A+
22%
Overall NAT. AVG.
12%
Goods & Services NAT. AVG.
77%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2020 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 Salmon Cove Newfoundland and Labrador National
Cost of living7885100
Goods & Services8888100
Groceries108108100
Health care9494100
Housing2347100
Transportation100100100
Utilities137137100

Cost Of Living Quick Facts

  • The cost of living in Salmon Cove is 9% lower than the Newfoundland and Labrador average
  • The cost of living in Salmon Cove is 22% lower than the national average
  • Salmon Cove housing is 77% lower than the national average
  • Newfoundland and Labrador general sales tax is 67% higher than the national average
  • Newfoundland and Labrador state income tax is 3% higher than the national average

Most Affordable Places to Live in and Around Salmon Cove

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Compare Salmon Cove, NL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Newfoundland and Labrador Sales Tax

      State General Sales Tax With Max Surtax
      Newfoundland and Labrador 10% 15%

      Newfoundland and Labrador Income Tax

      State Income Tax (Low) Income Tax (High)
      Newfoundland and Labrador 8.7% 18.3%

      Goods & Services

      Item Salmon Cove National avg. Difference
      Personal Care $89.00$94.335.7%
      Recreation $101.00$102.331.3%

      Groceries

      Item Salmon Cove National avg. Difference
      Meat, Poultry and Fish $97.00$102.275.1%
      Dairy Products and Eggs $104.00$104.670.6%
      Bakery and Cereal Products $106.00$111.675.1%
      Fruit and Vegetables $115.00$113.401.4%
      Alcoholic Beverages $112.00$105.805.9%

      Health Care

      Item Salmon Cove National avg. Difference
      Doctor $98.00$101.073.0%

      Housing

      Item Salmon Cove National avg. Difference
      Home Price ($) $n/a$659,395.00100.0%
      Apartment Rent ($) $n/a$2,146.00100.0%

      Transportation

      Item Salmon Cove National avg. Difference
      Gasoline $102.00$102.070.1%

      Utilities

      Item Salmon Cove National avg. Difference
      All Electricity $99.00$98.600.4%
      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.
      Heart's Desire, NL2097525.2%
      Hant's Harbour, NL3317524.9%
      Wabana, NL2,0507524.7%
      Winterton, NL4347624.4%
      Division No. 1, Subd. F, NL5657624.4%
      Salmon Cove, NL7107822.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kirby, AR710n/a 
      Ty Ty, GA710n/a 
      Stewardson, IL710n/a 
      Bardwell, KY710n/a 
      Washington Grove, MD710n/a 
      Salmon Cove, NL7107822.5%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.