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Cost of Living in Red Deer, Alberta

Red Deer

Red Deer, Alberta

Red Deer is located in Central Alberta next to the Queen Elizabeth II Highway (also known as Highway 2), the busiest highway in Alberta, which runs north to south between Edmonton and Calgary.

Red Deer is a city in Alberta, about halfway between Calgary and Edmonton. Known for being one of Canada's most entrepreneurial cities, Red Deer is competitive with other large cities in Alberta and Western Canada. Other Red Deer advantages include access to major transportation routes, the Red Deer Regional Airport, readily available land for sale or lease and low tax rates.

Summary of cost of living in Red Deer, Alberta

  • A family of four estimated monthly costs are 4,541CAD without rent.
  • A single person estimated monthly costs are 1,306CAD without rent.
  • Red Deer is 9.4% less expensive than Toronto.
  • Rent in Red Deer is, on average, 52.9% lower than in Toronto.

Crime rates in Red Deer in 2023

  • Crime Index: 62.09
  • Safety Index: 37.91