Wood Buffalo

Small city · Alberta · Population 72,326

Housing and jobs

Housing costs, rents, incomes and jobs in Wood Buffalo, with comparisons and sources.

22 · Below average

Average monthly rent$1,656/month

AB: $1,332/month · Canada: $1,209/month · 2006: $1,899/month · 2016: $1,985/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,010/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,199/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,457/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,026/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$472,000

AB: $400,000 · Canada: $472,000 · 2016: $663,732 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing12.8%

AB: 21.2% · Canada: 20.9% · 2006: 18.2% · 2016: 12.3% · Statistics Canada, 2021

41 · Average

Median household income$184,000

AB: $96,000 · Canada: $84,000 · 2006: $156,772 · 2016: $211,636 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1%

AB: 4.8% · Canada: 5.2% · 2016: 9.2% · Statistics Canada, 2021

Unemployment rate8.7%

AB: 11.5% · Canada: 10.3% · 2006: 4% · 2016: 7% · Statistics Canada, 2021