10 Most Expensive Cities to Live in Canada

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6. Edmonton

Household expenditure: 80,527; Rank: 5

House price: 375,619; Rank: 9

Average rank: 7

Edmonton, the capital of Alberta province, has a population of 1,328,300. Compared to 2014, the city slipped 25 spots to 33rd place on Monesense’s latest list of best Canadian cities to live in. One of the problems that community recently faced is increasing unemployment rate. In last six months, it has reached 6.2 percent mainly as a result of drop down of oil prices which caused layoffs. Households in Edmonton spend $80,527 annually while the average home price is $375, 619. Moneysense estimates that it takes 4.1 years to buy a home in the city.

10 Most Expensive Cities to Live in Canada

Page 6 of 11