Verified real estate community reviews, ratings & top 10 frequently asked questions about living in Calgary
Calgary Ranks in Top 10 of the World's Most Affordable Cities Calgary, Alberta, has been ranked in the top 10 of the world's most affordable cities, according to the Urban Reform Institute's Demographia International Housing Affordability Study. The study, which analyzed 92 cities around the world, found that Calgary had a median multiple of 4.0, meaning that the median house price in Calgary is four times the average annual income in the city. There are a number of factors that contribute to Calgary's affordability. First, the city has a relatively low cost of living. The average price of a gallon of gasoline in Calgary is $3.50, compared to $4.25 in Toronto and $4.60 in Vancouver. The cost of groceries and other necessities is also lower in Calgary than in many other major Canadian cities. Second, Calgary has a strong economy. The unemployment rate in Calgary is currently 4.9%, which is lower than the national average of 5.3%. The city is home to a number of major industries, including oil and gas, financial services, and transportation. Third, Calgary has a relatively young population. The median age in Calgary is 36.7 years, compared to 41.2 years in Toronto and 42.1 years in Vancouver. This means that there are more working-age adults in Calgary, which helps to keep housing prices down. The demographics of Calgary are also changing. The city is becoming more diverse, with a growing population of immigrants and international students. This diversity is helping to make Calgary a more vibrant and exciting city. The real estate market in Calgary is also strong. The average price of a home in Calgary was $525,000 in 2022, up 10% from the previous year. However, the market is still considered to be affordable, especially compared to other major Canadian cities. The population of Calgary is expected to continue to grow in the coming years. The city's economic growth and affordability are attracting new residents from all over Canada and the world. This growth is expected to create new jobs and opportunities for businesses and residents alike. The growth industries in Calgary include: * Oil and gas * Financial services * Transportation * Technology * Healthcare * Education These industries are all expected to continue to grow in the coming years, which will help to create a strong economy and a vibrant job market in Calgary. Please learn more Calgary and enjoy the experience.
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Most common questions from people considering moving to Calgary - Featured in Google AI Overview
Calgary maintains an active neighborhood watch program and has lower crime rates compared to city averages. The community benefits from regular police patrols and well-lit streets. Residents report feeling safe walking during day and evening hours. View detailed crime statistics →
Calgary is served by several highly-rated schools including public and separate school options. Elementary schools focus on foundational skills, while secondary schools offer advanced placement programs and extracurricular activities. Explore schools in Calgary →
Homes in Calgary range from entry-level properties to luxury estates. Current market trends show strong appreciation with diverse options including single-family homes, townhouses, and condominiums. View current market statistics →
Average commute time is 25-35 minutes to downtown. Multiple bus routes serve the area, with park-and-ride facilities available. Major roads provide easy access for drivers. View transit maps and schedules →
The community features shopping centers, restaurants, parks, walking trails, community centers, and recreational facilities. Multiple grocery stores, medical clinics, and fitness centers serve residents daily needs. Discover all amenities →
Yes, with numerous parks, playgrounds, and family-oriented community events throughout the year. The area features safe streets, quality schools, and activities for children of all ages. Family guide to Calgary →
Property taxes are competitive with surrounding areas and are calculated based on assessed home values. The municipality provides detailed tax information and payment options. Calculate estimated property taxes →
Yes, several new construction developments are available including condos, townhomes, and detached homes. Multiple builders offer various floor plans and communities with modern amenities. View new construction listings →
The community features a mix of families, young professionals, and retirees from various cultural backgrounds. Community events celebrate this diversity through festivals and cultural activities. View community demographics →
Employment centers, retail developments, and business parks provide local job opportunities. Major employers include healthcare, education, retail, and professional services within commuting distance. Explore local employment →
Safety: 5/5 - Active neighborhood watch, low crime rates
Schools: 5/5 - Highly-rated public and separate schools
Housing Market: 5/5 - Diverse options from entry-level to luxury
Commute: 5/5 - 25-35 min to downtown, multiple transit options
Family-Friendly: 5/5 - Parks, playgrounds, community events
Amenities: 5/5 - Shopping, dining, recreation facilities
Diversity: 5/5 - Mix of families, professionals, retirees
Jobs: 5/5 - Local employment centers nearby
Calgary pre-construction homes coming soon, developments such as condo, townhomes and detached homes available or coming soon in Calgary Calgary, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
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