How Much Does It Cost To Live In Nunavut The minimum wage in Nunavut is currently 16 per hour but it will be increased to 19 an hour next year to combat inflation and the high cost of living 5 Why do people in Nunavut make so much money People in Nunavut make relatively higher incomes due to the region s economy being centered around natural resource extraction
The cost of housing in Nunavut is less expensive than Canada average and earns a score of 5 out of 10 A cost of housing score of 1 indicates most expensive while a 10 represents cheapest The following are collected for use in determining the cost of housing score square footage monthly rent home prices and utilities 14 The cost of living The cost of living is a lot more expensive in Nunavut than in other places the housing food fuel and other utility costs are very high and being a loosely populated province with a low job market that also doesn t help 15 High job turnover rate
How Much Does It Cost To Live In Nunavut
How Much Does It Cost To Live In Nunavut
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Cost of Living in Nunavut If you want to live and work in Nunavut you may be interested in knowing about the basic expenses so you can budget accordingly Below we give you a breakdown of the cost of living by utilizing various factors that can influence your expenses Things to do in Nunavut Whether you re settling or traveling around The cost of living in Nunavut specifically in Iqaluit is relatively high The average cost of living per month for a single person who rents a home in Iqaluit is 3 671 This average takes into consideration factors such as housing transportation groceries and entertainment
Territories Yukon Northwest Territories Nunavut Average monthly cost for a single person 3 500 4 500 Average monthly cost for a family of four 6 800 7 800 How much money do you need to live comfortably in Canada To live comfortably in Canada Nunavut offers a lifestyle distinct from bustling urban centers For those seeking adventure and novelty living in Nunavut can provide a refreshing change of pace and an opportunity to connect with the land and its people 6 Cons High Cost of Living The cost of living in Nunavut is considerably higher than in other parts of Canada
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The cost of living in Nunavut particularly in Iqaluit is relatively high The average cost of living per month for a single person who rents is 3 671 which includes housing transportation groceries and entertainment The cost of living in Nunavut Canada is 40 higher than national average See what it costs to live in Nunavut and the quality of life
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How Much Does It Cost To Live In Nunavut - Territories Yukon Northwest Territories Nunavut Average monthly cost for a single person 3 500 4 500 Average monthly cost for a family of four 6 800 7 800 How much money do you need to live comfortably in Canada To live comfortably in Canada