Regina is Saskatchewan’s capital city and offers Canada’s best housing affordability among major cities. With competitive household incomes driven by government and resource sector employment, combined with the lowest home prices of any major city tracked, Regina provides exceptional value for homebuyers.
Average and median income in Regina
| Metric | Regina | Saskatchewan | Canada |
|---|---|---|---|
| Average Household Income | $136,800 | $133,000 | $146,600 |
| Median Household Income | $113,400 | $114,700 | $121,000 |
Source: Statistics Canada, Census 2021 (updated with CIS 2023 trends).
Regina’s household income is slightly above the provincial average, reflecting the concentration of government jobs and professional services in the capital.
Income vs. housing affordability in Regina
| Metric | Amount |
|---|---|
| Median Household Income | $113,400 |
| Average Home Price | $319,000 |
| Price-to-Income Ratio | 2.8× |
Regina’s 2.8× ratio is the lowest of any major Canadian city tracked. The average home costs less than three years of median household income — in Toronto it’s 7.6 years and in Vancouver it’s 9.5 years. This makes homeownership accessible to the vast majority of working households.
How Regina compares to other cities
| City | Average HHI | Median HHI | Avg Home Price | Ratio |
|---|---|---|---|---|
| Regina | $136,800 | $113,400 | $319,000 | 2.8× |
| Edmonton | $155,800 | $127,600 | $396,000 | 3.1× |
| Winnipeg | $130,200 | $109,800 | $365,000 | 3.3× |
| Saskatoon | $134,600 | $112,500 | $385,000 | 3.4× |
| Calgary | $168,400 | $140,200 | $567,000 | 4.0× |
Use our mortgage affordability calculator or mortgage calculator to see what your monthly payment would be.
Key industries driving Regina income
- Provincial government — As Saskatchewan’s capital, Regina hosts the provincial legislature and government ministries, providing stable, well-compensated employment
- Oil and gas — Southern Saskatchewan’s oil production supports extraction and services companies headquartered in or near Regina
- Agriculture — A major agricultural services hub with grain handling, equipment dealers, and agricultural finance
- Co-operative sector — Federated Co-operatives Limited is headquartered in Regina, along with the Co-operators Group
- Technology — ISM Canada, SaskTel, and a growing startup scene
- Crown corporations — SaskPower, SaskTel, SGI, and SaskEnergy are all headquartered in Regina
Rental affordability in Regina
Regina has one of the most affordable rental markets among Canadian cities:
| Housing Type | Average Monthly Cost | % of Median HHI |
|---|---|---|
| 1-Bedroom Apartment | $950 | 10.1% |
| 2-Bedroom Apartment | $1,150 | 12.2% |
| 3-Bedroom House Rental | $1,500 | 15.9% |
| Average Home Mortgage (20% down) | ~$1,465 | 15.5% |
Regina’s rental costs are roughly half of what comparable units cost in Toronto and even lower than most mid-sized Ontario cities. At 15.5% of median household income, the average mortgage payment is well within the 30% affordability threshold — making Regina one of the rare Canadian cities where homeownership is genuinely accessible to median-income households.
Take-home pay: Regina vs. other cities
| Gross Salary | Regina (SK) | Calgary (AB) | Toronto (ON) | Winnipeg (MB) |
|---|---|---|---|---|
| $60,000 | $47,500 | $48,300 | $46,900 | $46,200 |
| $80,000 | $61,200 | $62,600 | $60,500 | $59,500 |
| $100,000 | $74,600 | $76,500 | $73,700 | $72,500 |
Estimates based on 2025 federal and provincial tax rates. Use our income tax calculator for your exact figure.
While Regina take-home pay is slightly below Calgary, the much lower housing costs mean a Regina household keeps more money after housing expenses than almost any other major Canadian city.
Income trends in Regina
- 2012–2014 — Oil and potash boom pushed Regina household incomes to record highs. The city experienced rapid population growth and a construction boom.
- 2015–2017 — Oil price collapse slowed income growth. However, government employment and Crown corporations provided a buffer that Saskatoon (more resource-dependent) did not have.
- 2018–2020 — Gradual stabilization. Regina’s housing prices remained remarkably flat while other Canadian cities surged.
- 2021–2025 — Renewed growth driven by potash demand, immigration-fueled population growth, and continued government investment. Regina’s home prices began to rise modestly but remain the lowest of any major city tracked.
Regina’s combination of government stability and resource sector upside makes it uniquely resilient through economic cycles — government provides a floor, while commodities provide upside.
Cost of living beyond housing
- Saskatchewan PST of 6% — Plus 5% federal GST = 11% total, lower than Ontario (13%) or Atlantic provinces (15%)
- Utilities — Average $200–$260/month. Cold winters drive heating costs, but SaskPower and SaskEnergy rates are moderate
- Auto insurance — SGI public auto insurance is generally more affordable than private-market provinces, averaging $1,200–$1,500/year
- Groceries — Close to the national average. Proximity to agricultural production helps keep food costs moderate
- Childcare — Average $700–$950/month per child, well below Toronto ($1,500+) and declining under the federal childcare initiative
Estimate your take-home pay with our income tax calculator or salary calculator.
Related tools and resources
- Regina Housing Market — Current home prices and trends
- Saskatchewan Mortgage Rates — Find the best rates
- Income Percentile Calculator — See where your income ranks
- Mortgage Affordability Calculator — How much home can you afford