Last update: Nov 2026

Cost of Living Comparison Between Calgary and Banos

For one person, living is cheaper in Banos: $818 a month against $2,297 in Calgary, rent and utilities included – about $17,700 less a year. Rent and utilities account for most of the difference.

110

Cost of Living Index in Calgary
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Calgary Living Index
39

Cost of Living Index in Banos
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Banos Living Index

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Calgary

🇨🇦 Canada

$2,297

/mo nomad

Banos

🇪🇨 Ecuador

$818

/mo nomad

Monthly Cost of Living

How much you'll spend in Calgary and in Banos

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Calgary and in Banos actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,297 in Calgary versus $818 in Banos.

Calgary $2,297
Banos $818

Estimated couple costs with rent: $3,378 in Calgary versus $1,291 in Banos.

Calgary $3,378
Banos $1,291

Monthly costs for a family of three with rent: $4,459 in Calgary versus $1,764 in Banos.

Calgary $4,459
Banos $1,764

Living in Calgary is roughly 181% more expensive than in Banos, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Calgary is 70% above, Banos is 39% below.

Meal at Budget Restaurant

$17.94 CA$25.15

$2.80 $2.80

540.71%

Three-Course Dinner for Two, Mid-Range

$68.9 CA$96.5

$29.80 $29.80

131.11%

Fast Food Meal (McDonalds, etc)

$10.94 CA$15.33

$5.15 $5.15

112.43%

Cappuccino

$3.70 CA$5.19

$2.56 $2.56

44.53%

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

$2.07 CA$2.90

$0.93 $0.93

122.58%

Water (0.33 liter bottle)

$2.04 CA$2.86

$0.73 $0.73

179.45%

Local Beer (0.5 liter draught)

$5.74 CA$8.05

$3.05 $3.05

88.20%

Imported Beer (0.33 liter bottle)

$5.70 CA$7.99

$2.04 $2.04

179.41%

Milk (1 liter)

$1.98 CA$2.77

$1.00 $1.00

98.00%

White Bread (500g)

$2.65 CA$3.71

$1.92 $1.92

38.02%

Rice (white) (1kg)

$5.84 CA$8.18

$0.86 $0.86

579.07%

Eggs

$3.81 CA$5.35

$1.46 $1.46

160.96%

Local Cheese (1kg)

$10.81 CA$15.15

$6.81 $6.81

58.74%

Chicken Fillets (1kg)

$11.02 CA$15.45

$4.99 $4.99

120.84%

Beef Round Steak (1kg)

$17.87 CA$25.06

$5.84 $5.84

205.99%

Apples (1kg)

$4.88 CA$6.84

$1.47 $1.47

231.97%

Banana (1kg)

$1.45 CA$2.03

$0.52 $0.52

178.85%

Oranges (1kg)

$4.15 CA$5.82

$0.98 $0.98

323.47%

Tomato (1kg)

$3.99 CA$5.59

$0.95 $0.95

320.00%

Potato (1kg)

$2.93 CA$4.10

$0.52 $0.52

463.46%

Onion (1kg)

$3.02 CA$4.24

$0.98 $0.98

208.16%

Lettuce (1 head)

$2.67 CA$3.74

$0.51 $0.51

423.53%

Water (1.5 liter bottle)

$1.57 CA$2.20

$1.01 $1.01

55.45%

Cigarettes 20 Pack (Marlboro, Camel)

$14.11 CA$19.77

$6.08 $6.08

132.07%

Wine (Bottle)

$15.45 CA$21.66

$12.07 $12.07

28.00%

Local Beer (0.5 liter bottle)

$2.50 CA$3.51

$1.51 $1.51

65.56%

Imported Beer (0.33 liter bottle)

$3.18 CA$4.45

$2.18 $2.18

45.87%

One-way Ticket (Public Transport)

$2.85 CA$3.99

$0.34 $0.34

738.24%

Public Transport Monthly Pass (Regular Price)

$90.2 CA$126

Taxi Start (Normal Tariff)

$3.16 CA$4.43

$1.27 $1.27

148.82%

Taxi (Normal Tariff) (1km)

$1.41 CA$1.97

$1.23 $1.23

14.63%

Taxi 1hour Waiting (Normal Tariff)

$27.46 CA$38.49

$12.13 $12.13

126.38%

Gasoline (1 liter)

$1.18 CA$1.66

$0.89 $0.89

32.58%

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

$27.9K CA$39.1K

$22.8K $22.8K

21.98%

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

$21.1K CA$29.5K

$30.4K $30.4K

-30.70%

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

$182 CA$255

$34.10 $34.10

433.14%

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

$36.01 CA$50.5

$14.95 $14.95

140.87%

Internet (50+ Mbps, Unlimited Data)

$48.80 CA$68.4

$26.04 $26.04

87.40%

Gym Membership (Monthly)

$48.78 CA$68.4

$29.70 $29.70

64.24%

Tennis Court (1 Hour on Weekend)

$18.15 CA$25.45

$16.62 $16.62

9.21%

Cinema Ticket

$14.52 CA$20.35

$7.72 $7.72

88.08%

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

$542 CA$760

$365 $365

48.38%

International Primary School, 1 Child (Yearly)

$21.2K CA$29.7K

$5,664 $5,664

273.71%

Jeans (Levis 501 Or Similar)

$59.1 CA$82.8

$65.4 $65.4

-9.72%

Summer Dress (H&M, Zara, etc)

$42.34 CA$59.4

$41.16 $41.16

2.87%

Sport Shoes (Adidas, Nike)

$94.2 CA$132

$125 $125

-24.83%

Men's Leather Business Shoes

$109 CA$152

$93.2 $93.2

16.59%

1-bedroom Apartment, City Center (Monthly)

$1,214 CA$1,702

$424 $424

186.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,036 CA$1,453

$274 $274

277.84%

3-bedroom Apartment, City Center (Monthly)

$2,045 CA$2,867

$824 $824

148.26%

3-bedroom Apartment, Outside City Center (Monthly)

$1,655 CA$2,319

$510 $510

224.24%

Buy Apartment in City Center (m2)

$3,653 CA$5,121

Buy Apartment Outside City Center (m2)

$3,183 CA$4,462

Average Monthly Net Salary (After Tax)

$3,219 CA$4,512

20-Year Fixed Mortgage Interest Rate (Annual %)

4.43

10.05

-55.92%

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

Last update for Calgary: November 2, 2026

Last update for Banos: November 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Calgary

$1K 45.1%

Banos

$274 33.5% 73.5% $762

Groceries & Markets

Calgary

$390 17%

Banos

$174 21.3% 55.3% $216

Eating Out

Calgary

$277 12.1%

Banos

$95 11.6% 65.9% $183

Monthly Utilities & Internet

Calgary

$267 11.6%

Banos

$75 9.2% 71.8% $192

Clothing & Footwear

Calgary

$137 6%

Banos

$146 17.9% 6.8% $9.4

Getting Around

Calgary

$112 4.9%

Banos

$8.8 * 1.1% 92.2% $103

Sport & Entertainment

Calgary

$78 3.4%

Banos

$45 5.5% 42% $33

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,214 in Calgary and $424 in Banos. Housing cost is often the main lever when comparing two cities.

Dining out: $69 in Calgary vs $30 in Banos for a mid-range dinner for two. Groceries echo the gap at $390 vs $174 per month, with Banos cheaper across the board.

Good to know

🇨🇦 Calgary

🇪🇨 Banos

🕒 Local time

00:17 12:17 AM

01:17 1:17 AM

1 h ahead of Calgary

🌤 Weather

👥 Population

1,267,344

9,501

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.713 USD

1 CAD = 0.635 EUR

1 USD = 0.891 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.57 CAD (1 CAD = 0.635 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

USD to CAD in detail →

On the map

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Between locations

Calgary Banos 6,730 km ≈ 9 h nonstop flight

From you

Calgary
Banos

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Calgary vs Banos: Cost of Living - Frequently Asked Questions

Banos wins on cost – living expenses run 64% lower than in Calgary. Housing and daily spending are where you’ll feel the difference most, making Banos the obvious pick if budget is a priority.

You’d need roughly $3,445 in Calgary and $1,227 in Banos to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,214 in Calgary versus $424 in Banos. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $542 in Calgary versus $365 in Banos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Banos – a meal for two runs $30 versus $69 in Calgary. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $800. Banos is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.