Cost of living in Edmonton
Baseline monthly costs and newcomer setup estimates.
Edmonton is located in Alberta. Use these estimates to plan monthly costs and move-in expenses.
Alberta
Last updated: Nov 2025How we calculate
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Monthly baseline (1 adult)
Rent (1bd)$1,301
Groceries$402
Transport$100
Total monthly$1,803
Total annual$21,636
Newcomer setup (one-time)
First month + deposit (2x rent)$2,602
Furniture for a 1-bedroom$2,500
Basic household setup$600
Estimated setup total$5,702
Optional big purchases
Popular new car price (avg)$28,000
Typical financing: $478/mo for 60 months (7.25% APR, $4,000 down).
Estimates only. Actual prices vary by neighborhood, lifestyle, and timing.
Why this matters
Whether you are already in Canada or planning your move, these numbers help you budget for rent deposits, setup costs, and monthly living expenses.