Cost of Living in Saskatoon 2026

No fee everyday banking

Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.

See how it works

Saskatchewan's Bridge City: affordable Prairie living, a strong university, and potash-fueled economic stability.

Saskatoon is one of Canada's best-kept secrets for quality of life per dollar. The South Saskatchewan River cuts through the city creating beautiful green corridors, the University of Saskatchewan anchors a strong academic community, and the resource economy (potash, agriculture) provides stable employment. In 2026, Saskatoon remains dramatically more affordable than any Ontario or BC city of comparable ambition.

Rent & Housing

Unit TypeDowntown / Broadway / NutanaEast / West / Suburban Saskatoon
Bachelor / Studio$1,150/mo$950/mo
1-Bedroom$1,400/mo$1,150/mo
2-Bedroom$1,750/mo$1,450/mo
3-Bedroom$2,200/mo$1,800/mo

Saskatoon's average detached home price sits around $410,000–$470,000 — one of the most attainable in Canada for a city of its economic profile. First-time buyers can often achieve ownership within 3–5 years of saving on a professional salary.

Groceries

ItemAverage Price (2026)
Chicken breast (1 kg)$13.60
Ground beef (1 kg)$12.80
Dozen eggs$4.90
2L milk$5.20
Loaf of bread$4.50

Transit — Saskatoon Transit

OptionMonthly Cost
Saskatoon Transit Monthly Pass$89/mo
Car ownership (insurance + gas)$850–$1,250/mo

Saskatchewan Government Insurance (SGI) provides regulated auto insurance that tends to be cheaper than Ontario or BC rates, especially for safe drivers.

Utilities

UtilityAverage Monthly (1BR)
Electricity (SaskPower)$75–$110
Natural gas (SaskEnergy)$70–$140 (cold winters)
Internet (100 Mbps+)$65–$85
Cell phone$50–$65

Dining & Entertainment

ExpenseAverage Cost
Coffee (latte)$5.80
Lunch (fast casual)$12–$16
Dinner (mid-range, per person)$22–$32
Movie ticket$15.00
Remai Modern Art Museum admission$12

Annual Budget Estimates

Single Adult (Downtown, No Car)

  • Rent (1BR): $16,800
  • Groceries: $4,800
  • Transit: $1,068
  • Utilities: $3,600
  • Dining/entertainment: $3,600
  • Personal/misc: $2,400
~$32,268/yr

Family of 3 (Suburban, With Car)

  • Rent (3BR): $21,600
  • Groceries: $11,000
  • Car (SGI+gas): $11,400
  • Utilities: $5,400
  • Misc/personal: $4,800
~$54,200/yr

Saskatchewan PST

Saskatchewan charges 6% PST on most goods, the second-lowest rate in Canada after Alberta (0%). Combined with competitive grocery and housing prices, Saskatoon's total cost of living is among the lowest for any comparable Canadian city.

Saskatoon Value + Free Banking = Excellent Financial Health

Saskatoon already saves you thousands versus Eastern or BC cities. Pair that with KOHO's no-fee banking and cashback rewards to maximize your financial foundation. Use code BREMO2026 for a $100 bonus.

Claim $100 with KOHO →

Related Guides