Where Should I Live When I Move to Calgary?
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If you’re looking to move to Calgary and wondering where you should live when you do, this blog post will serve as an in-depth guide for you! Below you’ll find out the details on the best neighborhoods in Calgary and the cost of living (which is important now with inflation). Go on, get your read on, and learn if Calgary is the right move for you!
Key Takeaways
- Calgary is a beautiful city surrounded by nature, which has been voted multiple times one of the most livable cities in the world.
- Divided into 4 quadrants, each of Calgary’s quadrants has its own characters, you can rest assured that you’ll find a neighbourhood (or two) that will match your lifestyle.
- There are many pros of living in Calgary such as residing in one of the cleanest cities in the world, its affordability, good healthcare facilities, and proximity to great outdoor activities as well as city entertainment.
Source – areavibes.com
Best Neighbourhoods to Live In Southwest Calgary
The first quadrant we’ll cover is Southwest Calgary and we’ll explore Bankview, Killarney and Mount Royal, which are considered the best neighborhoods in Calgary hence their higher rents and house prices.
Bankview
One of the oldest neighbourhoods of Calgary, Bankview is a residential area with condos, older homes and high-density apartments with some newer builds as well. One of the attractiveness of this area is that you’re are very close to downtown Calgary, only a few minutes away and have great amenities, shops and restaurants within walking distance of your home.
Popular neighbourhood for young professionals and couples
Median home price: $388,993
Median household income: $61,984
Cost of living is 9% lower than national average
Killarney
Killarney has a trendy and modern feel despite being one of the oldest areas of Calgary. It has everything on your doorstep and downtown is still very close. In this neighbourhood, you’ll find the Killarney Aquatic & Recreation Centre, a great place for families.
Popular neighbourhood for families living multi-generational homes
Median home price: $488,888
Median household income: $97,410
Cost of living is 4% lower than national average
Mount Royal
Mount Royal is one of Calgary’s most wealthy areas. In Upper Mount Royal and Lower Mount Royal, you’ll find many exclusive homes and apartments. highest priced homes in the city. Due to its closeness to Downtown core, it is popular with families.
Popular neighbourhood for families
Median home price: $439,772
Median household income: $73,950
Cost of living is 6% lower than national average
Best Neighborhoods to Live in Northwest Calgary
The Northwest quadrant is popular for its easy access to the Canadian Rockies and the great outdoors.
Arbour Lake
Arbour Lake is a vibrant residential community located in the Northwest quadrant and famous for its man-made lake, which is exclusive to its residents. This area is very popular with families for its beach vibe and also for its community life. Within the community, you’ll find a wide range of restaurants and amenities.
Popular neighbourhood for families
Median home price: $411,197
Median household income: $108,942
Cost of living is 8% lower than national average
Hamptons
Hamptons, close to the northern edge of Calgary, is liked for its quiets and upscale community atmosphere. Those living in Hamptons benefit from an exceptional golf club without having to drive a long distance.
Popular neighbourhood for golf lovers
Median home price: $586,293
Median household income: $146,254
Cost of living is the same as the national average
Edgemont
Edgemont offers the best views of Calgary as it is located on an elevation overlooking the city. You’ll find stunning homes offering city and mountain views. Public transport is rather limited in this area so driving will be your preferred mode of transportation living in Edgemont. There are plenty of parks in the area and most houses are single detached homes.
Popular neighbourhood for those looking for a supportive community
Median home price: $513,333
Median household income: $125,416
Cost of living is 4% lower than national average
Best Neighborhoods to Live in Northeast Calgary
Bridgeland
Bridgeland is a trendy area with quirky shops, bars and restaurants. A short distance to downtown makes it a good choice for young professionals. Bridgeland is home to the Calgary zoo and offers many outdoor activities alongside the north bank of the Bow river.
Popular neighbourhood for easy access to downtown
Median home price: $437,469
Median household income: $72,037
Cost of living is 6% lower than national average
Castleridge
East of Calgary Airport, Castleridge is a residential area with many shops, good amenities and many parks. This area due to its proximity to Calgary Airport offers rent or house prices that are slightly lower than in other areas of town. This area is popular with both families and couples.
Popular neighbourhood for its proximity to Calgary Airport
Median home price: $295,737
Median household income: $74,840
Cost of living is 14% lower than national average
Greenview
Greenview is one of the most affordable parts of Calgary, which makes this area attractive to first time buyers and new arrivants to the city. This area is mainly composed of condos or apartment buildings of which more than half are destined to the rental market.
Popular neighbourhood for first-time buyers
Median home price: $309,141
Median household income:$62,562
Cost of living is 12% lower than national average
Best Neighborhoods to Live in Southeast Calgary
McKenzie Lake
McKenzie Lake is a popular lake community, liked by families. It is famous for its private island and excellent golf facilities. In the area, you’ll find many smaller properties as well as exclusive homes with spectacular views.
Popular neighbourhood for families
Median home price: $449,815
Median household income: $141,997
Cost of living is 6% lower than national average
Midnapore
A stunning lakeside community, Midnapore is a popular residential area of Calgary. It’s a neighbourhood that is well connected to the rest of the city with many roads and Ctrain lines.
Popular neighbourhood for its lakeside properties
Median home price: $366,804
Median household income: $84,332
Cost of living is 10% lower than national average
Inglewood
Located further south than other neighbourhoods mentioned above, Inglewood is experiencing a rebirth as more and more young people are choosing to settle in that part of town. You’ll find many bars, restaurants and even microbreweries, making it a popular spot on weekends. If you’re a hockey fan, you’ll have the Scotiabank Saddledome on your doorstep.
Popular neighbourhood for young people
Median home price: $420,955
Median household income: $92,602
Cost of living is 7% lower than national average
Frequently Asked Questions
You probably have a lot of questions about living in Calgary, so we’ve answered a few in this FAQ.
How much do you need to live comfortably in Calgary?
To live comfortably in Calgary you’ll need around $1,300 before rent as a single person. Adding rent and utilities ($1,600) this would come to a grand total of $2,900 per month to live a comfortable life in the city of Calgary.
What is the safest neighbourhood in Calgary?
The safest neighbourhood in Calgary is Aspen Woods, located in the Southwest quadrant of Calgary and consists mainly of single-family detached houses and acreages.
Final Thoughts
Calgary is a great place to live so if you’re looking for a place to call home, you’ll want to explore the city and compare each of these neighbourhoods to find the perfect fit for you and your family. Once you’ve picked your favourite area, you’ll need to find the best mortgage rates and see what you can afford in your chosen neighbourhood of Calgary.
Ready to start your home journey? Our commission-free mortgage experts at nesto will provide you with honest and transparent advice – nurturing and guiding you throughout this decision-making process.
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