I am thinking that you will want to have a take home pay of at least $2,500 a month, and that will be for a frugal lifestyle, with rental costs less than $950, which can be difficult to find, but not impossible. It also depends on what kind of place you want to live in and in what location. If you want a standard and comfortable "middle class" lifestyle, you will need $3,500 or more a month.
You don't say where you are coming from ... I have found that the cost of food and sundries is quite a bit more expensive in Canada (roughly about 30% higher), and it's more difficult to find good deals than in the U.S. on these items. Clothing is comparable. Electronics are significantly more. And taxes are more.
Of course, the other side to this is that Canada is beautiful!!
2006-11-01 20:08:57
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answer #1
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answered by Pichi 7
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placed it this type, I placed my one mattress room abode (six hundred sq. ft and through the bridge from downtown) up for lease in August and had it listed contained in the paper at $a million,four hundred a month. the first day the ad ran, I were given 32 calls and of those, 19 human beings/couples requested to make appointments to confirm it. by technique of midday the subsequent day, I had 11 applications and a bidding warfare on my fingers. It became rented 3 hours later. everyone is prepared to camp on the sidewalk for as a lot as per week to have a chance to purchase a house or a house in a number of the more effective nicely prevalent advancements around the city. do not anticipate to move something new except you're waiting to dish out the money by technique of the wheelbarrow. Vancouver is the most expensive city contained in the rustic and the hot polls aspect out that a million in 10 human beings in Canada want to flow to Vancouver in spite of the indisputable fact that the fee of residing there is their volume one reason they have not yet. Be prepared for larger taxes too. revenues tax on each and every thing yet some groceries runs you 14.5% inclusive of such issues as your electrical energy bill it really is equipped by technique of a authorities owned organization so i'm not particular why they are charging tax on it too. you are able to also chalk up yet another 3.5% ontop of the 14.5% if you're procuring liquor. gas in August became hovering round $a million.21 a litre making it about $seventy 5 to fill up my tank and that i'd in basic terms go about 350km (or about 3 round journeys from the suburbs to the city) on a tank. income tax is likewise a lot larger in Canada because we've a public well being care equipment to help. income taxes commence at 18% and flow up the size very right away. everyone making over (i imagine) $80,000 a year is going to be contained in the optimal tax bracket and paying a good fifty 4% income tax--more effective than 1/2 of your year is spent operating for the authorities. do not flow to Canada once you've the want to make it wealthy. you'd be taxed to lack of existence. you'll even pay 7% revenues tax on homes that are as a lot as 2 years old no count number what number homeowners they have had in that aspect. Oh yeah, and that i pay quite a lot $2,000 a year in property taxes on my a million mattress room abode. do not even ask what it could be for a house contained in the city with an certainly decrease back backyard.
2016-12-05 11:01:54
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answer #2
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answered by Anonymous
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Expensive. I live in Chilliwack, about an hour and a half east with a family of four and we live on $3500/month with no frills.
Prices go up exponentially as you get closer to Vancouver.
Average detached house prices are $600,000 CAN in Vancouver.
2006-11-01 15:52:02
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answer #3
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answered by Anonymous
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rent for a 2 bed room apt : $1500-$2500/mon
food for 3 : $250-$350 /mon
transportation: $100-$200/mon
dress and ... depends
good luck
2006-11-02 16:36:30
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answer #4
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answered by Me 6
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if your comfortable with current level of US income add fifteen to twenty percent maybe close in comparison. Six figure annual income is goal for starters.
2006-11-01 15:04:28
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answer #5
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answered by double clutch 2
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