Cost of Living in Banff vs Balboa

Cost of living in Banff is 60% higher than in Balboa (without rent).

Rent in Banff is 47% more expensive than in Balboa.

Cost of living including rent in Banff is 53% higher than in Balboa.

Food in Banff is 62% more expensive than in Balboa.

Transport in Banff is 115% more expensive than in Balboa.

Banff vs. Balboa Comparision

Banff Balboa
Cost of Living, including rent
1,914 $
1,249 $
Without Rent
929 $
580 $
Rent & Utilities
985 $
669 $
Food
718 $
442 $
Transport
81 $
38 $
Monthly Salary, after tax
2,097 $
862 $
Quality of Life
54
47
Population
8.3K
62.9K

Compare other cities?

Banff Balboa

Restaurants

Lunch menu,
inexpensive restaurant
23.8 $ 11.4 $
Dinner, for 2 73.6 $ 55.8 $
Fast food, McDonalds or KFC 8.84 $ 7.67 $
Beer, 0.5 L or 16 fl oz 7.34 $ 2.86 $
Capuccino 4.89 $ 4.08 $
Coke, 330ml 2.33 $ 1.91 $

Markets

Milk, 1 L or 1 qt 1.9 $ 1.73 $
Bread, 0.5 kg or 1 lb 2.17 $ 2.23 $
Rice, 1 kg or 2 lb 5.85 $ 2.26 $
Eggs, 12 pack 3.51 $ 2.66 $
Cheese, 1 kg or 2 lb 12.6 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 15.7 $ 7.36 $
Round Steak, 1 kg or 2 lb 30.9 $ 10.1 $
Apples, 1 kg or 2 lb 3.68 $ 3.24 $
Banana, 1 kg or 2 lb 1.68 $ 1.54 $
Oranges, 1 kg or 2 lb 5.22 $ 3.05 $
Potatoes, 1 kg or 2 lb 4.25 $ 2.19 $
Onions, 1 kg or 2 lb 3.58 $ 2.49 $
Water, 1 L or 1 qt 1.96 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.43 $ 2.44 $
Wine, 750 mL bottle 18.5 $ 8.93 $
Beer, 0.5 L or 16 fl oz 3.67 $ 1.13 $
Cigarette pack 14.8 $ 5.94 $

Transport

Local transport ticket, One-way Ticket 1.49 $ 0.39 $
Monthly pass, Monthly Ticket 69.9 $ 28.3 $
Gas or petrol, 1 L or 0.26 gal 1.04 $ 1.02 $
Taxi, 8 km 32.2 $ 14.6 $

Personal Care

Doctor visit, private clinic 65.3 $ 46.7 $
Cold medicine, for 1 week 8.39 $ 10.9 $
Hair shampoo, 400 ml or 12 oz 5.48 $ 6.51 $
Toilet paper, 4 rolls 2.85 $ 2.97 $
Toothpaste, 1 tube 2.23 $ 2.86 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
125 $ 77.5 $
Utility bill - family,
electricity, heating, water & garbage
192 $ 118 $
Internet plan,
+60 Mbps
71.1 $ 47.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 802 $ 493 $
3 Bedroom Apartment, outside of center, 85 sq.m 3,091 $ 1,015 $
1 Bedroom Apartment, in city center, 40 sq.m 733 $ 745 $
3 Bedroom Apartment, in city center, 85 sq.m 1,340 $ 1,558 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,632 $ 2,284 $
Price per Square Meter to Buy House, in suburbs 3,213 $ 1,473 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,097 $ 862 $
Mortgage Interest Rate, for 20 years fixed-rate 6.78 % 6.27 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 77.1 $ 41.2 $
Cinema, 1 seat 8.87 $ 6.62 $
Haircut 21.2 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 104 $ 88.6 $
Brand Jeans, Levis 501 40.5 $ 53.2 $

Childcare

Preschool, full day, monthly for 1 child 874 $ 436 $
International Primary School, yearly for 1 child 15,480 $ 9,387 $