Cold Lake South

Neighbourhood in Cold Lake · Alberta · Population 2,658

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Approximate boundaries

Cold Lake doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Cold Lake.

Housing and jobs

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

Affordability

66 · Good

Average monthly rent$1,288/month

Cold Lake: $1,238/month · Canada: $1,209/month · 2006: $999/month (estimated) · 2016: $1,074/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

City-wide figure for Cold Lake · CMHC, 2025

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

City-wide figure for Cold Lake · CMHC, 2025

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

City-wide figure for Cold Lake · CMHC, 2025

Median dwelling value (owner-estimated)$235,833

Cold Lake: $300,000 · Canada: $472,000 · Estimated · 2016: $347,728 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.1%

Cold Lake: 16.2% · Canada: 20.9% · 2006: 17.2% (estimated) · 2016: 17% (estimated) · Statistics Canada, 2021

Economy

42 · Average

Median household income$89,425

Cold Lake: $105,000 · Canada: $84,000 · Estimated · 2006: $80,384 (estimated) · 2016: $100,612 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.6%

Canada: 5.2% · City-wide figure for Cold Lake · Statistics Canada, 2021

Unemployment rate10%

Cold Lake: 7.8% · Canada: 10.3% · 2006: 3.9% (estimated) · 2016: 7.9% (estimated) · Statistics Canada, 2021