Is $62,000 a good salary in Saskatoon, Saskatchewan?

Is $62,000 a good salary in Saskatoon, Saskatchewan?

$62,000 is $7,300 more than the average yearly salary of $54,700 in Saskatoon. A salary of $62,000 per year means that you would be taking home about $46,718 per year after taxes, or $3,893 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Saskatoon is $104,000.

Saskatoon, Saskatchewan
Updated: December 1, 2024

Average Cost of Living per Month in Saskatoon

The average cost of living in Saskatoon is $3,166/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
$3,166/month
Monthly net income of $62,000/year
$3,893/month
Average total income in 2020
$54,700
Average total household income in 2020
$104,000

Average Salary in Saskatoon

The average salary in Saskatoon is $54,700, which is 0.5% higher than the Canadian average salary of $54,450. A person making $62,000 a year in Saskatoon makes 13.3% more than the average working person in Saskatoon and will take home about $46,718.
Net Annual Pay:
$46,718
Income tax breakdown
Hourly Salary:
$31.79
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Saskatoon. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $62,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Saskatoon is $1,122.
Product Avg. Min. Max.
Apartment (1 bedroom) in City Centre, Rent Per Month
$1,325
$1,000
$2,000
Apartment (1 bedroom) Outside of Centre, Rent Per Month
$1,122
$900
$1,400
Apartment (3 bedrooms) in City Centre, Rent Per Month
$2,300
$1,800
$3,000
Apartment (3 bedrooms) Outside of Centre, Rent Per Month
$1,892
$1,500
$2,400
Updated: 2024-12-01 (65 contributors in the last 12 months)
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Saskatoon is $624.
Product Avg. Min. Max.
Gasoline (1 liter), Transportation
$1.52
$1.32
$1.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Transportation
$33,978
$33,978
$35,000
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Transportation
$28,845
$27,383
$30,000
Updated: 2024-12-01 (65 contributors in the last 12 months)
Groceries

Groceries

The average person spends $479 on groceries per month in Saskatoon.
Product Avg. Min. Max.
Milk (regular), (1 liter), Markets
$3.41
$1.50
$5.45
Loaf of Fresh White Bread (500g), Markets
$3.59
$1.69
$6.00
Eggs (regular) (12), Markets
$4.65
$2.50
$6.00
Local Cheese (1kg), Markets
$12.16
$9.00
$15.00
Water (1.5 liter bottle), Markets
$1.57
$0.99
$5.00
Bottle of Wine (Mid-Range), Markets
$20.00
$15.00
$29.00
Domestic Beer (0.5 liter bottle), Markets
$3.98
$2.00
$6.00
Imported Beer (0.33 liter bottle), Markets
$4.62
$3.00
$8.00
Cigarettes 20 Pack (Marlboro), Markets
$20.00
$16.00
$24.00
Apples (1kg), Markets
$5.70
$1.99
$7.00
Chicken Fillets (1kg), Markets
$16.83
$12.00
$20.00
Oranges (1kg), Markets
$5.68
$4.00
$10.00
Potato (1kg), Markets
$3.02
$1.50
$5.00
Lettuce (1 head), Markets
$3.71
$2.50
$4.00
Rice (white), (1kg), Markets
$6.98
$2.70
$10.00
Tomato (1kg), Markets
$4.20
$2.00
$5.45
Banana (1kg), Markets
$1.86
$0.79
$5.00
Onion (1kg), Markets
$2.90
$2.00
$4.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat), Markets
$19.67
$8.00
$28.66
Updated: 2024-12-01 (65 contributors in the last 12 months)
Utilities

Utilities

The average monthly cost of utilities in Saskatoon is $241.
Product Avg. Min. Max.
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, Utilities (Monthly)
$314.36
$191.02
$600.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Utilities (Monthly)
$101.23
$75.00
$130.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data, Utilities (Monthly)
$83.69
$40.00
$123.00
Updated: 2024-12-01 (65 contributors in the last 12 months)
Leisure & Entertainment

Leisure & Entertainment

The average person in Saskatoon spends $159 on leisure & entertainment per month.
Product Avg. Min. Max.
Fitness Club, Monthly Fee for 1 Adult, Sports And Leisure
$55.33
$27.08
$75.00
Tennis Court Rent (1 Hour on Weekend), Sports And Leisure
$26.67
$15.00
$15.00
Cinema, International Release, 1 Seat, Sports And Leisure
$20.00
$20.00
$24.00
Updated: 2024-12-01 (65 contributors in the last 12 months)
Clothing

Clothing

The average person in Saskatoon spends $48 on clothing per month.
Product Avg. Min. Max.
1 Pair of Jeans (Levis 501 Or Similar), Clothing And Shoes
$95.14
$50.00
$126.00
1 Summer Dress in a Chain Store (Zara, H&M, ...), Clothing And Shoes
$75.17
$50.00
$100.00
1 Pair of Nike Running Shoes (Mid-Range), Clothing And Shoes
$135.00
$100.00
$230.00
1 Pair of Men Leather Business Shoes, Clothing And Shoes
$170.00
$140.00
$250.00
Updated: 2024-12-01 (65 contributors in the last 12 months)
Restaurants

Restaurants

The average person in Saskatoon spends $343 on restaurants per month.
Product Avg. Min. Max.
Meal, Inexpensive Restaurant, Restaurants
$25.00
$13.00
$50.00
Meal for 2 People, Mid-range Restaurant, Three-course, Restaurants
$105.00
$80.00
$180.80
McMeal at McDonalds (or Equivalent Combo Meal), Restaurants
$12.50
$12.00
$15.00
Domestic Beer (0.5 liter draught), Restaurants
$7.50
$6.00
$9.00
Imported Beer (0.33 liter bottle), Restaurants
$8.50
$7.50
$12.00
Coke/Pepsi (0.33 liter bottle), Restaurants
$2.82
$2.00
$4.00
Water (0.33 liter bottle) , Restaurants
$2.29
$2.00
$4.00
Cappuccino (regular), Restaurants
$4.92
$3.00
$6.59
Updated: 2024-12-01 (65 contributors in the last 12 months)
Other

Other

The average person in Saskatoon spends $150 on miscellaneous goods and services per month.
Product Avg. Min. Max.
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child, Childcare
$850
$800
$900
International Primary School, Yearly for 1 Child, Childcare
$13,900
Updated: 2024-12-01 (65 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 Saskatoon 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
$3,166/month
Monthly net income of $62,000/year
$3,893/month

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Most affordable cities in Saskatchewan

1. Estevan, Saskatchewan
Avg. Salary $61,750
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,336
Affordability Index
116.32%
2. Regina, Saskatchewan
Avg. Salary $56,700
Avg. Monthly Net pay $3,624
Avg. Cost of Living $3,153
Affordability Index
114.95%
3. Warman, Saskatchewan
Avg. Salary $63,150
Avg. Monthly Net pay $3,950
Avg. Cost of Living $3,519
Affordability Index
112.26%
4. Saskatoon, Saskatchewan
Avg. Salary $54,700
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,156
Affordability Index
111.44%
5. Weyburn, Saskatchewan
Avg. Salary $62,950
Avg. Monthly Net pay $3,941
Avg. Cost of Living $3,554
Affordability Index
110.88%
6. Humboldt, Saskatchewan
Avg. Salary $52,600
Avg. Monthly Net pay $3,400
Avg. Cost of Living $3,377
Affordability Index
100.69%
7. Kindersley, Saskatchewan
Avg. Salary $55,050
Avg. Monthly Net pay $3,537
Avg. Cost of Living $3,567
Affordability Index
99.15%
8. Moosomin, Saskatchewan
Avg. Salary $54,600
Avg. Monthly Net pay $3,511
Avg. Cost of Living $3,554
Affordability Index
98.8%
9. Prince Albert, Saskatchewan
Avg. Salary $49,280
Avg. Monthly Net pay $3,211
Avg. Cost of Living $3,294
Affordability Index
97.48%
10. North Battleford, Saskatchewan
Avg. Salary $48,120
Avg. Monthly Net pay $3,145
Avg. Cost of Living $3,265
Affordability Index
96.32%
11. Moose Jaw, Saskatchewan
Avg. Salary $51,500
Avg. Monthly Net pay $3,338
Avg. Cost of Living $3,489
Affordability Index
95.68%
12. La Ronge, Saskatchewan
Avg. Salary $55,850
Avg. Monthly Net pay $3,581
Avg. Cost of Living $3,755
Affordability Index
95.37%
13. Swift Current, Saskatchewan
Avg. Salary $52,400
Avg. Monthly Net pay $3,389
Avg. Cost of Living $3,556
Affordability Index
95.31%
14. Meadow Lake, Saskatchewan
Avg. Salary $52,850
Avg. Monthly Net pay $3,414
Avg. Cost of Living $3,586
Affordability Index
95.21%
15. Yorkton, Saskatchewan
Avg. Salary $50,240
Avg. Monthly Net pay $3,266
Avg. Cost of Living $3,468
Affordability Index
94.18%
16. Melfort, Saskatchewan
Avg. Salary $50,080
Avg. Monthly Net pay $3,257
Avg. Cost of Living $3,554
Affordability Index
91.64%
17. Tisdale, Saskatchewan
Avg. Salary $49,520
Avg. Monthly Net pay $3,225
Avg. Cost of Living $3,554
Affordability Index
90.74%
18. Biggar, Saskatchewan
Avg. Salary $47,680
Avg. Monthly Net pay $3,119
Avg. Cost of Living $3,554
Affordability Index
87.77%
19. Gravelbourg, Saskatchewan
Avg. Salary $46,700
Avg. Monthly Net pay $3,063
Avg. Cost of Living $3,586
Affordability Index
85.43%
20. Radisson, Saskatchewan
Avg. Salary $42,000
Avg. Monthly Net pay $2,794
Avg. Cost of Living $3,570
Affordability Index
78.27%
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
 Estevan, Saskatchewan $61,750 $3,881 $3,336
11632
116.32%
02
2
 Regina, Saskatchewan $56,700 $3,624 $3,153
11495
114.95%
03
3
 Warman, Saskatchewan $63,150 $3,950 $3,519
11226
112.26%
04
4
 Saskatoon, Saskatchewan $54,700 $3,517 $3,156
11144
111.44%
05
5
 Weyburn, Saskatchewan $62,950 $3,941 $3,554
11087
110.88%
06
6
 Humboldt, Saskatchewan $52,600 $3,400 $3,377
10068
100.69%
07
7
 Kindersley, Saskatchewan $55,050 $3,537 $3,567
09914
99.15%
08
8
 Moosomin, Saskatchewan $54,600 $3,511 $3,554
09880
98.8%
09
9
 Prince Albert, Saskatchewan $49,280 $3,211 $3,294
09748
97.48%
10
10
 North Battleford, Saskatchewan $48,120 $3,145 $3,265
09631
96.32%
11
11
 Moose Jaw, Saskatchewan $51,500 $3,338 $3,489
09567
95.68%
12
12
 La Ronge, Saskatchewan $55,850 $3,581 $3,755
09536
95.37%
13
13
 Swift Current, Saskatchewan $52,400 $3,389 $3,556
09530
95.31%
14
14
 Meadow Lake, Saskatchewan $52,850 $3,414 $3,586
09520
95.21%
15
15
 Yorkton, Saskatchewan $50,240 $3,266 $3,468
09417
94.18%
16
16
 Melfort, Saskatchewan $50,080 $3,257 $3,554
09164
91.64%
17
17
 Tisdale, Saskatchewan $49,520 $3,225 $3,554
09073
90.74%
18
18
 Biggar, Saskatchewan $47,680 $3,119 $3,554
08777
87.77%
19
19
 Gravelbourg, Saskatchewan $46,700 $3,063 $3,586
08542
85.43%
20
20
 Radisson, Saskatchewan $42,000 $2,794 $3,570
07827
78.27%
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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