Property Tax Calculator

Compare property taxes across Calgary region municipalities

Alberta has no provincial land transfer tax, making property taxes a key ongoing cost consideration. Use this calculator to estimate and compare annual property taxes.

How Alberta Property Tax Works

Property tax = Assessed Value x Mill Rate. The assessed value is determined annually by the municipality based on market conditions. Mill rates combine municipal tax and provincial education requisition. New builds are typically assessed at purchase price initially. Alberta has NO land transfer tax - one of only two provinces without this fee.

Property Details

Mill rate includes municipal + provincial education requisition (2024)

For new builds, use your purchase price as the initial assessment estimate

Quick Select: Typical Values

Municipality Comparison

Same property value ($650,000) across different municipalities:

1
Calgary(Mill rate: 0.6355%)
$4,130/yr
$344/mo
2
Cochrane(Mill rate: 0.6892%)
$4,480/yr
$373/mo
3
Chestermere(Mill rate: 0.6980%)
$4,537/yr
$378/mo
4
Okotoks(Mill rate: 0.7125%)
$4,631/yr
$386/mo
5
Airdrie(Mill rate: 0.7234%)
$4,702/yr
$392/mo

Mill rates are approximate 2024 values and subject to annual adjustment

Your Property Tax Estimate

Calgary

Property Assessment
$650,000
Mill Rate
0.6355%
Combined municipal + education rate
Annual Property Tax
$4,130
Monthly (for budgeting)
$344/mo
Add to your monthly housing cost:
$344
Property Tax
$0
Land Transfer Tax
Alberta advantage: No land transfer tax at purchase

Important Notes

  • • Property assessments are updated annually by each municipality
  • • New construction is typically assessed at market value initially
  • • Mill rates change each year based on municipal budgets
  • • Seniors and low-income homeowners may qualify for property tax deferrals
  • • Condo owners also pay monthly condo fees on top of property tax