Categories
News

Lethbridge has the highest rent as a percentage of monthly income in Alberta

I recently tracked down stats for the average cost of a 1-bedroom apartment in 6 Alberta cities: Calgary, Edmonton, Grande Prairie, Lethbridge, Lloydminster, and Red Deer.

1 bedroom rentAvg monthly wageMedian monthly wageRent as % of avg wage
Lethbridge$923.00$3,733.75$3,000.5824.72%
Edmonton$1,014.00$4,566.75$3,589.0822.20%
Red Deer$983.00$4,428.25$3,338.5022.20%
Calgary$1,179.00$5,380.50$3,637.5821.91%
Grande Prairie$1,026.00$4,894.58$4,034.9220.96%
Lloydminster$838.00$4,968.08$3,765.7516.87%

Rent in Lethbridge is the second lowest of the 6 cities, at $923 per month.

I also happen to have income stats for those 6 cities. Lethbridge has the lowest average monthly wage of the 6 cities, at $3,733.75.

When we compare the cost of rent to the average monthly wage, it gives us an even starker story. Lethbridge renters pay the highest portion of their monthly income to rent, at nearly 25%.

Edmonton and Red Deer are tied for the second highest at 22.2%. Calgary is in third at 21.9%, Grande Prairie is in fourth at 20.96%, and Lloydminster is the lowest at 16.87%.

Keep in mind that this is based on 1-bedroom apartments, so larger housing would, of course, be more expensive. Also, keep in mind that this is average wages, which includes people who make, say, hundreds of thousands of dollars a year.

Regardless, the data once again shows that it’s expensive to live in Lethbridge.

Support this story

  • 109 people sent me a one-time donation. Donate once
  • 163 people send me a donation every month. Donate monthly
  • 205 people receive my monthly newsletter. Sign up

By Kim Siever

I live in Lethbridge with my spouse and 5 of our 6 children. I’m a writer, focusing on political news, social issues, and the occasional poem. My politics are radically left. I recently finished writing a book debunking several capitalism myths. My newest book writing project is on the labour history of Lethbridge.

I’m also dichotomally Mormon. And I’m a functional vegetarian: I have a blog post about that somewhere around here. My pronouns are he/him, and I’m queer.

Comment on this story

This site uses Akismet to reduce spam. Learn how your comment data is processed.