Is $50,000 a good salary in Calgary, Alberta in 2024? (2024)

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$50,000 is $14,600 less than the average yearly salary of $64,600 in Calgary. A salary of $50,000 per year means that you would be taking home about $39,507 per year after taxes, or $3,292 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Calgary is $129,000.

Is $50,000 a good salary in Calgary, Alberta in 2024? (3)

Updated: April 1, 2024

Average Cost of Living per Month in Calgary

The average cost of living in Calgary is $3,671/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

Average cost of living

$3,671/month

Monthly net income of $50,000/year

$3,292/month

Average total income in 2020

$64,600

Average total household income in 2020

$129,000

Average Salary in Calgary

The average salary in Calgary is $64,600, which is 18.6% higher than the Canadian average salary of $54,450. A person making $50,000 a year in Calgary makes 22.6% less than the average working person in Calgary and will take home about $39,507.

Net Annual Pay:

$39,507

Income tax breakdown

Hourly Salary:

$25.64

Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Calgary. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $50,000.

Renter

Homeowner

Is $50,000 a good salary in Calgary, Alberta in 2024? (4)

Housing

The average monthly cost of rental housing in Calgary is $1,586.

$0$5,000

Transit

Driver

Is $50,000 a good salary in Calgary, Alberta in 2024? (5)

Transportation

The average monthly cost for a driver in Calgary is $611.

$0$1,000

Is $50,000 a good salary in Calgary, Alberta in 2024? (6)

Groceries

The average person spends $502 on groceries per month in Calgary.

$0$1,500

Is $50,000 a good salary in Calgary, Alberta in 2024? (7)

Utilities

The average monthly cost of utilities in Calgary is $233.

$0$600

Is $50,000 a good salary in Calgary, Alberta in 2024? (8)

Leisure & Entertainment

The average person in Calgary spends $202 on leisure & entertainment per month.

$0$1,000

Is $50,000 a good salary in Calgary, Alberta in 2024? (9)

Clothing

The average person in Calgary spends $44 on clothing per month.

$0$500

Is $50,000 a good salary in Calgary, Alberta in 2024? (10)

Restaurants

The average person in Calgary spends $343 on restaurants per month.

$0$1,000

Is $50,000 a good salary in Calgary, Alberta in 2024? (11)

Other

The average person in Calgary spends $150 on miscellaneous goods and services per month.

$0$2,000

General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Calgary based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.

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Most affordable cities in Alberta

1. Cochrane, Alberta

Avg. Salary$66,800

Avg. Monthly Net pay$4,207

Avg. Cost of Living$3,434

Affordability Index

122.52%

2. Canmore, Alberta

Avg. Salary$72,800

Avg. Monthly Net pay$4,531

Avg. Cost of Living$3,720

Affordability Index

121.79%

3. St. Albert, Alberta

Avg. Salary$68,800

Avg. Monthly Net pay$4,299

Avg. Cost of Living$3,539

4. Cold Lake, Alberta

Avg. Salary$65,100

Avg. Monthly Net pay$4,117

Avg. Cost of Living$3,394

Affordability Index

121.31%

5. Edmonton, Alberta

Avg. Salary$56,800

Avg. Monthly Net pay$3,680

Avg. Cost of Living$3,091

Affordability Index

119.05%

6. Okotoks, Alberta

Avg. Salary$64,400

Avg. Monthly Net pay$4,080

Avg. Cost of Living$3,528

Affordability Index

115.65%

7. Red Deer, Alberta

Avg. Salary$55,250

Avg. Monthly Net pay$3,595

Avg. Cost of Living$3,136

Affordability Index

114.63%

8. Calgary, Alberta

Avg. Salary$64,600

Avg. Monthly Net pay$4,091

Avg. Cost of Living$3,637

Affordability Index

112.48%

9. Hinton, Alberta

Avg. Salary$60,600

Avg. Monthly Net pay$3,881

Avg. Cost of Living$3,467

Affordability Index

111.93%

10. Lethbridge, Alberta

Avg. Salary$52,500

Avg. Monthly Net pay$3,436

Avg. Cost of Living$3,072

Affordability Index

111.86%

11. Airdrie, Alberta

Avg. Salary$61,150

Avg. Monthly Net pay$3,910

Avg. Cost of Living$3,518

Affordability Index

111.13%

12. Spruce Grove, Alberta

Avg. Salary$60,950

Avg. Monthly Net pay$3,899

Avg. Cost of Living$3,512

Affordability Index

111.02%

13. Whitecourt, Alberta

Avg. Salary$60,250

Avg. Monthly Net pay$3,862

Avg. Cost of Living$3,537

Affordability Index

109.19%

14. Athabasca, Alberta

Avg. Salary$60,500

Avg. Monthly Net pay$3,875

Avg. Cost of Living$3,567

Affordability Index

108.64%

15. High Level, Alberta

Avg. Salary$59,900

Avg. Monthly Net pay$3,844

Avg. Cost of Living$3,567

Affordability Index

107.75%

16. Fort Saskatchewan, Alberta

Avg. Salary$66,400

Avg. Monthly Net pay$4,186

Avg. Cost of Living$3,976

Affordability Index

105.28%

17. Peace River, Alberta

Avg. Salary$60,850

Avg. Monthly Net pay$3,894

Avg. Cost of Living$3,711

Affordability Index

104.92%

18. Grande Prairie, Alberta

Avg. Salary$59,650

Avg. Monthly Net pay$3,830

Avg. Cost of Living$3,679

Affordability Index

104.12%

19. Slave Lake, Alberta

Avg. Salary$59,750

Avg. Monthly Net pay$3,836

Avg. Cost of Living$3,690

Affordability Index

103.95%

20. Beaverlodge, Alberta

Avg. Salary$55,250

Avg. Monthly Net pay$3,595

Avg. Cost of Living$3,556

Affordability Index

101.09%

21. Bonnyville, Alberta

Avg. Salary$53,900

Avg. Monthly Net pay$3,517

Avg. Cost of Living$3,488

Affordability Index

100.83%

22. Strathmore, Alberta

Avg. Salary$54,950

Avg. Monthly Net pay$3,578

Avg. Cost of Living$3,567

Affordability Index

100.3%

23. Drayton Valley, Alberta

Avg. Salary$54,600

Avg. Monthly Net pay$3,557

Avg. Cost of Living$3,567

Affordability Index

99.73%

24. Saint Paul, Alberta

Avg. Salary$53,650

Avg. Monthly Net pay$3,503

Avg. Cost of Living$3,567

Affordability Index

98.2%

25. Medicine Hat, Alberta

Avg. Salary$52,250

Avg. Monthly Net pay$3,422

Avg. Cost of Living$3,522

Affordability Index

97.16%

26. Lacombe, Alberta

Avg. Salary$52,700

Avg. Monthly Net pay$3,448

Avg. Cost of Living$3,567

Affordability Index

96.66%

27. Camrose, Alberta

Avg. Salary$51,750

Avg. Monthly Net pay$3,393

Avg. Cost of Living$3,588

Affordability Index

94.57%

28. Brooks, Alberta

Avg. Salary$50,680

Avg. Monthly Net pay$3,331

Avg. Cost of Living$3,567

Affordability Index

93.4%

29. Drumheller, Alberta

Avg. Salary$52,050

Avg. Monthly Net pay$3,410

Avg. Cost of Living$3,675

Affordability Index

92.8%

30. Stettler, Alberta

Avg. Salary$49,960

Avg. Monthly Net pay$3,290

Avg. Cost of Living$3,567

Affordability Index

92.23%

31. Pincher Creek, Alberta

Avg. Salary$50,640

Avg. Monthly Net pay$3,329

Avg. Cost of Living$3,621

Affordability Index

91.94%

32. Barrhead, Alberta

Avg. Salary$49,080

Avg. Monthly Net pay$3,239

Avg. Cost of Living$3,567

Affordability Index

90.81%

33. Vegreville, Alberta

Avg. Salary$48,920

Avg. Monthly Net pay$3,230

Avg. Cost of Living$3,567

Affordability Index

90.55%

34. Sundre, Alberta

Avg. Salary$50,440

Avg. Monthly Net pay$3,318

Avg. Cost of Living$3,683

Affordability Index

90.08%

35. Banff, Alberta

Avg. Salary$51,000

Avg. Monthly Net pay$3,350

Avg. Cost of Living$3,791

Affordability Index

88.36%

36. Three Hills, Alberta

Avg. Salary$45,960

Avg. Monthly Net pay$3,059

Avg. Cost of Living$3,683

Affordability Index

83.07%

The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.

RankCityAvg. SalaryAvg. Monthly Net payAvg. Cost of LivingAffordability Index

01

1

Cochrane, Alberta $66,800$4,207$3,434

12251

122.52%

02

2

Canmore, Alberta $72,800$4,531$3,720

12179

121.79%

03

3

St. Albert, Alberta $68,800$4,299$3,539

12147

121.47%

04

4

Cold Lake, Alberta $65,100$4,117$3,394

12130

121.31%

05

5

Edmonton, Alberta $56,800$3,680$3,091

11905

119.05%

06

6

Okotoks, Alberta $64,400$4,080$3,528

11564

115.65%

07

7

Red Deer, Alberta $55,250$3,595$3,136

11463

114.63%

08

8

Calgary, Alberta $64,600$4,091$3,637

11247

112.48%

09

9

Hinton, Alberta $60,600$3,881$3,467

11192

111.93%

10

10

Lethbridge, Alberta $52,500$3,436$3,072

11186

111.86%

11

11

Airdrie, Alberta $61,150$3,910$3,518

11112

111.13%

12

12

Spruce Grove, Alberta $60,950$3,899$3,512

11101

111.02%

13

13

Whitecourt, Alberta $60,250$3,862$3,537

10919

109.19%

14

14

Athabasca, Alberta $60,500$3,875$3,567

10864

108.64%

15

15

High Level, Alberta $59,900$3,844$3,567

10775

107.75%

16

16

Fort Saskatchewan, Alberta $66,400$4,186$3,976

10528

105.28%

17

17

Peace River, Alberta $60,850$3,894$3,711

10492

104.92%

18

18

Grande Prairie, Alberta $59,650$3,830$3,679

10411

104.12%

19

19

Slave Lake, Alberta $59,750$3,836$3,690

10394

103.95%

20

20

Beaverlodge, Alberta $55,250$3,595$3,556

10109

101.09%

21

21

Bonnyville, Alberta $53,900$3,517$3,488

10083

100.83%

22

22

Strathmore, Alberta $54,950$3,578$3,567

10029

100.3%

23

23

Drayton Valley, Alberta $54,600$3,557$3,567

09973

99.73%

24

24

Saint Paul, Alberta $53,650$3,503$3,567

09819

98.2%

25

25

Medicine Hat, Alberta $52,250$3,422$3,522

09715

97.16%

26

26

Lacombe, Alberta $52,700$3,448$3,567

09666

96.66%

27

27

Camrose, Alberta $51,750$3,393$3,588

09456

94.57%

28

28

Brooks, Alberta $50,680$3,331$3,567

09339

93.4%

29

29

Drumheller, Alberta $52,050$3,410$3,675

09280

92.8%

30

30

Stettler, Alberta $49,960$3,290$3,567

09223

92.23%

31

31

Pincher Creek, Alberta $50,640$3,329$3,621

09194

91.94%

32

32

Barrhead, Alberta $49,080$3,239$3,567

09081

90.81%

33

33

Vegreville, Alberta $48,920$3,230$3,567

09055

90.55%

34

34

Sundre, Alberta $50,440$3,318$3,683

09007

90.08%

35

35

Banff, Alberta $51,000$3,350$3,791

08836

88.36%

36

36

Three Hills, Alberta $45,960$3,059$3,683

08306

83.07%

The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.

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Is $50,000 a good salary in Calgary, Alberta in 2024? (2024)
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