Cost of living and prices in Labrador, prices of food, rent, shopping, etc. 🇨🇦
Updated Jul 2023

Discover the cost of living in Labrador, Canada - a city nestled in the breathtaking natural beauty of Northern America. Labrador is located at 52.93900 latitude and -66.91422 longitude, with a population of approximately 10,313 residents.

This charming city is situated in the America/Goose_Bay time zone, GMT: -4.0, and offers a unique lifestyle for those who love the great outdoors. With its abundant forests, rolling hills, and pristine lakes and rivers, Labrador is a perfect place for fishing, hunting, hiking, camping, and more. Whether you're a nature lover or just looking for a peaceful escape from a busy metropolis, Labrador is an ideal destination to call home.

If you're considering relocating to Labrador, Canada, it's important to understand the cost of living. The cost of living in Labrador is lower than other Canadian cities, with affordable housing, food, and transportation costs. Whether you're a student, young professional, or retiree, you'll find a welcoming community and a range of amenities to enjoy in this beautiful city. Explore our cost of living page for more information on Labrador and other Canadian cities.

Cost of Living Estimate in Labrador

Total cost of living in Labrador for two person with average consumption for one month will be 462.32 USD, no rent price included. Click here to calculate cost-of-living estimate in Labrador

You can calculate cost of living in Labrador by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Labrador, Canada is known for its beautiful landscapes and natural wonders, however, it also offers an array of dining options for travelers who want to indulge in local cuisine. Seafood restaurants are a popular choice, since Labrador's coastal location allows visitors to taste delicious dishes with freshly caught seafood. Northern cuisine is also featured in many restaurants, with caribou, moose, and wild game meat on the menu. Additionally, there are plenty of cafes and casual restaurants that offer hearty breakfast and lunch options, as well as vegetarian and vegan dishes for those who prefer meatless meals.

For those who want to experience something truly unique, there are also opportunities to participate in a traditional Labrador feast. This usually includes a meal of fresh-caught fish, wild game, and other local delicacies, prepared by Indigenous people. Visitors can learn about the cultural significance of the feast and the history of the local communities as they enjoy the food. Overall, Labrador offers a diverse range of dining options that reflect the natural resources and cultural heritage of the region.

Meal in Inexpensive Restaurant
7.85 $
Meal for 2 People, Mid-range Restaurant, Three-course
35.32 $

Markets prices

Market prices in Labrador, Canada are reflective of the unique geography of the region. With a relatively small population spread out over a large area, the cost of transportation and delivery often drives up the prices of goods. As a result, residents of Labrador often face higher prices on everything from food to household necessities compared to urban areas in Canada.

Additionally, the indigenous population of Labrador has faced additional challenges when it comes to market prices. Historically, many indigenous communities have been excluded from mainstream economic opportunities, leading to a lack of access to affordable goods and services. Today, efforts are being made to address these inequalities, but there is still much work to be done to ensure that everyone has equal access to affordable goods and services in Labrador.

Milk, Regular,1 liter
2.00 $
White Rice, 1 kg
1.81 $
Water, 1.5 liter Bottle
1.57 $

Transportation prices

When traveling to Labrador, Canada, visitors will find a variety of transportation options. One popular choice is to fly into one of the region's airports, such as Goose Bay Airport, which offers connections to major cities across Canada. Once there, visitors can rent a car to explore the land at their own pace, take a bus to various destinations, or hop on a train for a leisurely trip through the countryside. With so many options available, visitors can easily tailor their transportation choices to suit their preferences and travel plans.

For those who are looking for a more unique mode of transportation, Labrador offers plenty of options. Visitors can take a kayak tour of the region's spectacular waterways, enjoying stunning views of the rugged coastline and the natural beauty that surrounds it. Alternatively, they can take a dog sled tour through the winter wonderland landscape, where they will have the chance to meet friendly sled dogs and experience the thrill of gliding across the snow. Whether visitors prefer to travel by land, air, or sea, they are sure to find plenty of exciting and unforgettable transportation options in Labrador.

Gasoline, 1 liter
0.95 $

Utilities Per Month prices

Traveling to Labrador, Canada can be a unique and exciting experience, but it's important to consider the cost of utilities while you're there. One of the most significant expenses for residents and travelers alike is heating costs. Due to the harsh winter climate in Labrador, keeping a home or building adequately heated can be expensive. It's essential to plan accordingly and budget for higher utility costs if you're traveling to Labrador during the winter months.

Another utility expense to consider is the cost of electricity. In Labrador, electricity is primarily generated through hydroelectric power, which is a relatively sustainable and eco-friendly energy source. However, this doesn't necessarily mean that electricity is cheap. The cost of electricity can vary depending on a variety of factors, such as your location and the amount of electricity you use. If you're traveling to Labrador and plan on using a significant amount of electricity, it's a good idea to research the rates to ensure you're prepared for the expense.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
70.22 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
75.34 $

Sports And Leisure prices

Labrador is a sports lover’s paradise with a range of recreational activities that cater to all interests. The region offers a diverse range of landscapes for adventure seekers such as kayaking, canoeing, and hiking. Visitors can also explore the Torngat Mountains National Park or try their hand at fishing for Atlantic salmon, brook trout, and northern pike. During the winter months, snowmobiling, dog sledding, and skiing are popular sports that provide an unforgettable experience.

For those looking for a more relaxed pace, Labrador offers leisurely activities such as sailing, golfing, and beachcombing. There are several beaches along the coast, including the popular L'Anse Amour Beach where visitors can bask in the sun, swim in the crystal-clear waters, and admire the picturesque views. Additionally, visitors can check out the various museums and galleries that showcase the region's rich history and culture, or simply take a leisurely walk along the scenic coastline.

Fitness Club, Monthly Fee for 1 Adult
37.28 $

Childcare prices

Childcare prices in Labrador, Canada vary depending on the type of facility and the age of the child. Schools in Labrador tend to offer affordable and high-quality education for children starting at the age of four. These schools provide a structured and stimulating environment that encourages learning and socialization.

Kindergartens in Labrador are also popular among parents. These facilities offer a wide range of educational and developmental activities that are designed to help children develop their skills in a fun and engaging way. Kindergartens in Labrador are staffed by experienced and qualified teachers who are dedicated to helping children reach their full potential.

Private Preschool or Kindergarten, Monthly for 1 Child
510.15 $

Clothing And Shoes prices

When it comes to clothing and shoes prices in Labrador, Canada, it's safe to say that you can find everything from budget-friendly options to high-end designer brands. If you're looking to save money, you can find great deals on clothing and shoes at local thrift stores or discount retailers. On the other hand, if you're willing to spend a bit more, there are plenty of high-end shops that offer luxury clothing and footwear brands. No matter what your budget is, there's no shortage of options available to you in Labrador!

When it comes to finding the best places to buy clothing and shoes in Labrador, there are a variety of options to choose from. From department stores to specialty boutiques and everything in between, you're sure to find something that fits your style and budget. If you're looking for more unique pieces or locally-made items, there are also plenty of local boutiques and artisan markets that offer one-of-a-kind pieces you won't find anywhere else. Whether you prefer to shop online or in-person, there's a wide variety of options available to you when it comes to shopping for clothing and shoes in Labrador.

Pair of Running Shoes, Mid-Range Price
94.18 $
Pair of Leather Business Shoes
117.73 $

Rent Per Month prices

If you're looking for a short stay in Labrador, you'll be happy to know that there are plenty of options available. From cozy cabins to spacious townhouses with stunning views, Labrador has something for everyone. Whether you're here for business or pleasure, you're sure to find the perfect rental that suits your needs. Keep in mind that the prices for short-term rentals may vary depending on the season, location, and the type of accommodation you're looking for. Regardless, short-stay rentals in Labrador are often more affordable than comparable accommodations in larger cities.

For those who are planning to stay in Labrador for a longer period, short rent options may be the way to go. Many landlords offer flexible lease terms, which allow tenants to stay anywhere from a few months to a year or more. This is an excellent option for those who are just starting out in the area, or for those who aren't quite ready to commit to a long-term lease but still want to enjoy the benefits of living in Labrador. Prices for short rent options will vary depending on the length of your stay and the type of rental you choose, but they are often significantly cheaper than renting a hotel room or paying for a long-term lease.

One bedroom apartment in city centre
627.87 $
One bedroom apartment outside of city centre
627.87 $
Three bedroom apartment in city centre
1,059.53 $
Three bedroom apartment outside of city centre
981.05 $

Salaries And Financing prices

When it comes to salaries in Labrador, it's important to keep in mind that it is a remote area with a smaller population compared to larger cities in Canada. As a result, salaries may be slightly lower than in other areas. However, the cost of living in Labrador is also lower, making it easier to live comfortably. Additionally, there are unique employment opportunities available in Labrador that may not be found elsewhere, such as positions related to hydroelectricity and mining. Overall, while salaries may not be as high as in urban areas, the lower cost of living and specialized job opportunities make Labrador an attractive option for those seeking employment.

Financing in Labrador may also differ from other areas in Canada. Due to its remote location, some financial services may be limited. However, Labrador has a strong economy fueled by industries such as mining and hydroelectricity, making it a stable environment for investments. Additionally, there are options for financing available for those looking to start a business in the area or invest in the local community. Whether you're a resident or a visitor, it's important to be aware of the unique financial landscape of Labrador to make informed decisions about investments and personal finances.

Average Monthly Net Salary, After Tax
4,185.81 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.14 %