Is $65,000 a good salary in Red Deer, Alberta?

Is $65,000 a good salary in Red Deer, Alberta?

$65,000 is $9,750 more than the average yearly salary of $55,250 in Red Deer. A salary of $65,000 per year means that you would be taking home about $49,506 per year after taxes, or $4,125 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Red Deer is $103,500.

Red Deer, Alberta
Updated: March 1, 2025

Average Cost of Living per Month in Red Deer

The average cost of living in Red Deer is $3,207/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
$3,207/month
Monthly net income of $65,000/year
$4,125/month
Average total income in 2020
$55,250
Average total household income in 2020
$103,500

Average Salary in Red Deer

The average salary in Red Deer is $55,250, which is 1.5% higher than the Canadian average salary of $54,450. A person making $65,000 a year in Red Deer makes 17.6% more than the average working person in Red Deer and will take home about $49,506.
Net Annual Pay:
$49,506
Income tax breakdown
Hourly Salary:
$33.33
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Red Deer. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $65,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Red Deer is $1,270.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Red Deer is $613.
Groceries

Groceries

The average person spends $478 on groceries per month in Red Deer.
Utilities

Utilities

The average monthly cost of utilities in Red Deer is $212.
Leisure & Entertainment

Leisure & Entertainment

The average person in Red Deer spends $141 on leisure & entertainment per month.
Clothing

Clothing

The average person in Red Deer spends $36 on clothing per month.
Restaurants

Restaurants

The average person in Red Deer spends $307 on restaurants per month.
Other

Other

The average person in Red Deer 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 Red Deer 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
$3,207/month
Monthly net income of $65,000/year
$4,125/month

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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 $3,801
Affordability Index
118.88%
2. Cochrane, Alberta
Avg. Salary $66,800
Avg. Monthly Net pay $4,222
Avg. Cost of Living $3,586
Affordability Index
117.73%
3. Medicine Hat, Alberta
Avg. Salary $52,250
Avg. Monthly Net pay $3,427
Avg. Cost of Living $2,938
Affordability Index
116.63%
4. St. Albert, Alberta
Avg. Salary $68,800
Avg. Monthly Net pay $4,297
Avg. Cost of Living $3,696
Affordability Index
116.26%
5. Cold Lake, Alberta
Avg. Salary $65,100
Avg. Monthly Net pay $4,131
Avg. Cost of Living $3,607
Affordability Index
114.52%
6. Okotoks, Alberta
Avg. Salary $64,400
Avg. Monthly Net pay $4,094
Avg. Cost of Living $3,591
Affordability Index
114%
7. Edmonton, Alberta
Avg. Salary $56,800
Avg. Monthly Net pay $3,688
Avg. Cost of Living $3,276
Affordability Index
112.59%
8. Red Deer, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,207
Affordability Index
112.23%
9. Lethbridge, Alberta
Avg. Salary $52,500
Avg. Monthly Net pay $3,441
Avg. Cost of Living $3,074
Affordability Index
111.94%
10. Calgary, Alberta
Avg. Salary $64,600
Avg. Monthly Net pay $4,104
Avg. Cost of Living $3,736
Affordability Index
109.86%
11. Spruce Grove, Alberta
Avg. Salary $60,950
Avg. Monthly Net pay $3,911
Avg. Cost of Living $3,604
Affordability Index
108.52%
12. Hinton, Alberta
Avg. Salary $60,600
Avg. Monthly Net pay $3,892
Avg. Cost of Living $3,592
Affordability Index
108.36%
13. Grande Prairie, Alberta
Avg. Salary $59,650
Avg. Monthly Net pay $3,842
Avg. Cost of Living $3,551
Affordability Index
108.2%
14. Whitecourt, Alberta
Avg. Salary $60,250
Avg. Monthly Net pay $3,874
Avg. Cost of Living $3,675
Affordability Index
105.41%
15. Athabasca, Alberta
Avg. Salary $60,500
Avg. Monthly Net pay $3,887
Avg. Cost of Living $3,691
Affordability Index
105.31%
16. Slave Lake, Alberta
Avg. Salary $59,750
Avg. Monthly Net pay $3,847
Avg. Cost of Living $3,663
Affordability Index
105.03%
17. High Level, Alberta
Avg. Salary $59,900
Avg. Monthly Net pay $3,855
Avg. Cost of Living $3,680
Affordability Index
104.76%
18. Airdrie, Alberta
Avg. Salary $61,150
Avg. Monthly Net pay $3,922
Avg. Cost of Living $3,803
Affordability Index
103.12%
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 $3,831
Affordability Index
101.95%
21. Banff, Alberta
Avg. Salary $51,000
Avg. Monthly Net pay $3,355
Avg. Cost of Living $3,325
Affordability Index
100.89%
22. Strathmore, Alberta
Avg. Salary $54,950
Avg. Monthly Net pay $3,582
Avg. Cost of Living $3,585
Affordability Index
99.92%
23. Beaverlodge, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,668
Affordability Index
98.13%
24. Bonnyville, Alberta
Avg. Salary $53,900
Avg. Monthly Net pay $3,522
Avg. Cost of Living $3,688
Affordability Index
95.49%
25. Saint Paul, Alberta
Avg. Salary $53,650
Avg. Monthly Net pay $3,507
Avg. Cost of Living $3,680
Affordability Index
95.3%
26. Drayton Valley, Alberta
Avg. Salary $54,600
Avg. Monthly Net pay $3,562
Avg. Cost of Living $3,743
Affordability Index
95.16%
27. Lacombe, Alberta
Avg. Salary $52,700
Avg. Monthly Net pay $3,453
Avg. Cost of Living $3,673
Affordability Index
94%
28. Drumheller, Alberta
Avg. Salary $52,050
Avg. Monthly Net pay $3,415
Avg. Cost of Living $3,739
Affordability Index
91.34%
29. Camrose, Alberta
Avg. Salary $51,750
Avg. Monthly Net pay $3,398
Avg. Cost of Living $3,722
Affordability Index
91.29%
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. Brooks, Alberta
Avg. Salary $50,680
Avg. Monthly Net pay $3,336
Avg. Cost of Living $3,743
Affordability Index
89.13%
32. Sundre, Alberta
Avg. Salary $50,440
Avg. Monthly Net pay $3,322
Avg. Cost of Living $3,747
Affordability Index
88.67%
33. Stettler, Alberta
Avg. Salary $49,960
Avg. Monthly Net pay $3,295
Avg. Cost of Living $3,743
Affordability Index
88.03%
34. Barrhead, Alberta
Avg. Salary $49,080
Avg. Monthly Net pay $3,244
Avg. Cost of Living $3,691
Affordability Index
87.9%
35. Vegreville, Alberta
Avg. Salary $48,920
Avg. Monthly Net pay $3,235
Avg. Cost of Living $3,691
Affordability Index
87.65%
36. Three Hills, Alberta
Avg. Salary $45,960
Avg. Monthly Net pay $3,065
Avg. Cost of Living $3,747
Affordability Index
81.79%
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 $3,801
11888
118.88%
02
2
 Cochrane, Alberta $66,800 $4,222 $3,586
11773
117.73%
03
3
 Medicine Hat, Alberta $52,250 $3,427 $2,938
11663
116.63%
04
4
 St. Albert, Alberta $68,800 $4,297 $3,696
11625
116.26%
05
5
 Cold Lake, Alberta $65,100 $4,131 $3,607
11452
114.52%
06
6
 Okotoks, Alberta $64,400 $4,094 $3,591
11399
114%
07
7
 Edmonton, Alberta $56,800 $3,688 $3,276
11259
112.59%
08
8
 Red Deer, Alberta $55,250 $3,599 $3,207
11223
112.23%
09
9
 Lethbridge, Alberta $52,500 $3,441 $3,074
11194
111.94%
10
10
 Calgary, Alberta $64,600 $4,104 $3,736
10985
109.86%
11
11
 Spruce Grove, Alberta $60,950 $3,911 $3,604
10851
108.52%
12
12
 Hinton, Alberta $60,600 $3,892 $3,592
10836
108.36%
13
13
 Grande Prairie, Alberta $59,650 $3,842 $3,551
10819
108.2%
14
14
 Whitecourt, Alberta $60,250 $3,874 $3,675
10541
105.41%
15
15
 Athabasca, Alberta $60,500 $3,887 $3,691
10531
105.31%
16
16
 Slave Lake, Alberta $59,750 $3,847 $3,663
10503
105.03%
17
17
 High Level, Alberta $59,900 $3,855 $3,680
10476
104.76%
18
18
 Airdrie, Alberta $61,150 $3,922 $3,803
10311
103.12%
19
19
 Fort Saskatchewan, Alberta $66,400 $4,200 $4,085
10282
102.82%
20
20
 Peace River, Alberta $60,850 $3,906 $3,831
10194
101.95%
21
21
 Banff, Alberta $51,000 $3,355 $3,325
10089
100.89%
22
22
 Strathmore, Alberta $54,950 $3,582 $3,585
09991
99.92%
23
23
 Beaverlodge, Alberta $55,250 $3,599 $3,668
09812
98.13%
24
24
 Bonnyville, Alberta $53,900 $3,522 $3,688
09548
95.49%
25
25
 Saint Paul, Alberta $53,650 $3,507 $3,680
09530
95.3%
26
26
 Drayton Valley, Alberta $54,600 $3,562 $3,743
09516
95.16%
27
27
 Lacombe, Alberta $52,700 $3,453 $3,673
09399
94%
28
28
 Drumheller, Alberta $52,050 $3,415 $3,739
09133
91.34%
29
29
 Camrose, Alberta $51,750 $3,398 $3,722
09129
91.29%
30
30
 Pincher Creek, Alberta $50,640 $3,334 $3,737
08921
89.22%
31
31
 Brooks, Alberta $50,680 $3,336 $3,743
08913
89.13%
32
32
 Sundre, Alberta $50,440 $3,322 $3,747
08867
88.67%
33
33
 Stettler, Alberta $49,960 $3,295 $3,743
08802
88.03%
34
34
 Barrhead, Alberta $49,080 $3,244 $3,691
08789
87.9%
35
35
 Vegreville, Alberta $48,920 $3,235 $3,691
08764
87.65%
36
36
 Three Hills, Alberta $45,960 $3,065 $3,747
08178
81.79%
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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