Is $72,000 a good salary in Edmonton, Alberta?

Is $72,000 a good salary in Edmonton, Alberta?

$72,000 is $15,200 more than the average yearly salary of $56,800 in Edmonton. A salary of $72,000 per year means that you would be taking home about $53,812 per year after taxes, or $4,484 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Edmonton is $110,600.

Edmonton, Alberta
Updated: February 1, 2024

Average Cost of Living per Month in Edmonton

The average cost of living in Edmonton is $3,091/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
$3,091/month

Monthly net income of $72,000/year
$4,484/month
Average total income in 2020
$56,800

Average total household income in 2020
$110,600

Average Salary in Edmonton

The average salary in Edmonton is $56,800, which is 4.3% higher than the Canadian average salary of $54,450. A person making $72,000 a year in Edmonton makes 26.8% more than the average working person in Edmonton and will take home about $53,812.
Net Annual Pay:
$53,812
Income tax breakdown
Hourly Salary:
$36.92
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Edmonton. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $72,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Edmonton is $1,176.
Transit
Driver
Transportation

Transportation

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

Groceries

The average person spends $467 on groceries per month in Edmonton.
Utilities

Utilities

The average monthly cost of utilities in Edmonton is $209.
Leisure & Entertainment

Leisure & Entertainment

The average person in Edmonton spends $168 on leisure & entertainment per month.
Clothing

Clothing

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

Restaurants

The average person in Edmonton spends $282 on restaurants per month.
Other

Other

The average person in Edmonton 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 Edmonton 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
$3,091/month

Monthly net income of $72,000/year
$4,484/month

Jobs in Edmonton

Most affordable cities in Alberta

Avg. Salary $68,800
Avg. Monthly Net pay $4,299
Avg. Cost of Living $3,511
Affordability Index
122.44%
Avg. Salary $66,800
Avg. Monthly Net pay $4,207
Avg. Cost of Living $3,449
Affordability Index
121.98%
Avg. Salary $72,800
Avg. Monthly Net pay $4,531
Avg. Cost of Living $3,724
Affordability Index
121.66%
Avg. Salary $65,100
Avg. Monthly Net pay $4,117
Avg. Cost of Living $3,392
Affordability Index
121.38%
Avg. Salary $56,800
Avg. Monthly Net pay $3,680
Avg. Cost of Living $3,091
Affordability Index
119.05%
Avg. Salary $64,400
Avg. Monthly Net pay $4,080
Avg. Cost of Living $3,452
Affordability Index
118.2%
Avg. Salary $66,400
Avg. Monthly Net pay $4,186
Avg. Cost of Living $3,617
Affordability Index
115.73%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,134
Affordability Index
114.71%
Avg. Salary $64,600
Avg. Monthly Net pay $4,091
Avg. Cost of Living $3,627
Affordability Index
112.79%
Avg. Salary $52,500
Avg. Monthly Net pay $3,436
Avg. Cost of Living $3,049
Affordability Index
112.7%
Avg. Salary $60,600
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,480
Affordability Index
111.51%
Avg. Salary $60,950
Avg. Monthly Net pay $3,899
Avg. Cost of Living $3,524
Affordability Index
110.64%
Avg. Salary $61,150
Avg. Monthly Net pay $3,910
Avg. Cost of Living $3,556
Affordability Index
109.94%
Avg. Salary $60,250
Avg. Monthly Net pay $3,862
Avg. Cost of Living $3,548
Affordability Index
108.85%
Avg. Salary $60,500
Avg. Monthly Net pay $3,875
Avg. Cost of Living $3,579
Affordability Index
108.28%
Avg. Salary $59,900
Avg. Monthly Net pay $3,844
Avg. Cost of Living $3,579
Affordability Index
107.39%
Avg. Salary $60,850
Avg. Monthly Net pay $3,894
Avg. Cost of Living $3,722
Affordability Index
104.61%
Avg. Salary $59,750
Avg. Monthly Net pay $3,836
Avg. Cost of Living $3,703
Affordability Index
103.58%
Avg. Salary $59,650
Avg. Monthly Net pay $3,830
Avg. Cost of Living $3,719
Affordability Index
103%
Avg. Salary $53,900
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,485
Affordability Index
100.92%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,568
Affordability Index
100.75%
Avg. Salary $54,950
Avg. Monthly Net pay $3,578
Avg. Cost of Living $3,579
Affordability Index
99.96%
Avg. Salary $52,250
Avg. Monthly Net pay $3,422
Avg. Cost of Living $3,436
Affordability Index
99.59%
Avg. Salary $54,600
Avg. Monthly Net pay $3,557
Avg. Cost of Living $3,579
Affordability Index
99.4%
Avg. Salary $53,650
Avg. Monthly Net pay $3,503
Avg. Cost of Living $3,579
Affordability Index
97.87%
Avg. Salary $52,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $3,579
Affordability Index
96.34%
Avg. Salary $51,750
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,589
Affordability Index
94.54%
Avg. Salary $50,680
Avg. Monthly Net pay $3,331
Avg. Cost of Living $3,579
Affordability Index
93.08%
Avg. Salary $49,960
Avg. Monthly Net pay $3,290
Avg. Cost of Living $3,579
Affordability Index
91.92%
Avg. Salary $50,640
Avg. Monthly Net pay $3,329
Avg. Cost of Living $3,631
Affordability Index
91.69%
Avg. Salary $52,050
Avg. Monthly Net pay $3,410
Avg. Cost of Living $3,754
Affordability Index
90.85%
Avg. Salary $49,080
Avg. Monthly Net pay $3,239
Avg. Cost of Living $3,579
Affordability Index
90.51%
Avg. Salary $48,920
Avg. Monthly Net pay $3,230
Avg. Cost of Living $3,579
Affordability Index
90.25%
Avg. Salary $50,440
Avg. Monthly Net pay $3,318
Avg. Cost of Living $3,762
Affordability Index
88.19%
Avg. Salary $51,000
Avg. Monthly Net pay $3,350
Avg. Cost of Living $3,805
Affordability Index
88.04%
Avg. Salary $45,960
Avg. Monthly Net pay $3,059
Avg. Cost of Living $3,762
Affordability Index
81.32%
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
St. Albert, Alberta $68,800 $4,299 $3,511
12244
122.44%
02
2
Cochrane, Alberta $66,800 $4,207 $3,449
12198
121.98%
03
3
Canmore, Alberta $72,800 $4,531 $3,724
12166
121.66%
04
4
Cold Lake, Alberta $65,100 $4,117 $3,392
12137
121.38%
05
5
Edmonton, Alberta $56,800 $3,680 $3,091
11905
119.05%
06
6
Okotoks, Alberta $64,400 $4,080 $3,452
11819
118.2%
07
7
Fort Saskatchewan, Alberta $66,400 $4,186 $3,617
11573
115.73%
08
8
Red Deer, Alberta $55,250 $3,595 $3,134
11470
114.71%
09
9
Calgary, Alberta $64,600 $4,091 $3,627
11278
112.79%
10
10
Lethbridge, Alberta $52,500 $3,436 $3,049
11270
112.7%
11
11
Hinton, Alberta $60,600 $3,881 $3,480
11150
111.51%
12
12
Spruce Grove, Alberta $60,950 $3,899 $3,524
11064
110.64%
13
13
Airdrie, Alberta $61,150 $3,910 $3,556
10994
109.94%
14
14
Whitecourt, Alberta $60,250 $3,862 $3,548
10885
108.85%
15
15
Athabasca, Alberta $60,500 $3,875 $3,579
10827
108.28%
16
16
High Level, Alberta $59,900 $3,844 $3,579
10739
107.39%
17
17
Peace River, Alberta $60,850 $3,894 $3,722
10461
104.61%
18
18
Slave Lake, Alberta $59,750 $3,836 $3,703
10358
103.58%
19
19
Grande Prairie, Alberta $59,650 $3,830 $3,719
10299
103%
20
20
Bonnyville, Alberta $53,900 $3,517 $3,485
10092
100.92%
21
21
Beaverlodge, Alberta $55,250 $3,595 $3,568
10075
100.75%
22
22
Strathmore, Alberta $54,950 $3,578 $3,579
09996
99.96%
23
23
Medicine Hat, Alberta $52,250 $3,422 $3,436
09959
99.59%
24
24
Drayton Valley, Alberta $54,600 $3,557 $3,579
09939
99.4%
25
25
Saint Paul, Alberta $53,650 $3,503 $3,579
09786
97.87%
26
26
Lacombe, Alberta $52,700 $3,448 $3,579
09633
96.34%
27
27
Camrose, Alberta $51,750 $3,393 $3,589
09454
94.54%
28
28
Brooks, Alberta $50,680 $3,331 $3,579
09308
93.08%
29
29
Stettler, Alberta $49,960 $3,290 $3,579
09192
91.92%
30
30
Pincher Creek, Alberta $50,640 $3,329 $3,631
09168
91.69%
31
31
Drumheller, Alberta $52,050 $3,410 $3,754
09084
90.85%
32
32
Barrhead, Alberta $49,080 $3,239 $3,579
09050
90.51%
33
33
Vegreville, Alberta $48,920 $3,230 $3,579
09024
90.25%
34
34
Sundre, Alberta $50,440 $3,318 $3,762
08818
88.19%
35
35
Banff, Alberta $51,000 $3,350 $3,805
08803
88.04%
36
36
Three Hills, Alberta $45,960 $3,059 $3,762
08132
81.32%
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.