Cochrane

All dollar amounts on this page are in Canadian dollars.

City introduction

The Town of Cochrane is a municipality in southern Alberta, midway between Calgary and Banff National Park. It has roots in world-famous ranch country, with an authentic western feel reflected in its architecture and people. Cochrane was named after Senator Matthew Henry Cochrane, who established the Cochrane Ranche in 1881; the Canadian Pacific Railway granted the town site in 1885 and named it in his honour.

The Town is situated in the foothills of the Rocky Mountains, along the banks of the Bow River, about 20 kilometres west of the City of Calgary, at the junction of Highway 1A and Highway 22.

Source: Town of Cochrane — Town of Cochrane, 2017 Report to the Community — Town Profile.

Combined chart

Cochrane property tax increase, Canada inflation, and Canadian dollar Real CEER, 2015–2026

Bars: Town of Cochrane municipal property tax annual increase, as approved by Council.

Lines: Canada inflation (Canada CPI annual average, Statistics Canada) and Canadian dollar Real CEER (Bank of Canada). CEER is on the separate right axis and is not a percentage.

Bars — Cochrane municipal property tax increase
Line — Canada inflation (Statistics Canada CPI annual average)
Line — Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)

Scope notes

All figures are the municipal portion only. The provincial education tax, which the municipality collects for the Province of Alberta and which forms a large part of an Alberta tax bill, is a separate levy with its own changes; it is not part of this series and is never added to the municipal figure.

The basis the Town states differs by year, and each year's basis is recorded with its source below: the 2026 figure is the change in the median single-detached municipal bill ($2,520 in 2025 to $2,585 in 2026, assessed value $674,800), about +2.61%; the 2024 figure is the municipal tax revenue increase in the approved budget, 3.63%; the 2023 figure is the final figure at the tax-rate bylaw stage, 3.85% (a 3.7% budget-stage figure was superseded). A 2026 budget-stage revenue-requirement figure of 4.07% is a different scope and is not used. For 2025 the Town's tax rate bylaw release gives amounts only — municipal tax of about $385 per $100,000 of assessment, down $34 from 2024 — and no headline percentage was published; no percentage has been calculated from those amounts, so 2025 is No data.

A year shown as “No data” has no bar for property tax and no line point for that series. A missing year breaks a line: no line segment crosses a gap, and no value is interpolated. Inflation for 2026 is not yet published as an annual average. Each Canadian dollar Real CEER value is the annual average of the 12 monthly total Real CEER values from the Bank of Canada (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER is an index on a separate right axis and is not a percentage. CEER for 2026 is No data because the year is incomplete.

Data behind the chart

The data table below carries one row per year, in year order, with the tax increase, the inflation value and the CEER value for that year, or “No data” where a series has no verified figure.

Year	Town of Cochrane municipal property tax increase	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2015	No data	1.1%	110.0
2016	No data	1.4%	108.4
2017	No data	1.6%	110.0
2018	No data	2.3%	109.3
2019	No data	1.9%	108.6
2020	No data	0.7%	108.0

Year	Town of Cochrane municipal property tax increase	Canada inflation — Statistics Canada CPI annual average	Canadian dollar Real CEER — Bank of Canada, annual average of monthly values, total index (1999=100)
2021	No data	3.4%	113.0
2022	No data	6.8%	113.0
2023	3.85%	3.9%	108.4
2024	3.63%	2.4%	107.6
2025	No data	2.1%	104.9
2026	2.61%	No data	No data

Sources for this chart:

Town of Cochrane property tax increase, 2023: Town of Cochrane, Cochrane Tax Rates Approved By Council
Town of Cochrane property tax increase, 2024: Town of Cochrane, Council adopts the 2024–2026 budget (news)
Town of Cochrane property tax increase, 2026: Town of Cochrane, 2026 Tax Rate Bylaw Approved (news)
Canada inflation, 2015–2025: Statistics Canada, Table 18-10-0005-01, CPI annual average. The 2026 annual average is not yet published.
Canadian dollar Real CEER, 2015–2025: Bank of Canada, Valet series CEER_BROADM, total index (1999=100), source file; explainer, Canadian effective exchange rates. Each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value). CEER for 2026 is No data because the year is incomplete.

Housing property-tax historical trend

The trend uses one measure only: the municipal property tax increase approved by Council, on the basis the Town states for each year. Each row is the figure for that year on that one measure. A year with no verified figure on that measure is shown as No data.

Year	Figure
2015	No data
2016	No data
2017	No data
2018	No data
2019	No data
2020	No data

Year	Figure
2021	No data
2022	No data
2023	3.85%
2024	3.63%
2025	No data
2026	2.61%

Separate note — tax rates, not the trend

This note is separate from the trend above and is not part of it. A residential tax rate per $1,000 of assessed value can move even when the levy increase is small, because the assessment base changes. Rate figures are therefore not used as the trend and are not mixed into the increase chart.

Residential class, municipal portion only, per $1,000 of assessed value, from the Town's published tax rate bylaw material:

Year	Rate per $1,000	Scope	Source
2025	≈3.85	municipal portion only; published by the Town as "approximately $385 per $100,000 of assessed value" (down $34 per $100,000 from 2024) — approximate, as published	Town of Cochrane, Cochrane Council passes 2025 Tax Rate Bylaw, https://www.cochrane.ca/news/cochrane-council-passes-2025-tax-rate-bylaw
2026	3.8314	municipal portion only; residential rate of 0.0038314 under Bylaw 05/2026	Town of Cochrane, Bylaw 05/2026 Council report, https://cochraneab.civicweb.net/document/75291/Bylaw%2005_2026%20~%20Annual%20Tax%20Rate%20Bylaw.pdf?handle=670C4008B5F7423FA244DAB32DCE02AD

Method

This trend uses one metric only, every year: the municipal property tax increase approved by Council, on the basis the Town states for each year.

Where a city publishes an increase as components, the components are recorded in the scope notes; a total is used only where the city itself publishes it.

Canada inflation is Statistics Canada, Table 18-10-0005-01, CPI annual average. Canadian dollar Real CEER is Bank of Canada, Valet series CEER_BROADM, total index (1999=100); each value is the annual average of the 12 monthly total Real CEER values (a computed annual average, not a figure the Bank publishes directly as an annual value).

How to read this page

Bars are the Cochrane municipal property tax increase. Lines are Canada inflation and Canadian dollar Real CEER.

The left axis is a percentage axis shared by the bars and the inflation line. The right axis is a separate index axis for Canadian dollar Real CEER only. CEER is an index and is not a percentage.

A year shown as “No data” has no bar for property tax and no line point for that series, and a missing year breaks a line.

Tax rates per $1,000 are separate from the trend and are not charted.

Sources

Town of Cochrane introduction: Town of Cochrane, 2017 Report to the Community — Town Profile
Town of Cochrane: Town of Cochrane, Municipal Development Plan (Bylaw 07/2008) — Geographical Setting
Town of Cochrane: Town of Cochrane, Cochrane Tax Rates Approved By Council
Town of Cochrane: Town of Cochrane, Council adopts the 2024–2026 budget (news)
Town of Cochrane: Town of Cochrane, 2026 Tax Rate Bylaw Approved (news)
Statistics Canada, Table 18-10-0005-01: CPI annual average
Bank of Canada, Valet series CEER_BROADM: Real CEER source file

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This page is an independent guide. It is not a government site and it is not an official site. It is general information only and is not tax advice. Check the official Town of Cochrane source before relying on a figure.