Is $20,000 a good salary in Grand Falls, New Brunswick?

Is $20,000 a good salary in Grand Falls, New Brunswick?

$20,000 is $22,920 less than the average yearly salary of $42,920 in Grand Falls. A salary of $20,000 per year means that you would be taking home about $17,904 per year after taxes, or $1,492 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Grand Falls is $74,700.

Grand Falls, New Brunswick
Updated: May 1, 2023

Average Cost of Living per Month in Grand Falls

The average cost of living in Grand Falls is $3,569/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
$3,569/month

Monthly net income of $20,000/year
$1,492/month
Average total income in 2020
$42,920

Average total household income in 2020
$74,700

Average Salary in Grand Falls

The average salary in Grand Falls is $42,920, which is 21.2% lower than the Canadian average salary of $54,450. A person making $20,000 a year in Grand Falls makes 53.4% less than the average working person in Grand Falls and will take home about $17,904.
Net Annual Pay:
$17,904
Income tax breakdown
Hourly Salary:
$10.26
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Grand Falls. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $20,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Grand Falls is $633.
Groceries

Groceries

The average person spends $502 on groceries per month in Grand Falls.
Utilities

Utilities

The average monthly cost of utilities in Grand Falls is $166.
Leisure & Entertainment

Leisure & Entertainment

The average person in Grand Falls spends $155 on leisure & entertainment per month.
Clothing

Clothing

The average person in Grand Falls spends $41 on clothing per month.
Restaurants

Restaurants

The average person in Grand Falls spends $343 on restaurants per month.
Other

Other

The average person in Grand Falls 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 Grand Falls 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
$3,569/month

Monthly net income of $20,000/year
$1,492/month

Jobs paying $20,000+/year

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.
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.