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Unread 11-12-2010, 07:16 PM
 
12,673 posts, read 11,572,068 times
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Default Where is the lowest cost of living in Canada vs average to high salary?

I hear that Vancouver and Toronto are very expensive cities to live in and so is Calgary and Edmonton.

I currently reside in the suburb of Houston, TX and the COL is very low.

What is the average salary in Canada overall?
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Unread 11-12-2010, 07:23 PM
 
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We have 1 bedroom/1 bath running at $400 a month.
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Unread 11-14-2010, 08:18 PM
 
275 posts, read 853,391 times
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Better shut the faucet off at that price!
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Unread 11-15-2010, 03:09 AM
 
Location: Pacific Northwest
357 posts, read 305,736 times
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Here are the average incomes in Canada: Average income after tax by economic family types

And the lowest cost of living is Yellowknife, Whitehorse, Iqaluit or Cambridge Bay. But far from the most fun
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Unread 11-15-2010, 07:43 AM
 
Location: Gatineau, Québec
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I think Ottawa might be the most affordable yet high income big city in Canada.

Anyway, it has one of the best income to housing price ratios in the country.
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Unread 11-15-2010, 05:06 PM
 
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Quote:
Originally Posted by cazelais View Post
Better shut the faucet off at that price!
Why?
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Unread 11-15-2010, 05:07 PM
 
12,673 posts, read 11,572,068 times
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Quote:
Originally Posted by PostSecularist View Post
Here are the average incomes in Canada: Average income after tax by economic family types

And the lowest cost of living is Yellowknife, Whitehorse, Iqaluit or Cambridge Bay. But far from the most fun
Are those safe cities?
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Unread 11-15-2010, 05:08 PM
 
12,673 posts, read 11,572,068 times
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Quote:
Originally Posted by Acajack View Post
I think Ottawa might be the most affordable yet high income big city in Canada.

Anyway, it has one of the best income to housing price ratios in the country.
How much is the average 1 bed/1 bath?
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Unread 11-16-2010, 02:14 AM
 
Location: BC
1,469 posts, read 1,343,730 times
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Quote:
Originally Posted by Texas User View Post
I hear that Vancouver and Toronto are very expensive cities to live in and so is Calgary and Edmonton.

I currently reside in the suburb of Houston, TX and the COL is very low.

What is the average salary in Canada overall?
You can use this chart to compare prices and cost of living between Houston, TX and other cities in Canada. (You can also use it for general comparisons between other countries too). This page shows comparisons between Houston and Toronto.

Moderator cut: link removed, linking to competitor sites is not allowed

.

Last edited by Yac; 02-07-2012 at 05:40 AM..
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Unread 11-16-2010, 09:59 AM
 
Location: Gatineau, Québec
8,264 posts, read 8,311,152 times
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Quote:
Originally Posted by Texas User View Post
How much is the average 1 bed/1 bath?
This table should give you an idea, even if it is two years old:
http://www.sreda.com/publications/Re...ber%202008.pdf

All figures are in Canadian dollars.

As for owning a home, in Ottawa the ratio of house prices to gross income is 40% (ie you'd need to spend 40% of average household gross income to carry the purchase of the average house).

Comparable ratios for other large cities are Vancouver at 74%, Toronto at 60% and Montreal at 50%.
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