Salary status · Below comfortable threshold~4th percentile · Below Average

Is $15K a Good Salary in Northwest Territories? 2026 Take-Home Pay & Cost of Living

$15K
gross / year
$1,106 / month take-home in Northwest Territories
Verdict
Tight for Northwest Territories on one income

Honestly, $15K in Northwest Territories is tight for a single adult — you'll cover essentials but saving is hard.

Monthly take-home
$1,106
$13,273/yr net
Est. monthly savings
$0
After typical expenses
Housing pressure
High
Rent in Northwest Territories
Effective tax
11.5%
On $15,000 gross
Affordability

Where your monthly paycheck goes

Visual split of a typical single-adult budget against your take-home pay.

High pressureMonthly flexibility · 0% of take-home
Money left after essentials
CA$0/mo
High pressure budget
Rent (1BR avg)CA$1,800100%
Food & groceriesCA$51246%
TransportCA$58653%
Utilities, health, extrasCA$1,238100%
Leftover / savingsCA$00%
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Take-home pay breakdown

Gross / year
$15,000
Net / year
$13,273
Net / month
$1,106
Effective tax
11.5%

Where your paycheck actually goes

Approximate split of CA$15,000 gross — federal, state/provincial, social, and what lands in your account.

Federal income tax
CA$712
5%
Provincial income tax
CA$632
4%
Social contributions
CA$383
3%
Take-home (net)
CA$13,273
88%
What this means in real life

At $15K/year in Northwest Territories, a single adult typically clears about $1,106/month after tax. Rent on a 1-bedroom averages $1,800, leaving roughly $0 for everything else. Without roommates or a cheaper neighborhood like Hay River, this income usually means living paycheck to paycheck.

Lifestyle verdict
Difficult without trade-offs

In Northwest Territories, $15K is tight for a single adult — roommates, a cheaper neighborhood like Hay River, or a side income make the math work. A family on this alone would struggle.

How it stacks up in Northwest Territories

Local median household$130,000
This salary$15,000
1.5× median$195,000

Roughly the 4th percentile of Northwest Territories households. Below Average.

Who can comfortably live on this?

Same take-home pay, three very different realities.

Single adult
Stretched

One income, one rent.

Budget: CA$4,136/mo
Short: CA$3,030/mo
Couple, no kids
Stretched

Shared rent, two earners possible.

Budget: CA$5,723/mo
Short: CA$4,617/mo
Family (2 adults + kids)
Stretched

Bigger apartment, childcare, more food.

Budget: CA$7,033/mo
Short: CA$5,927/mo
Reality check

What can you actually afford in Northwest Territories with $15K?

A realistic monthly breakdown for a single adult — rent in Yellowknife, food, transport, insurance, and what's left to save. Tuned to the cost of living in Northwest Territories.

Net / month
$1,106
Typical spend
$4,136
100% of net
Monthly leftover
$0
0% saveable
Spent 100%Saved 0%
  • Rent in Yellowknife

    $1,800/mo
    1-bedroom, average neighborhood
  • Food & groceries

    $512/mo
    Cooking mostly, eating out 1–2×/week
  • Car & transport

    $586/mo
    Fuel, insurance, public transit
  • Health & insurance

    $390/mo
    Coverage, dental, prescriptions
  • Utilities & internet

    $238/mo
    Power, water, mobile, broadband
  • Entertainment & dining

    $268/mo
    Streaming, restaurants, weekends
  • Savings potential

    $0/mo
    What's left after a typical month
Lifestyle insight

With $15K in Northwest Territories, a single adult is essentially break-even in Yellowknife — covering rent and basics, but with little room to save without roommates or a cheaper neighborhood.

People love reality. Not just taxes.

Lifestyle & affordability

What life actually looks like on this salary

Can you live comfortably on this in Northwest Territories?

  • Tight

    Publicly funded healthcare removes a major US-style cost line

  • Tight

    Housing in Yellowknife dominates the budget

  • Tight

    Winter heating + transit costs add real seasonal pressure

$15K in Northwest Territories is shaped by Canadian housing pressure in the biggest cities and the cushion of publicly funded healthcare.

On $15K, Yellowknife is typically a flatshare or suburb story; smaller cities in Northwest Territories support solo living more easily.

Winter utilities and transit reshape the monthly budget from late autumn through spring.

Reality check

$15K in Northwest Territories is tight in Yellowknife; much more comfortable in smaller cities.

Lifestyle snapshot

1-bed in the suburbs or a smaller city, transit pass, modest but real savings.

Reality check

How rich you actually feel

A reality-based view of $15K in Northwest Territories — after taxes, rent, and everyday costs.

Lifestyle classNorthwest Territories
Below comfortable threshold

This income runs tight in most of Northwest Territories — housing and essentials absorb most of the paycheck.

Higher than 4% of earners · Top 96%
Financial flexibility
15/100
Limited flexibility
Blends leftover income, rent burden, savings ability and tax weight.
Income percentile
Top 96%
in Northwest Territories
Higher than 4% of earners
Rent stress
100%
of take-home on typical rent
High urban housing pressure
Savings power
$0/mo
$0/year potential
Take-home: $1,106/mo
Purchasing power
  • Comfortable solo apartment
  • Reliable car ownership
  • Dining out several times/week
  • Moderate travel flexibility
  • Luxury neighborhoods
Compare this salary

Monthly budget for a single adult in Northwest Territories

Below typical living costs by about 3030/month. Workable only with cheaper housing, roommates, or lower-cost cities in the region.

Housing (rent + insurance)
CA$1,800
44%
Transportation
CA$586
14%
Groceries
CA$512
12%
Utilities & internet
CA$238
6%
Healthcare
CA$390
9%
Entertainment & dining
CA$268
6%
Misc & personal
CA$342
8%
Total
$4,136
Surplus / month
-$3,030

Savings potential

With a typical single-adult budget, you could put away roughly $0/year — about 0% of take-home pay. Cheaper housing or living outside Yellowknife can lift this significantly.

Savings rate0%

Try your own numbers

All math runs locally in your browser — nothing is saved.

Tight
$
$
$
Net / month
CA$1,106
Leftover / month
-CA$3,030
Rent share
163%

Tip: housing experts suggest keeping rent under 30% of take-home pay. You're at 163%.

Rent share of take-home

Average rent in Northwest Territories: $1,800 (1BR) · $2,200 (2BR).

1BR rent vs net monthly163%
2BR rent vs net monthly199%

Salary ladder in Northwest Territories

  1. $5KTight
    Take-home / mo
    $369
    Save
    $0/mo
    Pctl
    1th
    $737/mo

    Roommates likely needed in Yellowknife.

  2. $10KTight
    Take-home / mo
    $737
    Save
    $0/mo
    Pctl
    3th
    $369/mo

    Roommates likely needed in Yellowknife.

  3. $15KTight
    Take-home / mo
    $1,106
    Save
    $0/mo
    Pctl
    4th

    Roommates likely needed in Yellowknife.

    You are here
  4. $20KTight
    Take-home / mo
    $1,421
    Save
    $0/mo
    Pctl
    5th
    +$315/mo

    Roommates likely needed in Yellowknife.

  5. $25KTight
    Take-home / mo
    $1,727
    Save
    $0/mo
    Pctl
    6th
    +$621/mo

    Roommates likely needed in Yellowknife.

What changes if you earn more?

Going from $15K to $25K in Northwest Territories:

Take-home / month
+$621
Est. monthly savings
+$0
Rent burden
−58.5pp

Compare $15,000 across countries

Explore other salary ranges in Northwest Territories

Compare with neighboring provinces
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Common questions

These estimates are approximate and may vary by city, taxes, rent, family size, and personal spending. Use them as a starting point, not a substitute for personalised financial or tax advice.

Last updated: 2026. Estimates use simplified federal + province tax models and median rent figures.