Thinking about moving to Cold Lake? Or maybe you’re just curious about what life is really like here? I’ve called the Lakeland home for the past 13 years, and as a local realtor, I love meeting new families and help them discover all the exciting things Cold Lake has to offer. From summers by the lake to embracing our beautiful and our chilly winters. That said, there are a few things you’ll need to get used to-like the long winters and the remoteness-but those are part of what makes Cold Lake unique.
If you’re considering making a move, here’s an honest look at the pros and cons of living in Cold Lake!
The Pros:
Stunning Scenery & Endless Outdoor Adventures
Cold Lake is home to one of Alberta’s largest and clearest lakes, making it a paradise for outdoor enthusiasts. Whether you love boating, fishing, kayaking, or swimming, the lake is the heart of the community. In the winter, locals trade in their fishing rods for ice augers, and snowmobiles take over the trails.
Beyond the lake, there are plenty of hiking trails, campgrounds, and provincial parks nearby, so if you love the outdoors, you’ll always have something to do.Affordable Housing & Cost of Living
One of the biggest perks of Cold Lake is how much home you can get for your budget. Whether you’re looking for a starter home, a cozy place near the water, or even some extra land, prices are much more reasonable than in larger Alberta cities like Edmonton or Calgary.
And with no provincial sales tax in Alberta, your money stretches further when it comes to everyday expenses.Stable Job Market (Especially in Military & Oil/Gas)
Cold Lake is home to 4 Wing Cold Lake, one of Canada’s largest Air Force bases, which means a steady flow of jobs in military-related fields. The oil and gas industry is another major employer in the region, providing solid opportunities for those in trades, engineering, and support services.
A Friendly, Small-Town Feel
One thing that stands out about Cold Lake is the strong sense of community. It’s the kind of place where people know their neighbors, and there’s always something happening—whether it’s a farmers’ market, a local hockey game, or a community event.
No Traffic & Easy Commuting
If you’re used to long commutes and rush-hour traffic, Cold Lake will be a breath of fresh air. Everything is close by, so getting around town is quick and easy, giving you more time to enjoy life outside of work.
Pro & Con: Shopping & Amenities
Cold Lake has a strong network of local businesses, offering everything from unique boutiques to great restaurants and essential services. Supporting local is a big part of the community, and you’ll find plenty of small businesses to love so why not support local. However, if you’re looking for big-box stores or major shopping centers, options are limited, and you may need to travel to larger cities like Edmonton for certain items.
The Challenges of Living in Cold Lake
Winters Can Be Harsh
Let’s be honest—winters in Cold Lake can be long and cold. We get plenty of snow and some frigid days, so a good winter jacket (and a love for winter activities) is essential. The upside? The community embraces the season, and there’s always something fun to do, from ice fishing to sledding with the family.Pro & Con: Shopping & Amenities
While Cold Lake has the essentials—grocery stores, restaurants, and some great local businesses—it doesn’t have the same variety as a larger city. If you’re someone who loves big malls, concerts, or diverse dining options, you might find yourself making trips to Edmonton (about three hours away) but that said, there are so many great locally owned businesses and restaurants that’s always worth checking out plus why not support local!
It’s a Bit Remote
Cold Lake is about 300 km from Edmonton, which means big-city conveniences aren’t right around the corner. Some people love the slower pace of life, while others find the distance a bit of an adjustment.Fewer Healthcare Services
While there are medical facilities in Cold Lake, specialized healthcare services often require traveling to the larger cities such as Edmonton that being said Cold Lake will be expanding to the CL Medical Clinic located near the hospital with additional doctors and space.
Cold Lake has a lot to offer—stunning scenery, an affordable cost of living, and a strong sense of community. If you love the outdoors and don’t mind a long winter, it could be a great place to call home. Every place has its unique qualities, and whether Cold Lake is the right fit really depends on what you’re looking for in a community.
If you’re thinking about making a move, I’d love to help you find the right place. Whether you’re buying, selling, or just curious about the market, feel free to reach out—I’m happy to chat and answer any questions.
(C):780-812-1311
Email: monirakamisarabi@hotmail.com
