A device, system and method for vertical location change notifications based on periodic location reports is provided. A device receives periodic location reports via a location determining device of a mobile device, the mobile device physically coupled to a user. The device identifies, using the periodic location reports, a vertical location change. The device compares the vertical location change to a threshold vertical location change condition. The device, responsive to determining that the vertical location change meets the threshold vertical location change condition, causes a notification device to provide a notification of the vertical location change.