Rankin Inlet, Nunavut Cost Of Living

C-

12%

Overall NAT. AVG.

18%

Groceries 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 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	Rankin Inlet	Nunavut	National
Cost of living	112	120	100
Groceries	118	175	100
Health care	105	103	100
Housing	87	91	100
Transportation	102	103	100
Utilities	229	220	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 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
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare 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%

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.