Is $240,000 a good salary in Lynn Lake, Manitoba?

Is $240,000 a good salary in Lynn Lake, Manitoba?

$240,000 is $191,000 more than the average yearly salary of $49,000 in Lynn Lake. A salary of $240,000 per year means that you would be taking home about $148,871 per year after taxes, or $12,406 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Lynn Lake is $85,000.

Lynn Lake, Manitoba
Updated: May 1, 2023

Average Cost of Living per Month in Lynn Lake

The average cost of living in Lynn Lake 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 $240,000/year
$12,406/month
Average total income in 2020
$49,000
Average total household income in 2020
$85,000

Average Salary in Lynn Lake

The average salary in Lynn Lake is $49,000, which is 10% lower than the Canadian average salary of $54,450. A person making $240,000 a year in Lynn Lake makes 389.8% more than the average working person in Lynn Lake and will take home about $148,871.
Net Annual Pay:
$148,871
Income tax breakdown
Hourly Salary:
$123.08
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Lynn Lake. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $240,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Lynn Lake is $635.
Groceries

Groceries

The average person spends $502 on groceries per month in Lynn Lake.
Utilities

Utilities

The average monthly cost of utilities in Lynn Lake is $167.
Leisure & Entertainment

Leisure & Entertainment

The average person in Lynn Lake spends $154 on leisure & entertainment per month.
Clothing

Clothing

The average person in Lynn Lake spends $40 on clothing per month.
Restaurants

Restaurants

The average person in Lynn Lake spends $343 on restaurants per month.
Other

Other

The average person in Lynn Lake 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 Lynn Lake 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 $240,000/year
$12,406/month

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Most affordable cities in Manitoba

1. Gillam, Manitoba
Avg. Salary $76,800
Avg. Monthly Net pay $4,625
Avg. Cost of Living $3,570
Affordability Index
129.56%
2. Brandon, Manitoba
Avg. Salary $49,120
Avg. Monthly Net pay $3,167
Avg. Cost of Living $2,631
Affordability Index
120.39%
3. Winnipeg, Manitoba
Avg. Salary $50,120
Avg. Monthly Net pay $3,223
Avg. Cost of Living $3,366
Affordability Index
95.75%
4. The Pas, Manitoba
Avg. Salary $53,200
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,570
Affordability Index
95.05%
5. Thompson, Manitoba
Avg. Salary $57,300
Avg. Monthly Net pay $3,614
Avg. Cost of Living $4,060
Affordability Index
89.02%
6. Lynn Lake, Manitoba
Avg. Salary $49,000
Avg. Monthly Net pay $3,161
Avg. Cost of Living $3,570
Affordability Index
88.54%
7. Morden, Manitoba
Avg. Salary $44,240
Avg. Monthly Net pay $2,892
Avg. Cost of Living $3,459
Affordability Index
83.62%
8. Dauphin, Manitoba
Avg. Salary $45,120
Avg. Monthly Net pay $2,943
Avg. Cost of Living $3,532
Affordability Index
83.31%
9. Selkirk, Manitoba
Avg. Salary $44,880
Avg. Monthly Net pay $2,929
Avg. Cost of Living $3,532
Affordability Index
82.93%
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
 Gillam, Manitoba $76,800 $4,625 $3,570
12956
129.56%
02
2
 Brandon, Manitoba $49,120 $3,167 $2,631
12038
120.39%
03
3
 Winnipeg, Manitoba $50,120 $3,223 $3,366
09574
95.75%
04
4
 The Pas, Manitoba $53,200 $3,393 $3,570
09505
95.05%
05
5
 Thompson, Manitoba $57,300 $3,614 $4,060
08901
89.02%
06
6
 Lynn Lake, Manitoba $49,000 $3,161 $3,570
08853
88.54%
07
7
 Morden, Manitoba $44,240 $2,892 $3,459
08362
83.62%
08
8
 Dauphin, Manitoba $45,120 $2,943 $3,532
08331
83.31%
09
9
 Selkirk, Manitoba $44,880 $2,929 $3,532
08292
82.93%
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.

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