Park Meadows, Alberta Cost Of Living

A+

17%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

67%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Park Meadows	Lethbridge	Alberta
Cost of living	83	85	100
Goods & Services	106	106	105
Groceries	100	100	99
Health care	103	103	101
Housing	33	42	88
Transportation	95	95	94
Utilities	112	112	122

Cost Of Living Quick Facts

The cost of living in Park Meadows is 17% lower than the Lethbridge average
The cost of living in Park Meadows is 17% lower than the national average
Park Meadows housing is 67% lower than the national average
Alberta general sales tax is 100% lower than the national average
Alberta state income tax is 19% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Alberta Sales Tax

State	General Sales Tax	With Max Surtax
Alberta	0%	5%

Alberta Income Tax

State	Income Tax (Low)	Income Tax (High)
Alberta	10%	15%

Goods & Services

Item	Lethbridge	National avg.	Difference
Personal Care	$103.00	$94.33	9.2%
Recreation	$105.00	$102.33	2.6%

Groceries

Item	Lethbridge	National avg.	Difference
Meat, Poultry and Fish	$103.00	$102.27	0.7%
Dairy Products and Eggs	$102.00	$104.67	2.5%
Bakery and Cereal Products	$99.00	$111.67	11.3%
Fruit and Vegetables	$104.00	$113.40	8.3%
Alcoholic Beverages	$101.00	$105.80	4.5%

Health Care

Item	Lethbridge	National avg.	Difference
Doctor	$103.00	$101.07	1.9%

Housing

Item	Lethbridge	National avg.	Difference
Home Price ($)	$369,011.00	$659,395.00	44.0%
Apartment Rent ($)	$1,390.00	$2,146.00	35.2%

Transportation

Item	Lethbridge	National avg.	Difference
Gasoline	$85.00	$102.07	16.7%

Utilities

Item	Lethbridge	National avg.	Difference
All Electricity	$103.00	$98.60	4.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Coalhurst, AB	2,866	83	17.2%
Nobleford, AB	1,570	83	16.9%
Picture Butte, AB	2,016	84	16.4%
Coaldale, AB	9,383	85	15.3%
Lethbridge County, AB	11,635	93	6.9%
Lethbridge, AB	101,384	85	14.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Kamloops, BC	101,505	92	8.1%
Nanaimo, BC	101,513	94	6.3%
Renton, WA	101,871	n/a
Vista, CA	100,659	n/a
Tuscaloosa, AL	100,633	n/a
Lethbridge, AB	101,384	85	14.7%