Cryptocurrency Q&A
Is 60k enough to live in Toronto?
Is 60k enough to live in Toronto?
Sun Jan 12 2025
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7 answers
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I am considering moving to Toronto and I am wondering if 60,000 dollars is sufficient for living expenses in the city. I want to know if this amount can cover my cost of living, including rent, food, transportation, and other daily expenses.
7 answers
Tue Jan 14 2025
The average yearly salary in Toronto stands at $62,051.
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Tue Jan 14 2025
For someone earning $60,000 per year, their take-home pay after taxes would be approximately $46,431.
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Tue Jan 14 2025
This figure represents a comfortable income level in the city.
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Tue Jan 14 2025
In comparison, $60,000 is slightly lower than this average.
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Tue Jan 14 2025
Specifically, $60,000 is $2,050 less than the average yearly salary.
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