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www.woodbuffalo.net > About Wood Buffalo > Cost of Living
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Cost of Living

Intro
Housing
Other Accommodations

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

 

 
 
This website is funded by the Government of Alberta.