Is $78,000 a good salary in Halifax, Nova Scotia?

Is $78,000 a good salary in Halifax, Nova Scotia?

$78,000 is $25,100 more than the average yearly salary of $52,900 in Halifax. A salary of $78,000 per year means that you would be taking home about $54,123 per year after taxes, or $4,510 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Halifax is $99,200.

Halifax, Nova Scotia
Updated: September 1, 2024

Average Cost of Living per Month in Halifax

The average cost of living in Halifax is $3,690/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
$3,690/month

Monthly net income of $78,000/year
$4,510/month
Average total income in 2020
$52,900

Average total household income in 2020
$99,200

Average Salary in Halifax

The average salary in Halifax is $52,900, which is 2.8% lower than the Canadian average salary of $54,450. A person making $78,000 a year in Halifax makes 47.4% more than the average working person in Halifax and will take home about $54,123.
Net Annual Pay:
$54,123
Income tax breakdown
Hourly Salary:
$40.00
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Halifax. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $78,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Halifax is $1,614.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Halifax is $653.
Groceries

Groceries

The average person spends $520 on groceries per month in Halifax.
Utilities

Utilities

The average monthly cost of utilities in Halifax is $209.
Leisure & Entertainment

Leisure & Entertainment

The average person in Halifax spends $161 on leisure & entertainment per month.
Clothing

Clothing

The average person in Halifax spends $42 on clothing per month.
Restaurants

Restaurants

The average person in Halifax spends $341 on restaurants per month.
Other

Other

The average person in Halifax 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 Halifax 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
$3,690/month

Monthly net income of $78,000/year
$4,510/month

Jobs in Halifax

Most affordable cities in Nova Scotia

Avg. Salary $52,900
Avg. Monthly Net pay $3,279
Avg. Cost of Living $3,709
Affordability Index
88.4%
Avg. Salary $45,280
Avg. Monthly Net pay $2,875
Avg. Cost of Living $3,468
Affordability Index
82.9%
Avg. Salary $43,760
Avg. Monthly Net pay $2,794
Avg. Cost of Living $3,440
Affordability Index
81.23%
Avg. Salary $41,840
Avg. Monthly Net pay $2,693
Avg. Cost of Living $3,324
Affordability Index
81%
Avg. Salary $42,360
Avg. Monthly Net pay $2,720
Avg. Cost of Living $3,473
Affordability Index
78.32%
Avg. Salary $42,040
Avg. Monthly Net pay $2,703
Avg. Cost of Living $3,497
Affordability Index
77.3%
Avg. Salary $41,480
Avg. Monthly Net pay $2,673
Avg. Cost of Living $3,476
Affordability Index
76.91%
Avg. Salary $40,640
Avg. Monthly Net pay $2,629
Avg. Cost of Living $3,495
Affordability Index
75.22%
Avg. Salary $38,000
Avg. Monthly Net pay $2,489
Avg. Cost of Living $3,489
Affordability Index
71.34%
Avg. Salary $34,960
Avg. Monthly Net pay $2,328
Avg. Cost of Living $3,622
Affordability Index
64.27%
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
Halifax, Nova Scotia $52,900 $3,279 $3,709
08839
88.4%
02
2
New Glasgow, Nova Scotia $45,280 $2,875 $3,468
08289
82.9%
03
3
Wolfville, Nova Scotia $43,760 $2,794 $3,440
08122
81.23%
04
4
Truro, Nova Scotia $41,840 $2,693 $3,324
08100
81%
05
5
Antigonish, Nova Scotia $42,360 $2,720 $3,473
07832
78.32%
06
6
Port Hawkesbury, Nova Scotia $42,040 $2,703 $3,497
07729
77.3%
07
7
Bridgewater, Nova Scotia $41,480 $2,673 $3,476
07691
76.91%
08
8
Amherst, Nova Scotia $40,640 $2,629 $3,495
07521
75.22%
09
9
Yarmouth, Nova Scotia $38,000 $2,489 $3,489
07133
71.34%
10
10
Digby, Nova Scotia $34,960 $2,328 $3,622
06426
64.27%
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.