Is $88,000 a good salary in Edmonton, Alberta?

Is $88,000 a good salary in Edmonton, Alberta?

$88,000 is $31,200 more than the average yearly salary of $56,800 in Edmonton. A salary of $88,000 per year means that you would be taking home about $64,789 per year after taxes, or $5,399 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Edmonton is $110,600.

Edmonton, Alberta
Updated: January 1, 2025

Average Cost of Living per Month in Edmonton

The average cost of living in Edmonton is $3,279/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Average cost of living
$3,279/month
Monthly net income of $88,000/year
$5,399/month
Average total income in 2020
$56,800
Average total household income in 2020
$110,600

Average Salary in Edmonton

The average salary in Edmonton is $56,800, which is 4.3% higher than the Canadian average salary of $54,450. A person making $88,000 a year in Edmonton makes 54.9% more than the average working person in Edmonton and will take home about $64,789.
Net Annual Pay:
$64,789
Income tax breakdown
Hourly Salary:
$45.13
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Edmonton. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $88,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Edmonton is $1,263.
Product Avg. Min. Max.
Apartment (1 bedroom) in City Centre, Rent Per Month
$1,599
$1,300
$2,100
Apartment (1 bedroom) Outside of Centre, Rent Per Month
$1,263
$1,100
$1,600
Apartment (3 bedrooms) in City Centre, Rent Per Month
$2,619
$2,000
$3,500
Apartment (3 bedrooms) Outside of Centre, Rent Per Month
$2,125
$1,560
$2,800
Updated: 2025-01-01 (138 contributors in the last 12 months)
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Edmonton is $615.
Product Avg. Min. Max.
Gasoline (1 liter), Transportation
$1.44
$1.22
$1.60
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Transportation
$33,989
$33,978
$43,000
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Transportation
$30,411
$27,383
$35,000
Updated: 2025-01-01 (138 contributors in the last 12 months)
Groceries

Groceries

The average person spends $505 on groceries per month in Edmonton.
Product Avg. Min. Max.
Milk (regular), (1 liter), Markets
$2.47
$1.50
$4.00
Loaf of Fresh White Bread (500g), Markets
$3.45
$2.00
$5.00
Eggs (regular) (12), Markets
$5.38
$3.75
$7.80
Local Cheese (1kg), Markets
$16.89
$8.00
$33.07
Water (1.5 liter bottle), Markets
$2.68
$1.00
$3.50
Bottle of Wine (Mid-Range), Markets
$20.00
$10.00
$30.00
Domestic Beer (0.5 liter bottle), Markets
$4.36
$2.50
$6.00
Imported Beer (0.33 liter bottle), Markets
$4.88
$2.75
$8.00
Cigarettes 20 Pack (Marlboro), Markets
$20.00
$15.24
$25.00
Apples (1kg), Markets
$6.26
$2.99
$8.99
Chicken Fillets (1kg), Markets
$16.65
$8.00
$28.00
Oranges (1kg), Markets
$5.43
$1.99
$9.00
Potato (1kg), Markets
$3.48
$1.00
$6.00
Lettuce (1 head), Markets
$3.78
$2.65
$5.00
Rice (white), (1kg), Markets
$4.21
$2.50
$7.49
Tomato (1kg), Markets
$4.97
$1.99
$7.50
Banana (1kg), Markets
$1.82
$0.99
$3.79
Onion (1kg), Markets
$3.14
$2.00
$5.49
Beef Round (1kg) (or Equivalent Back Leg Red Meat), Markets
$21.12
$11.00
$38.00
Updated: 2025-01-01 (138 contributors in the last 12 months)
Utilities

Utilities

The average monthly cost of utilities in Edmonton is $212.
Product Avg. Min. Max.
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, Utilities (Monthly)
$279.54
$188.89
$425.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Utilities (Monthly)
$83.97
$60.00
$130.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data, Utilities (Monthly)
$65.33
$35.00
$110.00
Updated: 2025-01-01 (138 contributors in the last 12 months)
Leisure & Entertainment

Leisure & Entertainment

The average person in Edmonton spends $172 on leisure & entertainment per month.
Product Avg. Min. Max.
Fitness Club, Monthly Fee for 1 Adult, Sports And Leisure
$66.26
$40.00
$100.00
Tennis Court Rent (1 Hour on Weekend), Sports And Leisure
$31.43
$25.00
$40.00
Cinema, International Release, 1 Seat, Sports And Leisure
$17.50
$15.00
$25.00
Updated: 2025-01-01 (138 contributors in the last 12 months)
Clothing

Clothing

The average person in Edmonton spends $38 on clothing per month.
Product Avg. Min. Max.
1 Pair of Jeans (Levis 501 Or Similar), Clothing And Shoes
$71.90
$40.00
$110.00
1 Summer Dress in a Chain Store (Zara, H&M, ...), Clothing And Shoes
$53.36
$30.00
$100.00
1 Pair of Nike Running Shoes (Mid-Range), Clothing And Shoes
$118.28
$70.00
$172.00
1 Pair of Men Leather Business Shoes, Clothing And Shoes
$133.85
$69.99
$200.00
Updated: 2025-01-01 (138 contributors in the last 12 months)
Restaurants

Restaurants

The average person in Edmonton spends $324 on restaurants per month.
Product Avg. Min. Max.
Meal, Inexpensive Restaurant, Restaurants
$25.00
$15.00
$50.00
Meal for 2 People, Mid-range Restaurant, Three-course, Restaurants
$87.50
$65.00
$140.00
McMeal at McDonalds (or Equivalent Combo Meal), Restaurants
$15.44
$14.00
$18.00
Domestic Beer (0.5 liter draught), Restaurants
$7.00
$5.00
$12.00
Imported Beer (0.33 liter bottle), Restaurants
$8.00
$5.50
$11.00
Coke/Pepsi (0.33 liter bottle), Restaurants
$2.73
$2.00
$3.50
Water (0.33 liter bottle) , Restaurants
$2.32
$1.50
$3.00
Cappuccino (regular), Restaurants
$4.96
$2.00
$7.99
Updated: 2025-01-01 (138 contributors in the last 12 months)
Other

Other

The average person in Edmonton spends $150 on miscellaneous goods and services per month.
Product Avg. Min. Max.
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, Childcare
$1,010
$450
$1,700
International Primary School, Yearly for 1 Child, Childcare
$11,088
$7,000
$30,000
Updated: 2025-01-01 (138 contributors in the last 12 months)
General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Edmonton based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.
Your cost of living
$3,279/month
Monthly net income of $88,000/year
$5,399/month

Jobs paying $88,000+/year

Bowser Pharmacy - Pharmacy Manager (British Columbia)
Bowser Pharmacy - Pharmacy Manager (British Columbia)
Mint Health + Drugs - 64 Jobs
Edmonton, AB
$75.00 - $85.00 / hour
Permanent
10 days ago
Clinical - Pharmacist
Clinical - Pharmacist
Mint Health + Drugs - 64 Jobs
Edmonton, AB
$48.00 - $58.00 / hour
Permanent
10 days ago
Registered Dental Hygienist - RELOCATE TO PEI
Registered Dental Hygienist - RELOCATE TO PEI
123Dentist - 37 Jobs
Edmonton, AB
$45.00 - $50.00 / hour
Permanent
30 days ago
See all jobs in Edmonton

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Most affordable cities in Alberta

1. Canmore, Alberta
Avg. Salary $72,800
Avg. Monthly Net pay $4,519
Avg. Cost of Living $3,778
Affordability Index
119.61%
2. Medicine Hat, Alberta
Avg. Salary $52,250
Avg. Monthly Net pay $3,427
Avg. Cost of Living $2,879
Affordability Index
119.02%
3. Cochrane, Alberta
Avg. Salary $66,800
Avg. Monthly Net pay $4,222
Avg. Cost of Living $3,587
Affordability Index
117.7%
4. St. Albert, Alberta
Avg. Salary $68,800
Avg. Monthly Net pay $4,297
Avg. Cost of Living $3,706
Affordability Index
115.94%
5. Cold Lake, Alberta
Avg. Salary $65,100
Avg. Monthly Net pay $4,131
Avg. Cost of Living $3,606
Affordability Index
114.55%
6. Okotoks, Alberta
Avg. Salary $64,400
Avg. Monthly Net pay $4,094
Avg. Cost of Living $3,586
Affordability Index
114.16%
7. Edmonton, Alberta
Avg. Salary $56,800
Avg. Monthly Net pay $3,688
Avg. Cost of Living $3,280
Affordability Index
112.45%
8. Red Deer, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,212
Affordability Index
112.06%
9. Grande Prairie, Alberta
Avg. Salary $59,650
Avg. Monthly Net pay $3,842
Avg. Cost of Living $3,455
Affordability Index
111.2%
10. Calgary, Alberta
Avg. Salary $64,600
Avg. Monthly Net pay $4,104
Avg. Cost of Living $3,745
Affordability Index
109.59%
11. Lethbridge, Alberta
Avg. Salary $52,500
Avg. Monthly Net pay $3,441
Avg. Cost of Living $3,155
Affordability Index
109.07%
12. Spruce Grove, Alberta
Avg. Salary $60,950
Avg. Monthly Net pay $3,911
Avg. Cost of Living $3,614
Affordability Index
108.22%
13. Hinton, Alberta
Avg. Salary $60,600
Avg. Monthly Net pay $3,892
Avg. Cost of Living $3,600
Affordability Index
108.12%
14. Whitecourt, Alberta
Avg. Salary $60,250
Avg. Monthly Net pay $3,874
Avg. Cost of Living $3,685
Affordability Index
105.13%
15. Athabasca, Alberta
Avg. Salary $60,500
Avg. Monthly Net pay $3,887
Avg. Cost of Living $3,698
Affordability Index
105.11%
16. Slave Lake, Alberta
Avg. Salary $59,750
Avg. Monthly Net pay $3,847
Avg. Cost of Living $3,670
Affordability Index
104.83%
17. High Level, Alberta
Avg. Salary $59,900
Avg. Monthly Net pay $3,855
Avg. Cost of Living $3,678
Affordability Index
104.82%
18. Airdrie, Alberta
Avg. Salary $61,150
Avg. Monthly Net pay $3,922
Avg. Cost of Living $3,811
Affordability Index
102.9%
19. Fort Saskatchewan, Alberta
Avg. Salary $66,400
Avg. Monthly Net pay $4,200
Avg. Cost of Living $4,085
Affordability Index
102.82%
20. Peace River, Alberta
Avg. Salary $60,850
Avg. Monthly Net pay $3,906
Avg. Cost of Living $3,830
Affordability Index
101.98%
21. Beaverlodge, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,667
Affordability Index
98.15%
22. Strathmore, Alberta
Avg. Salary $54,950
Avg. Monthly Net pay $3,582
Avg. Cost of Living $3,698
Affordability Index
96.86%
23. Saint Paul, Alberta
Avg. Salary $53,650
Avg. Monthly Net pay $3,507
Avg. Cost of Living $3,678
Affordability Index
95.36%
24. Bonnyville, Alberta
Avg. Salary $53,900
Avg. Monthly Net pay $3,522
Avg. Cost of Living $3,695
Affordability Index
95.31%
25. Drayton Valley, Alberta
Avg. Salary $54,600
Avg. Monthly Net pay $3,562
Avg. Cost of Living $3,758
Affordability Index
94.78%
26. Lacombe, Alberta
Avg. Salary $52,700
Avg. Monthly Net pay $3,453
Avg. Cost of Living $3,688
Affordability Index
93.62%
27. Drumheller, Alberta
Avg. Salary $52,050
Avg. Monthly Net pay $3,415
Avg. Cost of Living $3,690
Affordability Index
92.55%
28. Camrose, Alberta
Avg. Salary $51,750
Avg. Monthly Net pay $3,398
Avg. Cost of Living $3,736
Affordability Index
90.95%
29. Sundre, Alberta
Avg. Salary $50,440
Avg. Monthly Net pay $3,322
Avg. Cost of Living $3,698
Affordability Index
89.85%
30. Pincher Creek, Alberta
Avg. Salary $50,640
Avg. Monthly Net pay $3,334
Avg. Cost of Living $3,737
Affordability Index
89.22%
31. Banff, Alberta
Avg. Salary $51,000
Avg. Monthly Net pay $3,355
Avg. Cost of Living $3,776
Affordability Index
88.84%
32. Brooks, Alberta
Avg. Salary $50,680
Avg. Monthly Net pay $3,336
Avg. Cost of Living $3,758
Affordability Index
88.78%
33. Barrhead, Alberta
Avg. Salary $49,080
Avg. Monthly Net pay $3,244
Avg. Cost of Living $3,698
Affordability Index
87.73%
34. Stettler, Alberta
Avg. Salary $49,960
Avg. Monthly Net pay $3,295
Avg. Cost of Living $3,758
Affordability Index
87.68%
35. Vegreville, Alberta
Avg. Salary $48,920
Avg. Monthly Net pay $3,235
Avg. Cost of Living $3,698
Affordability Index
87.48%
36. Three Hills, Alberta
Avg. Salary $45,960
Avg. Monthly Net pay $3,065
Avg. Cost of Living $3,698
Affordability Index
82.87%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
Rank City Avg. Salary Avg. Monthly Net pay Avg. Cost of Living Affordability Index
01
1
 Canmore, Alberta $72,800 $4,519 $3,778
11960
119.61%
02
2
 Medicine Hat, Alberta $52,250 $3,427 $2,879
11902
119.02%
03
3
 Cochrane, Alberta $66,800 $4,222 $3,587
11770
117.7%
04
4
 St. Albert, Alberta $68,800 $4,297 $3,706
11594
115.94%
05
5
 Cold Lake, Alberta $65,100 $4,131 $3,606
11455
114.55%
06
6
 Okotoks, Alberta $64,400 $4,094 $3,586
11415
114.16%
07
7
 Edmonton, Alberta $56,800 $3,688 $3,280
11245
112.45%
08
8
 Red Deer, Alberta $55,250 $3,599 $3,212
11205
112.06%
09
9
 Grande Prairie, Alberta $59,650 $3,842 $3,455
11120
111.2%
10
10
 Calgary, Alberta $64,600 $4,104 $3,745
10959
109.59%
11
11
 Lethbridge, Alberta $52,500 $3,441 $3,155
10906
109.07%
12
12
 Spruce Grove, Alberta $60,950 $3,911 $3,614
10821
108.22%
13
13
 Hinton, Alberta $60,600 $3,892 $3,600
10812
108.12%
14
14
 Whitecourt, Alberta $60,250 $3,874 $3,685
10512
105.13%
15
15
 Athabasca, Alberta $60,500 $3,887 $3,698
10511
105.11%
16
16
 Slave Lake, Alberta $59,750 $3,847 $3,670
10483
104.83%
17
17
 High Level, Alberta $59,900 $3,855 $3,678
10482
104.82%
18
18
 Airdrie, Alberta $61,150 $3,922 $3,811
10290
102.9%
19
19
 Fort Saskatchewan, Alberta $66,400 $4,200 $4,085
10282
102.82%
20
20
 Peace River, Alberta $60,850 $3,906 $3,830
10197
101.98%
21
21
 Beaverlodge, Alberta $55,250 $3,599 $3,667
09815
98.15%
22
22
 Strathmore, Alberta $54,950 $3,582 $3,698
09686
96.86%
23
23
 Saint Paul, Alberta $53,650 $3,507 $3,678
09535
95.36%
24
24
 Bonnyville, Alberta $53,900 $3,522 $3,695
09530
95.31%
25
25
 Drayton Valley, Alberta $54,600 $3,562 $3,758
09478
94.78%
26
26
 Lacombe, Alberta $52,700 $3,453 $3,688
09361
93.62%
27
27
 Drumheller, Alberta $52,050 $3,415 $3,690
09255
92.55%
28
28
 Camrose, Alberta $51,750 $3,398 $3,736
09094
90.95%
29
29
 Sundre, Alberta $50,440 $3,322 $3,698
08984
89.85%
30
30
 Pincher Creek, Alberta $50,640 $3,334 $3,737
08921
89.22%
31
31
 Banff, Alberta $51,000 $3,355 $3,776
08884
88.84%
32
32
 Brooks, Alberta $50,680 $3,336 $3,758
08877
88.78%
33
33
 Barrhead, Alberta $49,080 $3,244 $3,698
08772
87.73%
34
34
 Stettler, Alberta $49,960 $3,295 $3,758
08767
87.68%
35
35
 Vegreville, Alberta $48,920 $3,235 $3,698
08747
87.48%
36
36
 Three Hills, Alberta $45,960 $3,065 $3,698
08287
82.87%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.

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