Serving the Quantitative Finance Community

• 1
• 2

CactusMan
Topic Author
Posts: 2990
Joined: October 27th, 2005, 8:26 pm

### How Much to Live in Canada?

Here I am talking about how much you actually spend. DO NOT give me "salary" because I don't know if you mean before or after taxes. I mean "take home" pay, that is, money you actually spend.My guess is that it is like the US:MONEY YOU SPEND LIFESTYLE YOU LIVEUS$25,000 --> Basic survival, below this you're homeless, or need welfare if you can get itUS$ 30,000 --> Most basic normal life, you do basic stuff, "student lifestyle"US$50,000 --> Not bad, typical middle class, fun life, can even save some money, but nothing moreUS$ 70,000 --> Great life, all the basics covered, a lot of fun, eat out, hoes from time to time, nice car, but NOT richUS$100,000 --> Fantastic life, almost everything you reasonably want, everything normal people have, plus a 944 or sailboatAlso, I am talking about normal people. I am not, for example, talking about retired military because they have health and dental paid for, so the costs would need to be adjusted down (about$12,000 less).
Last edited by CactusMan on March 23rd, 2013, 11:00 pm, edited 1 time in total.

ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

### How Much to Live in Canada?

It depends on the city, just as living in NYC costs more than living in Tuscaloosa, ALToronto and Vancouver are fairly expensive, with rents in particular high.>> hoes from time to time

CactusMan
Topic Author
Posts: 2990
Joined: October 27th, 2005, 8:26 pm

### How Much to Live in Canada?

For a medium sized city. How does it compare?

tagoma
Posts: 18790
Joined: February 21st, 2010, 12:58 pm

### How Much to Live in Canada?

Are you planning to move there Cactus?The very cold winters must be hard to stand for the one that is not accustomed.I mean moving from Mexico to Canada can be physically challenging.
Last edited by tagoma on March 23rd, 2013, 11:00 pm, edited 1 time in total.

CactusMan
Topic Author
Posts: 2990
Joined: October 27th, 2005, 8:26 pm

### How Much to Live in Canada?

Probably not. I do take vacations there, and really enjoy it. Stable society. Nice people.I know some people who were wondering, and I have some business opportunities there. So, I was wondering what you have to pay people so they live well there.
Last edited by CactusMan on March 23rd, 2013, 11:00 pm, edited 1 time in total.

daveangel
Posts: 17031
Joined: October 20th, 2003, 4:05 pm

### How Much to Live in Canada?

when I saw the title of the thread I immediately assumed that the question was along the lines of "How much would you have to be offered to live in Canada?".
knowledge comes, wisdom lingers

rmax
Posts: 6080
Joined: December 8th, 2005, 9:31 am

### How Much to Live in Canada?

QuoteOriginally posted by: daveangelwhen I saw the title of the thread I immediately assumed that the question was along the lines of "How much would you have to be offered to live in Canada?".Not enough daylight.They all live underground.They say aboot when they mean about.

tagoma
Posts: 18790
Joined: February 21st, 2010, 12:58 pm

### How Much to Live in Canada?

in other threads in the wilmott forum, many have commented girls are hot there.

daveangel
Posts: 17031
Joined: October 20th, 2003, 4:05 pm

### How Much to Live in Canada?

QuoteOriginally posted by: rmaxQuoteOriginally posted by: daveangelwhen I saw the title of the thread I immediately assumed that the question was along the lines of "How much would you have to be offered to live in Canada?".Not enough daylight.They all live underground.They say aboot when they mean about.the skiing is good in some places
knowledge comes, wisdom lingers

ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

QuoteOriginally posted by: CactusManFor a medium sized city. How does it compare?>> Probably not. I do take vacations there, and really enjoy it. so you already have an ideafor a 1 bedroom apartment, you're looking at anywhere between about $500 and$1000 per month depending on the community and how nice it is (you may find a basement for less or somewhere in TO with a gold plated lobby for more).Restaurants tend to be more expensive in Canada when you compare like-with-like (although I once knew a chinaman who lived in Edmonton who visited DC and he deduced from that that the US was more expensive than Canada).most things in stores, you may pay between 10 and 30% more in Canadian dollars than you do in US stores,and don't forget that there's a national sales tax (GST) as well as most provinces having a provincial sales taxWalmart (and now Target in Canada) tend to be more expensive than in the USalcohol and cigarettes, Canadians typically get screwed on.You're going to pay about $30 for a 24 in the beer store in Ontario traderjoe1976 Posts: 1544 Joined: May 19th, 2006, 9:50 am ### How Much to Live in Canada? Canada is like paradise for young guys. I don't understand why an old person would want to move there unless it is for the free healthcare. dd3 Posts: 246 Joined: June 8th, 2010, 9:02 am ### How Much to Live in Canada? QuoteOriginally posted by: edouardin other threads in the wilmott forum, many have commented girls are hot there.I dated a girl from Saskatchewan for a while. Fun but hectic. I also lived in Vancouver for a few months about 10 years ago, great city but a bit expensive and surprisingly Asian. Weather similar to London and a lot of very attractive women there. Large porn industry. Marijuana is tolerated but not legal. CactusMan Topic Author Posts: 2990 Joined: October 27th, 2005, 8:26 pm ### How Much to Live in Canada? QuoteOriginally posted by: ppauperQuoteOriginally posted by: CactusManFor a medium sized city. How does it compare?>> Probably not. I do take vacations there, and really enjoy it. so you already have an ideafor a 1 bedroom apartment, you're looking at anywhere between about$500 and $1000 per month depending on the community and how nice it is (you may find a basement for less or somewhere in TO with a gold plated lobby for more).Restaurants tend to be more expensive in Canada when you compare like-with-like (although I once knew a chinaman who lived in Edmonton who visited DC and he deduced from that that the US was more expensive than Canada).most things in stores, you may pay between 10 and 30% more in Canadian dollars than you do in US stores,and don't forget that there's a national sales tax (GST) as well as most provinces having a provincial sales taxWalmart (and now Target in Canada) tend to be more expensive than in the USalcohol and cigarettes, Canadians typically get screwed on.You're going to pay about$30 for a 24 in the beer store in OntarioSo, how would these values compare. What would the values be for Canada? Replace the values with the values for Canada.Sounds like a little more, but not much. My impression is that Canadians live a more relaxed life and do things on their own, so you don't burn money there like you do in the US.MONEY YOU SPEND LIFESTYLE YOU LIVEUS$25,000 --> Basic survival, below this you're homeless, or need welfare if you can get itUS$ 30,000 --> Most basic normal life, you do basic stuff, "student lifestyle"US$50,000 --> Not bad, typical middle class, fun life, can even save some money, but nothing moreUS$ 70,000 --> Great life, all the basics covered, a lot of fun, eat out, hoes from time to time, nice car, but NOT richUS$100,000 --> Fantastic life, almost everything you reasonably want, everything normal people have, plus a 944 or sailboat Last edited by CactusMan on March 26th, 2013, 11:00 pm, edited 1 time in total. ppauper Posts: 70239 Joined: November 15th, 2001, 1:29 pm ### How Much to Live in Canada? QuoteOriginally posted by: CactusManQuoteOriginally posted by: ppauperQuoteOriginally posted by: CactusManFor a medium sized city. How does it compare?>> Probably not. I do take vacations there, and really enjoy it. so you already have an ideafor a 1 bedroom apartment, you're looking at anywhere between about$500 and $1000 per month depending on the community and how nice it is (you may find a basement for less or somewhere in TO with a gold plated lobby for more).Restaurants tend to be more expensive in Canada when you compare like-with-like (although I once knew a chinaman who lived in Edmonton who visited DC and he deduced from that that the US was more expensive than Canada).most things in stores, you may pay between 10 and 30% more in Canadian dollars than you do in US stores,and don't forget that there's a national sales tax (GST) as well as most provinces having a provincial sales taxWalmart (and now Target in Canada) tend to be more expensive than in the USalcohol and cigarettes, Canadians typically get screwed on.You're going to pay about$30 for a 24 in the beer store in OntarioSo, how would these values compare. What would the values be for Canada? Replace the values with the values for Canada.Sounds like a little more, but not much. My impression is that Canadians live a more relaxed life and do things on their own, so you don't burn money there like you do in the US.MONEY YOU SPEND LIFESTYLE YOU LIVEUS$25,000 --> Basic survival, below this you're homeless, or need welfare if you can get itUS$ 30,000 --> Most basic normal life, you do basic stuff, "student lifestyle"US$50,000 --> Not bad, typical middle class, fun life, can even save some money, but nothing moreUS$ 70,000 --> Great life, all the basics covered, a lot of fun, eat out, hoes from time to time, nice car, but NOT richUS$100,000 --> Fantastic life, almost everything you reasonably want, everything normal people have, plus a 944 or sailboatI'd sayCDN$ 30,000 --> Basic survival, below this you're homeless, or need welfare if you can get itCDN$40,000 --> Most basic normal life, you do basic stuff, "student lifestyle"CDN$ 60,000 --> Not bad, typical middle class, fun life, can even save some money, but nothing moreCDN$85,000 --> Great life, all the basics covered, a lot of fun, eat out, hoes from time to time, nice car, but NOT richCDN$120,000 --> Fantastic life, almost everything you reasonably want, everything normal people have, plus a 944 or sailboat

CactusMan
Topic Author
Posts: 2990
Joined: October 27th, 2005, 8:26 pm

### How Much to Live in Canada?

Thanks, that's useful.