FAQ: How Much Does It Cost To Live In Yellowknife?

Is Yellowknife a good place to live?

A Great place to Raise Kids Yellowknife is a young community with a median age of 33.4. That’s seven years younger than the Canadian average, according to Statistics Canada. For more reasons on why Yellowknife is a great place to live, take a look at our Community Profile.

How much do you get paid to live in Yellowknife?

That wage varies depending on location: In Yellowknife it’s $23.95 per hour; in Hay River, $24.75 and in Inuvik $23.78. Calculated using the Canadian Living Wage Framework, it’s a basic approach, covering cost of living expenses like shelter, food and clothing, in addition to government benefits.

What is the average income in Yellowknife?

Find out what the average Yellowknife salary is The average yellowknife salary in Canada is $47,775 per year or $24.50 per hour. Entry level positions start at $37,050 per year while most experienced workers make up to $100,000 per year.

What language do they speak in Yellowknife?

Most Inuktitut speakers live in Yellowknife (34.8%), Fort Smith (15.9%), and Hay River (11.9%). Inuktitut is also an official language of Nunavut. Inuvialuktun speakers may refer to Inuvialuktun itself, or one of its dialects/sub-dialects, as Siglitun or Uummarmiutun.

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How much snow does Yellowknife get?

How Much Snow Normally Accumulates in Yellowknife. For about 192 days, more than half the year, Yellowknife has at least a centimetre of snow on the ground. In mid-winter the snowpack averages 29 to 35 cm deep. The snow is usually at its deepest in March.

What’s the average price of a house in Yellowknife?

The association suggests the average price of a home in the Northwest Territories rose from $296,817 in February 2020 to $439,591 in just one year. But Adrian Bell, a broker at Century 21 Prospect Realty, said the data relies on a small sample size that can be skewed by a single sale.

Is living in Yellowknife expensive?

Cost of living in Yellowknife (Northwest Territories) According to the CMHC, a bachelor apartment is $1182 per month and a one-bedroom apartment is $1451 per month … yes, affordable housing is an issue in Yellowknife and food (especially produce, dairy products, etc.) is very expensive as well.

Why is it so expensive to live in Yellowknife?

Housing costs make up the single largest proportion of the cost of living in Yellowknife. Shelter costs eclipse total personal taxes — federal and territorial — for the family. In other words, when housing prices move, it causes a disproportionately large change in the cost of living.

Do you get paid to live in NWT?

The Northwest Territories cost of living offset is a tax-free amount paid to individuals and families to help offset the cost of the Northwest Territories carbon tax.

Why do people move to Northwest Territories?

The territory is known for its low unemployment, high median income, and excellent job opportunities as well as spectacular nature. The Northwest Territories are a great choice for adventurous immigrants who wish to learn about new cultures.

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What is it like living in NWT?

Residents across the north are welcoming, friendly, we enjoy a relaxed, culturally rich lifestyle and have the most spectacular natural scenery. In the NWT, there is always something to keep you busy and there are a myriad of activities to choose from.

What is the population of Yellowknife 2021?

Answer: Yellowknife, Canada (Administrative unit: Northwest Territories) – last known population is ≈ 19 200 (year 2011). This was 0.056% of total Canada population. If population growth rate would be same as in period 2006-2011 (+0.56%/year), Yellowknife population in 2021 would be: 20 348 *.

Is Yellowknife urban or rural?

It is a multi-cultural city that offers a strong sense of community to everyone. Secondly, Yellowknife only sounds “rural” when I listen with my Torontonian ears. Yellowknife is actually a central hub for 32 other communities within the Northwest Territories.

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