Saskatchewan’s resource-rich economy delivers individual incomes close to the national average, while housing costs remain among the lowest of any major Canadian market. This combination makes Saskatchewan one of the most affordable provinces for homeownership relative to average income.
Average and median income in Saskatchewan
| Metric | Amount | vs. Canada |
|---|---|---|
| Average Individual Income | $55,100 | -$1,000 |
| Median Individual Income | $44,000 | -$200 |
| Average Household Income | $133,000 | -$13,600 |
| Average After-Tax HHI | $111,000 | -$9,600 |
| Median Household Income | $114,700 | -$6,300 |
| Median After-Tax HHI | $100,400 | -$4,400 |
Source: Statistics Canada, Canada Income Survey 2023.
Saskatchewan’s median individual income of $44,000 is nearly equal to the national median, though household income is below average. Use our salary calculator to see your Saskatchewan after-tax take-home pay.
Average household income by city in Saskatchewan
| City | Average HHI | Median HHI | Avg Home Price |
|---|---|---|---|
| Regina | $136,800 | $113,400 | $319,000 |
| Saskatoon | $134,600 | $112,500 | $385,000 |
Income vs. housing affordability in Saskatchewan
Saskatchewan offers some of the best affordability in Canada:
| City | Median HHI | Avg Home Price | Price-to-Income Ratio |
|---|---|---|---|
| Regina | $113,400 | $319,000 | 2.8× |
| Saskatoon | $112,500 | $385,000 | 3.4× |
Regina’s 2.8× price-to-income ratio is the lowest of any major Canadian city tracked — meaning the average home is less than three years’ household income. Compare to Toronto at 7.6× or Vancouver at 9.5×.
Key industries driving Saskatchewan income
- Agriculture — Saskatchewan is Canada’s breadbasket, leading the country in wheat, canola, lentils, and other crop production. Farm operators and agricultural services provide strong incomes in rural areas.
- Potash and mining — Saskatchewan produces roughly 30% of the world’s potash supply. Mining jobs command premium wages.
- Oil and gas — The province’s oil production, particularly in the Bakken formation, supports high-paying extraction and services jobs.
- Uranium — Saskatchewan is one of the world’s largest uranium producers, with mining operations in northern Saskatchewan.
- Government and public services — Regina, as the provincial capital, has significant public sector employment.
- Construction — Growing infrastructure investment and steady housing demand support the trades sector.
Saskatchewan’s tax environment
- PST of 6% — Lower than most provinces; combined with 5% GST for 11% total
- Competitive income tax rates — Saskatchewan’s provincial rates (10.5% to 14.5%) are lower than most provinces
- No health premium — Unlike Ontario
Saskatchewan’s lower tax burden compared to provinces like Quebec or Ontario helps residents retain more of their earnings. Estimate your exact take-home with our income tax calculator.
How Saskatchewan compares to other provinces
| Province | Avg Individual Income | Median Individual Income | Avg HHI |
|---|---|---|---|
| Alberta | $64,200 | $49,400 | $161,900 |
| Ontario | $58,700 | $44,900 | $154,700 |
| Saskatchewan | $55,100 | $44,000 | $133,000 |
| Manitoba | $50,300 | $40,800 | $128,500 |
| Canada | $56,100 | $44,200 | $146,600 |
Saskatchewan’s individual incomes are competitive nationally, and the low cost of housing makes it one of the best provinces for building wealth through homeownership. Use our income percentile calculator to see how your income ranks.
Related tools and resources
- Income Percentile Calculator — See where your income ranks in Canada
- Salary Calculator — Calculate your Saskatchewan after-tax pay
- Income Tax Calculator — Estimate your Saskatchewan income tax
- Saskatchewan Mortgage Rates — Find the best rates
- Saskatchewan Housing Market — Current home prices and trends
- Mortgage Affordability Calculator — How much home can you afford