Is $240,000 a good salary in New Glasgow, Nova Scotia?
Is $240,000 a good salary in New Glasgow, Nova Scotia?
$240,000 is $194,720 more than the average yearly salary of $45,280 in New Glasgow. A salary of $240,000 per year means that you would be taking home about $142,479 per year after taxes, or $11,873 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in New Glasgow is $77,200.
Updated: December 1, 2024
Average Cost of Living per Month in New Glasgow
The average cost of living in New Glasgow is $3,581/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
$3,581/month
Monthly net income of $240,000/year
$11,873/month
Average total income in 2020
$45,280
Average total household income in 2020
$77,200
Average Salary in New Glasgow
The average salary in New Glasgow is $45,280, which is 16.8% lower than the Canadian average salary of $54,450. A person making $240,000 a year in New Glasgow makes 430% more than the average working person in New Glasgow and will take home about $142,479.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for New Glasgow. 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
The average monthly cost of rental housing in New Glasgow is $1,579.
Transit
Driver
Transportation
The average monthly cost for a driver in New Glasgow is $629.
Groceries
The average person spends $507 on groceries per month in New Glasgow.
Utilities
The average monthly cost of utilities in New Glasgow is $240.
Leisure & Entertainment
The average person in New Glasgow spends $148 on leisure & entertainment per month.
Clothing
The average person in New Glasgow spends $38 on clothing per month.
Restaurants
The average person in New Glasgow spends $290 on restaurants per month.
Other
The average person in New Glasgow 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 New Glasgow 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
$3,581/month
Monthly net income of $240,000/year
$11,873/month
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Most affordable cities in Nova Scotia
Avg. Salary
$52,900
Avg. Monthly Net pay
$3,279
Avg. Cost of Living
$3,713
Affordability Index
88.3%
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$43,760
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$2,794
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$3,443
Affordability Index
81.16%
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$45,280
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$2,875
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$3,545
Affordability Index
81.1%
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$2,693
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$3,386
Affordability Index
79.52%
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$42,360
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$2,720
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$3,492
Affordability Index
77.89%
Avg. Salary
$42,040
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$2,703
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$3,519
Affordability Index
76.81%
Avg. Salary
$41,480
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$2,673
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$3,507
Affordability Index
76.23%
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$40,640
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$2,629
Avg. Cost of Living
$3,579
Affordability Index
73.45%
Avg. Salary
$38,000
Avg. Monthly Net pay
$2,489
Avg. Cost of Living
$3,495
Affordability Index
71.22%
Avg. Salary
$34,960
Avg. Monthly Net pay
$2,328
Avg. Cost of Living
$3,613
Affordability Index
64.43%
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
|
Halifax, Nova Scotia | $52,900 | $3,279 | $3,713 |
08830
88.3%
|
|
02
2
|
Wolfville, Nova Scotia | $43,760 | $2,794 | $3,443 |
08115
81.16%
|
|
03
3
|
New Glasgow, Nova Scotia | $45,280 | $2,875 | $3,545 |
08109
81.1%
|
|
04
4
|
Truro, Nova Scotia | $41,840 | $2,693 | $3,386 |
07951
79.52%
|
|
05
5
|
Antigonish, Nova Scotia | $42,360 | $2,720 | $3,492 |
07789
77.89%
|
|
06
6
|
Port Hawkesbury, Nova Scotia | $42,040 | $2,703 | $3,519 |
07681
76.81%
|
|
07
7
|
Bridgewater, Nova Scotia | $41,480 | $2,673 | $3,507 |
07623
76.23%
|
|
08
8
|
Amherst, Nova Scotia | $40,640 | $2,629 | $3,579 |
07345
73.45%
|
|
09
9
|
Yarmouth, Nova Scotia | $38,000 | $2,489 | $3,495 |
07121
71.22%
|
|
10
10
|
Digby, Nova Scotia | $34,960 | $2,328 | $3,613 |
06442
64.43%
|
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.