Is $47,840 a good salary in Camrose, Alberta?

Is $47,840 a good salary in Camrose, Alberta?

$47,840 is $3,910 less than the average yearly salary of $51,750 in Camrose. A salary of $47,840 per year means that you would be taking home about $38,074 per year after taxes, or $3,173 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Camrose is $92,300.

Camrose, Alberta
Updated: June 1, 2025

Average Cost of Living per Month in Camrose

The average cost of living in Camrose is $3,716/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
$3,716/month
Monthly net income of $47,840/year
$3,173/month
Average total income in 2020
$51,750
Average total household income in 2020
$92,300

Average Salary in Camrose

The average salary in Camrose is $51,750, which is 5% lower than the Canadian average salary of $54,450. A person making $47,840 a year in Camrose makes 7.6% less than the average working person in Camrose and will take home about $38,074.
Net Annual Pay:
$38,074
Income tax breakdown
Hourly Salary:
$24.53
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Camrose. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $47,840.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Camrose is $1,688.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Camrose is $606.
Groceries

Groceries

The average person spends $515 on groceries per month in Camrose.
Utilities

Utilities

The average monthly cost of utilities in Camrose is $216.
Leisure & Entertainment

Leisure & Entertainment

The average person in Camrose spends $157 on leisure & entertainment per month.
Clothing

Clothing

The average person in Camrose spends $41 on clothing per month.
Restaurants

Restaurants

The average person in Camrose spends $343 on restaurants per month.
Other

Other

The average person in Camrose 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 Camrose 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
$3,716/month
Monthly net income of $47,840/year
$3,173/month

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Most affordable cities in Alberta

1. Canmore, Alberta
Avg. Salary $72,800
Avg. Monthly Net pay $4,519
Avg. Cost of Living $3,805
Affordability Index
118.76%
2. Cochrane, Alberta
Avg. Salary $66,800
Avg. Monthly Net pay $4,222
Avg. Cost of Living $3,599
Affordability Index
117.31%
3. Medicine Hat, Alberta
Avg. Salary $52,250
Avg. Monthly Net pay $3,427
Avg. Cost of Living $2,934
Affordability Index
116.79%
4. St. Albert, Alberta
Avg. Salary $68,800
Avg. Monthly Net pay $4,297
Avg. Cost of Living $3,697
Affordability Index
116.23%
5. Cold Lake, Alberta
Avg. Salary $65,100
Avg. Monthly Net pay $4,131
Avg. Cost of Living $3,616
Affordability Index
114.24%
6. Okotoks, Alberta
Avg. Salary $64,400
Avg. Monthly Net pay $4,094
Avg. Cost of Living $3,597
Affordability Index
113.81%
7. Lethbridge, Alberta
Avg. Salary $52,500
Avg. Monthly Net pay $3,441
Avg. Cost of Living $3,067
Affordability Index
112.2%
8. Calgary, Alberta
Avg. Salary $64,600
Avg. Monthly Net pay $4,104
Avg. Cost of Living $3,666
Affordability Index
111.96%
9. Edmonton, Alberta
Avg. Salary $56,800
Avg. Monthly Net pay $3,688
Avg. Cost of Living $3,295
Affordability Index
111.94%
10. Red Deer, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,266
Affordability Index
110.2%
11. Grande Prairie, Alberta
Avg. Salary $59,650
Avg. Monthly Net pay $3,842
Avg. Cost of Living $3,525
Affordability Index
109%
12. Spruce Grove, Alberta
Avg. Salary $60,950
Avg. Monthly Net pay $3,911
Avg. Cost of Living $3,611
Affordability Index
108.31%
13. Hinton, Alberta
Avg. Salary $60,600
Avg. Monthly Net pay $3,892
Avg. Cost of Living $3,603
Affordability Index
108.03%
14. Whitecourt, Alberta
Avg. Salary $60,250
Avg. Monthly Net pay $3,874
Avg. Cost of Living $3,690
Affordability Index
104.98%
15. Athabasca, Alberta
Avg. Salary $60,500
Avg. Monthly Net pay $3,887
Avg. Cost of Living $3,705
Affordability Index
104.92%
16. Slave Lake, Alberta
Avg. Salary $59,750
Avg. Monthly Net pay $3,847
Avg. Cost of Living $3,674
Affordability Index
104.72%
17. High Level, Alberta
Avg. Salary $59,900
Avg. Monthly Net pay $3,855
Avg. Cost of Living $3,684
Affordability Index
104.65%
18. Airdrie, Alberta
Avg. Salary $61,150
Avg. Monthly Net pay $3,922
Avg. Cost of Living $3,811
Affordability Index
102.9%
19. Fort Saskatchewan, Alberta
Avg. Salary $66,400
Avg. Monthly Net pay $4,200
Avg. Cost of Living $4,085
Affordability Index
102.82%
20. Peace River, Alberta
Avg. Salary $60,850
Avg. Monthly Net pay $3,906
Avg. Cost of Living $3,833
Affordability Index
101.9%
21. Banff, Alberta
Avg. Salary $51,000
Avg. Monthly Net pay $3,355
Avg. Cost of Living $3,365
Affordability Index
99.69%
22. Strathmore, Alberta
Avg. Salary $54,950
Avg. Monthly Net pay $3,582
Avg. Cost of Living $3,602
Affordability Index
99.45%
23. Beaverlodge, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,599
Avg. Cost of Living $3,672
Affordability Index
98.02%
24. Lacombe, Alberta
Avg. Salary $52,700
Avg. Monthly Net pay $3,453
Avg. Cost of Living $3,604
Affordability Index
95.8%
25. Drayton Valley, Alberta
Avg. Salary $54,600
Avg. Monthly Net pay $3,562
Avg. Cost of Living $3,738
Affordability Index
95.29%
26. Saint Paul, Alberta
Avg. Salary $53,650
Avg. Monthly Net pay $3,507
Avg. Cost of Living $3,684
Affordability Index
95.2%
27. Bonnyville, Alberta
Avg. Salary $53,900
Avg. Monthly Net pay $3,522
Avg. Cost of Living $3,702
Affordability Index
95.13%
28. Drumheller, Alberta
Avg. Salary $52,050
Avg. Monthly Net pay $3,415
Avg. Cost of Living $3,603
Affordability Index
94.79%
29. Camrose, Alberta
Avg. Salary $51,750
Avg. Monthly Net pay $3,398
Avg. Cost of Living $3,716
Affordability Index
91.44%
30. Brooks, Alberta
Avg. Salary $50,680
Avg. Monthly Net pay $3,336
Avg. Cost of Living $3,738
Affordability Index
89.25%
31. Pincher Creek, Alberta
Avg. Salary $50,640
Avg. Monthly Net pay $3,334
Avg. Cost of Living $3,739
Affordability Index
89.17%
32. Vegreville, Alberta
Avg. Salary $48,920
Avg. Monthly Net pay $3,235
Avg. Cost of Living $3,636
Affordability Index
88.97%
33. Sundre, Alberta
Avg. Salary $50,440
Avg. Monthly Net pay $3,322
Avg. Cost of Living $3,751
Affordability Index
88.58%
34. Stettler, Alberta
Avg. Salary $49,960
Avg. Monthly Net pay $3,295
Avg. Cost of Living $3,738
Affordability Index
88.14%
35. Barrhead, Alberta
Avg. Salary $49,080
Avg. Monthly Net pay $3,244
Avg. Cost of Living $3,705
Affordability Index
87.56%
36. Three Hills, Alberta
Avg. Salary $45,960
Avg. Monthly Net pay $3,065
Avg. Cost of Living $3,751
Affordability Index
81.7%
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 $4,519 $3,805
11875
118.76%
02
2
 Cochrane, Alberta $66,800 $4,222 $3,599
11730
117.31%
03
3
 Medicine Hat, Alberta $52,250 $3,427 $2,934
11679
116.79%
04
4
 St. Albert, Alberta $68,800 $4,297 $3,697
11622
116.23%
05
5
 Cold Lake, Alberta $65,100 $4,131 $3,616
11423
114.24%
06
6
 Okotoks, Alberta $64,400 $4,094 $3,597
11380
113.81%
07
7
 Lethbridge, Alberta $52,500 $3,441 $3,067
11219
112.2%
08
8
 Calgary, Alberta $64,600 $4,104 $3,666
11195
111.96%
09
9
 Edmonton, Alberta $56,800 $3,688 $3,295
11194
111.94%
10
10
 Red Deer, Alberta $55,250 $3,599 $3,266
11020
110.2%
11
11
 Grande Prairie, Alberta $59,650 $3,842 $3,525
10899
109%
12
12
 Spruce Grove, Alberta $60,950 $3,911 $3,611
10830
108.31%
13
13
 Hinton, Alberta $60,600 $3,892 $3,603
10803
108.03%
14
14
 Whitecourt, Alberta $60,250 $3,874 $3,690
10498
104.98%
15
15
 Athabasca, Alberta $60,500 $3,887 $3,705
10491
104.92%
16
16
 Slave Lake, Alberta $59,750 $3,847 $3,674
10471
104.72%
17
17
 High Level, Alberta $59,900 $3,855 $3,684
10465
104.65%
18
18
 Airdrie, Alberta $61,150 $3,922 $3,811
10290
102.9%
19
19
 Fort Saskatchewan, Alberta $66,400 $4,200 $4,085
10282
102.82%
20
20
 Peace River, Alberta $60,850 $3,906 $3,833
10189
101.9%
21
21
 Banff, Alberta $51,000 $3,355 $3,365
09969
99.69%
22
22
 Strathmore, Alberta $54,950 $3,582 $3,602
09944
99.45%
23
23
 Beaverlodge, Alberta $55,250 $3,599 $3,672
09801
98.02%
24
24
 Lacombe, Alberta $52,700 $3,453 $3,604
09579
95.8%
25
25
 Drayton Valley, Alberta $54,600 $3,562 $3,738
09528
95.29%
26
26
 Saint Paul, Alberta $53,650 $3,507 $3,684
09520
95.2%
27
27
 Bonnyville, Alberta $53,900 $3,522 $3,702
09512
95.13%
28
28
 Drumheller, Alberta $52,050 $3,415 $3,603
09478
94.79%
29
29
 Camrose, Alberta $51,750 $3,398 $3,716
09143
91.44%
30
30
 Brooks, Alberta $50,680 $3,336 $3,738
08925
89.25%
31
31
 Pincher Creek, Alberta $50,640 $3,334 $3,739
08916
89.17%
32
32
 Vegreville, Alberta $48,920 $3,235 $3,636
08897
88.97%
33
33
 Sundre, Alberta $50,440 $3,322 $3,751
08857
88.58%
34
34
 Stettler, Alberta $49,960 $3,295 $3,738
08814
88.14%
35
35
 Barrhead, Alberta $49,080 $3,244 $3,705
08756
87.56%
36
36
 Three Hills, Alberta $45,960 $3,065 $3,751
08170
81.7%
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.

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