In Feb 2023, you will have to spend a minimum of $3200 to live in Alberta with a family of four. That is, when you are living at limited resources with zero dollar for entertainment or restaurants. For a lower middle class life, you need $4000.
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Approx. monthly expenses break down given below:
Rent including utilities: $1200 to $1600
2 mobile phones with data: $100 to $160
Two adult bus passes (for using bus for transportation): $224 ($112 per head for adults; $82 per head for kids; FREE for kids under 12 years of age)
If you buy car(s): You may subtract any bus passes that won't be used and then add $200 for gas price+$300 for car insurance+$8 for registration+$25 to $50 for maintenance (if you have car loan, that should be added here)
Child care (day care): $290 to $600 per child depending on the day care (remaining amount given by government as long as both of you are working; if one of you is not working then daycare expense will be $1300 to $2000; enquire with atleast 10 to 20 daycares until you get the cheapest)
Schooling is almost free (annual cost for books etc is about $200/kid)
Medical expenses: All treatment at hospitals including medicines you eat while you stay in the hospital are free; when you leave the hospital you have to purchase your medicines; all doctor consultations at all medical clinics are free; you have to spend money to purchase the medicines they suggest/prescribe during the free consultation. any prescription medication is approximately between $20 to $50. Any OTC medication is approx btw $5 to $30.
Dental and eye consultations are NOT free. You have to spend money for those. Each consultation is approximately $75 to $120. A pair of glasses including frame costs approx $200 to $400.
Grocery for four to cook at home: $1000
Miscellaneous costs: $200
Hi everyone, what's the cost of living in Alberta as a family of foursome?