Faro, Yukon Cost Of Living

A+

2%

Overall NAT. AVG.

15%

Groceries NAT. AVG.

14%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2025 and was released from Statistics Canada.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Faro	Yukon	National
Cost of living	102	102	100
Groceries	115	115	100
Health care	95	95	100
Housing	86	88	100
Transportation	96	96	100
Utilities	129	129	100
Lifestyle & Entertainment	n/a	n/a	n/a
Household Items	n/a	n/a	n/a
Education & Childcare	n/a	n/a	n/a

Cost Of Living Quick Facts

The cost of living in Faro is 1% lower than the Yukon average
The cost of living in Faro is 2% higher than the national average
Faro housing is 14% lower than the national average
Yukon general sales tax is 100% lower than the national average
Yukon state income tax is 24% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Yukon Sales Tax

State	General Sales Tax	With Max Surtax
Yukon	0%	5%

Yukon Income Tax

State	Income Tax (Low)	Income Tax (High)
Yukon	6.4%	15%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Faro, YT	380	102	1.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Shiloh, AL	380	n/a
Brandon, IA	380	n/a
Farmersburg, IA	380	n/a
Seatonville, IL	380	n/a
Oneida, KY	380	n/a
Faro, YT	380	102	1.7%

Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.