Cold Lake

Town · Alberta · Population 15,661

Housing and jobs

Housing costs, rents, incomes and jobs in Cold Lake, with comparisons and sources.

28 · Below average

Average monthly rent$1,238/month

AB: $1,332/month · Canada: $1,209/month · 2006: $1,006/month (estimated) · 2016: $1,444/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,092/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,328/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,472/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$300,000

AB: $400,000 · Canada: $472,000 · 2016: $385,688 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.2%

AB: 21.2% · Canada: 20.9% · 2006: 13.5% (estimated) · 2016: 14.1% · Statistics Canada, 2021

57 · Average

Median household income$105,000

AB: $96,000 · Canada: $84,000 · 2006: $99,080 (estimated) · 2016: $119,659 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.6%

AB: 4.8% · Canada: 5.2% · 2016: 8.1% · Statistics Canada, 2021

Unemployment rate7.8%

AB: 11.5% · Canada: 10.3% · 2006: 3.6% (estimated) · 2016: 8.5% · Statistics Canada, 2021