Edmonton · C$55,000 – C$75,000 · moderate cost city
Savings rate in Edmonton on C$55,000 – C$75,000 — are you on track?
Earning C$55,000 – C$75,000 in Edmonton? Based on Statistics Canada SHS 2023, people at this income level in Canada typically save around 8% of gross income. Enter your actual costs below to see how you compare.
Pre-set for Edmonton · C$55,000 – C$75,000 — adjust to your situation
What 8% savings means in Edmonton
Using Statistics Canada SHS 2023, people earning C$55,000 – C$75,000 in Canada save around 8% of gross income on average. In Edmonton — a moderate cost city — housing costs typically run 4–14% of income, which leaves reasonable room to hit or beat the benchmark.
Minimum
4%
floor — not building
Expected
8%
mid-income benchmark
Strong
20%
top tier
Source: Statistics Canada SHS 2023. Benchmarks shown for mid-income earners in Canada.
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