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

Monthly Cost of Living

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

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

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

Leicester costs about 14% more than Cold Lake, driven mainly by Clothing & Footwear.

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

Meal at Budget Restaurant

$20.36 £15.14

$18.43 CA$25.84

10.47%

Three-Course Dinner for Two, Mid-Range

$68.6 £51.0

$61.8 CA$86.6

11.09%

Fast Food Meal (McDonalds, etc)

$8.91 £6.63

$11.46 CA$16.07

-22.25%

Cappuccino

$3.77 £2.80

$3.69 CA$5.17

2.17%

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

$1.93 £1.44

$2.18 CA$3.06

-11.47%

Water (0.33 liter bottle)

$1.17 £0.87

$1.49 CA$2.09

-21.48%

Local Beer (0.5 liter draught)

$5.35 £3.98

$6.02 CA$8.44

-11.13%

Imported Beer (0.33 liter bottle)

$6.16 £4.58

$5.71 CA$8.01

7.88%

Milk (1 liter)

$1.83 £1.36

$1.12 CA$1.57

63.39%

White Bread (500g)

$1.62 £1.21

$2.00 CA$2.80

-19.00%

Rice (white) (1kg)

$2.37 £1.76

$3.14 CA$4.40

-24.52%

Eggs

$3.57 £2.66

$3.73 CA$5.23

-4.29%

Local Cheese (1kg)

$12.47 £9.28

$11.49 CA$16.11

8.53%

Chicken Fillets (1kg)

$9.43 £7.01

$12.36 CA$17.32

-23.71%

Beef Round Steak (1kg)

$11.79 £8.77

$16.27 CA$22.81

-27.54%

Apples (1kg)

$2.38 £1.77

$4.68 CA$6.56

-49.15%

Banana (1kg)

$1.73 £1.29

$1.13 CA$1.58

53.10%

Oranges (1kg)

$2.59 £1.93

$1.81 CA$2.53

43.09%

Tomato (1kg)

$3.19 £2.37

$2.25 CA$3.15

41.78%

Potato (1kg)

$1.22 £0.90

$2.44 CA$3.42

-50.00%

Onion (1kg)

$1.56 £1.16

$1.08 CA$1.52

44.44%

Lettuce (1 head)

$0.81 £0.61

$2.69 CA$3.77

-69.89%

Water (1.5 liter bottle)

$1.45 £1.08

$2.00 CA$2.80

-27.50%

Cigarettes 20 Pack (Marlboro, Camel)

$20.15 £14.99

$12.38 CA$17.36

62.76%

Wine (Bottle)

$10.95 £8.14

$11.89 CA$16.68

-7.91%

Local Beer (0.5 liter bottle)

$2.93 £2.18

$2.98 CA$4.18

-1.68%

Imported Beer (0.33 liter bottle)

$2.75 £2.05

$3.14 CA$4.41

-12.42%

One-way Ticket (Public Transport)

$3.44 £2.56

$2.40 CA$3.36

43.33%

Public Transport Monthly Pass (Regular Price)

$87.0 £64.7

$62.4 CA$87.6

39.35%

Taxi Start (Normal Tariff)

$5.26 £3.91

$3.20 CA$4.48

64.37%

Taxi (Normal Tariff) (1km)

$1.35 £1.00

$1.64 CA$2.30

-17.68%

Taxi 1hour Waiting (Normal Tariff)

$41.51 £30.87

$23.53 CA$32.99

76.41%

Gasoline (1 liter)

$1.98 £1.47

$1.05 CA$1.47

88.57%

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

$38.3K £28.5K

$25.6K CA$35.8K

49.62%

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

$40.6K £30.2K

$22.5K CA$31.5K

80.77%

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

$284 £211

$202 CA$283

40.62%

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

$16.96 £12.62

$45.23 CA$63.4

-62.50%

Internet (50+ Mbps, Unlimited Data)

$42.19 £31.38

$66.4 CA$93.1

-36.45%

Gym Membership (Monthly)

$40.37 £30.03

$42.10 CA$59.0

-4.11%

Tennis Court (1 Hour on Weekend)

$32.00 £23.80

Cinema Ticket

$15.10 £11.23

$13.34 CA$18.70

13.19%

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

$1,031 £767

$697 CA$978

47.87%

International Primary School, 1 Child (Yearly)

$34.6K £25.7K

$11.6K CA$16.3K

197.22%

Jeans (Levis 501 Or Similar)

$95.7 £71.2

$29.72 CA$41.67

222.14%

Summer Dress (H&M, Zara, etc)

$36.89 £27.44

$36.10 CA$50.6

2.19%

Sport Shoes (Adidas, Nike)

$132 £97.8

$55.5 CA$77.8

136.95%

Men's Leather Business Shoes

$94.1 £70.0

$93.1 CA$131

1.13%

1-bedroom Apartment, City Center (Monthly)

$1,022 £760

$919 CA$1,289

11.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,026 £763

$892 CA$1,250

15.00%

3-bedroom Apartment, City Center (Monthly)

$1,751 £1,302

$1,599 CA$2,241

9.52%

3-bedroom Apartment, Outside City Center (Monthly)

$1,482 £1,102

$1,500 CA$2,104

-1.22%

Buy Apartment in City Center (m2)

$4,922 £3,661

Buy Apartment Outside City Center (m2)

$3,441 £2,560

Average Monthly Net Salary (After Tax)

$2,860 £2,127

$3,040 CA$4,262

-5.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

6.08

-2.96%

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

Last update for Leicester: July 12, 2026

Last update for Cold Lake: July 13, 2026

Cost Breakdown

A central one-bedroom costs $1,022 in Leicester versus $919 in Cold Lake. 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 $69.0 in Leicester versus $62.0 in Cold Lake. Groceries tell a different story – $296 in Leicester vs $342 in Cold Lake – 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

Leicester vs Cold Lake: 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 $3,512 per month in Leicester and $3,082 in Cold Lake. 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 $69.0 in Leicester and $62.0 in Cold Lake. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,341 in Leicester and $2,055 in Cold Lake. 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.