Fort
McMurray housing prices are the highest in the province
so the assumption is often made that all Fort McMurray
prices are high. In fact, other costs in Fort McMurray
are similar to other centres. All
prices are in Canadian funds (currency
converter). There are many opportunities to earn high wages in Wood Buffalo. In 2011, it is projected that 64% of households will have in income of over $100,000. For more information about the cost of living in Fort McMurray visit: www.woodbuffalo.ab.ca.
Statistics Canada's cost
of living information is
available online.
According to the Canadian
Mortgage and Housing Corporation (CMHC), affordable
dwellings cost less than 30 per cent of before-tax household
income. So, if a person is paying more than 30 per cent
of their income on housing, it is not affordable. (E.g.
Using the April 2011 two-bedroom average of $2,152
per month, a person would have to make at least $86,080
annually for it to be affordable. In June 2009,
with the average two-bedroom costing $2,177, a person
would have had to make $87,080).
Gasoline
Self-serve pumps at Fort McMurray gasoline stations posted gasoline prices just below $1.00 per
litre in November 2009. Current posted prices are sometimes available at Rock 97's website. Discounts of 3.5¢ to 7.5¢ per litre
may be offered at the pumps in response to increased
competition. Compare this price with those posted across the country in
the Weekly
Pump Price Survey.
Previous high $1.40, August 6, 2008
Previous low 54.9¢, January 2002
Food Prices
Competition in the retail food market as reflected
by food price surveys indicate that prices in Fort
McMurray are
in line with other Alberta cities.
Alberta Health Care Premiums
Albertans no longer have to pay Alberta Health Care premiums.
Day care:
Day care costs vary with age of child and hours of
care. Prices may change
without notice. For help finding child care: Northeast Alberta Child and Family Services.
School Registration fees:
Fort McMurray Public Schools
Fort McMurray Catholic Schools |