City in Northwest Territories, Canada
Cost of living in Yellowknife
How much a month costs in Yellowknife
For one person, including rent. A comfortable month costs about $3,160–4,560 (C$4,500–6,500).
Prices in Yellowknife
Typical 2026 ranges in CAD, rounded. US$ at the 03 Oct 2026 exchange rate.
| Item | CAD | US$ |
|---|---|---|
| Housing | ||
| 1-bedroom apartment, center (month) | C$1,600–2,400 | $1,120–1,690 |
| 1-bedroom apartment, outside center (month) | C$1,300–1,900 | $913–1,330 |
| Mid-range hotel room (night) | C$200–350 | $140–246 |
| Food and drink | ||
| Local meal or street food | C$18–28 | $12.6–19.7 |
| Mid-range restaurant, per person | C$38–65 | $27–46 |
| Cappuccino | C$4–6 | $2.8–4.2 |
| Local beer, 0.5 l in a bar | C$8–12 | $5.6–8.4 |
| Getting around | ||
| Public transport, one ride | C$2 | $1.4 |
| Ride-hailing or taxi, about 5 km | C$15–22 | $10.5–15.4 |
| Work and life | ||
| Gym membership (month) | C$50–90 | $35–63 |
| Mobile data, 20–50 GB (month) | C$40–70 | $28–49 |
Value for money: 9/100
A value score of 9/100 means Yellowknife gives more quality of life per dollar than 8% of the 1,319 places we cover. Quality here scores 72/100. It's the 15th most affordable of 18 places we cover in Canada.
| Quality factor | Score |
|---|---|
| Safety | |
| Air quality | |
| Internet | |
| Healthcare | |
| Weather | |
| Friendly locals | |
| English |
Cost of living across Canada
One person, comfortable lifestyle, including rent.
| Place | Comfortable month | Value |
|---|---|---|
| Quebec City | $2,110–2,950 | 45/100 |
| Niagara Falls | $2,250–3,090 | 37/100 |
| Halifax | $2,320–3,160 | 37/100 |
| Montreal | $2,460–3,370 | 29/100 |
| Ottawa | $2,460–3,370 | 38/100 |
| Calgary | $2,460–3,370 | 31/100 |
| Victoria | $2,530–3,440 | 37/100 |
| Edmonton | $2,460–3,510 | 29/100 |
| Toronto | $2,950–3,860 | 20/100 |
| Kelowna | $2,810–4,070 | 19/100 |
| Prince Edward Island | $2,810–4,070 | 27/100 |
| Vancouver | $3,020–4,000 | 19/100 |
| Tofino | $3,090–4,210 | 22/100 |
| Jasper | $3,160–4,210 | 21/100 |
| Yellowknife | $3,160–4,560 | 9/100 |
| Banff | $3,370–4,560 | 15/100 |
| Whistler | $3,370–4,780 | 14/100 |
| Mont-Tremblant | $3,860–5,620 | 8/100 |
Cheaper alternatives to Yellowknife
Similar safety, lower cost, in North America.
| Place | Country | Comfortable month |
|---|---|---|
| Quebec City | Canada | $2,110–2,950 |
| Ottawa | Canada | $2,460–3,370 |
| Niagara Falls | Canada | $2,250–3,090 |
| Victoria | Canada | $2,530–3,440 |
| Calgary | Canada | $2,460–3,370 |
Quick answers
How much money do you need per month in Yellowknife?
About $2,110–2,810 on a lean budget, $3,160–4,560 for a comfortable month and $5,620–9,130 for a luxury one, rent included.
How much is rent in Yellowknife?
A furnished 1-bedroom apartment costs C$1,600–2,400 ($1,120–1,690) a month in the center and C$1,300–1,900 ($913–1,330) outside it.
How much does food cost in Yellowknife?
A local meal is C$18–28 ($12.6–19.7); a mid-range restaurant is C$38–65 ($27–46) per person.
Is Canada expensive?
Prices in Canada are about 83% of US price levels (World Bank PPP).
More about Yellowknife
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Sources
- ExchangeRate-API open rates
- World Bank: PPP conversion factor
- City of Yellowknife Transit
- Spectacular NWT (tourism)
- NT Health and Social Services Authority
Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.