Calgary vs. Edmonton AB: 8 Things to Know Before Moving
Posted by Justin Havre on Monday, June 3rd, 2024 at 9:14am.
When comparing Calgary and Edmonton, you'll find that both cities offer comparably sized populations and abundant opportunities to work, learn, and play. Housing prices are higher in Calgary, making Edmonton the more affordable option. Additionally, Calgary's housing prices have been increasing, leading to competition, while Edmonton offers more stable housing prices. Both cities present unique opportunities in job markets, education, and quality of life, catering to diverse preferences and interests. Before moving to Calgary or Edmonton, be sure to further explore for a detailed look at the differences between the two.
Key Points
- Calgary has a slightly larger population of 1.3 million residents, surpassing Edmonton's 1 million.
- Calgary offers a bustling urban feel with higher housing prices, while Edmonton is quieter with more affordable housing options.
- Edmonton's colder temperatures and focus on outdoor activities appeal to winter sports enthusiasts.
- Calgary's milder winters with sudden temperature changes are influenced by Chinook winds.
- Both cities offer quality education, job opportunities, and a variety of amenities for residents' well-being.
Population & Climate
While they are comparably sized cities, Calgary’s population is slightly larger. Both cities are experiencing a population surge, with more residents moving to both Calgary and Edmonton. Calgary’s top suburbs, too, have seen significant population growth. Thanks to this growth, residents of either city can enjoy a wide range of cultural events, dining options, and recreational activities.
When it comes to climate, Edmonton is known for its colder temperatures and long winters, making it a haven for winter sports enthusiasts. The city receives more total snowfall than Calgary from November through March, creating a picturesque winter wonderland.
In contrast, Calgary experiences milder winters thanks to the Chinook winds that blow through the region. These warm winds can lead to sudden temperature changes, providing residents with relief from the cold and snowy weather.
Whether you prefer the vibrant urban lifestyle and festivals in Calgary or the outdoor adventures of Edmonton, both cities offer unique experiences shaped by their population and climate conditions.
Housing Market Overview
When comparing the housing markets of Calgary and Edmonton, significant differences emerge.
Both cities feature apartments, condos, and detached homes available at a range of prices. However, Calgary has many homes in the $600s to $800s, while you can find homes in the $400s and $500s in Edmonton. Additionally, recent trends show that Calgary's housing market is experiencing fast appreciation, making affordability an important factor for potential buyers to take into account.
Prices in Calgary
Calgary's housing market presents prices that tend to exceed those in Edmonton, with many detached homes available from the $600s to the $800s. Luxury homes in Calgary are usually priced from $1 million to $5 million, though exceptional properties can reach $10 million.
Calgary’s condos are typically priced from the mid-$100s to $1 million, but luxury condos with abundant amenities can approach $5 million. In 2023, Calgary's housing prices increased by 7.3%, indicating a robust real estate market. However, Calgary is grappling with a shortage of affordable homes, leading to swifter price hikes and fostering a competitive market environment.
Despite the higher housing prices in Calgary, the city continues to witness growth and demand in its real estate sector. This disparity in housing prices between the two cities showcases Calgary as a more expensive real estate market, attracting buyers seeking higher-end properties or investment opportunities.
Trends in Edmonton
Although Edmonton’s average home prices have seen historic highs in recent years, the city’s housing prices remain lower than in Calgary. The Edmonton housing market remains robust, offering buyers a range of affordable options. Home prices increased by 5.9% in 2023, indicating a slower pace than Calgary.
Cost of Living Comparison
When comparing the cost of living in Calgary and Edmonton, you'll find that housing expenses in Calgary tend to be higher due to the average house prices and rental costs.
Edmonton expenses are lower in other categories as well. You’ll find that groceries, healthcare, and transportation costs are lower in Edmonton compared to Calgary. Considering these overall costs is important when choosing between the two cities.
Job Opportunities and Economy
Amidst the contrasting economic landscapes of Calgary and Edmonton, the job opportunities in both cities present distinct advantages and strengths. Calgary's economy thrives on industries such as energy, finance, and technology, offering a diverse range of employment options. With a larger white-collar workforce, Calgary boasts a higher job availability compared to Edmonton, providing individuals with a wide array of career paths to explore.
On the other hand, Edmonton's job market shines in manufacturing and government sectors, ensuring stability and various employment opportunities for its residents. Edmonton is a leader in advanced manufacturing jobs in Canada, showcasing its industrial prowess and the strength of its workforce in this sector.
Both cities offer unique prospects for job seekers, catering to different preferences and skill sets. Whether you're inclined toward the energy sector and finance in Calgary’s City Centre or the manufacturing and government sectors in Edmonton, each city presents its own set of economic opportunities for individuals looking to establish themselves in the job market.
Education & Schools
When it comes to education facilities and quality, both Calgary and Edmonton offer a diverse range of academic institutions catering to a wide spectrum of student needs and interests. Edmonton, being home to the University of Alberta, provides a wide array of academic programs, including 200 undergraduate programs.
On the other hand, Calgary boasts five universities, including the University of Calgary in Northwest Calgary, which is known for its strong research programs and innovative educational opportunities. Both cities provide further advanced degree options through institutions such as Mount Royal University in Calgary’s Lincoln Park neighbourhood and NAIT in Edmonton.
Edmonton is renowned for its schools, which offer academic programs and robust support services that cater to diverse student needs and interests. Similarly, Calgary and Edmonton offer various primary and secondary schools with specialized programs and extracurricular activities aimed at enriching student learning experiences. These institutions aim to provide a well-rounded education that prepares students for future endeavours and equips them with the necessary skills to succeed in their chosen fields.
Activities & Amenities
When evaluating the activities and amenities in Calgary and Edmonton, both cities offer a diverse range of features that contribute to a well-rounded living experience. There are tons of things to do in Calgary year-round, from its vibrant and bustling neighbourhoods to its top suburbs. Residents enjoy many amenities like parks, shopping districts, and cultural attractions.
On the other hand, Edmonton boasts abundant green spaces, river valley parks, and outdoor recreational activities, enhancing its residents' overall quality of life. The city's rich cultural scene, characterized by numerous festivals, museums, and theatres, offers ample entertainment and community engagement opportunities.
Both Calgary and Edmonton prioritize their residents' well-being by offering various amenities, including sports facilities, libraries, and public events. These amenities cater to diverse interests and contribute to an enriched quality of life in both cities.
Whether you prefer the urban vibrancy of Calgary’s best neighbourhoods or Edmonton's natural beauty and cultural offerings, both cities aim to provide a high standard of living and an array of amenities to meet the needs of their residents.
Choose a City to Call Home
Both Calgary and Edmonton present unique advantages and opportunities for residents. Calgary boasts a larger population and a slightly milder climate, while Edmonton offers a more affordable housing market.
The overall cost of living in both cities is relatively similar, with job opportunities and educational facilities easily accessible. Additionally, both cities provide a high quality of life and a variety of amenities. Ultimately, choosing between the two cities depends on personal preferences and priorities.
If you're interested in Calgary real estate, contact Justin Havre Real Estate Team with eXp Realty with Calgary Homes at (403) 217-0003 to get in touch with a local real estate agent who can help you find your Calgary dream home today.