Minimum earnings for a comfortable life in Canada

Minimum earnings for a comfortable life in Canada

When you examine the cost of groceries, rent, wages, and other indicators, you can draw conclusions about the standard of living in Canada.

When looking for a job, job seekers always look at salary, which in most cases is a key factor in the response. A salary in one city may seem exorbitant compared to another and vice versa. But the cost of living can also be radically different.

The 4 largest cities in Alberta were used in the comparative analysis.

Calgary

Calgary is the most expensive city to live in. Rent is cheaper here than in British Columbia and Ontario cities. After comparing prices, the following conclusions were made. One adult in Calgary spends:

  • $1,374 CAD for groceries, transport and other monthly needs;
  • It costs $1,546 CAD to rent a one-bedroom apartment in the centre;
  • $90 CAD — lunch for two at a restaurant for 3 courses.

Statistically, the average net monthly salary in Calgary is $4,845.89 CAD after taxes.

Edmonton

This city is further north but is considered one of the popular cities among Canadians and immigrants alike. Edmond is cheaper than Calgary.

By counting at independent living:

  • $1,312 CAD is spent on groceries, transport, and other monthly needs;
  • $1,235 CAD costs renting a studio apartment downtown;
  • $100 CAD — lunch for two at a restaurant for three courses.

Net average earnings per month in Edmond are $4,168.30 CAD after taxes.

Lethbridge

A great option for those who want to keep the city life, but escape from the constant accumulation of people and all the charms of metropolitan areas.

By counting at independent living:

  • $1,428 CAD goes toward groceries, transport, and other monthly needs;
  • It costs $1,038 CAD to rent a studio apartment in the centre;
  • $80 CAD — lunch for two at a restaurant for 3 courses.

Every month a Lethbridge resident receives $3,633.3 CAD after taxes.

Red Deere

A small town located between Calgary and Edmonton. A great option for those who like to travel. In Red Deer, one person spends:

  • $1,251 CAD for groceries, transport and other monthly needs;
  • It costs $1,224 CAD to rent a studio apartment in the centre;
  • $75 CAD — lunch for two at a 3-course restaurant.

The average salary is approximately $4,172.49 CAD after taxes.

The figures presented in the report are averages. After all, monthly spending largely depends on the needs of each individual, the neighbourhood, and the availability of their own home and car. Based on the numbers, life is quite acceptable in terms of income and spending.

Source
  • #prices in Canada
  • #living standards in Canada
  • #apartment rent in Alberta
  • #cities in Alberta
  • #wages in Canada
  • #wages in Calgary
  • #monthly expenses in Canada