Cost of Living in Saskatoon - 2023 - [Updated]

Cost of living in Saskatoon, Saskatchewan comprehensive guide. If you're considering moving to Saskatoon, you'll find that it offers a high quality of life, affordable housing options, and plenty of employment opportunities. In this video, we'll take a closer look at the key expenses you'll need to budget for when living in Saskatoon.
Housing is a major consideration for anyone moving to Saskatoon, and you'll find that both renting and buying offer affordable options. The average cost of a one-bedroom rental apartment in Saskatoon is around $900 per month, while the median home price is around $365,000. When it comes to utilities, you can expect to pay around $300 per month for electricity, gas, and water, with additional costs for internet and cable.
Entertainment and dining out are two more important aspects of life in Saskatoon, and there's no shortage of options. From cultural events and outdoor activities to fine dining and casual eateries, you'll never be bored. When it comes to dining out, a meal for two at a mid-range restaurant can cost anywhere from $40 to $60, while groceries will run you around $250 per month per person.
Transportation is another important factor to consider, and there are several options, including public transit, taxis, and personal vehicles. The cost of public transportation is around $90 per month, while car ownership costs can vary greatly depending on your vehicle choice and driving habits. If you opt to own a car, you'll also need to budget for insurance, with an average monthly cost of around $90.
In conclusion, Saskatoon offers a great balance of cost and quality of life, making it a popular choice for those looking to move to Saskatchewan. With plenty of job opportunities, affordable housing, and a vibrant arts and culture scene, Saskatoon is an excellent place to call home. Before you move to Saskatoon, make sure to research the cost of living and employment opportunities to ensure that it's the right fit for you.
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