Life in Yellowknife isn't getting any cheaper.
The NWT Bureau of Statistics just released its latest consumer price index (CPI) numbers, or inflation rate. In Yellowknife, it's increased 2.6 per cent from last year. But while food, clothes and shelter are up in costs, gasoline is cheaper.
"In Yellowknife, consumer prices rose in six of the eight major components compared to one year ago including food at 5.4 per cent, shelter at 3.9 per cent and clothing & footwear at 3.6 per cent," wrote the bureau. "The increase in food prices included fish and seafood, meat, and fruit and nuts, all rising by over 8 per cent between June 2024 and June 2025. Food from restaurants rose by 6.0 per cent over the same period.
"Looking at energy and its components, both gasoline and fuel oil and other fuels decreased by 11.6 per cent and 6.7 per cent, respectively. In contrast, electricity increased by 3.2 per cent over the last 12 months."
Yellowknife's CPI jump is only slightly behind Whitehorse, which saw an overall 2.8 per cent jump in prices. Iqaluit, on the other hand, saw a mere 0.9 per cent increase in CPI. Further south, Edmonton saw an overall 1.7 per cent increase in CPI.
Prices Canada-wide increased an average of 1.9 per cent.
"All provinces experienced price increases ranging from 2.2 per cent in Manitoba to 0.8 per cent in Prince Edward Island," the bureau added.
