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Cost of Living in Saskatoon: Updated Prices, Comparison with Other Cities

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A Complete Guide on Cost of Living in Saskatoon

Saskatoon, located in the province of Saskatchewan, Canada, is known for its friendly community, vibrant culture, and affordable living. It is an ideal location for students looking to balance academics with an enriching lifestyle. But, before relocating, students should be aware of the average cost of living in Saskatoon to ensure they can budget appropriately and live comfortably there. 

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Understanding the cost of living in Saskatoon is essential for students to effectively budget for a comfortable stay. For those interested in the average expenses in Saskatoon, continue reading for comprehensive insights and detailed information on the cost of living in this lively city. Let’s explore further!

Cost of Living in Saskatoon Overview

The average cost of living in Saskatoon for a single person, including rent, totals approximately CAD 2,532, according to Livingcost data. Renting a one-bedroom apartment typically ranges between CAD 1,114 and CAD 1,332. However, overall living expenses in Saskatoon can vary depending on lifestyle choices, preferred neighbourhood, and other factors, particularly among students.

Living expenses in Saskatoon encompass several categories such as utility bills, housing rent, transportation costs, personal expenditures, and grocery expenses. Here is an overview of the average living costs in Saskatoon across different categories for individuals considering moving to this dynamic city.

Also Read: Cost of Living in Calgary: Updated Prices, Other Cities Comparison

Costs of Accommodation in Saskatoon

The cost of accommodation in Saskatoon varies significantly based on the type of housing and individual preferences. Opting for a hostel dormitory can lower the overall cost of living for students. However, choosing a private room typically results in an average monthly rent ranging from CAD 1,114 to CAD 1,332 for an apartment.

Before relocating to Saskatoon, it is crucial to conduct thorough research and compare apartment rents across different neighbourhoods to determine which option best suits your needs and budget. To assist with this decision-making process, we have compiled average housing cost data for various apartments located both within and outside the city centre.

Apartment TypeLocationApprox. Monthly Cost 
1 bedroom in the City CentreCAD 1332
3 bedrooms in the City CentreCAD 2144
1 bedroom Outside of CentreCAD 1114
3 bedrooms Outside of CentreCAD 1896
Source: Livingcost

Cost of a Utility in Saskatoon 

Utilities in Saskatoon cover essential services crucial for residents’ quality of life. These services typically include electricity, water, heating, internet, and garbage disposal. Understanding the expenses associated with these basic utilities can assist students in effectively managing their household budgets.

For instance, the average monthly utility cost for a one-bedroom apartment in Saskatoon is approximately CAD 109. It’s important to factor these utility expenses into your monthly living costs in Saskatoon when planning to reside there, as they significantly impact overall expenditures.

Utility TypeUtility NameApprox. Cost 
Basic Utility BillsWater, Electricity, Heating, Cooling, etcCAD 183
Internet60 Mbps+, Unlimited Data, Cable/ADSL monthlyCAD 91.2
Source: Livingcost

Also Read: Cost of Living in Sheffield: Updated Prices, Other Cities Comparison

Restaurant Food Costs in Saskatoon

The average monthly food expenses for a person in Saskatoon are approximately CAD 789, as reported by Livingcost data. Students in the city have the opportunity to explore a diverse restaurant scene. Dining out in the city can be both enjoyable and reasonably priced, although costs can vary significantly depending on factors such as restaurant location, cuisine type, and the number of diners.

Frequent dining out can contribute to a higher cost of living in Saskatoon for students, as restaurant meals are generally more costly compared to home-cooked meals. Therefore, preparing meals at home can be a practical strategy for students to save money while studying in Saskatoon.

Type of Restaurant Approx Cost of Meal in Restaurant 
Food Expenses (monthly)CAD 792
Lunch MenuCAD 24.7
Dinner in a Restaurant, for 2 personCAD 101
Fast food meal, equiv. McDonald’sCAD  12.3
CappuccinoCAD 4.97
Source: Livingcost

Cost of Grocery in Saskatoon

The cost of groceries is a significant daily expense for students who choose to cook at home, and their food preferences will determine how much they spend on groceries. These grocery costs can impact the overall cost of living in Saskatoon.

To ensure value for money, it’s advisable to compare prices from various stores or suppliers when purchasing groceries in Saskatoon. Below is a table outlining the average grocery expenses in the city:

Grocery ItemApprox Cost 
Milk (regular), (1 litre)CAD 2.67
Eggs (regular) (12)CAD 4.59
Apples (1kg)CAD 5.7
Banana (1kg)CAD 2.02
Oranges (1kg)CAD 4.58
Local Cheese (1kg)CAD 11.8
Potato (1kg)CAD 2.53
Tomato (1kg)CAD 3.68
Onion (1kg)CAD 2.87
Water (1 liter bottle)CAD 1.69
Loaf of Fresh White Bread (500g)CAD 3.41
Rice (white), (1kg)CAD 5.27
Source: Numbeo

Transportation Costs in Saskatoon

Evaluating travel expenses in Saskatoon is crucial for students, as commuting to and from college is a daily necessity. To aid in budget planning, we have compiled a table detailing the average transportation costs in the city. This data will help you estimate and include transportation expenses in your overall cost of living in Saskatoon. Take an overview of a comprehensive understanding of travelling around here comfortably.

Mode of TransportApprox Cost
Ticket for Monthly Pass in a Public transportCAD 90.8
Ticket for Local Public transport CAD 90.8
Local tariff for the Taxi Ride of 8 km CAD 25
1 L or 0.26 gal Gas / PetrolCAD 1.53
Source: Livingcost

Also Read: Cost of Living in Norway: Updated Prices, Other Countries Comparison

Miscellaneous Costs in Saskatoon

In addition to accommodation, food, and transportation, it’s essential to consider various other expenditures while living in Saskatoon. These may include expenses like gym memberships, movie tickets, clothing, and occasional medical visits. These additional costs can add up over time, so it’s crucial to incorporate them into your financial planning.

These expenditures can vary depending on individual lifestyle choices and preferences. After some time miscellaneous costs can impact your cost of living in Saskatoon. Please refer to the table below for a comprehensive breakdown of these miscellaneous expenses.

Miscellaneous Approx Cost 
Movie TicketCAD 20
Brand JeansCAD 88.6
Fitness Club (Gym Membership)CAD 52.6
Brand SneakersCAD 139
Doctor’s visitCAD 67.5
Source: Livingcost

Cost of Living Comparison: Saskatoon vs Other Cities

When estimating the cost of living in Saskatoon compared to other Canadian cities, it’s crucial to consider several factors. It is renowned for its affordable housing and transportation expenses, making it an attractive option for those looking for a balanced lifestyle.

To make well-informed decisions about relocation or extended stays, understanding how Saskatoon’s cost of living stacks up against major cities like Vancouver, Toronto, Edmonton, Calgary, Winnipeg, and Regina is essential. Below is a detailed comparison to provide a clear understanding of these living expenses.

Cost of Living City WiseAverage Cost of livingComparison with Cost of Living in Saskatoon
Cost of Living in VancouverCAD 1,549 (excluding rent)Higher than Saskatoon
Cost of Living in TorontoCAD 1,509 (excluding rent)Approximately equal to Saskatoon
Cost of Living in EdmontonCAD 1,422 (excluding rent)Lower than Saskatoon
Cost of Living in CalgaryCAD 1,592 (excluding rent)Higher than Saskatoon
Cost of Living in WinnipegCAD 1,418 (excluding rent)Lower than Saskatoon
Cost of Living in CanadaCAD 1,444 (excluding rent)Lower than Saskatoon
Cost of Living in AlbertaCAD 2592 (including rent)Higher than Saskatoon
Cost of Living in ReginaCAD 2079 (including rent)Lower than Saskatoon
Source: Livingcost

Average Cost of Studying in Saskatoon

Pursuing higher education in Saskatoon can be cost-effective, with manageable impacts on your overall cost of living in Saskatoon. Prospective students should thoroughly assess their educational objectives and financial capabilities when considering universities in the city.

Exploring available scholarships or financial aid offered by universities is crucial for prospective students planning their studies in Saskatoon. Careful financial planning allows students to make the most of educational opportunities while effectively managing expenses. Below is a table summarizing tuition fees at selected universities and colleges in Saskatoon:

University/Colleges NameTuition Fees for 1st Year 
University of SaskatchewanCAD 3920 – CAD 70960
Saskatchewan PolytechnicCAD 14040 – CAD 24480
St. Thomas More CollegeCAD 15020 – CAD 15450

Students can effectively manage their finances by conducting thorough research on the average tuition fees at their preferred university in Saskatoon. Understanding these essential costs associated with living here allows students to budget wisely, ensuring they can enjoy local culture and maintain a comfortable lifestyle throughout their studies.

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FAQs

Q1 What is the Monthly Average Cost of Living in Saskatoon?

Answer: The monthly average cost of living in Saskatoon for a single person is around CAD 2,532, with rental costs. Whereas, the estimated cost of housing rent can range from CAD 1114 to CAD 1332. However, these expenses can vary according to the preferred location and things.

Q2. Is it cheaper to live in Saskatoon or Regina?

Answer: The average monthly cost of living in Saskatoon for a single person is approximately CAD 2,532. In contrast, the average monthly cost of living in Regina for a single person is about CAD 2079, including rental costs. This comparison clearly illustrates that Saskatoon is more expensive than Regina.

Q3. Is it expensive to live in Saskatoon?

Answer: For one person, the average cost of living in Saskatoon, including rent is around CAD 2,532 per month. This amount shows that it is among the most affordable cities in Canada. It ranked 62nd out of 153 of the most expensive cities in Canada according to Livingcost.

So, this was all about the cost of living in Saskatoon. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.

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