Is $55,000 a good salary in Fort Saskatchewan, Alberta?

Is $55,000 a good salary in Fort Saskatchewan, Alberta?

$55,000 is $11,400 less than the average yearly salary of $66,400 in Fort Saskatchewan. A salary of $55,000 per year means that you would be taking home about $42,966 per year after taxes, or $3,580 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Fort Saskatchewan is $128,000.

Fort Saskatchewan, Alberta
Updated: February 1, 2024

Average Cost of Living per Month in Fort Saskatchewan

The average cost of living in Fort Saskatchewan is $3,976/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
$3,976/month

Monthly net income of $55,000/year
$3,580/month
Average total income in 2020
$66,400

Average total household income in 2020
$128,000

Average Salary in Fort Saskatchewan

The average salary in Fort Saskatchewan is $66,400, which is 21.9% higher than the Canadian average salary of $54,450. A person making $55,000 a year in Fort Saskatchewan makes 17.2% less than the average working person in Fort Saskatchewan and will take home about $42,966.
Net Annual Pay:
$42,966
Income tax breakdown
Hourly Salary:
$28.21
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Fort Saskatchewan. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $55,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Fort Saskatchewan is $866.
Groceries

Groceries

The average person spends $541 on groceries per month in Fort Saskatchewan.
Utilities

Utilities

The average monthly cost of utilities in Fort Saskatchewan is $171.
Leisure & Entertainment

Leisure & Entertainment

The average person in Fort Saskatchewan spends $178 on leisure & entertainment per month.
Clothing

Clothing

The average person in Fort Saskatchewan spends $59 on clothing per month.
Restaurants

Restaurants

The average person in Fort Saskatchewan spends $432 on restaurants per month.
Other

Other

The average person in Fort Saskatchewan 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 Fort Saskatchewan 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
$3,976/month

Monthly net income of $55,000/year
$3,580/month

Jobs in Fort Saskatchewan

Most affordable cities in Alberta

Avg. Salary $66,800
Avg. Monthly Net pay $4,207
Avg. Cost of Living $3,434
Affordability Index
122.52%
Avg. Salary $72,800
Avg. Monthly Net pay $4,531
Avg. Cost of Living $3,720
Affordability Index
121.79%
Avg. Salary $68,800
Avg. Monthly Net pay $4,299
Avg. Cost of Living $3,539
Affordability Index
121.47%
Avg. Salary $65,100
Avg. Monthly Net pay $4,117
Avg. Cost of Living $3,394
Affordability Index
121.31%
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 $3,528
Affordability Index
115.65%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,136
Affordability Index
114.63%
Avg. Salary $64,600
Avg. Monthly Net pay $4,091
Avg. Cost of Living $3,637
Affordability Index
112.48%
Avg. Salary $60,600
Avg. Monthly Net pay $3,881
Avg. Cost of Living $3,467
Affordability Index
111.93%
Avg. Salary $52,500
Avg. Monthly Net pay $3,436
Avg. Cost of Living $3,072
Affordability Index
111.86%
Avg. Salary $61,150
Avg. Monthly Net pay $3,910
Avg. Cost of Living $3,518
Affordability Index
111.13%
Avg. Salary $60,950
Avg. Monthly Net pay $3,899
Avg. Cost of Living $3,512
Affordability Index
111.02%
Avg. Salary $60,250
Avg. Monthly Net pay $3,862
Avg. Cost of Living $3,537
Affordability Index
109.19%
Avg. Salary $60,500
Avg. Monthly Net pay $3,875
Avg. Cost of Living $3,567
Affordability Index
108.64%
Avg. Salary $59,900
Avg. Monthly Net pay $3,844
Avg. Cost of Living $3,567
Affordability Index
107.75%
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 $3,711
Affordability Index
104.92%
Avg. Salary $59,650
Avg. Monthly Net pay $3,830
Avg. Cost of Living $3,679
Affordability Index
104.12%
Avg. Salary $59,750
Avg. Monthly Net pay $3,836
Avg. Cost of Living $3,690
Affordability Index
103.95%
Avg. Salary $55,250
Avg. Monthly Net pay $3,595
Avg. Cost of Living $3,556
Affordability Index
101.09%
Avg. Salary $53,900
Avg. Monthly Net pay $3,517
Avg. Cost of Living $3,488
Affordability Index
100.83%
Avg. Salary $54,950
Avg. Monthly Net pay $3,578
Avg. Cost of Living $3,567
Affordability Index
100.3%
Avg. Salary $54,600
Avg. Monthly Net pay $3,557
Avg. Cost of Living $3,567
Affordability Index
99.73%
Avg. Salary $53,650
Avg. Monthly Net pay $3,503
Avg. Cost of Living $3,567
Affordability Index
98.2%
Avg. Salary $52,250
Avg. Monthly Net pay $3,422
Avg. Cost of Living $3,522
Affordability Index
97.16%
Avg. Salary $52,700
Avg. Monthly Net pay $3,448
Avg. Cost of Living $3,567
Affordability Index
96.66%
Avg. Salary $51,750
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,588
Affordability Index
94.57%
Avg. Salary $50,680
Avg. Monthly Net pay $3,331
Avg. Cost of Living $3,567
Affordability Index
93.4%
Avg. Salary $52,050
Avg. Monthly Net pay $3,410
Avg. Cost of Living $3,675
Affordability Index
92.8%
Avg. Salary $49,960
Avg. Monthly Net pay $3,290
Avg. Cost of Living $3,567
Affordability Index
92.23%
Avg. Salary $50,640
Avg. Monthly Net pay $3,329
Avg. Cost of Living $3,621
Affordability Index
91.94%
Avg. Salary $49,080
Avg. Monthly Net pay $3,239
Avg. Cost of Living $3,567
Affordability Index
90.81%
Avg. Salary $48,920
Avg. Monthly Net pay $3,230
Avg. Cost of Living $3,567
Affordability Index
90.55%
Avg. Salary $50,440
Avg. Monthly Net pay $3,318
Avg. Cost of Living $3,683
Affordability Index
90.08%
Avg. Salary $51,000
Avg. Monthly Net pay $3,350
Avg. Cost of Living $3,791
Affordability Index
88.36%
Avg. Salary $45,960
Avg. Monthly Net pay $3,059
Avg. Cost of Living $3,683
Affordability Index
83.07%
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
Cochrane, Alberta $66,800 $4,207 $3,434
12251
122.52%
02
2
Canmore, Alberta $72,800 $4,531 $3,720
12179
121.79%
03
3
St. Albert, Alberta $68,800 $4,299 $3,539
12147
121.47%
04
4
Cold Lake, Alberta $65,100 $4,117 $3,394
12130
121.31%
05
5
Edmonton, Alberta $56,800 $3,680 $3,091
11905
119.05%
06
6
Okotoks, Alberta $64,400 $4,080 $3,528
11564
115.65%
07
7
Red Deer, Alberta $55,250 $3,595 $3,136
11463
114.63%
08
8
Calgary, Alberta $64,600 $4,091 $3,637
11247
112.48%
09
9
Hinton, Alberta $60,600 $3,881 $3,467
11192
111.93%
10
10
Lethbridge, Alberta $52,500 $3,436 $3,072
11186
111.86%
11
11
Airdrie, Alberta $61,150 $3,910 $3,518
11112
111.13%
12
12
Spruce Grove, Alberta $60,950 $3,899 $3,512
11101
111.02%
13
13
Whitecourt, Alberta $60,250 $3,862 $3,537
10919
109.19%
14
14
Athabasca, Alberta $60,500 $3,875 $3,567
10864
108.64%
15
15
High Level, Alberta $59,900 $3,844 $3,567
10775
107.75%
16
16
Fort Saskatchewan, Alberta $66,400 $4,186 $3,976
10528
105.28%
17
17
Peace River, Alberta $60,850 $3,894 $3,711
10492
104.92%
18
18
Grande Prairie, Alberta $59,650 $3,830 $3,679
10411
104.12%
19
19
Slave Lake, Alberta $59,750 $3,836 $3,690
10394
103.95%
20
20
Beaverlodge, Alberta $55,250 $3,595 $3,556
10109
101.09%
21
21
Bonnyville, Alberta $53,900 $3,517 $3,488
10083
100.83%
22
22
Strathmore, Alberta $54,950 $3,578 $3,567
10029
100.3%
23
23
Drayton Valley, Alberta $54,600 $3,557 $3,567
09973
99.73%
24
24
Saint Paul, Alberta $53,650 $3,503 $3,567
09819
98.2%
25
25
Medicine Hat, Alberta $52,250 $3,422 $3,522
09715
97.16%
26
26
Lacombe, Alberta $52,700 $3,448 $3,567
09666
96.66%
27
27
Camrose, Alberta $51,750 $3,393 $3,588
09456
94.57%
28
28
Brooks, Alberta $50,680 $3,331 $3,567
09339
93.4%
29
29
Drumheller, Alberta $52,050 $3,410 $3,675
09280
92.8%
30
30
Stettler, Alberta $49,960 $3,290 $3,567
09223
92.23%
31
31
Pincher Creek, Alberta $50,640 $3,329 $3,621
09194
91.94%
32
32
Barrhead, Alberta $49,080 $3,239 $3,567
09081
90.81%
33
33
Vegreville, Alberta $48,920 $3,230 $3,567
09055
90.55%
34
34
Sundre, Alberta $50,440 $3,318 $3,683
09007
90.08%
35
35
Banff, Alberta $51,000 $3,350 $3,791
08836
88.36%
36
36
Three Hills, Alberta $45,960 $3,059 $3,683
08306
83.07%
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.