Is $50,000 a good salary in Bonnyville, Alberta?

Is $50,000 a good salary in Bonnyville, Alberta?

$50,000 is $3,900 less than the average yearly salary of $53,900 in Bonnyville. A salary of $50,000 per year means that you would be taking home about $39,507 per year after taxes, or $3,292 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Bonnyville is $98,400.

Bonnyville, Alberta
Updated: May 1, 2024

Average Cost of Living per Month in Bonnyville

The average cost of living in Bonnyville is $3,500/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
$3,500/month

Monthly net income of $50,000/year
$3,292/month
Average total income in 2020
$53,900

Average total household income in 2020
$98,400

Average Salary in Bonnyville

The average salary in Bonnyville is $53,900, which is 1% lower than the Canadian average salary of $54,450. A person making $50,000 a year in Bonnyville makes 7.2% less than the average working person in Bonnyville and will take home about $39,507.
Net Annual Pay:
$39,507
Income tax breakdown
Hourly Salary:
$25.64
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Bonnyville. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $50,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Bonnyville is $1,579.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Bonnyville is $611.
Groceries

Groceries

The average person spends $472 on groceries per month in Bonnyville.
Utilities

Utilities

The average monthly cost of utilities in Bonnyville is $214.
Leisure & Entertainment

Leisure & Entertainment

The average person in Bonnyville spends $158 on leisure & entertainment per month.
Clothing

Clothing

The average person in Bonnyville spends $33 on clothing per month.
Restaurants

Restaurants

The average person in Bonnyville spends $283 on restaurants per month.
Other

Other

The average person in Bonnyville 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 Bonnyville 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
$3,500/month

Monthly net income of $50,000/year
$3,292/month

Jobs in Bonnyville

Most affordable cities in Alberta

Avg. Salary $72,800
Avg. Monthly Net pay $4,531
Avg. Cost of Living $3,652
Affordability Index
124.06%
Avg. Salary $66,800
Avg. Monthly Net pay $4,207
Avg. Cost of Living $3,398
Affordability Index
123.81%
Avg. Salary $68,800
Avg. Monthly Net pay $4,299
Avg. Cost of Living $3,553
Affordability Index
121%
Avg. Salary $65,100
Avg. Monthly Net pay $4,117
Avg. Cost of Living $3,439
Affordability Index
119.72%
Avg. Salary $64,400
Avg. Monthly Net pay $4,080
Avg. Cost of Living $3,428
Affordability Index
119.02%
Avg. Salary $56,800
Avg. Monthly Net pay $3,680
Avg. Cost of Living $3,104
Affordability Index
118.56%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,137
Affordability Index
114.6%
Avg. Salary $60,600
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,425
Affordability Index
113.3%
Avg. Salary $52,500
Avg. Monthly Net pay $3,436
Avg. Cost of Living $3,075
Affordability Index
111.75%
Avg. Salary $64,600
Avg. Monthly Net pay $4,091
Avg. Cost of Living $3,671
Affordability Index
111.43%
Avg. Salary $59,750
Avg. Monthly Net pay $3,836
Avg. Cost of Living $3,485
Affordability Index
110.06%
Avg. Salary $60,950
Avg. Monthly Net pay $3,899
Avg. Cost of Living $3,582
Affordability Index
108.85%
Avg. Salary $59,900
Avg. Monthly Net pay $3,844
Avg. Cost of Living $3,572
Affordability Index
107.6%
Avg. Salary $61,150
Avg. Monthly Net pay $3,910
Avg. Cost of Living $3,647
Affordability Index
107.2%
Avg. Salary $60,500
Avg. Monthly Net pay $3,875
Avg. Cost of Living $3,617
Affordability Index
107.14%
Avg. Salary $60,250
Avg. Monthly Net pay $3,862
Avg. Cost of Living $3,617
Affordability Index
106.78%
Avg. Salary $66,400
Avg. Monthly Net pay $4,186
Avg. Cost of Living $3,976
Affordability Index
105.28%
Avg. Salary $60,850
Avg. Monthly Net pay $3,894
Avg. Cost of Living $3,716
Affordability Index
104.78%
Avg. Salary $59,650
Avg. Monthly Net pay $3,830
Avg. Cost of Living $3,681
Affordability Index
104.06%
Avg. Salary $54,950
Avg. Monthly Net pay $3,578
Avg. Cost of Living $3,506
Affordability Index
102.04%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,561
Affordability Index
100.95%
Avg. Salary $53,900
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,504
Affordability Index
100.37%
Avg. Salary $52,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $3,490
Affordability Index
98.79%
Avg. Salary $54,600
Avg. Monthly Net pay $3,557
Avg. Cost of Living $3,623
Affordability Index
98.19%
Avg. Salary $53,650
Avg. Monthly Net pay $3,503
Avg. Cost of Living $3,572
Affordability Index
98.06%
Avg. Salary $52,250
Avg. Monthly Net pay $3,422
Avg. Cost of Living $3,523
Affordability Index
97.13%
Avg. Salary $51,750
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,618
Affordability Index
93.78%
Avg. Salary $52,050
Avg. Monthly Net pay $3,410
Avg. Cost of Living $3,674
Affordability Index
92.83%
Avg. Salary $50,680
Avg. Monthly Net pay $3,331
Avg. Cost of Living $3,617
Affordability Index
92.11%
Avg. Salary $50,640
Avg. Monthly Net pay $3,329
Avg. Cost of Living $3,625
Affordability Index
91.84%
Avg. Salary $49,960
Avg. Monthly Net pay $3,290
Avg. Cost of Living $3,623
Affordability Index
90.81%
Avg. Salary $50,440
Avg. Monthly Net pay $3,318
Avg. Cost of Living $3,680
Affordability Index
90.15%
Avg. Salary $49,080
Avg. Monthly Net pay $3,239
Avg. Cost of Living $3,617
Affordability Index
89.56%
Avg. Salary $48,920
Avg. Monthly Net pay $3,230
Avg. Cost of Living $3,617
Affordability Index
89.3%
Avg. Salary $51,000
Avg. Monthly Net pay $3,350
Avg. Cost of Living $3,813
Affordability Index
87.85%
Avg. Salary $45,960
Avg. Monthly Net pay $3,059
Avg. Cost of Living $3,680
Affordability Index
83.13%
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.
Rank City Avg. Salary Avg. Monthly Net pay Avg. Cost of Living Affordability Index
01
1
Canmore, Alberta $72,800 $4,531 $3,652
12405
124.06%
02
2
Cochrane, Alberta $66,800 $4,207 $3,398
12381
123.81%
03
3
St. Albert, Alberta $68,800 $4,299 $3,553
12099
121%
04
4
Cold Lake, Alberta $65,100 $4,117 $3,439
11972
119.72%
05
5
Okotoks, Alberta $64,400 $4,080 $3,428
11902
119.02%
06
6
Edmonton, Alberta $56,800 $3,680 $3,104
11855
118.56%
07
7
Red Deer, Alberta $55,250 $3,595 $3,137
11459
114.6%
08
8
Hinton, Alberta $60,600 $3,881 $3,425
11329
113.3%
09
9
Lethbridge, Alberta $52,500 $3,436 $3,075
11175
111.75%
10
10
Calgary, Alberta $64,600 $4,091 $3,671
11143
111.43%
11
11
Slave Lake, Alberta $59,750 $3,836 $3,485
11006
110.06%
12
12
Spruce Grove, Alberta $60,950 $3,899 $3,582
10884
108.85%
13
13
High Level, Alberta $59,900 $3,844 $3,572
10760
107.6%
14
14
Airdrie, Alberta $61,150 $3,910 $3,647
10719
107.2%
15
15
Athabasca, Alberta $60,500 $3,875 $3,617
10713
107.14%
16
16
Whitecourt, Alberta $60,250 $3,862 $3,617
10677
106.78%
17
17
Fort Saskatchewan, Alberta $66,400 $4,186 $3,976
10528
105.28%
18
18
Peace River, Alberta $60,850 $3,894 $3,716
10478
104.78%
19
19
Grande Prairie, Alberta $59,650 $3,830 $3,681
10405
104.06%
20
20
Strathmore, Alberta $54,950 $3,578 $3,506
10204
102.04%
21
21
Beaverlodge, Alberta $55,250 $3,595 $3,561
10095
100.95%
22
22
Bonnyville, Alberta $53,900 $3,517 $3,504
10037
100.37%
23
23
Lacombe, Alberta $52,700 $3,448 $3,490
09879
98.79%
24
24
Drayton Valley, Alberta $54,600 $3,557 $3,623
09818
98.19%
25
25
Saint Paul, Alberta $53,650 $3,503 $3,572
09805
98.06%
26
26
Medicine Hat, Alberta $52,250 $3,422 $3,523
09713
97.13%
27
27
Camrose, Alberta $51,750 $3,393 $3,618
09378
93.78%
28
28
Drumheller, Alberta $52,050 $3,410 $3,674
09282
92.83%
29
29
Brooks, Alberta $50,680 $3,331 $3,617
09210
92.11%
30
30
Pincher Creek, Alberta $50,640 $3,329 $3,625
09183
91.84%
31
31
Stettler, Alberta $49,960 $3,290 $3,623
09080
90.81%
32
32
Sundre, Alberta $50,440 $3,318 $3,680
09015
90.15%
33
33
Barrhead, Alberta $49,080 $3,239 $3,617
08955
89.56%
34
34
Vegreville, Alberta $48,920 $3,230 $3,617
08930
89.3%
35
35
Banff, Alberta $51,000 $3,350 $3,813
08785
87.85%
36
36
Three Hills, Alberta $45,960 $3,059 $3,680
08313
83.13%
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.