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 $2,263 per month in Leicester vs $2,029 in Cold Lake, rent included.

A couple spends around $3,227 per month in Leicester vs $3,036 in Cold Lake, rent included.

A family of three spends $4,192 per month in Leicester vs $4,044 in Cold Lake, rent included.

Leicester costs about 12% more than Cold Lake, driven mainly by Clothing & Footwear.

Both Leicester and Cold Lake sit above the global median – Leicester by 69%, Cold Lake by 51%.

Currency
🍽 Eating Out
Leicester
Cold Lake
Difference
Meal at Budget Restaurant
$20.77 £15.44
$18.59 CA$25.75
11.73%
Three-Course Dinner for Two, Mid-Range
$68.3 £50.8
$61.6 CA$85.3
10.93%
Fast Food Meal (McDonalds, etc)
$8.90 £6.62
$11.43 CA$15.83
-22.13%
Cappuccino
$3.63 £2.70
$3.83 CA$5.30
-5.22%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.96 £1.46
$2.15 CA$2.97
-8.84%
Water (0.33 liter bottle)
$1.16 £0.86
$1.50 CA$2.08
-22.67%
Local Beer (0.5 liter draught)
$5.40 £4.02
$5.72 CA$7.92
-5.59%
Imported Beer (0.33 liter bottle)
$6.22 £4.62
$5.91 CA$8.18
5.25%
🛒 Groceries & Markets
Leicester
Cold Lake
Difference
Milk (1 liter)
$1.92 £1.42
$1.06 CA$1.47
81.13%
White Bread (500g)
$1.64 £1.22
$2.05 CA$2.83
-20.00%
Rice (white) (1kg)
$2.35 £1.75
$3.16 CA$4.37
-25.63%
Eggs
$3.60 £2.68
$3.58 CA$4.96
0.56%
Local Cheese (1kg)
$12.13 £9.02
$11.51 CA$15.94
5.39%
Chicken Fillets (1kg)
$9.64 £7.17
$12.75 CA$17.65
-24.39%
Beef Round Steak (1kg)
$12.10 £8.99
$16.06 CA$22.24
-24.66%
Apples (1kg)
$2.33 £1.73
$4.61 CA$6.39
-49.46%
Banana (1kg)
$1.74 £1.30
$1.11 CA$1.54
56.76%
Oranges (1kg)
$2.67 £1.98
$1.89 CA$2.62
41.27%
Tomato (1kg)
$3.19 £2.37
$2.19 CA$3.03
45.66%
Potato (1kg)
$1.25 £0.93
$2.37 CA$3.28
-47.26%
Onion (1kg)
$1.64 £1.22
$1.08 CA$1.49
51.85%
Lettuce (1 head)
$0.81 £0.60
$2.70 CA$3.74
-70.00%
Water (1.5 liter bottle)
$1.43 £1.06
$1.93 CA$2.67
-25.91%
Cigarettes 20 Pack (Marlboro, Camel)
$20.58 £15.29
$12.43 CA$17.22
65.57%
Wine (Bottle)
$11.25 £8.36
$12.26 CA$16.97
-8.24%
Local Beer (0.5 liter bottle)
$2.82 £2.10
$2.98 CA$4.12
-5.37%
Imported Beer (0.33 liter bottle)
$2.76 £2.05
$3.27 CA$4.53
-15.60%
🚌 Getting Around
Leicester
Cold Lake
Difference
One-way Ticket (Public Transport)
$3.30 £2.45
$2.42 CA$3.34
36.36%
Public Transport Monthly Pass (Regular Price)
$85.8 £63.8
$62.9 CA$87.1
36.40%
Taxi Start (Normal Tariff)
$5.29 £3.93
$3.24 CA$4.48
63.27%
Taxi (Normal Tariff) (1km)
$1.36 £1.01
$1.66 CA$2.29
-18.07%
Taxi 1hour Waiting (Normal Tariff)
$40.88 £30.39
$23.09 CA$31.96
77.05%
Gasoline (1 liter)
$1.96 £1.45
$1.01 CA$1.39
94.06%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$38.7K £28.8K
$25.0K CA$34.6K
55.08%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$42.1K £31.3K
$22.0K CA$30.5K
91.44%
🧾 Monthly Utilities & Internet
Leicester
Cold Lake
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$282 £209
$204 CA$283
37.96%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$17.10 £12.71
$44.18 CA$61.2
-61.29%
Internet (50+ Mbps, Unlimited Data)
$41.75 £31.03
$65.3 CA$90.4
-36.08%
🎉 Sport & Entertainment
Leicester
Cold Lake
Difference
Gym Membership (Monthly)
$40.14 £29.84
$42.61 CA$59.0
-5.80%
Tennis Court (1 Hour on Weekend)
$32.26 £23.98
-
-
Cinema Ticket
$14.96 £11.12
$13.46 CA$18.63
11.14%
🧸 Childcare & Education
Leicester
Cold Lake
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,028 £764
$708 CA$980
45.21%
International Primary School, 1 Child (Yearly)
$33.6K £24.9K
$11.7K CA$16.2K
186.11%
👕👟 Clothing & Footwear
Leicester
Cold Lake
Difference
Jeans (Levis 501 Or Similar)
$95.6 £71.0
$29.96 CA$41.48
218.96%
Summer Dress (H&M, Zara, etc)
$36.79 £27.35
$36.74 CA$50.9
0.14%
Sport Shoes (Adidas, Nike)
$132 £97.9
$54.7 CA$75.7
140.87%
Men's Leather Business Shoes
$94.5 £70.2
$93.0 CA$129
1.61%
🏠 Accommodation & Living
Leicester
Cold Lake
Difference
1-bedroom Apartment, City Center (Monthly)
$1,029 £765
$899 CA$1,245
14.48%
1-bedroom Apartment, Outside City Center (Monthly)
$1,031 £766
$867 CA$1,200
18.91%
3-bedroom Apartment, City Center (Monthly)
$1,727 £1,284
$1,614 CA$2,235
6.99%
3-bedroom Apartment, Outside City Center (Monthly)
$1,512 £1,124
$1,517 CA$2,100
-0.34%
Buy Apartment in City Center (m2)
$5,122 £3,807
-
-
Buy Apartment Outside City Center (m2)
$3,562 £2,647
-
-
💵 Salaries & Financials
Leicester
Cold Lake
Difference
Average Monthly Net Salary (After Tax)
$2,882 £2,142
$3,146 CA$4,356
-8.39%
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: June 1, 2026

Last update for Cold Lake: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,029 in Leicester versus $899 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 9% 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 $68.0 in Leicester versus $62.0 in Cold Lake. Groceries tell a different story – $299 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
Is Cold Lake cheaper than Leicester?
Yes – Leicester is pricier by about 12%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,394 per month in Leicester and $3,043 in Cold Lake. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Leicester or Cold Lake?
A mid-range dinner for two costs $68.0 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.
What are total monthly expenses in Leicester vs Cold Lake?
Monthly expenses with rent come to $2,263 in Leicester and $2,029 in Cold Lake. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $2,500 a realistic budget for Leicester or Cold Lake?
A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $2,029, than in Leicester at $2,263. In Cold Lake it covers expenses comfortably, while in Leicester it requires careful planning or may not stretch far enough.
Is Leicester or Cold Lake more family-friendly?
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.
Which city is the better choice to relocate to?
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.

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