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

Red Deer is a vibrant city in Canada with breathtaking landscapes and a population of over 100,000. It is centrally located in Alberta, and its coordinates are 52.26898 latitude and -113.81156 longitude. The elevation is 856 meters above sea level, and it operates on the America/Edmonton time zone, GMT: -7.0.

With a thriving economy, Red Deer has a cost of living that is affordable for residents. It offers a range of housing options for every budget, a variety of restaurants, and many recreational activities. The city is home to several parks, including the beautiful Rotary Park, where visitors can enjoy picnics, walking trails, and stunning nature trails.

For those looking for entertainment, the city has a vibrant culture scene with various events throughout the year. Red Deer is an excellent choice for both residents and visitors looking for an affordable place to live or visit in Canada.

Cost of Living Estimate in Red Deer

Total cost of living in Red Deer for two person with average consumption for one month will be 1289.24 USD, no rent price included. Click here to calculate cost-of-living estimate in Red Deer

You can calculate cost of living in Red Deer 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

If you're a foodie or just looking for some great restaurants, Red Deer has a wide range of options to satisfy your cravings. Whether you're looking for traditional Canadian dishes, international cuisine, or something healthy and organic, you'll find everything you need here. There are many casual and fine dining options that offer delicious entrees and appetizers, as well as a variety of desserts and beverages. Some of the most popular restaurants in the area include those with a Mexican, Italian, or Asian flair, but you can also find some delectable Canadian specialties, such as bison burgers and maple-glazed salmon.

Aside from restaurants, there are plenty of other eating options to check out in Red Deer. One of the most popular options is the city's food truck scene. This is a great way to experience the local cuisine and discover some unique flavors you might not find elsewhere. There are also a few farmers' markets in the area that feature a range of fresh produce from herbs and fruits to baked goods and artisanal items. Whether you're looking for a big meal or a quick snack, Red Deer has something for everyone. So don't be afraid to explore the different options and discover new flavors during your visit.

Meal in Inexpensive Restaurant
13.34 $
Meal for 2 People, Mid-range Restaurant, Three-course
56.90 $
McMeal at McDonalds or Alternative Combo Meal
8.24 $
Domestic Beer, 0.5 liter Draught
4.71 $
Imported Beer, 0.33 liter Bottle
5.71 $
Cappuccino
3.63 $
Coca-Cola, 0.33 liter Bottle
1.64 $

Markets prices

Market prices in Red Deer, Canada can fluctuate depending on a variety of factors. The city's thriving economy, coupled with its growing population, often influences property values. Housing prices in the downtown core tend to be higher due to the area's proximity to amenities, while homes in the surrounding suburbs can be more affordable. Additionally, seasonal changes and local events can impact prices in the community. As a result, it is important to regularly check the real estate market in Red Deer to ensure you are up-to-date on the latest trends.

When it comes to consumer goods, market prices in Red Deer can be similar to other Canadian cities. The cost of living in Red Deer is moderately high compared to other places in the country, but it can vary depending on what you need. The city has a good selection of grocery stores, clothing retailers, and entertainment options. As with any market, it is important to do your research and compare prices before making a purchase. However, overall, the market prices in Red Deer are reasonable, providing locals with access to the goods and services they need at a fair value.

Water, 0.33 liter Bottle
1.40 $
Milk, Regular,1 liter
1.62 $
Loaf of Fresh White Bread, 0.5 kg
2.34 $
White Rice, 1 kg
3.52 $
Eggs, 12 pack
2.90 $
Local Cheese, 1 kg
11.18 $
Chicken Breasts, Boneless and Skinless, 1 kg
10.68 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
12.94 $
Apples, 1 kg
3.71 $
Banana, 1 kg
1.94 $
Oranges, 1 kg
3.11 $
Tomato, 1 kg
3.37 $
Potato, 1 kg
1.61 $
Onion, 1 kg
2.45 $
Lettuce, 1 head
1.81 $
Water, 1.5 liter Bottle
2.22 $
Bottle of Wine, Mid-Range Price
13.73 $
Domestic Beer, 0.5 liter Bottle
2.49 $
Imported Beer, 0.33 liter Bottle
3.92 $
Pack of Cigarettes
11.36 $

Transportation prices

If you're traveling to Red Deer, Canada, you'll be pleased to know that the city offers a number of transportation options to help you get around. One of the most popular options is the local taxi service, which can provide convenient and comfortable transportation to any destination within the city. Alternatively, if you're looking to save some money and get a bit more exercise at the same time, you may want to consider renting a bike. Several bike rental shops are scattered throughout the city, allowing you to explore Red Deer at your own pace while enjoying the fresh air and beautiful scenery.

In addition to taxis and bikes, Red Deer also has an excellent public transit system. This includes a network of buses that operate throughout the city, with affordable fares and frequent service. Whether you're looking to travel downtown, to the outskirts of the city, or anywhere in between, the public transit system can help you get there quickly and easily. And if you're looking for a more environmentally friendly option, Red Deer has a number of electric vehicle charging stations located throughout the city, making it easy for you to recharge your car and continue on your journey.

One-way Ticket, Local Transport
1.96 $
Monthly Pass, Regular Price
55.92 $
Taxi Start, Normal Tariff
2.86 $
Taxi, price for 1 km, Normal Tariff
1.36 $
Taxi, price for 1 hour Waiting, Normal Tariff
29.04 $
Gasoline, 1 liter
0.79 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
21,975.52 $

Utilities Per Month prices

When traveling to Red Deer, it's important to consider the cost of utilities. Typically, the cost of utilities is higher in Canada compared to other countries, and Red Deer is no exception. However, the cost will depend on several factors such as the size of the home or apartment and the usage of water and electricity.

It's also worth noting that Red Deer has a vast range of utility providers, offering different packages and incentives for customers. It's essential to research and compare the different providers to ensure you're getting the best deal possible. Some providers offer energy-efficient options, while others focus on renewable energy. Whatever your preference, make sure you're aware of the choices available to you when it comes to utilities in Red Deer.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
172.88 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.30 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
63.96 $

Sports And Leisure prices

Red Deer, located in central Alberta, Canada, offers a wide variety of sports and leisure activities for travelers. For those who love outdoor adventure, the city has over 110 parks, trails, and natural areas to explore, including the famous Heritage Ranch, where visitors can take a horse ride or hike through the stunning ranch setting. Other outdoor recreational activities include golfing, fishing, kayaking, and camping. For those who prefer indoor activities, Red Deer has several fitness centers, skating rinks, and swimming pools to keep active during their stay.

Sports enthusiasts will enjoy Red Deer's thriving sports community with many local teams and leagues for both indoor and outdoor sports such as hockey, volleyball, soccer, and basketball. The city also has several sports facilities where travelers can watch professional teams or engage in athletic training themselves. For those who prefer a more leisurely pace, there are several museums, art galleries, and cultural centers to learn about the history and heritage of Red Deer. With so many options, visitors will find a wide range of sports and leisure activities to enjoy in Red Deer.

Fitness Club, Monthly Fee for 1 Adult
37.41 $
Tennis Court Rent, 1 Hour on Weekend
31.39 $

Salaries And Financing prices

If you're planning to live and work in Red Deer, Canada, it's important to know how the salaries and financing work. The city has a diverse economy, with various industries paying different salaries. The highest paying jobs, on average, are in healthcare, followed by engineering and technology, finance, and trades. On the other hand, the lowest paying jobs are in hospitality, retail, and customer service. It's worth noting that the cost of living in Red Deer is lower than in some other major Canadian cities, so even lower-paying jobs can provide a decent standard of living.

If you're thinking of starting a business in Red Deer, or investing in an existing one, you'll be pleased to know that the city has a strong entrepreneurial spirit and a supportive business environment. Red Deer's economic development department offers a range of incentives and programs to encourage and assist businesses to start, grow, and succeed. Financing options are plentiful and include traditional loans from banks and credit unions, as well as government-backed loans and grants. The city also boasts a number of business incubators and co-working spaces, where entrepreneurs can access mentoring, networking opportunities, and other resources to help them achieve their goals.

Cinema ticket, 1 Seat
11.77 $
Average Monthly Net Salary, After Tax
3,233.11 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
3.38 %

Childcare prices

Childcare prices in Red Deer, Canada can be a strain for parents, especially those with multiple children. However, it is important to note that every school and kindergarten has its own pricing structure that can be influenced by factors such as location, curriculum, and facilities. Some schools may offer financial assistance or subsidies to families who qualify, so it's worth exploring all options before making a decision.

Fortunately, Red Deer has a wide variety of schools and kindergartens to choose from, providing parents with options that cater to their unique needs. From bilingual programs to Montessori schools, there is an abundance of educational standards and approaches to choose from. It's essential to research different schools and visit their premises to see which one is best suited for your child. Overall, while childcare prices can be steep, the education and socialization benefits that your child will receive greatly outweigh the financial cost.

Private Preschool or Kindergarten, Monthly for 1 Child
807.73 $
International Primary School, Yearly for 1 Child
14,127.12 $

Clothing And Shoes prices

Shopping for clothing and shoes in Red Deer, Canada is a delightful experience that will not break the bank. The city is home to several shopping centers, department stores, and boutique shops that offer trendy and stylish pieces for everyone. Whether you're in search of everyday clothes or a dressy outfit for a special occasion, you're sure to find what you're looking for in Red Deer.

One of the best places to buy quality clothing and shoes in Red Deer is at Bower Place Shopping Centre. This vast mall boasts an impressive array of stores that cater to varying fashion tastes. From fast fashion brands to luxury designers, Bower Place Shopping Centre has something for everyone. If you prefer smaller shops, you can stop by the stylish Wildflower Clothing, where you can find a unique collection of casual and formal wear. Alternatively, you can visit C & E Fashions for trendy shoes and accessories to elevate your outfit.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
47.09 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
37.06 $
Pair of Running Shoes, Mid-Range Price
74.91 $
Pair of Leather Business Shoes
89.39 $

Rent Per Month prices

If you're planning to visit Red Deer, Canada, you'll be happy to know that there are plenty of short-term rental options available in the city. From cozy apartments to spacious houses, you'll find something that suits your needs and budget. Apart from affordable prices, these short-term rental accommodations come with modern amenities and facilities. Depending on your preferences, you can find places with fully-equipped kitchens, high-speed internet, air conditioning, and more. Whether you're visiting for business or pleasure, short-term rental options offer a comfortable and convenient stay in Red Deer.

Red Deer offers a wide range of stay options, so you can choose the best accommodation based on your needs and preferences. If you're looking for a quick stay, hotels and motels are great options. With various amenities, like breakfast and Wi-Fi, you can have a comfortable stay while enjoying Red Deer. Another option is bed and breakfasts, where you can experience the local culture and hospitality while enjoying a cozy environment. Additionally, vacation rentals offer a great way to enjoy the city with friends and family. You can find spacious houses with multiple rooms and a wide range of amenities that cater to everyone's preferences. Whatever your needs and budget, Red Deer has various stay options that cater to all kinds of travelers.

One bedroom apartment in city centre
721.42 $
One bedroom apartment outside of city centre
671.48 $
Three bedroom apartment in city centre
995.77 $
Three bedroom apartment outside of city centre
1,033.38 $

Buy Apartment prices

Red Deer, located in central Alberta, Canada, is a hotspot for real estate investment. With a population of over 100,000, the city boasts numerous real estate buying options that cater to a range of preferences, including single-family homes, condominiums, townhouses, and more. Depending on the location and type of property, the prices vary, but overall, Red Deer offers affordable options for homebuyers.

In recent years, Red Deer's real estate market has been consistently growing, making it an attractive option for those looking for a profitable investment. For those who are looking for a long-term investment, buying a property in Red Deer is a wise decision. Many properties appreciate in value over time, providing a sound return on investment. The city's location, favorable climate, and top-notch amenities also add to its overall value as a great place to live, work, and play.

Price per m2 to Buy Apartment in City Center
4,277.09 $
Price per m2 to Buy Apartment Outside of City Center
3,967.81 $