Is $160,000 a good salary in Fredericton, New Brunswick?
Is $160,000 a good salary in Fredericton, New Brunswick?
$160,000 is $108,920 more than the average yearly salary of $51,080 in Fredericton. A salary of $160,000 per year means that you would be taking home about $106,024 per year after taxes, or $8,835 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Fredericton is $91,500.
Updated: December 1, 2024
Average Cost of Living per Month in Fredericton
The average cost of living in Fredericton is $2,996/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
$2,996/month
Monthly net income of $160,000/year
$8,835/month
Average total income in 2020
$51,080
Average total household income in 2020
$91,500
Average Salary in Fredericton
The average salary in Fredericton is $51,080, which is 6.2% lower than the Canadian average salary of $54,450. A person making $160,000 a year in Fredericton makes 213.2% more than the average working person in Fredericton and will take home about $106,024.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Fredericton. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $160,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Fredericton is $1,092.
Product | Avg. | Min. | Max. |
---|---|---|---|
Apartment (1 bedroom) in City Centre, Rent Per Month
|
$1,443
|
$1,200
|
$1,700
|
Apartment (1 bedroom) Outside of Centre, Rent Per Month
|
$1,092
|
$1,000
|
$1,200
|
Apartment (3 bedrooms) in City Centre, Rent Per Month
|
$2,357
|
$2,000
|
$2,600
|
Apartment (3 bedrooms) Outside of Centre, Rent Per Month
|
$2,033
|
$1,800
|
$2,200
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Transit
Driver
Transportation
The average monthly cost for a driver in Fredericton is $639.
Product | Avg. | Min. | Max. |
---|---|---|---|
Gasoline (1 liter), Transportation
|
$1.65
|
$1.51
|
$1.80
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car), Transportation
|
$33,978
|
$33,978
|
$33,978
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car), Transportation
|
$26,506
|
$26,507
|
$27,383
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Groceries
The average person spends $453 on groceries per month in Fredericton.
Product | Avg. | Min. | Max. |
---|---|---|---|
Milk (regular), (1 liter), Markets
|
$2.63
|
$2.11
|
$3.29
|
Loaf of Fresh White Bread (500g), Markets
|
$3.78
|
$3.00
|
$4.99
|
Eggs (regular) (12), Markets
|
$4.83
|
$4.00
|
$5.29
|
Local Cheese (1kg), Markets
|
$15.81
|
$6.00
|
$40.00
|
Water (1.5 liter bottle), Markets
|
$2.12
|
$1.49
|
$3.00
|
Bottle of Wine (Mid-Range), Markets
|
$17.00
|
$15.00
|
$25.00
|
Domestic Beer (0.5 liter bottle), Markets
|
$4.40
|
$2.00
|
$5.71
|
Imported Beer (0.33 liter bottle), Markets
|
$6.40
|
$3.50
|
$10.00
|
Cigarettes 20 Pack (Marlboro), Markets
|
$16.00
|
$15.00
|
$17.00
|
Apples (1kg), Markets
|
$6.83
|
$2.00
|
$10.00
|
Chicken Fillets (1kg), Markets
|
$13.20
|
$10.00
|
$20.00
|
Oranges (1kg), Markets
|
$5.24
|
$2.00
|
$11.00
|
Potato (1kg), Markets
|
$2.57
|
$1.32
|
$5.50
|
Lettuce (1 head), Markets
|
$3.35
|
$1.00
|
$4.99
|
Rice (white), (1kg), Markets
|
$3.96
|
$2.00
|
$5.99
|
Tomato (1kg), Markets
|
$7.48
|
$1.49
|
$17.61
|
Banana (1kg), Markets
|
$2.13
|
$1.90
|
$3.06
|
Onion (1kg), Markets
|
$2.16
|
$1.25
|
$6.00
|
Beef Round (1kg) (or Equivalent Back Leg Red Meat), Markets
|
$11.80
|
$6.00
|
$25.33
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Utilities
The average monthly cost of utilities in Fredericton is $160.
Product | Avg. | Min. | Max. |
---|---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment, Utilities (Monthly)
|
$181.50
|
$127.50
|
$300.00
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL), Utilities (Monthly)
|
$100.00
|
$80.00
|
$129.00
|
Mobile Phone Monthly Plan with Calls and 10GB+ Data, Utilities (Monthly)
|
$93.57
|
$50.00
|
$160.00
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Leisure & Entertainment
The average person in Fredericton spends $183 on leisure & entertainment per month.
Product | Avg. | Min. | Max. |
---|---|---|---|
Fitness Club, Monthly Fee for 1 Adult, Sports And Leisure
|
$79.00
|
$30.00
|
$150.00
|
Tennis Court Rent (1 Hour on Weekend), Sports And Leisure
|
$32.00
|
||
Cinema, International Release, 1 Seat, Sports And Leisure
|
$15.00
|
$12.00
|
$15.00
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Clothing
The average person in Fredericton spends $35 on clothing per month.
Product | Avg. | Min. | Max. |
---|---|---|---|
1 Pair of Jeans (Levis 501 Or Similar), Clothing And Shoes
|
$71.25
|
$35.00
|
$80.00
|
1 Pair of Nike Running Shoes (Mid-Range), Clothing And Shoes
|
$111.00
|
$60.00
|
$150.00
|
1 Pair of Men Leather Business Shoes, Clothing And Shoes
|
$115.00
|
$80.00
|
$150.00
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Restaurants
The average person in Fredericton spends $284 on restaurants per month.
Product | Avg. | Min. | Max. |
---|---|---|---|
Meal, Inexpensive Restaurant, Restaurants
|
$20.00
|
$20.00
|
$25.00
|
Meal for 2 People, Mid-range Restaurant, Three-course, Restaurants
|
$75.00
|
$50.00
|
$100.00
|
McMeal at McDonalds (or Equivalent Combo Meal), Restaurants
|
$15.00
|
$12.00
|
$18.00
|
Domestic Beer (0.5 liter draught), Restaurants
|
$7.00
|
$6.00
|
$8.87
|
Imported Beer (0.33 liter bottle), Restaurants
|
$7.50
|
$6.00
|
$9.00
|
Coke/Pepsi (0.33 liter bottle), Restaurants
|
$3.17
|
$2.00
|
$4.00
|
Water (0.33 liter bottle) , Restaurants
|
$2.67
|
$2.00
|
$3.00
|
Cappuccino (regular), Restaurants
|
$4.92
|
$4.00
|
$8.00
|
Updated: 2024-12-01 (45 contributors in the last 12 months)
Other
The average person in Fredericton spends $150 on miscellaneous goods and services per month.
Product | Avg. | Min. | Max. |
---|
Updated: 2024-12-01 (45 contributors in the last 12 months)
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 Fredericton 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
$2,996/month
Monthly net income of $160,000/year
$8,835/month
Share your results
Email or share the results of the Cost of Living Calculator with yourself or others
Jobs paying $160,000+/year
City of Fredericton
-
3 Jobs
Fredericton, NB
$75,374.78 - $94,218.48 / hour
Full-time
12 days ago
Quick Apply
Most affordable cities in New Brunswick
Avg. Salary
$51,080
Avg. Monthly Net pay
$3,294
Avg. Cost of Living
$2,998
Affordability Index
109.86%
Avg. Salary
$46,160
Avg. Monthly Net pay
$3,012
Avg. Cost of Living
$2,989
Affordability Index
100.77%
Avg. Salary
$46,880
Avg. Monthly Net pay
$3,054
Avg. Cost of Living
$3,474
Affordability Index
87.91%
Avg. Salary
$44,200
Avg. Monthly Net pay
$2,898
Avg. Cost of Living
$3,309
Affordability Index
87.59%
Avg. Salary
$43,560
Avg. Monthly Net pay
$2,861
Avg. Cost of Living
$3,478
Affordability Index
82.26%
Avg. Salary
$42,920
Avg. Monthly Net pay
$2,824
Avg. Cost of Living
$3,570
Affordability Index
79.1%
Avg. Salary
$40,440
Avg. Monthly Net pay
$2,680
Avg. Cost of Living
$3,425
Affordability Index
78.24%
Avg. Salary
$38,160
Avg. Monthly Net pay
$2,547
Avg. Cost of Living
$3,891
Affordability Index
65.47%
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.
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
|
Fredericton, New Brunswick | $51,080 | $3,294 | $2,998 |
10986
109.86%
|
02
2
|
Moncton, New Brunswick | $46,160 | $3,012 | $2,989 |
10077
100.77%
|
03
3
|
Sackville, New Brunswick | $46,880 | $3,054 | $3,474 |
08790
87.91%
|
04
4
|
Saint John, New Brunswick | $44,200 | $2,898 | $3,309 |
08758
87.59%
|
05
5
|
Edmundston, New Brunswick | $43,560 | $2,861 | $3,478 |
08226
82.26%
|
06
6
|
Grand Falls, New Brunswick | $42,920 | $2,824 | $3,570 |
07909
79.1%
|
07
7
|
Bathurst, New Brunswick | $40,440 | $2,680 | $3,425 |
07824
78.24%
|
08
8
|
Campbellton, New Brunswick | $38,160 | $2,547 | $3,891 |
06546
65.47%
|
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.
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.