Retiring in Alberta: 6 Best Cities for Retirement
Posted by Justin Havre Real Estate Team on Wednesday, January 15th, 2025 at 11:14am.

Alberta is a great place to retire. Living costs in Alberta are lower than in Ontario and British Columbia, and its provincial tax rates are the lowest in all of Canada, allowing you to stretch your retirement savings further. Plus, the abundance of sunshine and breathtaking landscapes can boost your overall quality of life. But what specific areas in Alberta stand out for retirees? Some might just surprise you.
Highlights of Retiring in Alberta
- Alberta offers affordable housing options well below the national average, with typical home prices in the $400s and $500s.
- The province features the lowest provincial tax rates in Canada, maximizing disposable income for retirees.
- Natural beauty is plentiful in Alberta, with outdoor activities like hiking, skiing, and fishing available year-round.
- Vibrant communities and events foster social connections, enhancing retirement.
- Access to high-quality healthcare and senior support services ensures retirees receive the care they need.
Reasons Alberta Is a Good Place to Retire
Alberta stands out as an excellent choice for retirement due to its more affordable housing compared to Ontario and British Columbia. This allows you to stretch your retirement budget further. One of the most common reasons for moving from British Columbia to Alberta is the staggering differences in real estate prices.
With Canada's lowest provincial tax rates, including no provincial sales tax, you can keep more of your savings intact. The province boasts ample sunshine and stunning outdoor scenery, providing plenty of opportunities for an active retirement lifestyle.
More Affordable Housing Than Ontario & British Columbia
While many provinces grapple with soaring housing prices, Alberta remains a beacon of affordability for retirees. With an average home price of $500,000, you'll find more affordable housing than in Ontario and British Columbia, where properties can easily reach the $800s to $1 million or higher. Condos in Calgary average in the mid-$300s, while in Toronto, they average more than $700,000.
In smaller towns like St. Paul and Bonnyville, where homes often range from the $200s to $400s, it may be possible to purchase outright without debt—especially for retirees considering downsizing. Alberta’s competitive cost of living can be highly appealing for those looking to make the absolute most of their retirement savings.
Alberta's real estate market remains resilient against economic fluctuations, providing consistent property value and solid investment opportunities. This affordability can make it feasible to enjoy a higher quality of life without the financial strain typical of urban centers in other provinces.
Ample Sunshine & Beautiful Outdoor Scenery

With abundant sunny days and breathtaking landscapes, Alberta is a prime location for retirement. You'll appreciate the province's incredible 312 days of sunshine annually, which provides plenty of opportunities for outdoor activities year-round.
From the stunning Rocky Mountains to serene prairies and picturesque lakes, Alberta offers breathtaking natural beauty that is ideal for nature enthusiasts. Mild summers allow for various recreational activities, such as hiking, boating, and golfing on over 300 courses. Numerous provincial and national parks feature extensive trails for hiking and wildlife viewing.
This region's favourable climate and natural allure support its vibrant culture, encouraging social engagement through outdoor festivals and events like the Calgary Stampede. In addition, it has access to excellent healthcare facilities.
Lowest Provincial Tax Rates
Retiring in Alberta means enjoying affordable housing options. It also offers some of the lowest provincial tax rates in Canada. With a personal income tax rate of just 10%, you can maximize your disposable income, which is essential for financial stability.
Additionally, no provincial sales tax allows you to save on everyday expenses and stretch your retirement savings further. The lack of a land transfer tax when purchasing property eases the financial burden of moving, making Alberta an appealing retirement destination.
Best Places to Retire in Alberta
When considering the best places to retire in Alberta, several cities cater to various lifestyles and needs. Calgary offers urban living with high-quality healthcare, while Canmore provides a serene mountain backdrop. Other notable options include Chestermere and Edmonton, each with unique advantages that could suit your retirement preferences.
Calgary
Calgary stands out as a vibrant city that combines urban sophistication with a welcoming community spirit, making it one of Alberta's best places to retire.
Ranked by The Economist as the fifth most livable city in the world—and securing the number one spot in North America—Calgary boasts a high quality of life. You'll find a diverse range of retirement communities in Calgary that cater to various lifestyles, ensuring you can find the perfect fit, and the city's walkable neighbourhoods enable car-free lifestyles.
Access to top-tier healthcare services is another significant advantage, providing peace of mind as you age. With abundant sunshine year-round, you can enjoy numerous recreational activities, from Calgary’s expansive parks, like Nose Hill Park and Fish Creek Provincial Park, to world-famous cultural events.
Calgary’s townhomes average in the mid-$400s, while detached homes average in the mid-$600s, so the housing market is relatively affordable compared to other major Canadian cities.
Chestermere

Just a short 25-minute drive east of Calgary, Chestermere can offer a peaceful lakeside lifestyle perfect for retirees. Located near the bustling city, this community boasts a population of about 20,000 residents, creating a close-knit atmosphere ideal for social engagement.
On average, homes in Chestermere are slightly more expensive than those in Calgary, but prices typically range from mid-$400s to $1.5 million.
The town is equipped with numerous amenities, including shopping centers, healthcare facilities, and recreational programs, all of which enhance your quality of life. Plus, you can easily access urban conveniences while relishing the tranquillity of this perfect place to retire.
Edmonton
Striking a balance between cultural vibrancy and affordability, Edmonton is one of the best places to retire in Alberta. Homebuyers considering Alberta often decide between Calgary and Edmonton, and they can’t go wrong with either option. The city boasts an established arts and culture scene featuring numerous festivals, galleries, and theatres that can enrich your retirement experience.
Edmonton has a strong healthcare system comprising multiple hospitals and clinics, so you'll have access to essential medical services. It also provides a range of recreational activities, including extensive parks and walking trails along the North Saskatchewan River.
Average detached home prices start in the mid-$300s to $400s, so there are plenty of affordable housing options here compared to other major cities. As a resident, you’ll also enjoy how the local retirement communities cater to different lifestyles, creating a welcoming place to call home.
Red Deer
Red Deer should be on your shortlist if you're considering retiring in Alberta. This city of about 100,000 has a rich history and offers easy access to major cities like Calgary and Edmonton. In fact, Red Deer is located 153 km from Downtown Edmonton and 148 km from Downtown Calgary!
A variety of recreational facilities and major hospitals are nearby, ensuring convenience in retirement. The city is also surrounded by natural attractions, including Gull Lake and Sylvan Lake, both of which are less than 30 minutes away by car.
With typical home prices in the $300s to $400s, this can be an affordable place to retire. Plus, having Canyon Ski Resort just outside of town means year-round activities for active retirees.
Rocky View County
Rocky View County could be an idyllic choice for retirees craving natural beauty and accessibility, and it’s a top option for homes with acreage near Calgary. This area is a popular retirement destination, featuring stunning landscapes and proximity to the Rocky Mountains, providing plenty of opportunities for hiking, skiing, and wildlife viewing.
With a population of around 40,000 spread across a sprawling region, you can enjoy a quiet, rural atmosphere while still being near the urban amenities of Calgary. The average home prices here are competitive, often lower than in Calgary, making it an ideal choice for those seeking more spacious living.
Rocky View County communities like Langdon offer true country living while also providing proximity to the big city. Access to healthcare facilities in nearby Calgary means you won’t have to worry about having quality medical services within reach.
Canmore

Canmore is a breathtaking choice for retirees, offering stunning Rocky Mountain scenery that creates a peaceful and tranquil setting. This charming town—one of the best day trips from Calgary—features a thriving arts scene and a wealth of recreational activities, including hiking, skiing, and access to multiple golf courses.
This stunning town serves as a gateway to the Rockies, but living here comes at a steep price: homes in Canmore average over $1 million. While small studios are available from the $400s and small cabins outside of town from the $600s, Canmore’s luxury homes dominate the market, with common prices ranging from $1 million to more than $5 million.
The town’s proximity to several acclaimed national parks—including Banff—allows for year-round outdoor adventures, making it a haven for nature enthusiasts. If you're considering places to retire in Alberta, Canmore's unrivalled natural beauty and vibrant community life make it a particularly attractive option.
Frequently Asked Questions
What is the best place to retire in Alberta?
When considering the best place to retire in Alberta, think about your lifestyle preferences. Cities like Calgary, Canmore, and Airdrie offer diverse amenities, while Red Deer and Lethbridge provide affordability and community charm.
Which Canadian province is best for retirement?
When considering the best Canadian province for your retirement, think about factors like affordability, access to quality healthcare, and recreational opportunities. Alberta stands out with low taxes, affordable housing, and myriad outdoor activities that suit your active lifestyle.
Which part of Alberta is best to live in?
When considering which part of Alberta is best to live in, you'll appreciate Calgary's livability, Canmore's breathtaking scenery, and St. Albert's peacefulness. Red Deer and Lethbridge offer vibrant communities, while Cochrane is ideally situated near Calgary, Canmore, and the Rockies.
Where is the most affordable place to retire in Alberta?
If you're looking for affordability, consider St. Albert or Lethbridge. Both offer reasonable home prices, ensuring you can enjoy a fulfilling retirement without breaking the bank.
Make the Most of Your Retirement in Alberta
Alberta is a great place to live, and it can be an equally compelling place to retire thanks to its affordable housing, low tax rates, and stunning natural landscapes. Edmonton and Canmore provide a mix of urban amenities alongside outdoor activities, while places like Rocky View County and Red Deer cater to those who prefer a quieter lifestyle. By considering these factors before you decide on your new home, you’ll set yourself up for a fulfilling—and more financially manageable—retirement in Alberta.
If you're looking for a home in Alberta, contact Justin Havre with eXp Realty with Calgary Homes at (403) 217-0003 to reach a local Alberta real estate agent and discover your dream home.