Is $58,000 a good salary in Channel-Port aux Basques, Newfoundland and Labrador?

Is $58,000 a good salary in Channel-Port aux Basques, Newfoundland and Labrador?

$58,000 is $14,960 more than the average yearly salary of $43,040 in Channel-Port aux Basques. A salary of $58,000 per year means that you would be taking home about $43,515 per year after taxes, or $3,626 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Channel-Port aux Basques is $75,500.

Channel Port Aux Basques, Newfoundland And Labrador
Updated: May 1, 2023

Average Cost of Living per Month in Channel-Port aux Basques

The average cost of living in Channel-Port aux Basques is $3,570/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
$3,570/month
Monthly net income of $58,000/year
$3,626/month
Average total income in 2020
$43,040
Average total household income in 2020
$75,500

Average Salary in Channel-Port aux Basques

The average salary in Channel-Port aux Basques is $43,040, which is 21% lower than the Canadian average salary of $54,450. A person making $58,000 a year in Channel-Port aux Basques makes 34.8% more than the average working person in Channel-Port aux Basques and will take home about $43,515.
Net Annual Pay:
$43,515
Income tax breakdown
Hourly Salary:
$29.74
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Channel-Port aux Basques. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $58,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Channel-Port aux Basques is $1,579.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Channel-Port aux Basques is $635.
Groceries

Groceries

The average person spends $502 on groceries per month in Channel-Port aux Basques.
Utilities

Utilities

The average monthly cost of utilities in Channel-Port aux Basques is $167.
Leisure & Entertainment

Leisure & Entertainment

The average person in Channel-Port aux Basques spends $154 on leisure & entertainment per month.
Clothing

Clothing

The average person in Channel-Port aux Basques spends $40 on clothing per month.
Restaurants

Restaurants

The average person in Channel-Port aux Basques spends $343 on restaurants per month.
Other

Other

The average person in Channel-Port aux Basques 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 Channel-Port aux Basques 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
$3,570/month
Monthly net income of $58,000/year
$3,626/month

Browse more salaries in Channel-Port aux Basques

$32,000
$35,000
$38,000
$40,000
$42,000
$45,000
$48,000
$50,000
$52,000
$55,000
$58,000
$60,000
$62,000
$65,000
$68,000
$70,000
$72,000
$75,000
$78,000
$80,000
$82,000
$85,000
$88,000
$90,000

People also ask