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Cost of Living

Okotoks has a high standard of living and provides exceptional services to residents and businesses

The current average housing cost is $434,000. For most recent statistics on housing, check:

Housing Trends

The majority of the Town's revenue is derived from residential property tax

Non Residential Mill Rate

YearMill Rate
20197.92
20187.76
20177.39
20167.0
20157.06

Note: The Mill rate is the amount of tax payable per dollar of the assessed value of a property.  Property tax in dollar terms is calculated by multiplying the assessed property value and the mill rate and dividing by 1,000. Details

Comparison of neighbouring communities 

CommunityMill Rate
Okotoks7.9
Calgary17.8
Strathmore7.3
Chestermere7.7
Airdrie9.6
High River8.7
Cochrane6.3

 

Are you considering moving your business and employees to Okotoks? The Town of Okotoks manages its own water and waste utilities. Electricity  and gas are provided through private industry. 

Water Utility Rates

Waste Services Fees