- Medicine Hat & Area Facts
- Interesting Facts
- Medicine Hat Utilities
- Medicine Hat Population
- Our Community
- Retails Sales vs Population
- Cost Of Living
- Sales Team

 

 

 

 

 

 

Cost Of Living

 

	2000	2005	Percentage Change 2000-2005
Canada	$76,569	$82,325	7.5%
Alberta	$82,430	$98,240	19.2%
Calgary	$95,166	$116,013	21.9%
Medicine Hat	$69,749	$80,882	16.0%
Lethbridge	$69,463	$75,419	8.6%
Red Deer	$77,553	$90,333	16.5%

 

Housing:
- In 2007 the rental vacancy rate of two bedroom apartments was 1.6%: this was 40.7% lower than the average for all Census Agglomerations.  The rental vacancy rate was up 166.7% from that in 2006.

- In 2006, the average house costs were equivalent to 2.9 years of annual income for the median family.  This ratio was 34.0% lower than the national average and 21.0% lower than the provincial average.

- At 1,098 housing starts in 2007, Medicine Hat saw a 60.1% increase from the 686 housing starts in 2003.  This compares to a national increase of 4.5% and a 33.6% increase in Alberta.

- In 2007, out of 24 cities surveyed, Medicine Hat ranked the third lowest with a tax rate of $1,665 for a single detached home in Canada.  The property taxes for a single detached home in Medicine Hat increased 5.7% from 2006 to 2007.