Is $62,000 a good salary in Stettler, Alberta?

Is $62,000 a good salary in Stettler, Alberta?

$62,000 is $12,040 more than the average yearly salary of $49,960 in Stettler. A salary of $62,000 per year means that you would be taking home about $47,599 per year after taxes, or $3,967 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Stettler is $89,100.

Stettler, Alberta
Updated: April 1, 2025

Average Cost of Living per Month in Stettler

The average cost of living in Stettler is $3,746/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
$3,746/month
Monthly net income of $62,000/year
$3,967/month
Average total income in 2020
$49,960
Average total household income in 2020
$89,100

Average Salary in Stettler

The average salary in Stettler is $49,960, which is 8.2% lower than the Canadian average salary of $54,450. A person making $62,000 a year in Stettler makes 24.1% more than the average working person in Stettler and will take home about $47,599.
Net Annual Pay:
$47,599
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 Stettler. 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 Stettler is $1,688.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Stettler is $626.
Groceries

Groceries

The average person spends $520 on groceries per month in Stettler.
Utilities

Utilities

The average monthly cost of utilities in Stettler is $219.
Leisure & Entertainment

Leisure & Entertainment

The average person in Stettler spends $158 on leisure & entertainment per month.
Clothing

Clothing

The average person in Stettler spends $41 on clothing per month.
Restaurants

Restaurants

The average person in Stettler spends $344 on restaurants per month.
Other

Other

The average person in Stettler 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 Stettler 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
$3,746/month
Monthly net income of $62,000/year
$3,967/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 $3,577
Affordability Index
118.03%
3. Medicine Hat, Alberta
Avg. Salary $52,250
Avg. Monthly Net pay $3,427
Avg. Cost of Living $2,940
Affordability Index
116.55%
4. St. Albert, Alberta
Avg. Salary $68,800
Avg. Monthly Net pay $4,297
Avg. Cost of Living $3,687
Affordability Index
116.54%
5. Cold Lake, Alberta
Avg. Salary $65,100
Avg. Monthly Net pay $4,131
Avg. Cost of Living $3,598
Affordability Index
114.81%
6. Okotoks, Alberta
Avg. Salary $64,400
Avg. Monthly Net pay $4,094
Avg. Cost of Living $3,573
Affordability Index
114.57%
7. Edmonton, Alberta
Avg. Salary $56,800
Avg. Monthly Net pay $3,688
Avg. Cost of Living $3,273
Affordability Index
112.69%
8. Red Deer, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,197
Affordability Index
112.58%
9. Lethbridge, Alberta
Avg. Salary $52,500
Avg. Monthly Net pay $3,441
Avg. Cost of Living $3,075
Affordability Index
111.9%
10. Calgary, Alberta
Avg. Salary $64,600
Avg. Monthly Net pay $4,104
Avg. Cost of Living $3,736
Affordability Index
109.86%
11. Hinton, Alberta
Avg. Salary $60,600
Avg. Monthly Net pay $3,892
Avg. Cost of Living $3,577
Affordability Index
108.82%
12. Spruce Grove, Alberta
Avg. Salary $60,950
Avg. Monthly Net pay $3,911
Avg. Cost of Living $3,612
Affordability Index
108.28%
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 $3,659
Affordability Index
105.87%
15. Athabasca, Alberta
Avg. Salary $60,500
Avg. Monthly Net pay $3,887
Avg. Cost of Living $3,675
Affordability Index
105.77%
16. Slave Lake, Alberta
Avg. Salary $59,750
Avg. Monthly Net pay $3,847
Avg. Cost of Living $3,646
Affordability Index
105.52%
17. High Level, Alberta
Avg. Salary $59,900
Avg. Monthly Net pay $3,855
Avg. Cost of Living $3,683
Affordability Index
104.68%
18. Airdrie, Alberta
Avg. Salary $61,150
Avg. Monthly Net pay $3,922
Avg. Cost of Living $3,796
Affordability Index
103.31%
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 $3,833
Affordability Index
101.9%
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 $3,583
Affordability Index
99.97%
23. Beaverlodge, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,671
Affordability Index
98.05%
24. Bonnyville, Alberta
Avg. Salary $53,900
Avg. Monthly Net pay $3,522
Avg. Cost of Living $3,672
Affordability Index
95.9%
25. Lacombe, Alberta
Avg. Salary $52,700
Avg. Monthly Net pay $3,453
Avg. Cost of Living $3,612
Affordability Index
95.59%
26. Saint Paul, Alberta
Avg. Salary $53,650
Avg. Monthly Net pay $3,507
Avg. Cost of Living $3,683
Affordability Index
95.23%
27. Drayton Valley, Alberta
Avg. Salary $54,600
Avg. Monthly Net pay $3,562
Avg. Cost of Living $3,746
Affordability Index
95.09%
28. Drumheller, Alberta
Avg. Salary $52,050
Avg. Monthly Net pay $3,415
Avg. Cost of Living $3,601
Affordability Index
94.84%
29. Camrose, Alberta
Avg. Salary $51,750
Avg. Monthly Net pay $3,398
Avg. Cost of Living $3,726
Affordability Index
91.19%
30. Vegreville, Alberta
Avg. Salary $48,920
Avg. Monthly Net pay $3,235
Avg. Cost of Living $3,623
Affordability Index
89.29%
31. Pincher Creek, Alberta
Avg. Salary $50,640
Avg. Monthly Net pay $3,334
Avg. Cost of Living $3,738
Affordability Index
89.19%
32. Brooks, Alberta
Avg. Salary $50,680
Avg. Monthly Net pay $3,336
Avg. Cost of Living $3,746
Affordability Index
89.06%
33. Sundre, Alberta
Avg. Salary $50,440
Avg. Monthly Net pay $3,322
Avg. Cost of Living $3,748
Affordability Index
88.65%
34. Barrhead, Alberta
Avg. Salary $49,080
Avg. Monthly Net pay $3,244
Avg. Cost of Living $3,675
Affordability Index
88.28%
35. Stettler, Alberta
Avg. Salary $49,960
Avg. Monthly Net pay $3,295
Avg. Cost of Living $3,746
Affordability Index
87.96%
36. Three Hills, Alberta
Avg. Salary $45,960
Avg. Monthly Net pay $3,065
Avg. Cost of Living $3,748
Affordability Index
81.77%
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 $3,577
11802
118.03%
03
3
 Medicine Hat, Alberta $52,250 $3,427 $2,940
11655
116.55%
04
4
 St. Albert, Alberta $68,800 $4,297 $3,687
11654
116.54%
05
5
 Cold Lake, Alberta $65,100 $4,131 $3,598
11480
114.81%
06
6
 Okotoks, Alberta $64,400 $4,094 $3,573
11457
114.57%
07
7
 Edmonton, Alberta $56,800 $3,688 $3,273
11269
112.69%
08
8
 Red Deer, Alberta $55,250 $3,599 $3,197
11258
112.58%
09
9
 Lethbridge, Alberta $52,500 $3,441 $3,075
11190
111.9%
10
10
 Calgary, Alberta $64,600 $4,104 $3,736
10985
109.86%
11
11
 Hinton, Alberta $60,600 $3,892 $3,577
10881
108.82%
12
12
 Spruce Grove, Alberta $60,950 $3,911 $3,612
10827
108.28%
13
13
 Grande Prairie, Alberta $59,650 $3,842 $3,551
10819
108.2%
14
14
 Whitecourt, Alberta $60,250 $3,874 $3,659
10587
105.87%
15
15
 Athabasca, Alberta $60,500 $3,887 $3,675
10577
105.77%
16
16
 Slave Lake, Alberta $59,750 $3,847 $3,646
10552
105.52%
17
17
 High Level, Alberta $59,900 $3,855 $3,683
10467
104.68%
18
18
 Airdrie, Alberta $61,150 $3,922 $3,796
10330
103.31%
19
19
 Fort Saskatchewan, Alberta $66,400 $4,200 $4,085
10282
102.82%
20
20
 Peace River, Alberta $60,850 $3,906 $3,833
10189
101.9%
21
21
 Banff, Alberta $51,000 $3,355 $3,325
10089
100.89%
22
22
 Strathmore, Alberta $54,950 $3,582 $3,583
09997
99.97%
23
23
 Beaverlodge, Alberta $55,250 $3,599 $3,671
09804
98.05%
24
24
 Bonnyville, Alberta $53,900 $3,522 $3,672
09590
95.9%
25
25
 Lacombe, Alberta $52,700 $3,453 $3,612
09558
95.59%
26
26
 Saint Paul, Alberta $53,650 $3,507 $3,683
09522
95.23%
27
27
 Drayton Valley, Alberta $54,600 $3,562 $3,746
09508
95.09%
28
28
 Drumheller, Alberta $52,050 $3,415 $3,601
09483
94.84%
29
29
 Camrose, Alberta $51,750 $3,398 $3,726
09119
91.19%
30
30
 Vegreville, Alberta $48,920 $3,235 $3,623
08929
89.29%
31
31
 Pincher Creek, Alberta $50,640 $3,334 $3,738
08919
89.19%
32
32
 Brooks, Alberta $50,680 $3,336 $3,746
08906
89.06%
33
33
 Sundre, Alberta $50,440 $3,322 $3,748
08864
88.65%
34
34
 Barrhead, Alberta $49,080 $3,244 $3,675
08827
88.28%
35
35
 Stettler, Alberta $49,960 $3,295 $3,746
08795
87.96%
36
36
 Three Hills, Alberta $45,960 $3,065 $3,748
08176
81.77%
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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