CanadaCOL Index: 82Cost Level: Affordable

Cost of Living in Saskatoon, SK (2026)

Planning to live in Saskatoon, SK? Our personalized calculator shows YOUR actual cost of living - not generic averages. Saskatoon, SK has a affordable cost of living with a COL index of 82 (18% lower than the national average). Average 1BR rent: ~C$1,148/mo. Total monthly expenses: ~C$2,870 for a balanced lifestyle. Recommended salary: C$65,600/year.

Est. 1BR Rent
C$1,148
/month
Est. Monthly Total
C$2,870
balanced lifestyle
Recommended Salary
C$65,600
/year gross
vs National Avg
-18%
cheaper
Choose Your City
Quick Lifestyle Presets
Choose a lifestyle profile or customize below
Customize Your Lifestyle
Adjust each category to match how you actually live
Your Lifestyle Cost in Saskatoon, SK
Monthly Cost
C$2,252
Yearly Cost
C$27,024
Recommended Salary
C$65,600
gross/year
18% Below Average

Saskatoon costs 18% less than the Canadian national average

COL Index
82
100 = Average
Spending Breakdown
TotalC$2,252/month
Housing51%
Utilities & Bills19%
Lifestyle13%
Food12%
Transportation5%
Biggest Cost Drivers
Where most of your money goes
#1
Housing
C$1,148/mo β€’ 51% of budget
C$13,776/yr
#2
Utilities & Bills
C$424/mo β€’ 19% of budget
C$5,088/yr
Affordability & Risk Assessment
Score: 50/100
Some financial concerns to address
Financial Health ScoreModerate Risk
🏠
High Rent Burden
51%

Rent consumes 51% of your total expenses β€” very housing-heavy budget.

πŸ’‘ Consider a roommate, smaller apartment, or more affordable neighborhood.

πŸ”’
Moderate Fixed Costs
70%

70% of spending is on fixed costs β€” somewhat inflexible.

πŸ’‘ Consider lowering car payments or housing costs if possible.

πŸ’°
Healthy Savings Rate
41%

41% potential savings rate β€” great for building wealth!

Rent % of Budget
51%
Target: <35%
Fixed Costs
70%
Target: <50%
Savings Potential
41%
Target: >20%
6-Mo Emergency Fund
C$13,512
~9 months to save

Risk assessment based on financial planning best practices. Consult a financial advisor for personalized advice.

Salary Negotiation Insights
Use these numbers when negotiating job offers or relocations
To maintain your lifestyle in Saskatoon, you need:
C$65,600/year
β‰ˆ C$32/hour (40 hrs/week)
-18% vs national average

πŸ’¬ Use These in Negotiations

Job Offer Response

β€œBased on the cost of living in Saskatoon, I would need a minimum of C$65,600 to maintain my current standard of living.”

Relocation Negotiation

β€œMoving to Saskatoon requires a salary adjustment of -18% compared to the national average to maintain equivalent purchasing power.”

πŸ“Š Salary Tiers for Saskatoon

Tight Budget
C$49,200
C$24/hr
Recommended
C$65,600
C$32/hr
Comfortable
C$82,000
C$39/hr
Luxury
C$104,960
C$50/hr

πŸ”„ If You're Relocating

In a Cheaper City (COL 85)
C$68,000
C$-2,400 less needed
Saskatoon (COL 82)
C$65,600
Your target
In an Expensive City (COL 130)
C$104,000
C$38,400 more needed

πŸ“‹ For HR/Recruiters: These figures are based on actual cost-of-living data for Saskatoon. Use the Recommended Salary (C$65,600) as a benchmark for competitive compensation packages.

Category Comparison
HousingC$1,148 (51%)
Utilities & BillsC$424 (19%)
LifestyleC$294 (13%)
FoodC$279 (12%)
TransportationC$107 (5%)
Detailed Monthly Breakdown
Rent/Housing
C$1,148
⚑Utilities
C$82
πŸ₯—Groceries
C$148
Dining Out
C$82
Coffee
C$49
Public Transport
C$66
πŸš—Rideshare
C$41
Gym
C$21
Streaming
C$50
Travel Fund
C$100
Shopping
C$123
πŸ₯Healthcare
C$205
πŸ“±Phone
C$80
πŸ“ΆInternet
C$57
What If? Lifestyle Tuning
Click to apply changes. Click again to revert.
Total Potential Savings
C$1,000/mo
= C$12,000/year
About Living in Saskatoon
Tap to expand each section

Data Sources for Saskatoon
Our cost estimates are based on authoritative data sources

Methodology: Saskatoon's COL Index (82) is calculated using a weighted average approach similar to C2ER COLI, where 100 = national average. Data updated quarterly. See Sources for more.