How much does it cost to live in Calgary?

Typical monthly costs in Calgary are approximately C$1,700 in rent and C$1,500 in other expenses, totalling around C$3,200/month.

How much should I save in Calgary?

Based on Statistics Canada SHS 2023, people at mid-range incomes in Canada typically save 12–20% of gross income. In a high cost city like Calgary, housing costs can reduce this, particularly for renters.

Calgary · CAD · high cost city

Cost of living in Calgary — is your salary enough?

Calgary rents average C$1,700/month, with strong demand driven by energy-sector employment. Calgary's combination of high energy-sector incomes and moderate costs creates strong conditions for mid-income saving.

Rent in Calgary

BudgetC$1,300 – C$1,550/mo

TypicalC$1,700 – C$1,950/mo

PremiumC$2,200+/mo

Other monthly costs

Food, transport, bills, going out~C$1,500/mo

Total typical monthly spend~C$3,200/mo

How different incomes stack up

At typical Calgary costs (C$1,700 rent)

C$40,000 – C$55,000→ saving -5%

Critical

C$55,000 – C$75,000→ saving 14.4%

Ahead

C$75,000 – C$105,000→ saving 38.2%

Ahead

See your personal verdict for Calgary

Country

Annual income (gross)C$65,000

C$15,000C$232,500C$450,000+

Monthly rent or mortgageC$1,700/mo

C$0C$4,000C$8,000+

Other monthly expenses

Food, transport, subscriptions, going out — everything except rent

C$1,750/mo

C$0C$3,750C$7,500+

Age (optional — improves benchmark)

Do you invest regularly? (optional)

No signup required. Results are instant and private.

Cost figures are estimates based on reported median rents and typical spending patterns. Savings benchmarks from Statistics Canada SHS 2023. Figures in CAD.

Check your savings rate in Calgary →

Compare nearby cities

Vancouver Montreal Toronto

Also in the Verdict suite

SalaryVerdict — Is your Calgary salary competitive?SpendVerdict — Is your Calgary rent too high?