Is $125,000 a good salary in Drumheller, Alberta?

Is $125,000 a good salary in Drumheller, Alberta?

$125,000 is $72,950 more than the average yearly salary of $52,050 in Drumheller. A salary of $125,000 per year means that you would be taking home about $89,917 per year after taxes, or $7,493 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Drumheller is $90,800.

Drumheller, Alberta
Updated: September 1, 2024

Average Cost of Living per Month in Drumheller

The average cost of living in Drumheller is $3,705/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
$3,705/month
Monthly net income of $125,000/year
$7,493/month
Average total income in 2020
$52,050
Average total household income in 2020
$90,800

Average Salary in Drumheller

The average salary in Drumheller is $52,050, which is 4.4% lower than the Canadian average salary of $54,450. A person making $125,000 a year in Drumheller makes 140.2% more than the average working person in Drumheller and will take home about $89,917.
Net Annual Pay:
$89,917
Income tax breakdown
Hourly Salary:
$64.10
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Drumheller. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $125,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Drumheller is $612.
Groceries

Groceries

The average person spends $592 on groceries per month in Drumheller.
Utilities

Utilities

The average monthly cost of utilities in Drumheller is $244.
Leisure & Entertainment

Leisure & Entertainment

The average person in Drumheller spends $148 on leisure & entertainment per month.
Clothing

Clothing

The average person in Drumheller spends $40 on clothing per month.
Restaurants

Restaurants

The average person in Drumheller spends $340 on restaurants per month.
Other

Other

The average person in Drumheller 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 Drumheller 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
$3,705/month
Monthly net income of $125,000/year
$7,493/month

Jobs in Drumheller

Real Estate Sales Representative
Real Estate Sales Representative
Royal LePage Real Estate - 228 Jobs
Drumheller, AB
12 days ago
School Bus Driver
School Bus Driver
5110 - Southland Transportation LTD - 13 Jobs
Drumheller, AB
2 days ago
Instrumentation Journeyperson
Instrumentation Journeyperson
PTW Energy Services Ltd. - 31 Jobs
Drumheller, AB
14 days ago
See all jobs in Drumheller

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Most affordable cities in Alberta

1. Canmore, Alberta
Avg. Salary $72,800
Avg. Monthly Net pay $4,531
Avg. Cost of Living $3,661
Affordability Index
123.75%
2. Cochrane, Alberta
Avg. Salary $66,800
Avg. Monthly Net pay $4,207
Avg. Cost of Living $3,413
Affordability Index
123.27%
3. St. Albert, Alberta
Avg. Salary $68,800
Avg. Monthly Net pay $4,299
Avg. Cost of Living $3,556
Affordability Index
120.89%
4. Cold Lake, Alberta
Avg. Salary $65,100
Avg. Monthly Net pay $4,117
Avg. Cost of Living $3,426
Affordability Index
120.18%
5. Okotoks, Alberta
Avg. Salary $64,400
Avg. Monthly Net pay $4,080
Avg. Cost of Living $3,403
Affordability Index
119.9%
6. Medicine Hat, Alberta
Avg. Salary $52,250
Avg. Monthly Net pay $3,422
Avg. Cost of Living $2,900
Affordability Index
118%
7. Edmonton, Alberta
Avg. Salary $56,800
Avg. Monthly Net pay $3,680
Avg. Cost of Living $3,131
Affordability Index
117.53%
8. Red Deer, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,148
Affordability Index
114.2%
9. Hinton, Alberta
Avg. Salary $60,600
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,419
Affordability Index
113.5%
10. Athabasca, Alberta
Avg. Salary $60,500
Avg. Monthly Net pay $3,875
Avg. Cost of Living $3,503
Affordability Index
110.63%
11. Whitecourt, Alberta
Avg. Salary $60,250
Avg. Monthly Net pay $3,862
Avg. Cost of Living $3,493
Affordability Index
110.57%
12. Lethbridge, Alberta
Avg. Salary $52,500
Avg. Monthly Net pay $3,436
Avg. Cost of Living $3,111
Affordability Index
110.46%
13. Slave Lake, Alberta
Avg. Salary $59,750
Avg. Monthly Net pay $3,836
Avg. Cost of Living $3,483
Affordability Index
110.13%
14. Calgary, Alberta
Avg. Salary $64,600
Avg. Monthly Net pay $4,091
Avg. Cost of Living $3,754
Affordability Index
108.97%
15. Spruce Grove, Alberta
Avg. Salary $60,950
Avg. Monthly Net pay $3,899
Avg. Cost of Living $3,591
Affordability Index
108.58%
16. High Level, Alberta
Avg. Salary $59,900
Avg. Monthly Net pay $3,844
Avg. Cost of Living $3,570
Affordability Index
107.66%
17. Airdrie, Alberta
Avg. Salary $61,150
Avg. Monthly Net pay $3,910
Avg. Cost of Living $3,654
Affordability Index
106.99%
18. Fort Saskatchewan, Alberta
Avg. Salary $66,400
Avg. Monthly Net pay $4,186
Avg. Cost of Living $3,976
Affordability Index
105.28%
19. Peace River, Alberta
Avg. Salary $60,850
Avg. Monthly Net pay $3,894
Avg. Cost of Living $3,720
Affordability Index
104.67%
20. Strathmore, Alberta
Avg. Salary $54,950
Avg. Monthly Net pay $3,578
Avg. Cost of Living $3,502
Affordability Index
102.16%
21. Grande Prairie, Alberta
Avg. Salary $59,650
Avg. Monthly Net pay $3,830
Avg. Cost of Living $3,763
Affordability Index
101.79%
22. Beaverlodge, Alberta
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,558
Affordability Index
101.04%
23. Bonnyville, Alberta
Avg. Salary $53,900
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,503
Affordability Index
100.4%
24. Saint Paul, Alberta
Avg. Salary $53,650
Avg. Monthly Net pay $3,503
Avg. Cost of Living $3,570
Affordability Index
98.11%
25. Drayton Valley, Alberta
Avg. Salary $54,600
Avg. Monthly Net pay $3,557
Avg. Cost of Living $3,644
Affordability Index
97.62%
26. Lacombe, Alberta
Avg. Salary $52,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $3,570
Affordability Index
96.58%
27. Camrose, Alberta
Avg. Salary $51,750
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,629
Affordability Index
93.5%
28. Barrhead, Alberta
Avg. Salary $49,080
Avg. Monthly Net pay $3,239
Avg. Cost of Living $3,502
Affordability Index
92.5%
29. Vegreville, Alberta
Avg. Salary $48,920
Avg. Monthly Net pay $3,230
Avg. Cost of Living $3,503
Affordability Index
92.21%
30. Drumheller, Alberta
Avg. Salary $52,050
Avg. Monthly Net pay $3,410
Avg. Cost of Living $3,705
Affordability Index
92.05%
31. Pincher Creek, Alberta
Avg. Salary $50,640
Avg. Monthly Net pay $3,329
Avg. Cost of Living $3,627
Affordability Index
91.79%
32. Brooks, Alberta
Avg. Salary $50,680
Avg. Monthly Net pay $3,331
Avg. Cost of Living $3,644
Affordability Index
91.42%
33. Stettler, Alberta
Avg. Salary $49,960
Avg. Monthly Net pay $3,290
Avg. Cost of Living $3,644
Affordability Index
90.28%
34. Sundre, Alberta
Avg. Salary $50,440
Avg. Monthly Net pay $3,318
Avg. Cost of Living $3,710
Affordability Index
89.42%
35. Banff, Alberta
Avg. Salary $51,000
Avg. Monthly Net pay $3,350
Avg. Cost of Living $3,846
Affordability Index
87.1%
36. Three Hills, Alberta
Avg. Salary $45,960
Avg. Monthly Net pay $3,059
Avg. Cost of Living $3,710
Affordability Index
82.46%
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 $3,661
12375
123.75%
02
2
 Cochrane, Alberta $66,800 $4,207 $3,413
12327
123.27%
03
3
 St. Albert, Alberta $68,800 $4,299 $3,556
12089
120.89%
04
4
 Cold Lake, Alberta $65,100 $4,117 $3,426
12017
120.18%
05
5
 Okotoks, Alberta $64,400 $4,080 $3,403
11989
119.9%
06
6
 Medicine Hat, Alberta $52,250 $3,422 $2,900
11799
118%
07
7
 Edmonton, Alberta $56,800 $3,680 $3,131
11753
117.53%
08
8
 Red Deer, Alberta $55,250 $3,595 $3,148
11419
114.2%
09
9
 Hinton, Alberta $60,600 $3,881 $3,419
11349
113.5%
10
10
 Athabasca, Alberta $60,500 $3,875 $3,503
11062
110.63%
11
11
 Whitecourt, Alberta $60,250 $3,862 $3,493
11056
110.57%
12
12
 Lethbridge, Alberta $52,500 $3,436 $3,111
11045
110.46%
13
13
 Slave Lake, Alberta $59,750 $3,836 $3,483
11012
110.13%
14
14
 Calgary, Alberta $64,600 $4,091 $3,754
10896
108.97%
15
15
 Spruce Grove, Alberta $60,950 $3,899 $3,591
10857
108.58%
16
16
 High Level, Alberta $59,900 $3,844 $3,570
10766
107.66%
17
17
 Airdrie, Alberta $61,150 $3,910 $3,654
10699
106.99%
18
18
 Fort Saskatchewan, Alberta $66,400 $4,186 $3,976
10528
105.28%
19
19
 Peace River, Alberta $60,850 $3,894 $3,720
10466
104.67%
20
20
 Strathmore, Alberta $54,950 $3,578 $3,502
10215
102.16%
21
21
 Grande Prairie, Alberta $59,650 $3,830 $3,763
10179
101.79%
22
22
 Beaverlodge, Alberta $55,250 $3,595 $3,558
10103
101.04%
23
23
 Bonnyville, Alberta $53,900 $3,517 $3,503
10040
100.4%
24
24
 Saint Paul, Alberta $53,650 $3,503 $3,570
09811
98.11%
25
25
 Drayton Valley, Alberta $54,600 $3,557 $3,644
09762
97.62%
26
26
 Lacombe, Alberta $52,700 $3,448 $3,570
09657
96.58%
27
27
 Camrose, Alberta $51,750 $3,393 $3,629
09350
93.5%
28
28
 Barrhead, Alberta $49,080 $3,239 $3,502
09249
92.5%
29
29
 Vegreville, Alberta $48,920 $3,230 $3,503
09220
92.21%
30
30
 Drumheller, Alberta $52,050 $3,410 $3,705
09204
92.05%
31
31
 Pincher Creek, Alberta $50,640 $3,329 $3,627
09178
91.79%
32
32
 Brooks, Alberta $50,680 $3,331 $3,644
09142
91.42%
33
33
 Stettler, Alberta $49,960 $3,290 $3,644
09028
90.28%
34
34
 Sundre, Alberta $50,440 $3,318 $3,710
08942
89.42%
35
35
 Banff, Alberta $51,000 $3,350 $3,846
08710
87.1%
36
36
 Three Hills, Alberta $45,960 $3,059 $3,710
08246
82.46%
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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