Is Calgary still affordable in 2026?

Yes—but only compared with Canada’s most expensive big cities. In 2026, Calgary still looks more affordable than Toronto, especially because housing costs are generally lower. But “affordable” depends heavily on your income, whether you rent or buy, and whether you already have a place.

The practical answer:

1. For people moving from Toronto or Vancouver: Calgary can still feel relatively affordable, especially on housing.
2. For locals or newcomers on average incomes: it may not feel cheap anymore. Rent, home prices, utilities, insurance, groceries, and transportation can still stretch a budget.
3. For buyers: affordability depends on mortgage rates, down payment, and neighbourhood. Calgary may be better value than Toronto, but that does not automatically make it easy to buy.
4. For renters: Calgary can still be a better deal than Toronto, but rents have risen enough that you should price-check current listings before assuming it is inexpensive.

Bottom line: Calgary is still relatively affordable in 2026 by major-Canadian-city standards, but it is not a “cheap city.” It is best described as more affordable than Toronto, but increasingly expensive for many households.