Nunavut Premier Eva Aariak announced Thursday she will not seek a second term, but there are close to 200,000 reasons why she may consider changing her mind.

It may surprise some to learn that the premier of Nunavut, which has a population of roughly 32,000, earns $193,499, according to figures from the recent "Who Earns What" issue of Maclean’s magazine.

Aariak is actually the fourth highest-paid premier in Canada, topping leaders of several bigger provinces (by population) like British Columbia, Quebec, and Saskatchewan. Alberta Premier Alison Redford tops the list with a salary of $211,000, followed by Ontario Premier Kathleen Wynne at $209,272 and Nova Scotia's Darrell Dexter at $196,103.

Of course, the cost of living is much, much higher in Canada's North. Food prices are sky-high and other manufactured goods like clothing cost considerably more because they must be shipped thousands of kilometres by plane or ship.

Aariak, just the territory's second leader since its founding in 1999, says she will run in the territorial election on Oct. 28, but won't allow her name to stand for premier. Under Nunavut's unique consensus form of government, elected members of the legislature meet to choose their leader by secret ballot.

The 58-year-old representative for Iqaluit East became premier in 2008 after defeating Paul Okalik, but now thinks five years in the top job is enough, telling CBC North Radio it was "somebody else's turn."

"It's a big commitment," she said. "I want people out there who are thinking about running as premier to have enough time."

According to Northern News Services Online, members of Nunavut's legislative assembly earn a base salary of $90,396, with additional pay for sitting in cabinet or on committees.

That’s actually more than the $87,631 a year that Yukon Premier Darrell Pasloski earns.

Aariak's administration has seen major policy initiatives around education and health, including a territorial policy on suicide prevention, a major problem in Nunavut.

Her government has also extracted a promise from Prime Minister Stephen Harper to open negotiations on transferring control over Crown lands and resources to the territory.

Check out the slideshow below to learn just how much your premier earns each year.

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  • How Much Do Our Premiers Make?

    The following numbers come from Maclean's magazine's <a href="http://www2.macleans.ca/2013/08/20/who-earns-what/" target="_blank">"Who Earns What" </a>issue released in August, 2013.

  • Alberta Premier Alison Redford

    <strong>Salary: $211,000</strong>

  • Ontario Premier Kathleen Wynne

    <strong>Salary: $209,272</strong>

  • Nova Scotia Premier Darrell Dexter

    <strong>Salary: $196,103</strong>

  • Nunavut Premier Eva Aariak

    <strong>Salary: $193,499</strong>

  • Quebec Premier Pauline Marois

    <strong>Salary: $180,781</strong>

  • British Columbia Premier Christy Clark

    <strong>Salary: $177,888</strong>

  • Northwest Territories Premier Bob McLeod

    <strong>Salary: $177,654</strong>

  • Newfoundland and Labrador Premier Kathy Dunderdale

    <strong>Salary: $167,765</strong>

  • New Brunswick Premier David Alward

    <strong>Salary: $162,765</strong>

  • Saskatchewan Premier Brad Wall

    <strong>Salary: $154,247</strong>

  • Manitoba Premier Greg Selinger

    <strong>Salary: $141,508</strong>

  • Prince Edward Island Premier Robert Ghiz

    <strong>Salary: $136,438</strong>

  • Yukon Premier Darrell Pasloski

    <strong>Salary: $87,631</strong>

  • UP NEXT: Canadian Politicians Who Smoked Pot

  • Rob Ford

    Toronto Mayor Rob Ford says he has had his <a href="http://www.huffingtonpost.ca/2013/08/28/rob-ford-marijuana-wynne_n_3831389.html" target="_blank">fair share of marijuana</a>. "Oh, yeah. I've smoked a lot of it."

  • Justin Trudeau

    The federal Liberal leader opened up to HuffPost about his experience with marijuana in August. "Sometimes, I guess, I have gotten a buzz, but other times no. I’m not really crazy about it.”

  • Tom Mulcair

    The Opposition leader's office told HuffPost this summer that Mulcair <a href="http://www.huffingtonpost.ca/2013/08/22/justin-trudeau-marijuana-peter-mackay_n_3797481.html" target="_blank">has smoked in the past</a> but not since he was elected to office. Mulcair was elected to the National Assembly of Quebec in 1994.

  • Jim Flaherty

    Said the <a href="http://www.mapinc.org/drugnews/v02/n506/a09.html" target="_blank">Tory finance minister</a>: "Yeah, in my teenage years... a couple of times, I have to admit: I didn’t like it."

  • Marc Garneau

    The Liberal MP and Canada's first astronaut said he tried marijuana as a <a href="http://www.cbc.ca/player/News/Politics/Power+%26+Politics/ID/2402495133/" target="_blank">student in the 1970s in England. </a> "It's not my thing. I stopped because it wasn't doing anything for me."

  • Kathleen Wynne

    The premier of Ontario said she <a href="http://www.huffingtonpost.ca/2013/08/28/kathleen-wynne-marijuana-pot_n_3830736.html?utm_hp_ref=canada-politics" target="_blank">smoked pot decades ago</a>. "I have smoked marijuana but not for the last 35 years."

  • Darrell Dexter

    Said the <a href="http://www.huffingtonpost.ca/2013/08/29/darrell-dexter-marijuana-pot_n_3837009.html?utm_hp_ref=canada-politics" target="_blank">premier of Nova Scotia</a>: "Like every other person I knew back in the '70s when I went to university, some of whom are actually in this room, I would have tried it, the same as other people at that time."

  • Christy Clark

    Said the <a href="http://www.huffingtonpost.ca/2012/05/01/christy-clark-marijuana-use-pot_n_1469321.html" target="_blank">premier of British Columbia</a>: "I graduated from Burnaby South Senior Secondary in 1983 and there was a lot of that going on when I was in high school and I didn't avoid it all together."

  • Tim Hudak

    The leader of the Progressive Conservative Party of Ontario admitted he's <a href="http://www.thestar.com/news/canada/2011/08/18/hudak_admits_to_smoking_pot.html" target="_blank">puffed in the past.</a> "I was a normal kid, I had a normal upbringing, a normal life in university. I experimented from time to time with marijuana. It’s a long time ago in the past and in the grand scheme of things."

  • Paul Martin

    The former prime minister of Canada <a href="http://www.ctvnews.ca/" target="_blank">told CTV News</a>: "The answer is: I never smoked. I never smoked anything, but there was an earlier time, years ago, when (my wife) made some brownies and they did have a strange taste."

  • Kim Campbell

    The former prime minister admitted while running for the leadership of the Progressive Conservatives that <a href="http://fullcomment.nationalpost.com/2013/08/22/chris-selley-trudeau-pot-revelation-underscores-one-of-his-few-actual-policy-positions/" target="_blank">she tried weed.</a> "And I inhaled the smoke."

  • Jack Layton

    Said the former NDP leader: "Yes, and some might say I never exhaled."

  • Dalton McGuinty

    The former premier of Ontario said he <a href="http://www.cfdp.ca/cita99.htm" target="_blank">experimented in his teens</a>, but only twice.

  • Brad Wall

    The premier of Saskatchewan said he was an <a href="http://www.canada.com/topics/news/politics/story.html?id=f23471e8-be96-46cf-9c1f-b43d5c497cdd" target="_blank">"infrequent" user back in university.</a> "It didn't really do anything for me, luckily, because for some, it does lead to other things."

  • UP NEXT: Celebs Smoking Pot

  • Snoop Dogg

    The rapper's 18-year-old son, Corde Calvin Broadus, caused a stir when he <a href="http://www.digitalspy.com/celebrity/i435058-16/twitterinstagram-pics-of-2012-snoop-dogg-and-son-corde-calvin-broadus.html">shared this photo of him</a> smoking with his famous weed-loving dad.

  • Soulja Boy, Wiz Khalifa

    Is that smoke, or a new Instagram filter? Soulja Boy<a href="http://www.huffingtonpost.com/2013/01/03/soulja-boy-wiz-khalifa-smoke-up-photo_n_2402221.html"> tweeted a photo </a>of what appears to be him and pal Wiz Khalifa smoking out a giant bong on Jan. 3.

  • Chris Brown

    "Oh don't worry," Brown wrote on this <a href="http://instagram.com/p/SzQdSKPpVR/">Instagram photo </a>he shared in December, from Amsterdam. "It's medicinal!! Lol."

  • Kristen Stewart

    <a href="http://www.vanityfair.com/online/daily/2012/06/kristen-stewart-responds-critics-shit-eaters-vanity-fair">In a 2012 Vanity Fair article</a>, Stewart addressed the photos taken of her smoking out of a pipe in 2008. "You can Google my name and one of the first things that comes up is images of me sitting on my front porch smoking a pipe with my ex-boyfriend and my dog," she said. "I was a kid. I had just turned 18. In [the tabloids] the next day it was like I was a delinquent slimy idiot, whereas I’m kind of a weirdo, creative Valley Girl who smokes pot. Big deal.”

  • Rihanna

    Dressing up as <a href="http://www.huffingtonpost.com/2012/11/02/rihanna-topless-singer-post-halloween-lok_n_2066153.html">"The Bride of Mary Jane"</a> (get it?) for Halloween wasn't enough. Rihanna shared this controversial picture at the start of the New Year, with the caption: "This nug look like a skull or am I just....?"

  • Miley Cyrus

    A video of <a href="http://www.tmz.com/2010/12/10/miley-cyrus-video-bong-hit-smoking-salvia-herb-pyschedelic-birthday-party-hannah-montana/">Miley Cyrus partying with a bong </a>just after her 18th birthday became instant tabloid fodder when it hit the internet in 2010. Her reps say that she was actually smoking the herb salvia.

  • Michael Phelps

    Yup. That's Olympic Gold medalist <a href="http://sports.espn.go.com/oly/swimming/news/story?id=3876804">Michael Phelps smoking out of a bong</a>, published in the now-defunct British rag News of the World in 2009.

  • Lady Gaga

    Lady Gaga smoked a spliff onstage at a concert in -- duh -- Amsterdam. About marijuana, <a href="http://www.huffingtonpost.com/2012/09/19/lady-gaga-weed-singer-wondrous-marijuana_n_1897486.html">she told the audience</a>: "I want you to know it has totally changed my life and I've really cut down on drinking. It has been a totally spiritual experience for me with my music."

  • Justin Bieber

    Last week, <a href="http://www.huffingtonpost.com/2013/01/05/justin-bieber-smoking-pot-photos-emerge-teen-star-partying_n_2415401.html">photos emerged </a>of what appears to be Bieber smoking marijuana inside a Newport Beach hotel room on Jan. 2. "Everyday growing and learning. trying to be better. u get knocked down, u get up," Bieber tweeted not long after the reports trickled through. "Back on tour tomorrow. ready to see u all smile. time to do what im supposed to be doing. performing. #BELIEVEtour."

  • UP NEXT: Successful People Who Have Smoked Pot

  • Barack Obama

    President Barack Obama has admitted to smoking marijuana and using cocaine <a href="http://www.nytimes.com/2008/02/09/us/politics/09obama.html?pagewanted=all&_r=0">during his high school and college days</a>. "When I was a kid, I inhaled often," <a href="http://www.nytimes.com/2006/10/24/world/americas/24iht-dems.3272493.html">he once told magazine editors, according to The New York Times</a>. "That was the point."

  • Steve Jobs

    Apple co-founder Steve Jobs' use of LSD in his younger days is well-documented. He once called the experience <a href="http://www.thefiscaltimes.com/Articles/2011/10/24/Steve-Jobs-10-Revealing-Quotes-from-His-Biography.aspx#zqEbfO6jmqxtvYKB.99">"one of the most important things in my life."</a> His use of the drug was even noted in an <a href="http://www.wired.co.uk/news/archive/2012-02/10/steve-jobs-fbi">FBI background check</a>, according to Wired.

  • Bill Clinton

    President Bill Clinton famously admitted to trying marijuana while completing his Rhodes scholarship at Oxford. "When I was in England I experimented with marijuana a time or two, and I didn’t like it," <a href="http://www.nytimes.com/1992/03/30/us/the-1992-campaign-new-york-clinton-admits-experiment-with-marijuana-in-1960-s.html?gwh=B1648339901F9BBAADA0D9EC8C030343">The New York Times reported in 1992</a>. "I didn’t inhale it, and never tried it again.”

  • Richard Branson

    Virgin Group chairman and founder <a href="http://www.cnn.com/2012/12/06/opinion/branson-end-war-on-drugs">Richard Branson is an outspoken advocate of marijuana legilization</a>, once writing an op-ed for CNN that called for an end to the war on drugs. He reportedly asked <a href="http://www.politico.com/news/stories/0312/74111.html">President Obama during a White House visit if he could "have a spliff"</a> in 2012. "They didn't have any," he added.

  • Michael Bloomberg

    New York City Mayor and Bloomberg L.P. founder Michael Bloomberg found himself in hot water when he admitted to smoking marijuana back in 2002, The New York Times reports. When asked by a reporter if he had ever tried pot, he responded: <a href="http://www.nytimes.com/2002/04/10/nyregion/bloomberg-says-he-regrets-marijuana-remarks.html">"You bet I did. And I enjoyed it."</a>

  • Hugh Hefner

    Playboy founder Hugh Hefner credits his use of marijuana later in life with changing his perspective on sex. "I didn't know what making love was all about for all those years," Hefner <a href="http://www.foxnews.com/entertainment/2010/11/23/hugh-hefner-talks-monogomy-miley-cyrus-marijuana/">who supports legalization</a> is quoted as saying in <em><a href="http://www.amazon.com/High-In-America-Politics-Marijuana/dp/0670119903">High In America: The True Story Behind NORML</a></em>. <a href="http://www.druglibrary.org/special/anderson/highinamerica8.htm">"Smoking helped put me in touch with the realm of the senses."</a>

  • George Soros

    Billionaire investor George Soros is a known supporter of marijuana legalization and even wrote a 2010 Wall Street Journal op-ed rather straight-forwardly entitled <a href="http://online.wsj.com/article/SB10001424052702303467004575574450703567656.html">"Why I Support Legal Marijuana."</a> His <a href="http://www.aim.org/special-report/the-hidden-soros-agenda-drugs-money-the-media-and-political-power/">use of the drug may be far less proflific</a>, however. He told Reuters in 1997 that while he had "enjoyed" trying marijuana, <a href="http://www.mpp.org/outreach/top-50-marijuana-users-list.html">"it did not become a habit and I have not tasted it in many years."</a>

  • Jimmy Cayne

    Jimmy Cayne, former CEO of Bear Stearns, kept an<a href="http://www.businessinsider.com/wall-street-cocaine-stories-2012-7?op=1"> antacid bottle full of cocaine</a> in his desk, according to the book <a href="http://books.google.com/books/about/The_Sellout.html?id=Jq030Cp_SjQC">The Sellout</a>.

  • Sarah Palin

    The former vice presidential candidate and reality TV star told Anchorage Daily News back in 2006 that she couldn't <a href="http://www.cbsnews.com/stories/2008/08/29/politics/politico/thecrypt/main4397109.shtml">"claim a Bill Clinton and say that I never inhaled,”</a> CBS News reports.

  • Bill Gates

    Bill Gates, chairman and co-founder of Microsoft, hinted at once using LSD and marijuana in a <a href="http://ei.cs.vt.edu/~history/Bill.Gates.html">1994 interview with Playboy</a>. Likewise, <a href="http://www.amazon.com/Gates-Microsofts-Reinvented-Industry-Himself/dp/0671880748">biographer Stephen Manes</a> wrote that "<a href="http://www.mpp.org/outreach/top-50-marijuana-users-list.html">Gates was certainly not unusual there</a> [around drugs]. Marijuana was the pharmaceutical of choice…”

  • Larry Kudlow

    Former Ronald Reagan economic adviser and current CNBC host Larry Kudlow is reported to have both smoked marijuana and <a href="http://www.guardian.co.uk/money/2000/nov/29/workandcareers.madeleinebunting">used cocaine frequently</a> at periods in his life. After being fired from Bear Sterns in the mid-1990s, <a href="http://books.google.com/books?id=bOQCAAAAMBAJ&pg=PA38&dq=kudlow+cocaine&ei=VCR0S9XdEpG2NJDq0bsE&cd=1#v=twopage&q&f=true">Kudlow entered a rehabilitation program to deal with his cocaine addiction</a>, according to New York Magazine.

With files from The Canadian Press

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