Cost of Living in Banff

Canada

Summary

Cost of living in Banff, Canada is $1,921 and it seems affordable according to the average monthly salary which is $2,226. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$1,921
Cost of Living
$2,226
Average Salary
$1,354
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$1,041.24
Apartment (1 bedroom) Outside of Centre
$950.8
Apartment (3 bedrooms) in City Centre
$2,440.09
Apartment (3 bedrooms) Outside of Centre
$2,271.81

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$2,225.61
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%3.65

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$140.52
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.24
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$59.14

Markets

Name
Price
Milk (regular), (1 liter)
$1.65
Loaf of Fresh White Bread (500g)
$2.02
Eggs (regular) (12)
$2.54
Local Cheese (1kg)
$9.06
Water (1.5 liter bottle)
$1.67
Bottle of Wine (Mid-Range)
$12.49
Domestic Beer (0.5 liter bottle)
$2.07
Imported Beer (0.33 liter bottle)
$2.74
Cigarettes 20 Pack (Marlboro)
$10.49
Apples (1kg)
$2.46
Chicken Breasts (Boneless, Skinless), (1kg)
$9
Oranges (1kg)
$2.4
Potato (1kg)
$1.18
Lettuce (1 head)
$1.7
Rice (white), (1kg)
$2.79
Tomato (1kg)
$2.23
Banana (1kg)
$1.13
Onion (1kg)
$1.71
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$8.91

Transportation

Name
Price
One-way Ticket (Local Transport)
$1.51
Monthly Pass (Regular Price)
$44.93
Gasoline (1 liter)
$0.86
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$18,679.3
Taxi Start (Normal Tariff)
$2.73
Taxi 1km (Normal Tariff)
$1.7
Taxi 1hour Waiting (Normal Tariff)
$24.74
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$17,336.22

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$43.67
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$36.6
1 Pair of Nike Running Shoes (Mid-Range)
$82.03
1 Pair of Men Leather Business Shoes
$87.73

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$11.11
Meal for 2 People, Mid-range Restaurant, Three-course
$44.17
McMeal at McDonalds (or Equivalent Combo Meal)
$6.82
Domestic Beer (0.5 liter draught)
$4.79
Imported Beer (0.33 liter bottle)
$5.17
Coke/Pepsi (0.33 liter bottle)
$1.42
Water (0.33 liter bottle)
$1.17
Cappuccino (regular)
$3.01

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$50.11
Tennis Court Rent (1 Hour on Weekend)
$0
Cinema, International Release, 1 Seat
$9.53

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$540.18
International Primary School, Yearly for 1 Child
$9,844.49

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$5,926.03
Price per Square Meter to Buy Apartment Outside of Centre
$3,407.71

Questions

How much does it cost to live in Banff per month?

The total cost of living is around $1,921 in Banff. The average rent in Banff for a one-bedroom apartment in the city centre is approximately $1,354 per month, and utilities cost around $140 a month. Other costs will be around $708 including markets, transportation, restaurants, and sports and leisure for one-person.

Is Banff expensive to live?

Banff seems not expensive to live in according to the average monthly salary which is $2,226.

What is the average salary in Banff?

A person working in Banff typically earns around $2,226 per month (After tax) and it's not qualification specific. $2,226 is a good salary according to average cost of living which is $1,921.

What is the average rent in Banff?

The average one-bedroom apartment in Banff city centre stands at around $1,354 per month. If you're okay with an apartment outside of the city centre that will be cost around $1,235.