Cost of Living Comparison Between Calgary and Terrace Cost of Living Comparison Between Calgary and Terrace

Monthly Cost of Living

Monthly costs for one person with rent: $2,462 in Calgary versus $1,924 in Terrace.

Estimated couple costs with rent: $3,628 in Calgary versus $2,875 in Terrace.

Monthly costs for a family of three with rent: $4,795 in Calgary versus $3,826 in Terrace.

Living in Calgary is roughly 28% more expensive than in Terrace, driven mainly by Getting Around.

Both cities are pricier than the global median: Calgary 84% above, Terrace 44% above.

Meal at Budget Restaurant

$18.33 CA$25.79

$18.33 CA$25.80

Three-Course Dinner for Two, Mid-Range

$69.9 CA$98.3

$82.9 CA$117

-15.66%

Fast Food Meal (McDonalds, etc)

$10.95 CA$15.41

$11.10 CA$15.62

-1.35%

Cappuccino

$3.74 CA$5.26

$3.85 CA$5.42

-2.86%

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

$2.04 CA$2.87

$1.96 CA$2.76

4.08%

Water (0.33 liter bottle)

$1.67 CA$2.35

$1.66 CA$2.33

0.60%

Local Beer (0.5 liter draught)

$5.20 CA$7.32

$4.38 CA$6.17

18.72%

Imported Beer (0.33 liter bottle)

$6.71 CA$9.45

$6.04 CA$8.50

11.09%

Milk (1 liter)

$2.25 CA$3.16

$2.44 CA$3.44

-7.79%

White Bread (500g)

$2.75 CA$3.87

$2.80 CA$3.94

-1.79%

Rice (white) (1kg)

$3.23 CA$4.54

$5.44 CA$7.65

-40.63%

Eggs

$3.45 CA$4.85

$3.90 CA$5.49

-11.54%

Local Cheese (1kg)

$14.40 CA$20.26

$9.23 CA$12.99

56.01%

Chicken Fillets (1kg)

$12.89 CA$18.13

$16.11 CA$22.67

-19.99%

Beef Round Steak (1kg)

$15.86 CA$22.32

$14.20 CA$19.98

11.69%

Apples (1kg)

$4.30 CA$6.05

$4.28 CA$6.02

0.47%

Banana (1kg)

$1.34 CA$1.89

$1.22 CA$1.71

9.84%

Oranges (1kg)

$3.85 CA$5.42

$3.27 CA$4.59

17.74%

Tomato (1kg)

$4.25 CA$5.99

$3.93 CA$5.53

8.14%

Potato (1kg)

$2.55 CA$3.58

$3.26 CA$4.59

-21.78%

Onion (1kg)

$2.62 CA$3.69

$3.20 CA$4.50

-18.13%

Lettuce (1 head)

$2.80 CA$3.94

$2.50 CA$3.52

12.00%

Water (1.5 liter bottle)

$1.95 CA$2.74

$1.01 CA$1.42

93.07%

Cigarettes 20 Pack (Marlboro, Camel)

$14.97 CA$21.06

$11.91 CA$16.75

25.69%

Wine (Bottle)

$13.90 CA$19.57

$13.57 CA$19.09

2.43%

Local Beer (0.5 liter bottle)

$2.92 CA$4.11

$2.28 CA$3.20

28.07%

Imported Beer (0.33 liter bottle)

$3.91 CA$5.50

$1.92 CA$2.70

103.65%

One-way Ticket (Public Transport)

$2.74 CA$3.85

$1.49 CA$2.09

83.89%

Public Transport Monthly Pass (Regular Price)

$87.8 CA$124

$31.93 CA$44.93

174.98%

Taxi Start (Normal Tariff)

$3.60 CA$5.06

$3.08 CA$4.34

16.88%

Taxi (Normal Tariff) (1km)

$1.30 CA$1.83

$1.47 CA$2.07

-11.56%

Taxi 1hour Waiting (Normal Tariff)

$28.70 CA$40.39

$26.11 CA$36.74

9.92%

Gasoline (1 liter)

$1.12 CA$1.57

$1.19 CA$1.68

-5.88%

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

$25.5K CA$35.8K

$28.4K CA$40.0K

-10.36%

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

$21.7K CA$30.6K

$21.2K CA$29.8K

2.75%

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

$213 CA$300

$98.1 CA$138

117.05%

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

$40.96 CA$57.6

$40.30 CA$56.7

1.64%

Internet (50+ Mbps, Unlimited Data)

$57.9 CA$81.5

$62.4 CA$87.8

-7.18%

Gym Membership (Monthly)

$54.2 CA$76.2

$43.44 CA$61.1

24.72%

Tennis Court (1 Hour on Weekend)

$53.8 CA$75.6

Cinema Ticket

$12.63 CA$17.77

$9.27 CA$13.05

36.25%

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

$874 CA$1,230

$734 CA$1,032

19.20%

International Primary School, 1 Child (Yearly)

$15.9K CA$22.3K

$11.9K CA$16.8K

33.24%

Jeans (Levis 501 Or Similar)

$58.6 CA$82.5

$38.31 CA$53.9

53.01%

Summer Dress (H&M, Zara, etc)

$47.01 CA$66.2

$32.30 CA$45.45

45.54%

Sport Shoes (Adidas, Nike)

$85.1 CA$120

$82.5 CA$116

3.08%

Men's Leather Business Shoes

$108 CA$151

$46.22 CA$65.0

132.93%

1-bedroom Apartment, City Center (Monthly)

$1,380 CA$1,942

$1,040 CA$1,464

32.69%

1-bedroom Apartment, Outside City Center (Monthly)

$1,159 CA$1,631

$854 CA$1,202

35.68%

3-bedroom Apartment, City Center (Monthly)

$2,324 CA$3,270

$1,699 CA$2,390

36.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,905 CA$2,680

$1,392 CA$1,958

36.85%

Buy Apartment in City Center (m2)

$3,786 CA$5,327

$4,419 CA$6,217

-14.32%

Buy Apartment Outside City Center (m2)

$3,511 CA$4,940

$3,287 CA$4,625

6.80%

Average Monthly Net Salary (After Tax)

$2,940 CA$4,136

$3,217 CA$4,527

-8.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.71

5.22

9.39%

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

Last update for Calgary: July 13, 2026

Last update for Terrace: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,380 in Calgary and $1,040 in Terrace. Housing cost is often the main lever when comparing two cities.

Terrace pays 9% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $70.0 in Calgary vs $83.0 in Terrace. Groceries flip the comparison at $396 vs $383, with Terrace cheaper for home cooking.

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 Terrace: Cost of Living - Frequently Asked Questions

Terrace is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around, Sport & Entertainment. The 28% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 9% lower in Terrace. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,380 in Calgary versus $1,040 in Terrace. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Terrace – a meal for two runs $83.0 versus $70.0 in Calgary. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,462 per month in Calgary versus $1,924 in Terrace – a 28% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,924 in Terrace versus $2,462 in Calgary, a $2,000 budget is realistic in Terrace but tight or insufficient in Calgary. The gap between the two cities makes Terrace the clear choice for anyone on this budget.

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.

Expats usually find Terrace gentler on the wallet – expenses run 28% less than in Calgary. Beyond cost, consider language, visa policies, and how big the international community is in each city.