These are the most affordable places to live close to Calgary

Jul 6 2023, 10:00 am

Housing prices in the city have increased each of the last four months, which may have you looking for a more affordable living option outside of Calgary.

The cost to buy remains very high, while rent prices in Calgary are going up faster than in any other city in Canada.

Luckily for those looking, the latest report from the Calgary Real Estate Board also included numbers on regions around the city.

We’ve crunched the numbers and have found the most affordable towns and cities to live in around Calgary.


cost of living airdrie

Airdrie, Alberta (Ramon Cliff/Shutterstock)

The price in Airdrie went up once again in June, to $511,100 from $502,900. This is now a new record high for Airdrie, passing the old mark set last year.

Inventory levels have been plaguing Airdrie, with demand gobbling up anything that hits the market. In June, there were 221 sales in the city, compared to just 245 new listings.


affordable Calgary


Cochrane also hit a new record high for the benchmark price with the new total coming in at $526,500. That is a jump of over $10,000 from last month.

Sales in Cochrane are down quite a bit from this time last year with the year-to-date sales numbers down 30%.

Affordable Calgary

Calgary Real Estate Board

High River

best places to live


For the fourth month in a row, prices went up in High River. The city took a huge jump this month, up over $10,000. Sales, new listings, and inventory levels are all down over 20% from this time last year.

affordable Calgary

Calgary Real Estate Board


After a bit of a dip last month, the price in Strathmore jumped again. The $407,100 benchmark price is $100 higher than where it was in April, making up for all of the price lost last month and then some.

affordable Calgary

Calgary Real Estate Board


pay parking Alberta

Luis War/Shutterstock

Okay, so it doesn’t meet the criteria of “affordable,” but it is fun to dream about. Canmore is getting closer and closer to the $1,000,000 benchmark, with the price going up almost $20,000 to $920,300.

affordable Calgary

Calgary Real Estate Board

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