A+
17%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
77%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Watson Lake Yukon National
Cost of living8397100
Goods & Services107107100
Groceries112112100
Health care9696100
Housing2378100
Transportation9595100
Utilities126126100

Cost Of Living Quick Facts

  • The cost of living in Watson Lake is 15% lower than the Yukon average
  • The cost of living in Watson Lake is 17% lower than the national average
  • Watson Lake housing is 77% lower than the national average
  • Yukon general sales tax is 100% lower than the national average
  • Yukon state income tax is 24% lower than the national average

Most Affordable Places to Live in and Around Watson Lake

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Compare Watson Lake, YT Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Yukon Sales Tax

      State General Sales Tax With Max Surtax
      Yukon 0% 5%

      Yukon Income Tax

      State Income Tax (Low) Income Tax (High)
      Yukon 6.4% 15%

      Goods & Services

      Item Watson Lake National avg. Difference
      Personal Care $92.00$94.332.5%
      Recreation $107.00$102.334.6%

      Groceries

      Item Watson Lake National avg. Difference
      Meat, Poultry and Fish $107.00$102.274.6%
      Dairy Products and Eggs $106.00$104.671.3%
      Bakery and Cereal Products $114.00$111.672.1%
      Fruit and Vegetables $129.00$113.4013.8%
      Alcoholic Beverages $99.00$105.806.4%

      Health Care

      Item Watson Lake National avg. Difference
      Doctor $101.00$101.070.1%

      Housing

      Item Watson Lake National avg. Difference
      Home Price ($) $n/a$659,395.00100.0%
      Apartment Rent ($) $n/a$2,146.00100.0%

      Transportation

      Item Watson Lake National avg. Difference
      Gasoline $120.00$102.0717.6%

      Utilities

      Item Watson Lake National avg. Difference
      All Electricity $93.00$98.605.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lower Post, BC551088.3%
      Upper Liard, YT1378317.2%
      Two Mile and Two and One-Half Mile Village, YT2058316.9%
      Liard River 3, BC308515.0%
      Watson Lake, YT8698317.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rainbow City, AZ869n/a 
      Alpaugh, CA869n/a 
      Matherville, IL869n/a 
      Odell, IL869n/a 
      Finzel, MD869n/a 
      Watson Lake, YT8698317.3%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.