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AreaScore

Housing and jobs

Housing costs, rents, incomes and jobs in Yellowknife, with comparisons and sources.

Affordability

16 · Poor
Average monthly rent$1,804/month

NT: $1,356/month · Canada: $1,209/month · 2006: $1,550/month · 2016: $1,777/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,606/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,757/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,109/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,449/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$448,000

NT: $352,000 · Canada: $472,000 · 2016: $464,141 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.8%

NT: 11.9% · Canada: 20.9% · 2006: 16.5% · 2016: 14.7% · Statistics Canada, 2021

Economy

66 · Good
Median household income$148,000

NT: $127,000 · Canada: $84,000 · 2006: $128,637 · 2016: $154,332 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.9%

NT: -1.7% · Canada: 5.2% · 2016: 1.7% · Statistics Canada, 2021

Unemployment rate5.8%

NT: 8.6% · Canada: 10.3% · 2006: 5.7% · 2016: 5.9% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.