CanadaCOL Index: 85Cost Level: Affordable

Cost of Living in Sherbrooke, QC (2026)

Planning to live in Sherbrooke, QC? Our personalized calculator shows YOUR actual cost of living - not generic averages. Sherbrooke, QC has a affordable cost of living with a COL index of 85 (15% lower than the national average). Average 1BR rent: ~C$1,190/mo. Total monthly expenses: ~C$2,975 for a balanced lifestyle. Recommended salary: C$68,000/year.

Est. 1BR Rent
C$1,190
/month
Est. Monthly Total
C$2,975
balanced lifestyle
Recommended Salary
C$68,000
/year gross
vs National Avg
-15%
cheaper
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Your Lifestyle Cost in Sherbrooke, QC
Monthly Cost
C$2,327
Yearly Cost
C$27,924
Recommended Salary
C$68,000
gross/year
15% Below Average

Sherbrooke costs 15% less than the Canadian national average

COL Index
85
100 = Average
Spending Breakdown
TotalC$2,327/month
Housing51%
Utilities & Bills19%
Lifestyle13%
Food12%
Transportation5%
Biggest Cost Drivers
Where most of your money goes
#1
Housing
C$1,190/mo β€’ 51% of budget
C$14,280/yr
#2
Utilities & Bills
C$438/mo β€’ 19% of budget
C$5,256/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$13,962
~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 Sherbrooke, you need:
C$68,000/year
β‰ˆ C$33/hour (40 hrs/week)
-15% vs national average

πŸ’¬ Use These in Negotiations

Job Offer Response

β€œBased on the cost of living in Sherbrooke, I would need a minimum of C$68,000 to maintain my current standard of living.”

Relocation Negotiation

β€œMoving to Sherbrooke requires a salary adjustment of -15% compared to the national average to maintain equivalent purchasing power.”

πŸ“Š Salary Tiers for Sherbrooke

Tight Budget
C$51,000
C$25/hr
Recommended
C$68,000
C$33/hr
Comfortable
C$85,000
C$41/hr
Luxury
C$108,800
C$52/hr

πŸ”„ If You're Relocating

In a Cheaper City (COL 85)
C$68,000
C$0 less needed
Sherbrooke (COL 85)
C$68,000
Your target
In an Expensive City (COL 130)
C$104,000
C$36,000 more needed

πŸ“‹ For HR/Recruiters: These figures are based on actual cost-of-living data for Sherbrooke. Use the Recommended Salary (C$68,000) as a benchmark for competitive compensation packages.

Category Comparison
HousingC$1,190 (51%)
Utilities & BillsC$438 (19%)
LifestyleC$299 (13%)
FoodC$289 (12%)
TransportationC$111 (5%)
Detailed Monthly Breakdown
Rent/Housing
C$1,190
⚑Utilities
C$85
πŸ₯—Groceries
C$153
Dining Out
C$85
Coffee
C$51
Public Transport
C$68
πŸš—Rideshare
C$43
Gym
C$21
Streaming
C$50
Travel Fund
C$100
Shopping
C$128
πŸ₯Healthcare
C$213
πŸ“±Phone
C$80
πŸ“ΆInternet
C$60
What If? Lifestyle Tuning
Click to apply changes. Click again to revert.
Total Potential Savings
C$1,036/mo
= C$12,432/year
About Living in Sherbrooke
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Data Sources for Sherbrooke
Our cost estimates are based on authoritative data sources

Methodology: Sherbrooke's COL Index (85) is calculated using a weighted average approach similar to C2ER COLI, where 100 = national average. Data updated quarterly. See Sources for more.