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Cost of Living

Small in size, big in opportunity

Known for its hospitality and friendliness, life in Saskatchewan is also something you can afford. In February 2022, the average house price was $284,100. As of early 2022, the unemployment rate was 5.4%, below the national average of 5.9%. Saskatchewan boasts a high quality of life and a low cost of living.

There are many ways Saskatchewan provides more balance, more quality of life and more possibilities:

  • There are no personal premiums or personal charges for basic health care services in Saskatchewan.
  • The provincial sales tax of six per cent is the lowest of any province that charges sales tax.
  • It costs less to go to and from work because the average commute time within major cities is 20 minutes.
  • Saskatchewan has one of the lowest corporate income tax rates in Canada (12%).
  • There is no tuition fee for pre-kindergarten to grade 12 education in public schools for Saskatchewan residents.
  • Housing costs are lower than in most major cities in Canada, which means owning a home is affordable and achievable.

Cost of Buying a House

Canadian Province Comparison

ProvinceAverage House Price
April 2023
Canada $  716,083
British Columbia$ 992,861
Alberta $  462,086
Saskatchewan $  323,600
Manitoba $  353,589
Ontario $  911,078
Quebec $  477,117
New Brunswick  $  279,000
Nova Scotia $  384,600
Prince Edward Island $  339,000
Newfoundland & Labrador $  276,600
Yukon $ 497,567
Northwest Territories $ 499,264
Source: Canadian Real Estate Association

Canadian City Comparison

Canadian CityAverage House Price
April 2023
Greater Vancouver, British Columbia $ 1,170,700
Kamloops, British Columbia$  676,600
Calgary, Alberta$  538,200
Medicine Hat, Alberta$  336,091
Saskatoon, Saskatchewan$  375,600
Prince Albert, Saskatchewan $  231,200
Regina, Saskatchewan$  311,200
Winnipeg, Manitoba$  344,600
Ottawa, Ontario $  635,600
Greater Toronto, Ontario$ 1,145,700
Montreal, Quebec$  519,200
Halifax, Nova Scotia$  507,900
Source: Canadian Real Estate Association