optimize the week by choosing a walkable neighborhood near essentials and using local markets for fresh produce. Tip: map a week-by-week plan and explore nearby coworking spaces early.

Daily life in Cold Lake centers on practicality and outdoors. Housing ranges from walkable duplexes near the lakefront to quiet newer streets away from the bustle, with options that suit short or longer stays. Food options include dependable grocery stores and seasonal markets, plus casual cafes. Transport leans car-friendly, with bike routes and some bus service to connect neighborhoods. For work life, there are cozy coworking spots and quiet libraries. Cold Lake living cost stays reasonable when you cook at home and time errands by geography. Tip: cluster chores by neighborhood to save time and fuel.

Quality of life in Cold Lake comes from balance: clear seasons, lake recreation, and a grid of practical services. A simple budgeting framework helps: allocate essentials first (shelter, food, transport), assign a flexible personal fund for activities, and build a small buffer for seasonal shifts. Think about neighborhood fit by proximity to the lake, to coworking spaces, or to shopping hubs. In winter, plan for energy use and gear storage; in summer, enjoy outdoor markets and outdoor spaces. Tip: test neighborhoods by visiting at different times of day and week to feel cadence and crowds.