Is $245,000 a good salary in Fort Erie, Ontario?

Is $245,000 a good salary in Fort Erie, Ontario?

$245,000 is $197,840 more than the average yearly salary of $47,160 in Fort Erie. A salary of $245,000 per year means that you would be taking home about $152,517 per year after taxes, or $12,710 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Fort Erie is $91,400.

Fort Erie, Ontario
Updated: December 1, 2024

Average Cost of Living per Month in Fort Erie

The average cost of living in Fort Erie is $3,511/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
$3,511/month

Monthly net income of $245,000/year
$12,710/month
Average total income in 2020
$47,160

Average total household income in 2020
$91,400

Average Salary in Fort Erie

The average salary in Fort Erie is $47,160, which is 13.4% lower than the Canadian average salary of $54,450. A person making $245,000 a year in Fort Erie makes 419.5% more than the average working person in Fort Erie and will take home about $152,517.
Net Annual Pay:
$152,517
Income tax breakdown
Hourly Salary:
$125.64
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Fort Erie. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $245,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Fort Erie is $623.
Groceries

Groceries

The average person spends $434 on groceries per month in Fort Erie.
Utilities

Utilities

The average monthly cost of utilities in Fort Erie is $187.
Leisure & Entertainment

Leisure & Entertainment

The average person in Fort Erie spends $158 on leisure & entertainment per month.
Clothing

Clothing

The average person in Fort Erie spends $34 on clothing per month.
Restaurants

Restaurants

The average person in Fort Erie spends $346 on restaurants per month.
Other

Other

The average person in Fort Erie 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 Fort Erie 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
$3,511/month

Monthly net income of $245,000/year
$12,710/month

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The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.
Rank City Avg. Salary Avg. Monthly Net pay Avg. Cost of Living Affordability Index
01
1
Oakville, Ontario $81,800 $5,075 $3,825
13266
132.67%
02
2
Aurora, Ontario $71,700 $4,495 $3,471
12949
129.5%
03
3
Newmarket, Ontario $57,000 $3,710 $3,287
11285
112.85%
04
4
East Gwillimbury, Ontario $59,950 $3,866 $3,440
11239
112.4%
05
5
Deep River, Ontario $61,300 $3,938 $3,568
11037
110.38%
06
6
Sault Ste. Marie, Ontario $49,680 $3,284 $3,016
10887
108.88%
07
7
Timmins, Ontario $55,100 $3,604 $3,320
10856
108.57%
08
8
Greater Sudbury, Ontario $55,450 $3,625 $3,347
10829
108.3%
09
9
Ottawa, Ontario $64,500 $4,108 $3,803
10802
108.03%
10
10
Pickering, Ontario $60,050 $3,872 $3,586
10797
107.97%
11
11
Kenora, Ontario $55,100 $3,604 $3,363
10717
107.18%
12
12
Marathon, Ontario $61,000 $3,922 $3,660
10716
107.17%
13
13
Orangeville, Ontario $54,450 $3,567 $3,351
10643
106.44%
14
14
Waterloo, Ontario $60,250 $3,882 $3,654
10625
106.25%
15
15
Sarnia, Ontario $54,050 $3,543 $3,381
10480
104.8%
16
16
Burlington, Ontario $68,900 $4,331 $4,139
10463
104.63%
17
17
Vaughan, Ontario $62,050 $3,978 $3,893
10218
102.19%
18
18
Ajax, Ontario $54,300 $3,558 $3,486
10206
102.06%
19
19
Thunder Bay, Ontario $51,000 $3,365 $3,299
10199
102%
20
20
Innisfil, Ontario $53,400 $3,506 $3,451
10158
101.59%
21
21
Fort Frances, Ontario $52,900 $3,477 $3,425
10150
101.51%
22
22
New Tecumseth, Ontario $53,550 $3,514 $3,504
10029
100.3%
23
23
Woodstock, Ontario $49,400 $3,267 $3,260
10020
100.2%
24
24
Cobourg, Ontario $52,000 $3,424 $3,424
10001
100.01%
25
25
Oshawa, Ontario $48,960 $3,240 $3,259
09940
99.4%
26
26
Kingston, Ontario $53,750 $3,526 $3,591
09819
98.19%
27
27
Toronto, Ontario $62,050 $3,978 $4,161
09560
95.61%
28
28
Arnprior, Ontario $49,560 $3,276 $3,437
09532
95.33%
29
29
Stratford, Ontario $50,480 $3,333 $3,502
09517
95.17%
30
30
Dryden, Ontario $52,850 $3,474 $3,660
09491
94.91%
31
31
Guelph, Ontario $55,200 $3,610 $3,822
09445
94.46%
32
32
Hamilton, Ontario $53,750 $3,526 $3,750
09402
94.03%
33
33
Brantford, Ontario $47,160 $3,141 $3,351
09374
93.75%
34
34
Hearst, Ontario $53,850 $3,532 $3,778
09348
93.48%
35
35
North Bay, Ontario $49,520 $3,274 $3,517
09308
93.09%
36
36
Fort Erie, Ontario $47,160 $3,141 $3,380
09294
92.94%
37
37
London, Ontario $50,440 $3,331 $3,589
09279
92.8%
38
38
Timiskaming District, Ontario $49,720 $3,286 $3,548
09262
92.62%
39
39
Kapuskasing, Ontario $49,720 $3,286 $3,570
09205
92.05%
40
40
Cornwall, Ontario $41,280 $2,780 $3,029
09178
91.78%
41
41
Kitchener, Ontario $51,950 $3,422 $3,737
09155
91.56%
42
42
Brockville, Ontario $46,200 $3,082 $3,379
09122
91.22%
43
43
Temiskaming Shores, Ontario $49,160 $3,252 $3,568
09113
91.14%
44
44
Goderich, Ontario $49,440 $3,269 $3,587
09113
91.14%
45
45
Atikokan, Ontario $49,920 $3,299 $3,660
09012
90.12%
46
46
Whitby, Ontario $63,000 $4,028 $4,479
08993
89.93%
47
47
Thorold, Ontario $46,000 $3,070 $3,429
08953
89.53%
48
48
Markham, Ontario $53,950 $3,538 $3,986
08875
88.75%
49
49
Milton, Ontario $60,900 $3,917 $4,437
08828
88.28%
50
50
Cambridge, Ontario $51,450 $3,393 $3,845
08823
88.23%
51
51
Midland, Ontario $45,160 $3,019 $3,428
08805
88.05%
52
52
Barrie, Ontario $51,550 $3,398 $3,864
08794
87.95%
53
53
Port Colborne, Ontario $45,560 $3,043 $3,468
08774
87.75%
54
54
St. Catharines, Ontario $47,560 $3,166 $3,609
08772
87.73%
55
55
Tillsonburg, Ontario $47,080 $3,137 $3,587
08744
87.44%
56
56
St. Thomas, Ontario $46,280 $3,087 $3,536
08731
87.31%
57
57
Niagara Falls, Ontario $44,840 $2,999 $3,440
08717
87.18%
58
58
Mississauga, Ontario $54,150 $3,549 $4,088
08682
86.82%
59
59
Parry Sound, Ontario $44,080 $2,952 $3,416
08642
86.42%
60
60
Welland, Ontario $44,440 $2,974 $3,490
08522
85.22%
61
61
Peterborough, Ontario $46,960 $3,129 $3,702
08452
84.53%
62
62
Windsor, Ontario $45,400 $3,033 $3,594
08439
84.4%
63
63
Brampton, Ontario $45,400 $3,033 $3,651
08308
83.08%
64
64
Belleville, Ontario $47,880 $3,186 $3,847
08280
82.81%
65
65
Richmond Hill, Ontario $57,100 $3,715 $4,525
08209
82.1%
66
66
Orillia, Ontario $45,480 $3,038 $3,734
08136
81.37%
67
67
Owen Sound, Ontario $44,360 $2,969 $3,703
08018
80.19%
68
68
Thessalon, Ontario $42,400 $2,849 $3,568
07984
79.85%
69
69
Elliot Lake, Ontario $39,120 $2,647 $3,459
07653
76.53%
The Affordability Index is based on a single, non-homeowner, who owns a car.
CareerBeacon obtains its data from 3rd party services and cannot verify its accuracy. The information contained on this page is intended to be used for informational purposes only and should not be used to replace legal authority. The information contained in the demographic reports should not be relied upon for determining career and/or relocation decisions.