10 Most Expensive Cities to Live in Canada

1. Calgary

Household expenditure: 95,187; Rank: 1

House price: 462,666; Rank: 4

Average rank: 2.5

Calgary, the largest city in Alberta province, ranks first on our list of 10 most expensive cities to live in Canada. The city, whose residents have one of the highest incomes in the country, is the center of Canada’s oil industry. Around 68.500 people are employed in the energy sector which significantly contributes to city’s budget. This is the place with highest median household income estimated at $83,473, as well as with highest household expenditures. Despite the strong economy, in last few months, the number of available jobs dropped by 2.3 percent while the unemployment rate is 7.7 percent currently. Maybe the most important thing to know about Calgary is that it is the cleanest city in the world. With that fact in mind, spending $462,666 on a home doesn’t seem so much.