Is $50,000 a good salary in Slave Lake, Alberta?
Is $50,000 a good salary in Slave Lake, Alberta?
$50,000 is $9,750 less than the average yearly salary of $59,750 in Slave Lake. A salary of $50,000 per year means that you would be taking home about $39,507 per year after taxes, or $3,292 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Slave Lake is $116,500.
Updated: November 1, 2024
Average Cost of Living per Month in Slave Lake
The average cost of living in Slave Lake is $3,499/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
$3,499/month
Monthly net income of $50,000/year
$3,292/month
Average total income in 2020
$59,750
Average total household income in 2020
$116,500
Average Salary in Slave Lake
The average salary in Slave Lake is $59,750, which is 9.7% higher than the Canadian average salary of $54,450. A person making $50,000 a year in Slave Lake makes 16.3% less than the average working person in Slave Lake and will take home about $39,507.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Slave Lake. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $50,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Slave Lake is $1,579.
Transit
Driver
Transportation
The average monthly cost for a driver in Slave Lake is $613.
Groceries
The average person spends $471 on groceries per month in Slave Lake.
Utilities
The average monthly cost of utilities in Slave Lake is $205.
Leisure & Entertainment
The average person in Slave Lake spends $154 on leisure & entertainment per month.
Clothing
The average person in Slave Lake spends $37 on clothing per month.
Restaurants
The average person in Slave Lake spends $290 on restaurants per month.
Other
The average person in Slave Lake 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 Slave Lake 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
$3,499/month
Monthly net income of $50,000/year
$3,292/month
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