Introduction
In 2025, the cost of living and real estate prices are top-of-mind for Canadians thinking about relocating. Ottawa and Calgary often appear on the shortlist — both are major cities with strong job markets, vibrant communities, and a high quality of life. But which one offers better value for your money? Let’s break it down by housing, lifestyle, jobs, and long-term potential.
Housing Affordability
Ottawa: As of early 2025, the average home price in Ottawa sits around the mid-to-high $600,000 range. The market has cooled slightly from the pandemic peaks but remains competitive, especially in sought-after neighborhoods like The Glebe, Westboro, and Kanata.
Calgary: Calgary’s average home price is still more affordable, generally in the low-to-mid $500,000s. Buyers can often get more square footage, larger lots, and newer builds for the same budget.
Verdict: Calgary wins for affordability, but Ottawa offers more price stability and less market volatility.
Job Market
Ottawa: Driven by the federal government, tech sector, and education, Ottawa’s job market is relatively stable even during economic downturns.
Calgary: Known for energy and resource-based industries, Calgary’s economy is diversifying into tech, finance, and logistics, but it’s still more susceptible to boom-and-bust cycles.
Verdict: Ottawa takes the lead for stability, while Calgary may offer higher salaries in certain industries.
Cost of Living
Calgary generally has lower property taxes and insurance costs, as well as no provincial sales tax.
Ottawa has higher utility costs (especially in winter), but healthcare, public services, and infrastructure are highly rated.
Lifestyle & Amenities
Ottawa: Offers cultural depth, historic neighborhoods, and easy access to Gatineau Park, museums, and year-round festivals.
Calgary: Known for its proximity to the Rockies, outdoor recreation, and a sunny, dry climate with less snow than Ottawa.
Long-Term Investment Potential
Ottawa’s housing market tends to grow steadily over time.
Calgary offers more entry-level affordability but can experience sharper market swings.
Conclusion
If stability, strong public services, and long-term value matter most, Ottawa might be your best bet. If you’re looking for lower home prices, a booming job opportunity, and outdoor adventure, Calgary is worth serious consideration.
