Cost of living in Yellowknife

In Yellowknife, Canada, a single person typically needs around $2406 per month including rent. A family of four may spend about $4721 monthly.

How expensive is Yellowknife compared to other cities?

Compared to the European benchmark, Yellowknife is 68% more expensive overall.

How does Yellowknife compare to your city?

Yellowknife is 41% cheaper than New York City, without rent.

Rent in Yellowknife is, on average, 40% lower than in New York City.

What drives the cost of living in Yellowknife?

Who is Yellowknife a good fit for?

Yellowknife tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Yellowknife so expensive?

The high costs are primarily driven by rent and utilities, which significantly impact overall living expenses.

Is food expensive in Yellowknife?

Yes, food costs are 33% higher than the European benchmark, contributing to the overall expense of living.

Is public transport affordable in Yellowknife?

Public transport is relatively affordable, being 20% lower than the European benchmark.

Cost of living breakdown

Cost of Living, one person, including rent
2406 $
Without Rent
840 $
Rent & Utilities
1566 $
Food
633 $
Transport
60 $
Monthly Salary, after tax
4077 $
GDP per Capita
53,372 $
Freedom Index
8.55
Lifespan
81 years
Speak English
82%
Population
20.3K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 16.4 $
Dinner 84.8 $
Fast food, McDonalds or KFC 9.87 $
Beer, 0.5 L or 16 fl oz 5.69 $
Capuccino 4.04 $
Coke, 330ml 2.56 $

Compare Yellowknife with:

Markets

Milk, 1 L or 1 qt 2.5 $
Bread, 0.5 kg or 1 lb 2.97 $
Rice, 1 kg or 2 lb 3.97 $
Eggs, 12 pack 3.58 $
Cheese, 1 kg or 2 lb 7.59 $
Chicken Breast, 1 kg or 2 lb 13.8 $
Round Steak, 1 kg or 2 lb 15.3 $
Apples, 1 kg or 2 lb 4.74 $
Banana, 1 kg or 2 lb 2.15 $
Oranges, 1 kg or 2 lb 5.8 $
Tomato, 1 kg or 2 lb 4.05 $
Potato, 1 kg or 2.2 lb 3.94 $
Onion, 1 kg or 2.2 lb 3.55 $
Water, 1 L or 1 qt 0.75 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.24 $
Wine, 750 mL bottle 15.9 $
Beer, 0.5 L or 16 fl oz 4.46 $
Cigarette pack 21.7 $

Transportation

One-way Ticket 2.22 $
Monthly Pass 55.1 $
Gas or Petrol, 1l or 0.26 gal 1.23 $
Taxi, 8 km 19.9 $

Personal Care

Doctor Visit, private clinic 69.2 $
Cold medicine, for 1 week 9.19 $
Hair Shampoo, 400 ml or 12 oz. 4.03 $
Toilet paper, 4 rolls 2.48 $
Toothpaste, 1 tube 2.04 $

Utilities per Month

1 person, electricity, heating, water & garbage 185 $
Family of 4, electricity, heating, water & garbage 283 $
Internet plan, +60 Mbps 95.7 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,260 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,736 $
1 Bedroom Apartment, in city center, 40 sq.m 1,384 $
3 Bedroom Apartment, in city center, 85 sq.m 1,946 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,175 $
Price per Square Meter to Buy House, in suburbs 2,97 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,077 $
Mortgage Interest Rate, for 20 years fixed-rate 7.52%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 90 $
Cinema, 1 seat 9.53 $
Haircut 18.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 117 $
Brand Jeans, Levis 501 73.9 $

Childcare

Preschool, full day, monthly for 1 child 753 $
International Primary School, yearly for 1 child 11,619 $

Compare Yellowknife with other top cities

Cayman Islands
Yellowknife vs George Town (George Town is 51% more expensive)
Bahamas
Yellowknife vs Nassau (Nassau is 14% more expensive) Yellowknife vs Freeport (Freeport is 9% less expensive)
Vanuatu
Yellowknife vs Port Vila (Port Vila is 2% less expensive) Yellowknife vs Luganville (Luganville is 27% more expensive)
United States
Yellowknife vs New York City (New York City is 68% more expensive) Yellowknife vs Los Angeles (Los Angeles is 32% more expensive) Yellowknife vs Chicago (Chicago is 11% more expensive) Yellowknife vs Houston (Houston is 7% less expensive) Yellowknife vs Phoenix (Phoenix is 2% less expensive) Yellowknife vs Philadelphia (Philadelphia is 6% more expensive) Yellowknife vs San Antonio (San Antonio is 9% less expensive) Yellowknife vs San Diego (San Diego is 39% more expensive) Yellowknife vs Dallas (Dallas is 6% more expensive) Yellowknife vs San Jose (San Jose is 53% more expensive)
Canada
Yellowknife vs Toronto (Toronto is 7% more expensive) Yellowknife vs Montreal (Montreal is 19% less expensive) Yellowknife vs Calgary (Calgary is 11% less expensive) Yellowknife vs Ottawa (Ottawa is 7% less expensive) Yellowknife vs Edmonton (Edmonton is 26% less expensive) Yellowknife vs Winnipeg (Winnipeg is 27% less expensive) Yellowknife vs Mississauga (Mississauga is 3% more expensive) Yellowknife vs Vancouver (Vancouver is 10% more expensive) Yellowknife vs Brampton (Brampton is 12% less expensive) Yellowknife vs Hamilton (Hamilton is 10% less expensive)
Barbados
Yellowknife vs Bridgetown (Bridgetown is 43% less expensive) Yellowknife vs Holetown (Holetown is 42% less expensive)
Panama
Yellowknife vs Panama City (Panama City is 42% less expensive) Yellowknife vs Colon (Colon is 51% less expensive) Yellowknife vs Tocumen (Tocumen is 49% less expensive) Yellowknife vs Santiago de Veraguas (Santiago de Veraguas is 56% less expensive) Yellowknife vs David (David is 65% less expensive) Yellowknife vs La Chorrera (La Chorrera is 60% less expensive) Yellowknife vs Balboa (Balboa is 48% less expensive) Yellowknife vs Pacora (Pacora is 48% less expensive) Yellowknife vs Chitre (Chitre is 55% less expensive) Yellowknife vs Penonome (Penonome is 54% less expensive)
Saint Kitts And Nevis
Yellowknife vs Basseterre (Basseterre is 48% less expensive) Yellowknife vs Cayon (Cayon is 48% less expensive)
Cuba
Yellowknife vs Havana (Havana is 57% less expensive) Yellowknife vs Santiago de Cuba (Santiago de Cuba is 41% less expensive) Yellowknife vs Holguin (Holguin is 47% less expensive) Yellowknife vs Camaguey (Camaguey is 37% less expensive) Yellowknife vs Santa Clara (Santa Clara is 56% less expensive) Yellowknife vs Bayamo (Bayamo is 52% less expensive) Yellowknife vs Guantanamo (Guantanamo is 35% less expensive) Yellowknife vs Las Tunas (Las Tunas is 35% less expensive) Yellowknife vs Pinar del Rio (Pinar del Rio is 54% less expensive) Yellowknife vs Cienfuegos (Cienfuegos is 64% less expensive)
Costa Rica
Yellowknife vs San Jose (San Jose is 49% less expensive) Yellowknife vs Limon (Limon is 50% less expensive) Yellowknife vs Liberia (Liberia is 63% less expensive) Yellowknife vs Alajuela (Alajuela is 49% less expensive) Yellowknife vs Puntarenas (Puntarenas is 47% less expensive) Yellowknife vs Cartago (Cartago is 60% less expensive) Yellowknife vs Heredia (Heredia is 48% less expensive) Yellowknife vs Tamarindo (Tamarindo is 30% less expensive) Yellowknife vs Santa Teresa (Santa Teresa is 46% less expensive)
Saint Lucia
Yellowknife vs Castries (Castries is 52% less expensive) Yellowknife vs Vieux Fort (Vieux Fort is 50% less expensive)
Jamaica
Yellowknife vs Kingston (Kingston is 45% less expensive) Yellowknife vs Spanish Town (Spanish Town is 67% less expensive) Yellowknife vs Montego Bay (Montego Bay is 58% less expensive) Yellowknife vs Half Way Tree (Half Way Tree is 52% less expensive) Yellowknife vs May Pen (May Pen is 66% less expensive) Yellowknife vs Mandeville (Mandeville is 59% less expensive) Yellowknife vs Old Harbour (Old Harbour is 65% less expensive) Yellowknife vs Linstead (Linstead is 57% less expensive) Yellowknife vs Savanna-la-Mar (Savanna-la-Mar is 53% less expensive) Yellowknife vs Port Antonio (Port Antonio is 52% less expensive)
El Salvador
Yellowknife vs San Salvador (San Salvador is 50% less expensive) Yellowknife vs Santa Ana (Santa Ana is 71% less expensive) Yellowknife vs Soyapango (Soyapango is 51% less expensive) Yellowknife vs San Miguel (San Miguel is 55% less expensive) Yellowknife vs Mejicanos (Mejicanos is 52% less expensive) Yellowknife vs Apopa (Apopa is 52% less expensive) Yellowknife vs Santa Tecla (Santa Tecla is 50% less expensive) Yellowknife vs Ahuachapan (Ahuachapan is 40% less expensive) Yellowknife vs Usulutan (Usulutan is 55% less expensive) Yellowknife vs Sonsonate (Sonsonate is 63% less expensive)
Antigua And Barbuda
Yellowknife vs St. John's (St. John's is 55% less expensive) Yellowknife vs All Saints (All Saints is 55% less expensive)
Grenada
Yellowknife vs St. George's (St. George's is 56% less expensive) Yellowknife vs Grenville (Grenville is 56% less expensive)
Dominica
Yellowknife vs Roseau (Roseau is 58% less expensive) Yellowknife vs Portsmouth (Portsmouth is 53% less expensive)
Saint Vincent
Yellowknife vs Kingstown (Kingstown is 59% less expensive) Yellowknife vs Georgetown (Georgetown is 58% less expensive)
Belize
Yellowknife vs Belize City (Belize City is 64% less expensive) Yellowknife vs San Ignacio (San Ignacio is 55% less expensive) Yellowknife vs Belmopan (Belmopan is 70% less expensive) Yellowknife vs San Pedro Town (San Pedro Town is 45% less expensive) Yellowknife vs Caye Caulker (Caye Caulker is 35% less expensive)
Guatemala
Yellowknife vs Guatemala City (Guatemala City is 58% less expensive) Yellowknife vs Mixco (Mixco is 73% less expensive) Yellowknife vs Coban (Coban is 62% less expensive) Yellowknife vs Quetzaltenango (Quetzaltenango is 68% less expensive) Yellowknife vs Jalapa (Jalapa is 62% less expensive) Yellowknife vs San Miguel Petapa (San Miguel Petapa is 63% less expensive) Yellowknife vs Momostenango (Momostenango is 64% less expensive) Yellowknife vs Mazatenango (Mazatenango is 64% less expensive) Yellowknife vs Flores (Flores is 64% less expensive) Yellowknife vs Panajachel (Panajachel is 67% less expensive)
Honduras
Yellowknife vs Tegucigalpa (Tegucigalpa is 66% less expensive) Yellowknife vs San Pedro Sula (San Pedro Sula is 57% less expensive) Yellowknife vs Choloma (Choloma is 75% less expensive) Yellowknife vs La Ceiba (La Ceiba is 73% less expensive) Yellowknife vs El Progreso (El Progreso is 63% less expensive) Yellowknife vs Villanueva (Villanueva is 64% less expensive) Yellowknife vs Comayagua (Comayagua is 70% less expensive) Yellowknife vs Puerto Cortes (Puerto Cortes is 70% less expensive) Yellowknife vs Yoro (Yoro is 69% less expensive) Yellowknife vs La Lima (La Lima is 64% less expensive)
Dominican Republic
Yellowknife vs Santiago de los Caballeros (Santiago de los Caballeros is 67% less expensive) Yellowknife vs Santo Domingo (Santo Domingo is 57% less expensive) Yellowknife vs Puerto Plata (Puerto Plata is 68% less expensive) Yellowknife vs Higuey (Higuey is 68% less expensive) Yellowknife vs La Vega (La Vega is 76% less expensive) Yellowknife vs San Cristobal (San Cristobal is 65% less expensive) Yellowknife vs San Pedro de Macoris (San Pedro de Macoris is 70% less expensive) Yellowknife vs San Francisco de Macoris (San Francisco de Macoris is 78% less expensive) Yellowknife vs San Juan de la Maguana (San Juan de la Maguana is 74% less expensive) Yellowknife vs Bonao (Bonao is 77% less expensive)
Nicaragua
Yellowknife vs Managua (Managua is 68% less expensive) Yellowknife vs Leon (Leon is 73% less expensive) Yellowknife vs Masaya (Masaya is 70% less expensive) Yellowknife vs Matagalpa (Matagalpa is 77% less expensive) Yellowknife vs Chinandega (Chinandega is 73% less expensive) Yellowknife vs Esteli (Esteli is 75% less expensive) Yellowknife vs Granada (Granada is 71% less expensive) Yellowknife vs Jinotega (Jinotega is 81% less expensive) Yellowknife vs Juigalpa (Juigalpa is 72% less expensive) Yellowknife vs San Juan del Sur (San Juan del Sur is 63% less expensive)