Rankin Inlet, Nunavut Cost Of Living

C-

12%

Overall NAT. AVG.

0%

Goods & Services NAT. AVG.

13%

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 is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Rankin Inlet	Nunavut	National
Cost of living	112	120	100
Goods & Services	100	102	100
Groceries	118	175	100
Health care	105	103	100
Housing	87	91	100
Transportation	102	103	100
Utilities	229	220	100

Cost Of Living Quick Facts

The cost of living in Rankin Inlet is 7% lower than the Nunavut average
The cost of living in Rankin Inlet is 12% higher than the national average
Rankin Inlet housing is 13% lower than the national average
Nunavut general sales tax is 100% lower than the national average
Nunavut state income tax is 53% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Nunavut Sales Tax

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

Nunavut Income Tax

State	Income Tax (Low)	Income Tax (High)
Nunavut	4%	11.5%

Goods & Services

Item	Rankin Inlet	National avg.	Difference
Personal Care	$99.00	$95.07	4.1%
Recreation	$98.00	$101.73	3.7%

Groceries

Item	Rankin Inlet	National avg.	Difference
Meat, Poultry and Fish	$106.00	$102.47	3.4%
Dairy Products and Eggs	$105.00	$106.00	0.9%
Bakery and Cereal Products	$117.00	$111.87	4.6%
Fruit and Vegetables	$120.00	$112.87	6.3%
Alcoholic Beverages	$116.00	$106.80	8.6%

Health Care

Item	Rankin Inlet	National avg.	Difference
Doctor	$110.00	$101.07	8.8%

Housing

Item	Rankin Inlet	National avg.	Difference
Home Price ($)	$580,952.00	$665,961.00	12.8%
Apartment Rent ($)	$n/a	$2,146.00	100.0%

Transportation

Item	Rankin Inlet	National avg.	Difference
Gasoline	$114.00	$102.53	11.2%

Utilities

Item	Rankin Inlet	National avg.	Difference
All Electricity	$101.00	$98.80	2.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Rankin Inlet, NU	3,151	112	11.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Point Baker, FL	3,150	n/a
Mars Hill, NC	3,152	n/a
Mount Morris, NY	3,152	n/a
Doylestown, OH	3,149	n/a
Blackhawk, SD	3,149	n/a
Rankin Inlet, NU	3,151	112	11.8%

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