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.
Saskatoon costs 18% less than the Canadian national average
Rent consumes 51% of your total expenses β very housing-heavy budget.
π‘ Consider a roommate, smaller apartment, or more affordable neighborhood.
70% of spending is on fixed costs β somewhat inflexible.
π‘ Consider lowering car payments or housing costs if possible.
41% potential savings rate β great for building wealth!
Risk assessment based on financial planning best practices. Consult a financial advisor for personalized advice.
π¬ Use These in Negotiations
βBased on the cost of living in Saskatoon, I would need a minimum of C$65,600 to maintain my current standard of living.β
βMoving to Saskatoon requires a salary adjustment of -18% compared to the national average to maintain equivalent purchasing power.β
π Salary Tiers for Saskatoon
π If You're Relocating
π 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.
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.