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Contact Us Visiting? 13°

Cost Competitiveness

With high wages and low taxes, Edmonton is the place of choice for individuals and businesses.

Affordable Housing

Compared to the rest of Canada, Edmonton has more to offer in the housing sector. Relatively stable house prices over the past several years make Edmonton very affordable compared to other major centres, with house prices lower than they are in Vancouver, Calgary and Toronto.

Housing Prices Chart - Detached Bungalow - Second Quarter 2012

Source: RBC Economics Research

Healthy Rental Market

According to the Canadian Mortgage and Housing Corporation, average rent increased by 2% in the year ending April 2012. Edmonton offers a wide range of rental accommodation throughout the city. 

Lowest Gasoline Prices

Gasoline prices are a major concern for consumers. Edmonton has the lowest gasoline prices compared to other major Canadian cities.

Edmonton's Non-Residential Construction Price Index

After experiencing very dramatic swings in construction costs from 2006 to 2010, non-residential construction costs have stabilized at a pace closer to the national average.

 

For more information:

John Rose

Chief Economist, Financial Services and Utilities

Telephone

780-496-6070

Email John.Rose@edmonton.ca
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