Is $220,000 a good salary in Airdrie, Alberta?

Is $220,000 a good salary in Airdrie, Alberta?

$220,000 is $158,850 more than the average yearly salary of $61,150 in Airdrie. A salary of $220,000 per year means that you would be taking home about $147,458 per year after taxes, or $12,288 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Airdrie is $122,700.

Airdrie, Alberta
Updated: November 1, 2024

Average Cost of Living per Month in Airdrie

The average cost of living in Airdrie is $3,669/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Average cost of living
$3,669/month

Monthly net income of $220,000/year
$12,288/month
Average total income in 2020
$61,150

Average total household income in 2020
$122,700

Average Salary in Airdrie

The average salary in Airdrie is $61,150, which is 12.3% higher than the Canadian average salary of $54,450. A person making $220,000 a year in Airdrie makes 259.8% more than the average working person in Airdrie and will take home about $147,458.
Net Annual Pay:
$147,458
Income tax breakdown
Hourly Salary:
$112.82
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Airdrie. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $220,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Airdrie is $1,579.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Airdrie is $613.
Groceries

Groceries

The average person spends $493 on groceries per month in Airdrie.
Utilities

Utilities

The average monthly cost of utilities in Airdrie is $212.
Leisure & Entertainment

Leisure & Entertainment

The average person in Airdrie spends $275 on leisure & entertainment per month.
Clothing

Clothing

The average person in Airdrie spends $37 on clothing per month.
Restaurants

Restaurants

The average person in Airdrie spends $310 on restaurants per month.
Other

Other

The average person in Airdrie spends $150 on miscellaneous goods and services per month.
General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Airdrie based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.
Your cost of living
$3,669/month

Monthly net income of $220,000/year
$12,288/month