Is $45,000 a good salary in Hay River, Northwest Territories?

Is $45,000 a good salary in Hay River, Northwest Territories?

$45,000 is $26,700 less than the average yearly salary of $71,700 in Hay River. A salary of $45,000 per year means that you would be taking home about $36,664 per year after taxes, or $3,055 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Hay River is $143,600.

Hay River, Northwest Territories
Updated: January 1, 2025

Average Cost of Living per Month in Hay River

The average cost of living in Hay River is $4,037/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
$4,037/month

Monthly net income of $45,000/year
$3,055/month
Average total income in 2020
$71,700

Average total household income in 2020
$143,600

Average Salary in Hay River

The average salary in Hay River is $71,700, which is 31.7% higher than the Canadian average salary of $54,450. A person making $45,000 a year in Hay River makes 37.2% less than the average working person in Hay River and will take home about $36,664.
Net Annual Pay:
$36,664
Income tax breakdown
Hourly Salary:
$23.08
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Hay River. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $45,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Hay River is $1,688.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Hay River is $634.
Groceries

Groceries

The average person spends $553 on groceries per month in Hay River.
Utilities

Utilities

The average monthly cost of utilities in Hay River is $473.
Leisure & Entertainment

Leisure & Entertainment

The average person in Hay River spends $156 on leisure & entertainment per month.
Clothing

Clothing

The average person in Hay River spends $40 on clothing per month.
Restaurants

Restaurants

The average person in Hay River spends $343 on restaurants per month.
Other

Other

The average person in Hay River spends $150 on miscellaneous goods and services per month.
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 Hay River 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
$4,037/month

Monthly net income of $45,000/year
$3,055/month