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: October 1, 2024

Average Cost of Living per Month in Saskatoon

The average cost of living in Saskatoon is $3,156/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
$3,156/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 $1,150.
Product Avg. Min. Max.
Apartment (1 bedroom) in City Centre, Rent Per Month
$1,390
$1,000
$2,000
Apartment (1 bedroom) Outside of Centre, Rent Per Month
$1,150
$900
$1,585
Apartment (3 bedrooms) in City Centre, Rent Per Month
$2,250
$1,800
$3,000
Apartment (3 bedrooms) Outside of Centre, Rent Per Month
$1,892
$1,500
$2,200
Updated: 2024-10-01 (57 contributors in the last 12 months)
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Saskatoon is $626.
Product Avg. Min. Max.
Gasoline (1 liter), Transportation
$1.53
$1.32
$1.67
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Transportation
$33,978
$33,978
$35,015
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Transportation
$28,845
$27,383
$30,000
Updated: 2024-10-01 (57 contributors in the last 12 months)
Groceries

Groceries

The average person spends $468 on groceries per month in Saskatoon.
Product Avg. Min. Max.
Milk (regular), (1 liter), Markets
$3.24
$1.50
$5.00
Loaf of Fresh White Bread (500g), Markets
$3.50
$1.69
$6.00
Eggs (regular) (12), Markets
$4.53
$2.00
$6.00
Local Cheese (1kg), Markets
$11.69
$9.00
$15.00
Water (1.5 liter bottle), Markets
$1.72
$0.99
$5.00
Bottle of Wine (Mid-Range), Markets
$20.00
$15.00
$29.00
Domestic Beer (0.5 liter bottle), Markets
$4.30
$2.73
$6.00
Imported Beer (0.33 liter bottle), Markets
$4.60
$2.40
$9.00
Cigarettes 20 Pack (Marlboro), Markets
$19.00
$16.00
$24.00
Apples (1kg), Markets
$5.78
$1.99
$7.00
Chicken Fillets (1kg), Markets
$16.77
$12.00
$20.00
Oranges (1kg), Markets
$4.62
$3.00
$10.00
Potato (1kg), Markets
$2.62
$1.50
$10.00
Lettuce (1 head), Markets
$3.41
$2.50
$4.00
Rice (white), (1kg), Markets
$6.47
$2.70
$10.00
Tomato (1kg), Markets
$3.86
$2.00
$5.45
Banana (1kg), Markets
$1.71
$0.79
$5.00
Onion (1kg), Markets
$2.68
$1.00
$5.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat), Markets
$21.67
$8.00
$30.00
Updated: 2024-10-01 (57 contributors in the last 12 months)
Utilities

Utilities

The average monthly cost of utilities in Saskatoon is $223.
Product Avg. Min. Max.
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, Utilities (Monthly)
$282.83
$163.38
$600.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Utilities (Monthly)
$103.00
$75.00
$160.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data, Utilities (Monthly)
$86.92
$40.00
$123.00
Updated: 2024-10-01 (57 contributors in the last 12 months)
Leisure & Entertainment

Leisure & Entertainment

The average person in Saskatoon spends $157 on leisure & entertainment per month.
Product Avg. Min. Max.
Fitness Club, Monthly Fee for 1 Adult, Sports And Leisure
$53.14
$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: 2024-10-01 (57 contributors in the last 12 months)
Clothing

Clothing

The average person in Saskatoon spends $47 on clothing per month.
Product Avg. Min. Max.
1 Pair of Jeans (Levis 501 Or Similar), Clothing And Shoes
$88.00
$50.00
$126.00
1 Summer Dress in a Chain Store (Zara, H&M, ...), Clothing And Shoes
$70.20
$35.00
$110.00
1 Pair of Nike Running Shoes (Mid-Range), Clothing And Shoes
$134.17
$100.00
$175.00
1 Pair of Men Leather Business Shoes, Clothing And Shoes
$173.33
$140.00
$250.00
Updated: 2024-10-01 (57 contributors in the last 12 months)
Restaurants

Restaurants

The average person in Saskatoon spends $335 on restaurants per month.
Product Avg. Min. Max.
Meal, Inexpensive Restaurant, Restaurants
$25.00
$15.00
$40.00
Meal for 2 People, Mid-range Restaurant, Three-course, Restaurants
$100.00
$80.00
$180.80
McMeal at McDonalds (or Equivalent Combo Meal), Restaurants
$12.25
$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
$2.92
$2.50
$4.00
Water (0.33 liter bottle) , Restaurants
$2.31
$2.00
$4.00
Cappuccino (regular), Restaurants
$4.86
$3.00
$6.59
Updated: 2024-10-01 (57 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: 2024-10-01 (57 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
$3,156/month

Monthly net income of $62,000/year
$3,893/month

Most affordable cities in Saskatchewan

Avg. Salary $61,750
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,342
Affordability Index
116.11%
Avg. Salary $56,700
Avg. Monthly Net pay $3,624
Avg. Cost of Living $3,148
Affordability Index
115.14%
Avg. Salary $63,150
Avg. Monthly Net pay $3,950
Avg. Cost of Living $3,514
Affordability Index
112.42%
Avg. Salary $54,700
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,140
Affordability Index
112.01%
Avg. Salary $62,950
Avg. Monthly Net pay $3,941
Avg. Cost of Living $3,563
Affordability Index
110.6%
Avg. Salary $55,050
Avg. Monthly Net pay $3,537
Avg. Cost of Living $3,567
Affordability Index
99.15%
Avg. Salary $54,600
Avg. Monthly Net pay $3,511
Avg. Cost of Living $3,563
Affordability Index
98.55%
Avg. Salary $49,280
Avg. Monthly Net pay $3,211
Avg. Cost of Living $3,284
Affordability Index
97.78%
Avg. Salary $48,120
Avg. Monthly Net pay $3,145
Avg. Cost of Living $3,259
Affordability Index
96.49%
Avg. Salary $51,500
Avg. Monthly Net pay $3,338
Avg. Cost of Living $3,483
Affordability Index
95.84%
Avg. Salary $52,400
Avg. Monthly Net pay $3,389
Avg. Cost of Living $3,545
Affordability Index
95.6%
Avg. Salary $52,850
Avg. Monthly Net pay $3,414
Avg. Cost of Living $3,572
Affordability Index
95.58%
Avg. Salary $52,600
Avg. Monthly Net pay $3,400
Avg. Cost of Living $3,563
Affordability Index
95.43%
Avg. Salary $55,850
Avg. Monthly Net pay $3,581
Avg. Cost of Living $3,755
Affordability Index
95.37%
Avg. Salary $50,240
Avg. Monthly Net pay $3,266
Avg. Cost of Living $3,458
Affordability Index
94.45%
Avg. Salary $50,080
Avg. Monthly Net pay $3,257
Avg. Cost of Living $3,563
Affordability Index
91.41%
Avg. Salary $49,520
Avg. Monthly Net pay $3,225
Avg. Cost of Living $3,563
Affordability Index
90.51%
Avg. Salary $47,680
Avg. Monthly Net pay $3,119
Avg. Cost of Living $3,563
Affordability Index
87.55%
Avg. Salary $46,700
Avg. Monthly Net pay $3,063
Avg. Cost of Living $3,572
Affordability Index
85.76%
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 $3,342
11611
116.11%
02
2
Regina, Saskatchewan $56,700 $3,624 $3,148
11513
115.14%
03
3
Warman, Saskatchewan $63,150 $3,950 $3,514
11242
112.42%
04
4
Saskatoon, Saskatchewan $54,700 $3,517 $3,140
11200
112.01%
05
5
Weyburn, Saskatchewan $62,950 $3,941 $3,563
11059
110.6%
06
6
Kindersley, Saskatchewan $55,050 $3,537 $3,567
09914
99.15%
07
7
Moosomin, Saskatchewan $54,600 $3,511 $3,563
09855
98.55%
08
8
Prince Albert, Saskatchewan $49,280 $3,211 $3,284
09778
97.78%
09
9
North Battleford, Saskatchewan $48,120 $3,145 $3,259
09649
96.49%
10
10
Moose Jaw, Saskatchewan $51,500 $3,338 $3,483
09584
95.84%
11
11
Swift Current, Saskatchewan $52,400 $3,389 $3,545
09560
95.6%
12
12
Meadow Lake, Saskatchewan $52,850 $3,414 $3,572
09558
95.58%
13
13
Humboldt, Saskatchewan $52,600 $3,400 $3,563
09543
95.43%
14
14
La Ronge, Saskatchewan $55,850 $3,581 $3,755
09536
95.37%
15
15
Yorkton, Saskatchewan $50,240 $3,266 $3,458
09444
94.45%
16
16
Melfort, Saskatchewan $50,080 $3,257 $3,563
09140
91.41%
17
17
Tisdale, Saskatchewan $49,520 $3,225 $3,563
09050
90.51%
18
18
Biggar, Saskatchewan $47,680 $3,119 $3,563
08755
87.55%
19
19
Gravelbourg, Saskatchewan $46,700 $3,063 $3,572
08576
85.76%
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.