Citizens Economy Reportโ€บCitiesโ€บSaskatoon
Cost of Living Report ยท 2026

Cost of Living in Saskatoon, Saskatchewan

Since January 2021, residents of Saskatoon have faced significant increases in rent, groceries, and everyday expenses. Here's what the data shows.

Rent increase since 2021
+34%
~$1,050 โ†’ ~$1,410/mo (2BR)
Food prices since 2021
+27.4%
Groceries, restaurants combined
National inflation (CPI)
+18.7%
Jan 2021 โ€“ Jul 2026

๐Ÿ“ Saskatoon at a Glance

  • โ€ขPrairie affordability leader โ€” rent up 34% since 2021
  • โ€ขFood prices up 27.4% โ€” above national average
  • โ€ขStrong agriculture and potash economy

Saskatchewan Cost Breakdown

Average 2-bedroom rent
Regina/Saskatoon avg ~$1,050 (2021) โ†’ ~$1,410+ (2025)
+34%
Food prices (SK)
+27.4%

Provincial figures apply across Saskatchewan. City-specific data noted where available.

How Saskatoon Compares to the National Average

CategorySaskatoon / SaskatchewanCanada (National)
Rent (2BR)+34%+35%
Food prices+27.4%+26.3%
Shelter CPIโ€”+33.2%
Overall inflationโ€”+18.7%

๐Ÿ›๏ธ Who's Responsible?

Cost of living is shaped by decisions made at all three levels of government. Housing affordability, taxation, transit, and local services are all within the power of elected and appointed officials.

Have you experienced these cost increases?

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Source: Statistics Canada, CMHC. Baseline: January 2021. Last updated: July 2026. Figures represent cumulative change Jan 2021โ€“Jul 2026. Provincial averages applied where city-specific data is unavailable. Full methodology โ†’