Is 80k A Good Salary In Montreal Reddit

Is 80k A Good Salary In Montreal Reddit To answer your question I think 60 70k is a good salary and well over the average You can definitely afford a place on a 200k salary in the GTA it all depends on what other expenses the person has Generally lenders lend up to 5 5x your income assuming you have no other existing debts

The province you pay taxes is the one you are living in on December 31st of the year So if you move to QC on December 25th on your tax report you ll get a refund of taxes paid in BC and have to pay QC taxes for the whole year So it s better to move earlier into the year than later Average Salary in Montreal The average salary in Montreal is 50 120 which is 8 lower than the Canadian average salary of 54 450 A person making 80 000 a year in Montreal makes 59 6 more than the average working person in Montreal and will take home about 56 329

Is 80k A Good Salary In Montreal Reddit

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Is 80k A Good Salary In Montreal Reddit
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Any salary above 54 450 per year or 27 92 per hour gross income could be considered a good salary in Canada However the definition of a good salary depends on the province territory where you decide to live your lifestyle and your monthly expenses among other factors Annual Salary Location Location I was at 88K before being let go I m in the job market for the past 3 months My friends are making 120K plus after multiple job switches

An annual net salary of CA 36 000 is considered a good salary for a single person living in Montreal Anyone earning between CA 4 000 and CA 5 000 gross per month is living a good life in the city For a family of four a total of CA 70 000 per year is considered a good salary Montreal is a thriving cultural and industrial hub My friend lives and works in Montreal with the same YOE 70 80k is the range they ve experienced

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What is a salary to live comfortably Like no roommates nice little living room in a popular safe neighborhood I make 110k and most recent apartments are minimum 1700 for 1bd About 73 66 of Audio Software Engineer professionals feel satisfied with their salary according to anonymous Glassdoor ratings An additional 6 757 in potential pay per year among other factors can qualify the annual pay of an Audio Software Engineer in Montreal QC as a good salary

The Takeaway An annual salary of 80 000 is considered good for a single person and is higher than the average pay in the United States But just how far that money will go for you depends on your financial obligations where you live and other factors In some areas getting by on 80K a year might be tight while in others you may have I think 80K is slightly under average family in Canada where of course the average family has closer to 2 than 1 person working The average family age is going to be about 15 years older than you too So yes I d say given the evidence above 80K at age 28 is doing quite well hboy54 Like

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Is 80k A Good Salary In Montreal Reddit - For many people 80 000 is a good annual salary that allows them to afford their living costs such as groceries and utilities and their discretionary expenses such as entertainment According to the most recent United States Census Bureau report the national median household income is 70 784 per year An 80 000 yearly salary for a single