What is a Good Salary in Yellowknife, Northwest Territories?
What is a Good Salary in Yellowknife, Northwest Territories?
Enter a salary amount and compare it with the average cost of living.
The average yearly salary in Yellowknife is $79,300 and the average household income in Yellowknife is $165,400.
Updated: February 1, 2025
Average Cost of Living per Month in Yellowknife
The average cost of living in Yellowknife is $4,299/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
$4,299/month
Monthly net income of $0/year
$0/month
Average total income in 2020
$79,300
Average total household income in 2020
$165,400
Average Salary in Yellowknife
The average salary in Yellowknife is $79,300, which is 45.6% higher than the Canadian average salary of $54,450.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Yellowknife. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $0.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Yellowknife is $1,938.
Transit
Driver
Transportation
The average monthly cost for a driver in Yellowknife is $643.
Groceries
The average person spends $599 on groceries per month in Yellowknife.
Utilities
The average monthly cost of utilities in Yellowknife is $396.
Leisure & Entertainment
The average person in Yellowknife spends $175 on leisure & entertainment per month.
Clothing
The average person in Yellowknife spends $45 on clothing per month.
Restaurants
The average person in Yellowknife spends $353 on restaurants per month.
Other
The average person in Yellowknife 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 Yellowknife 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
$4,299/month
Monthly net income of $0/year
$0/month
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Jobs in Yellowknife
Reitmans (Canada) Ltée/Ltd
-
297 Jobs
Yellowknife, NT
4 days ago
Reitmans (Canada) Ltée/Ltd
-
297 Jobs
Yellowknife, NT
4 days ago
Most affordable cities in Northwest Territories
Avg. Salary
$86,400
Avg. Monthly Net pay
$5,411
Avg. Cost of Living
$3,683
Affordability Index
146.91%
Avg. Salary
$68,100
Avg. Monthly Net pay
$4,376
Avg. Cost of Living
$3,683
Affordability Index
118.8%
Avg. Salary
$79,300
Avg. Monthly Net pay
$4,991
Avg. Cost of Living
$4,299
Affordability Index
116.1%
Avg. Salary
$71,700
Avg. Monthly Net pay
$4,542
Avg. Cost of Living
$4,037
Affordability Index
112.51%
Avg. Salary
$72,800
Avg. Monthly Net pay
$4,607
Avg. Cost of Living
$4,421
Affordability Index
104.21%
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.
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
|
Norman Wells, Northwest Territories | $86,400 | $5,411 | $3,683 |
14690
146.91%
|
|
02
2
|
Fort Smith, Northwest Territories | $68,100 | $4,376 | $3,683 |
11880
118.8%
|
|
03
3
|
Yellowknife, Northwest Territories | $79,300 | $4,991 | $4,299 |
11610
116.1%
|
|
04
4
|
Hay River, Northwest Territories | $71,700 | $4,542 | $4,037 |
11251
112.51%
|
|
05
5
|
Inuvik, Northwest Territories | $72,800 | $4,607 | $4,421 |
10421
104.21%
|
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.
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.