Is $70,000 a good salary in Watson Lake, Yukon?

Is $70,000 a good salary in Watson Lake, Yukon?

$70,000 is $15,800 more than the average yearly salary of $54,200 in Watson Lake. A salary of $70,000 per year means that you would be taking home about $53,269 per year after taxes, or $4,439 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Watson Lake is $94,800.

Watson Lake, Yukon
Updated: October 1, 2023

Average Cost of Living per Month in Watson Lake

The average cost of living in Watson Lake is $3,683/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
$3,683/month

Monthly net income of $70,000/year
$4,439/month
Average total income in 2020
$54,200

Average total household income in 2020
$94,800

Average Salary in Watson Lake

The average salary in Watson Lake is $54,200, which is 0.5% lower than the Canadian average salary of $54,450. A person making $70,000 a year in Watson Lake makes 29.2% more than the average working person in Watson Lake and will take home about $53,269.
Net Annual Pay:
$53,269
Income tax breakdown
Hourly Salary:
$35.90
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Watson Lake. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $70,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Watson Lake is $1,688.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Watson Lake is $634.
Groceries

Groceries

The average person spends $504 on groceries per month in Watson Lake.
Utilities

Utilities

The average monthly cost of utilities in Watson Lake is $168.
Leisure & Entertainment

Leisure & Entertainment

The average person in Watson Lake spends $156 on leisure & entertainment per month.
Clothing

Clothing

The average person in Watson Lake spends $40 on clothing per month.
Restaurants

Restaurants

The average person in Watson Lake spends $343 on restaurants per month.
Other

Other

The average person in Watson 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 Watson 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
$3,683/month

Monthly net income of $70,000/year
$4,439/month

Most affordable cities in Yukon

Avg. Salary $67,700
Avg. Monthly Net pay $4,346
Avg. Cost of Living $4,074
Affordability Index
106.69%
Avg. Salary $54,200
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,683
Affordability Index
97.72%
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
Whitehorse, Yukon $67,700 $4,346 $4,074
10668
106.69%
02
2
Watson Lake, Yukon $54,200 $3,599 $3,683
09772
97.72%
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.