Cost of Living Comparison Between Cold Lake and Leicester Cost of Living Comparison Between Cold Lake and Leicester

Monthly Cost of Living

A single person spends $2,055 per month in Cold Lake vs $2,341 in Leicester, rent included.

A couple spends around $3,071 per month in Cold Lake vs $3,320 in Leicester, rent included.

A family of three spends $4,087 per month in Cold Lake vs $4,300 in Leicester, rent included.

Cold Lake is about 12% cheaper than Leicester, driven mainly by Clothing & Footwear.

Both Cold Lake and Leicester sit above the global median – Cold Lake by 54%, Leicester by 75%.

Meal at Budget Restaurant

$18.43 CA$25.84

$20.36 £15.14

-9.48%

Three-Course Dinner for Two, Mid-Range

$61.8 CA$86.6

$68.6 £51.0

-9.99%

Fast Food Meal (McDonalds, etc)

$11.46 CA$16.07

$8.91 £6.62

28.62%

Cappuccino

$3.69 CA$5.17

$3.77 £2.80

-2.12%

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

$2.18 CA$3.06

$1.93 £1.44

12.95%

Water (0.33 liter bottle)

$1.49 CA$2.09

$1.17 £0.87

27.35%

Local Beer (0.5 liter draught)

$6.02 CA$8.44

$5.35 £3.97

12.52%

Imported Beer (0.33 liter bottle)

$5.71 CA$8.01

$6.16 £4.58

-7.31%

Milk (1 liter)

$1.12 CA$1.57

$1.83 £1.36

-38.80%

White Bread (500g)

$2.00 CA$2.80

$1.62 £1.21

23.46%

Rice (white) (1kg)

$3.14 CA$4.40

$2.37 £1.76

32.49%

Eggs

$3.73 CA$5.23

$3.57 £2.65

4.48%

Local Cheese (1kg)

$11.49 CA$16.11

$12.47 £9.27

-7.86%

Chicken Fillets (1kg)

$12.36 CA$17.32

$9.43 £7.01

31.07%

Beef Round Steak (1kg)

$16.27 CA$22.81

$11.79 £8.77

38.00%

Apples (1kg)

$4.68 CA$6.56

$2.38 £1.77

96.64%

Banana (1kg)

$1.13 CA$1.58

$1.73 £1.29

-34.68%

Oranges (1kg)

$1.81 CA$2.53

$2.59 £1.93

-30.12%

Tomato (1kg)

$2.25 CA$3.15

$3.19 £2.37

-29.47%

Potato (1kg)

$2.44 CA$3.42

$1.22 £0.90

100.00%

Onion (1kg)

$1.08 CA$1.52

$1.56 £1.16

-30.77%

Lettuce (1 head)

$2.69 CA$3.77

$0.81 £0.60

232.10%

Water (1.5 liter bottle)

$2.00 CA$2.80

$1.45 £1.08

37.93%

Cigarettes 20 Pack (Marlboro, Camel)

$12.38 CA$17.36

$20.15 £14.98

-38.56%

Wine (Bottle)

$11.89 CA$16.68

$10.95 £8.14

8.58%

Local Beer (0.5 liter bottle)

$2.98 CA$4.18

$2.93 £2.18

1.71%

Imported Beer (0.33 liter bottle)

$3.14 CA$4.41

$2.75 £2.05

14.18%

One-way Ticket (Public Transport)

$2.40 CA$3.36

$3.44 £2.56

-30.23%

Public Transport Monthly Pass (Regular Price)

$62.4 CA$87.6

$87.0 £64.7

-28.24%

Taxi Start (Normal Tariff)

$3.20 CA$4.48

$5.26 £3.91

-39.16%

Taxi (Normal Tariff) (1km)

$1.64 CA$2.30

$1.35 £1.00

21.48%

Taxi 1hour Waiting (Normal Tariff)

$23.53 CA$32.99

$41.51 £30.86

-43.31%

Gasoline (1 liter)

$1.05 CA$1.47

$1.98 £1.47

-46.97%

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

$25.6K CA$35.8K

$38.3K £28.4K

-33.17%

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

$22.5K CA$31.5K

$40.6K £30.2K

-44.68%

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

$202 CA$283

$284 £211

-28.89%

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

$45.23 CA$63.4

$16.96 £12.61

166.69%

Internet (50+ Mbps, Unlimited Data)

$66.4 CA$93.1

$42.19 £31.37

57.36%

Gym Membership (Monthly)

$42.10 CA$59.0

$40.37 £30.01

4.29%

Tennis Court (1 Hour on Weekend)

$32.00 £23.79

Cinema Ticket

$13.34 CA$18.70

$15.10 £11.22

-11.66%

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

$697 CA$978

$1,031 £767

-32.37%

International Primary School, 1 Child (Yearly)

$11.6K CA$16.3K

$34.6K £25.7K

-66.36%

Jeans (Levis 501 Or Similar)

$29.72 CA$41.67

$95.7 £71.2

-68.96%

Summer Dress (H&M, Zara, etc)

$36.10 CA$50.6

$36.89 £27.42

-2.14%

Sport Shoes (Adidas, Nike)

$55.5 CA$77.8

$132 £97.8

-57.80%

Men's Leather Business Shoes

$93.1 CA$131

$94.1 £70.0

-1.12%

1-bedroom Apartment, City Center (Monthly)

$919 CA$1,289

$1,022 £760

-10.09%

1-bedroom Apartment, Outside City Center (Monthly)

$892 CA$1,250

$1,026 £762

-13.05%

3-bedroom Apartment, City Center (Monthly)

$1,599 CA$2,241

$1,751 £1,301

-8.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,500 CA$2,104

$1,482 £1,102

1.23%

Buy Apartment in City Center (m2)

$4,922 £3,659

Buy Apartment Outside City Center (m2)

$3,441 £2,558

Average Monthly Net Salary (After Tax)

$3,040 CA$4,262

$2,860 £2,126

6.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.08

5.9

3.05%

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

Last update for Cold Lake: July 13, 2026

Last update for Leicester: July 12, 2026

Cost Breakdown

A central one-bedroom costs $919 in Cold Lake versus $1,022 in Leicester. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 6% higher in Cold Lake, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $62.0 in Cold Lake versus $69.0 in Leicester. Groceries tell a different story – $342 in Cold Lake vs $296 in Leicester – so Leicester wins on supermarket bills even if dining out costs more.

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

Cold Lake vs Leicester: Cost of Living - Frequently Asked Questions

Yes – Leicester is pricier by about 14%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,082 per month in Cold Lake and $3,512 in Leicester. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Cold Lake, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $62.0 in Cold Lake and $69.0 in Leicester. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,055 in Cold Lake and $2,341 in Leicester. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $2,055, than in Leicester at $2,341. In Cold Lake it covers expenses comfortably, while in Leicester it requires careful planning or may not stretch far enough.

Families tend to lean toward Cold Lake – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Cold Lake. If higher salaries, better infrastructure, or specific career opportunities are the priority, Leicester makes more sense. Both are solid long-term options with distinct trade-offs.