Is $58,000 a good salary in Grand Falls, New Brunswick?

Is $58,000 a good salary in Grand Falls, New Brunswick?

$58,000 is $15,080 more than the average yearly salary of $42,920 in Grand Falls. A salary of $58,000 per year means that you would be taking home about $43,912 per year after taxes, or $3,659 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 $3,570/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
$3,659/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 $58,000 a year in Grand Falls makes 35.1% more than the average working person in Grand Falls and will take home about $43,912.
Net Annual Pay:
$43,912
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 Grand Falls. 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 Grand Falls is $1,579.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Grand Falls is $635.
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 $167.
Leisure & Entertainment

Leisure & Entertainment

The average person in Grand Falls spends $154 on leisure & entertainment per month.
Clothing

Clothing

The average person in Grand Falls spends $40 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
$3,570/month

Monthly net income of $58,000/year
$3,659/month

Jobs paying $58,000+/year