Why is Calgary so expensive?

When it comes to cost of living, Calgary is more expensive than cities like Montreal and Winnipeg, but cheaper than Toronto and Vancouver. Second, Calgary is a boom-bust city. That essentially means that unemployment and economic growth in the city is very much governed by oil prices.

Where is the most expensive house in Calgary?

Aspen Heights The most expensive house currently for sale in Calgary is unsurprisingly located in the prestigious Aspen Heights. In fact, its the only completely gated property in Aspen, making it an ultra-luxurious home and a rare find.