Cost of living

Cost of living in Saskatoon

Average rent and household spending in Saskatoon — and a quick check of whether your rent is reasonable for your income.

Average rent in Saskatoon

CMHC, apartment structures of three units and over.

Bachelor$981/mo
1 bedroom$1,281/mo
2 bedroom$1,559/mo
3 bedroom$1,792/mo

Is your rent reasonable?

Check your rent in Saskatoon

Optional — to check the 30% affordability guideline.

That's about average for Saskatoon ($1,559).

City comparison

How Saskatoon compares

A one-bedroom in Saskatoon averages $1,281 a month, the 12th most expensive of the 18 cities we track and $126 below the 18-city average of $1,407.

Keeping rent under the 30% guideline takes a gross income of about $51,240 a year for a one-bedroom here, and about $62,360 for a two-bedroom.

The median individual income in Saskatoon is $47,940, so an average one-bedroom takes 32% of a median earner's gross income: stretched.

Income percentiles in Saskatoon

Household spending in Saskatchewan

Average household, per year (Survey of Household Spending).

Living costs
$70,384
Shelter
$19,809
Total
$94,005

Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.

What's next

Rent vs buyWhen buying beats renting.What home can you afford?The max price your income supports.Salary to buy a homeThe income a lender would require.