What is a good salary in Canada?

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What is a good salary in Canada?

Are you thinking of living in Canada? But, you don’t know how much a salary is enough to live in Canada. However, it is not easy to guess, but yeah, the expenses of spending your life in the Land of Maple Leaf depend on several factors such as location, lifestyle choices, number of family members, and personal preferences.

As per recent statistics, Canada’s economy is one of the largest in the world. Individuals living in Canada enjoy a standardized life, education, healthcare, and diverse cultural experiences. The cost of livelihood in the Land of Maple Leaf varies on the province and territories of Canada.

It is a crucial step to connect with the best immigration consultant to know how much salary is essential to sustaining a comfortable lifestyle in Canada.

How much salary is enough to live in Canada in 2024?

The annual average salary of skilled workers in Canada ranges between CAD 54,600 and 105,000. This may vary on the employment, experience, skills, and employers.

The following are the factors on which the cost of living in Canada depends:

  • Housing:- The location of your apartment has a big impact on your costs. Renting a one-bedroom apartment in a desirable area might take you somewhere from $1,500 to $2,500 per month in large cities like Toronto or Vancouver.
  • Transportation:- The costs of owning a car include insurance, fuel, maintenance, and other payments. As an alternative, individuals can use public transportation, which depending on the city, might cost between $80 and $150 per month for a transit pass.
  • Childcare:- Families with children who need care can cost you from $1,500 to $2,500 per month varies on the number of children. Families must also account for the costs associated with schooling, including extracurricular activities and school supplies.
  • Healthcare:– The Canadian healthcare system is publicly financed, although individuals may need to budget extra for things like prescription drugs, dental work, and vision care. Either out-of-pocket payments or private insurance can be used to cover these expenses.
  • Groceries:- Depending on dietary habits and personal preferences, the price of food can be variable. Considering that an individual’s monthly expenses typically range from $200 to $500, budgeting for meals and groceries might assist control costs.
  • Entertainment:- Going out to taste a delicious meal, seeing a movie, or touring nearby sights are just a few of the many entertainment possibilities available to individuals. Personal tastes will determine how much is spent on entertainment, but a monthly budget of $200 to $400 is a fair estimate.

The average salary of provinces

Individuals usually apply for a Canada PR Visa, and they are anxious to know about the salary an average person earns in Canada to maintain a stable life. The Land of Maple Leaf has ten provinces and three territories. Each province has a different salary package, as mentioned below in the table:

Name of the Province

Average Salary (Per year)


55,253 CAD


120,000 CAD

British Columbia

136,000 CAD

Nova Scotia

113,000 CAD


124,000 CAD


116,000 CAD

Prince Edward Island

104,000 CAD

New Brunswick

43,875 CAD

Newfoundland and Labrador

40,998 CAD


106,000 CAD


52,650 CAD

Fastest growing industries in Canada

Before applicants initiate their application process, they must know about the fastest-growing sectors in Canada that can be very beneficial for career prospects. The following table can identify applicants about the growing sectors in the country:

Arts, Entertainment, and Recreation


Real Estate


Administrative and Support


Public Administration


Finance and Insurance


Health Care and Social Assistance




What is a good salary for a single person in Canada?

The cost of living in Canada for a single person is around $1,708, which covers the basic necessities of the person. However, it will be better if a person creates a budget of at least $2,771 in monthly expenses.

How much does a couple need to live in Canada?

The highest-paying jobs in Canada are:-

  • Specialist physicians
  • Mining, Oil and Gas Extraction
  • Dentists
  • Professionals, Scientific, and Technical Services
  • Senior Managers in Finance and Communication
  • Airline Pilots
  • Senior Software Engineer
  • Public Administration


How much salary is enough to live in Canada? is mentioned on this page. It will give you information about the cost of living and the factors on which it depends. To know more, connect with the best immigration consultant.

sernexuss consists a team of leading immigration consultant who can assist you throughout the process of Canada PR.

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