Is $265,000 a good salary in Newmarket, Ontario?
Is $265,000 a good salary in Newmarket, Ontario?
$265,000 is $208,000 more than the average yearly salary of $57,000 in Newmarket. A salary of $265,000 per year means that you would be taking home about $161,881 per year after taxes, or $13,490 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Newmarket is $130,400.
Updated: December 1, 2024
Average Cost of Living per Month in Newmarket
The average cost of living in Newmarket is $3,428/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
$3,428/month
Monthly net income of $265,000/year
$13,490/month
Average total income in 2020
$57,000
Average total household income in 2020
$130,400
Average Salary in Newmarket
The average salary in Newmarket is $57,000, which is 4.7% higher than the Canadian average salary of $54,450. A person making $265,000 a year in Newmarket makes 364.9% more than the average working person in Newmarket and will take home about $161,881.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Newmarket. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $265,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Newmarket is $1,579.
Transit
Driver
Transportation
The average monthly cost for a driver in Newmarket is $623.
Groceries
The average person spends $401 on groceries per month in Newmarket.
Utilities
The average monthly cost of utilities in Newmarket is $117.
Leisure & Entertainment
The average person in Newmarket spends $162 on leisure & entertainment per month.
Clothing
The average person in Newmarket spends $30 on clothing per month.
Restaurants
The average person in Newmarket spends $366 on restaurants per month.
Other
The average person in Newmarket 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 Newmarket 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
$3,428/month
Monthly net income of $265,000/year
$13,490/month
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Email or share the results of the Cost of Living Calculator with yourself or others
Most affordable cities in Ontario
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Affordability Index
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Affordability Index
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Avg. Monthly Net pay
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Avg. Cost of Living
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Affordability Index
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$3,625
Avg. Cost of Living
$3,347
Affordability Index
108.3%
Avg. Salary
$64,500
Avg. Monthly Net pay
$4,108
Avg. Cost of Living
$3,803
Affordability Index
108.03%
Avg. Salary
$60,050
Avg. Monthly Net pay
$3,872
Avg. Cost of Living
$3,586
Affordability Index
107.97%
11.
Kenora, Ontario
Avg. Salary
$55,100
Avg. Monthly Net pay
$3,604
Avg. Cost of Living
$3,363
Affordability Index
107.18%
Avg. Salary
$61,000
Avg. Monthly Net pay
$3,922
Avg. Cost of Living
$3,660
Affordability Index
107.17%
Avg. Salary
$54,450
Avg. Monthly Net pay
$3,567
Avg. Cost of Living
$3,351
Affordability Index
106.44%
Avg. Salary
$60,250
Avg. Monthly Net pay
$3,882
Avg. Cost of Living
$3,654
Affordability Index
106.25%
15.
Sarnia, Ontario
Avg. Salary
$54,050
Avg. Monthly Net pay
$3,543
Avg. Cost of Living
$3,381
Affordability Index
104.8%
Avg. Salary
$68,900
Avg. Monthly Net pay
$4,331
Avg. Cost of Living
$4,139
Affordability Index
104.63%
17.
Vaughan, Ontario
Avg. Salary
$62,050
Avg. Monthly Net pay
$3,978
Avg. Cost of Living
$3,893
Affordability Index
102.19%
18.
Ajax, Ontario
Avg. Salary
$54,300
Avg. Monthly Net pay
$3,558
Avg. Cost of Living
$3,486
Affordability Index
102.06%
Avg. Salary
$51,000
Avg. Monthly Net pay
$3,365
Avg. Cost of Living
$3,299
Affordability Index
102%
Avg. Salary
$53,400
Avg. Monthly Net pay
$3,506
Avg. Cost of Living
$3,451
Affordability Index
101.59%
Avg. Salary
$52,900
Avg. Monthly Net pay
$3,477
Avg. Cost of Living
$3,425
Affordability Index
101.51%
Avg. Salary
$53,550
Avg. Monthly Net pay
$3,514
Avg. Cost of Living
$3,504
Affordability Index
100.3%
Avg. Salary
$49,400
Avg. Monthly Net pay
$3,267
Avg. Cost of Living
$3,260
Affordability Index
100.2%
24.
Cobourg, Ontario
Avg. Salary
$52,000
Avg. Monthly Net pay
$3,424
Avg. Cost of Living
$3,424
Affordability Index
100.01%
25.
Oshawa, Ontario
Avg. Salary
$48,960
Avg. Monthly Net pay
$3,240
Avg. Cost of Living
$3,259
Affordability Index
99.4%
Avg. Salary
$53,750
Avg. Monthly Net pay
$3,526
Avg. Cost of Living
$3,591
Affordability Index
98.19%
27.
Toronto, Ontario
Avg. Salary
$62,050
Avg. Monthly Net pay
$3,978
Avg. Cost of Living
$4,161
Affordability Index
95.61%
Avg. Salary
$49,560
Avg. Monthly Net pay
$3,276
Avg. Cost of Living
$3,437
Affordability Index
95.33%
Avg. Salary
$50,480
Avg. Monthly Net pay
$3,333
Avg. Cost of Living
$3,502
Affordability Index
95.17%
30.
Dryden, Ontario
Avg. Salary
$52,850
Avg. Monthly Net pay
$3,474
Avg. Cost of Living
$3,660
Affordability Index
94.91%
31.
Guelph, Ontario
Avg. Salary
$55,200
Avg. Monthly Net pay
$3,610
Avg. Cost of Living
$3,822
Affordability Index
94.46%
Avg. Salary
$53,750
Avg. Monthly Net pay
$3,526
Avg. Cost of Living
$3,750
Affordability Index
94.03%
Avg. Salary
$47,160
Avg. Monthly Net pay
$3,141
Avg. Cost of Living
$3,351
Affordability Index
93.75%
34.
Hearst, Ontario
Avg. Salary
$53,850
Avg. Monthly Net pay
$3,532
Avg. Cost of Living
$3,778
Affordability Index
93.48%
Avg. Salary
$49,520
Avg. Monthly Net pay
$3,274
Avg. Cost of Living
$3,517
Affordability Index
93.09%
Avg. Salary
$47,160
Avg. Monthly Net pay
$3,141
Avg. Cost of Living
$3,380
Affordability Index
92.94%
37.
London, Ontario
Avg. Salary
$50,440
Avg. Monthly Net pay
$3,331
Avg. Cost of Living
$3,589
Affordability Index
92.8%
Avg. Salary
$49,720
Avg. Monthly Net pay
$3,286
Avg. Cost of Living
$3,548
Affordability Index
92.62%
Avg. Salary
$49,720
Avg. Monthly Net pay
$3,286
Avg. Cost of Living
$3,570
Affordability Index
92.05%
Avg. Salary
$41,280
Avg. Monthly Net pay
$2,780
Avg. Cost of Living
$3,029
Affordability Index
91.78%
Avg. Salary
$51,950
Avg. Monthly Net pay
$3,422
Avg. Cost of Living
$3,737
Affordability Index
91.56%
Avg. Salary
$46,200
Avg. Monthly Net pay
$3,082
Avg. Cost of Living
$3,379
Affordability Index
91.22%
Avg. Salary
$49,160
Avg. Monthly Net pay
$3,252
Avg. Cost of Living
$3,568
Affordability Index
91.14%
Avg. Salary
$49,440
Avg. Monthly Net pay
$3,269
Avg. Cost of Living
$3,587
Affordability Index
91.14%
Avg. Salary
$49,920
Avg. Monthly Net pay
$3,299
Avg. Cost of Living
$3,660
Affordability Index
90.12%
46.
Whitby, Ontario
Avg. Salary
$63,000
Avg. Monthly Net pay
$4,028
Avg. Cost of Living
$4,479
Affordability Index
89.93%
47.
Thorold, Ontario
Avg. Salary
$46,000
Avg. Monthly Net pay
$3,070
Avg. Cost of Living
$3,429
Affordability Index
89.53%
48.
Markham, Ontario
Avg. Salary
$53,950
Avg. Monthly Net pay
$3,538
Avg. Cost of Living
$3,986
Affordability Index
88.75%
49.
Milton, Ontario
Avg. Salary
$60,900
Avg. Monthly Net pay
$3,917
Avg. Cost of Living
$4,437
Affordability Index
88.28%
Avg. Salary
$51,450
Avg. Monthly Net pay
$3,393
Avg. Cost of Living
$3,845
Affordability Index
88.23%
51.
Midland, Ontario
Avg. Salary
$45,160
Avg. Monthly Net pay
$3,019
Avg. Cost of Living
$3,428
Affordability Index
88.05%
52.
Barrie, Ontario
Avg. Salary
$51,550
Avg. Monthly Net pay
$3,398
Avg. Cost of Living
$3,864
Affordability Index
87.95%
Avg. Salary
$45,560
Avg. Monthly Net pay
$3,043
Avg. Cost of Living
$3,468
Affordability Index
87.75%
Avg. Salary
$47,560
Avg. Monthly Net pay
$3,166
Avg. Cost of Living
$3,609
Affordability Index
87.73%
Avg. Salary
$47,080
Avg. Monthly Net pay
$3,137
Avg. Cost of Living
$3,587
Affordability Index
87.44%
Avg. Salary
$46,280
Avg. Monthly Net pay
$3,087
Avg. Cost of Living
$3,536
Affordability Index
87.31%
Avg. Salary
$44,840
Avg. Monthly Net pay
$2,999
Avg. Cost of Living
$3,440
Affordability Index
87.18%
Avg. Salary
$54,150
Avg. Monthly Net pay
$3,549
Avg. Cost of Living
$4,088
Affordability Index
86.82%
Avg. Salary
$44,080
Avg. Monthly Net pay
$2,952
Avg. Cost of Living
$3,416
Affordability Index
86.42%
60.
Welland, Ontario
Avg. Salary
$44,440
Avg. Monthly Net pay
$2,974
Avg. Cost of Living
$3,490
Affordability Index
85.22%
Avg. Salary
$46,960
Avg. Monthly Net pay
$3,129
Avg. Cost of Living
$3,702
Affordability Index
84.53%
62.
Windsor, Ontario
Avg. Salary
$45,400
Avg. Monthly Net pay
$3,033
Avg. Cost of Living
$3,594
Affordability Index
84.4%
Avg. Salary
$45,400
Avg. Monthly Net pay
$3,033
Avg. Cost of Living
$3,651
Affordability Index
83.08%
Avg. Salary
$47,880
Avg. Monthly Net pay
$3,186
Avg. Cost of Living
$3,847
Affordability Index
82.81%
Avg. Salary
$57,100
Avg. Monthly Net pay
$3,715
Avg. Cost of Living
$4,525
Affordability Index
82.1%
66.
Orillia, Ontario
Avg. Salary
$45,480
Avg. Monthly Net pay
$3,038
Avg. Cost of Living
$3,734
Affordability Index
81.37%
Avg. Salary
$44,360
Avg. Monthly Net pay
$2,969
Avg. Cost of Living
$3,703
Affordability Index
80.19%
Avg. Salary
$42,400
Avg. Monthly Net pay
$2,849
Avg. Cost of Living
$3,568
Affordability Index
79.85%
Avg. Salary
$39,120
Avg. Monthly Net pay
$2,647
Avg. Cost of Living
$3,459
Affordability Index
76.53%
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
|
Oakville, Ontario | $81,800 | $5,075 | $3,825 |
13266
132.67%
|
|
02
2
|
Aurora, Ontario | $71,700 | $4,495 | $3,471 |
12949
129.5%
|
|
03
3
|
Newmarket, Ontario | $57,000 | $3,710 | $3,287 |
11285
112.85%
|
|
04
4
|
East Gwillimbury, Ontario | $59,950 | $3,866 | $3,440 |
11239
112.4%
|
|
05
5
|
Deep River, Ontario | $61,300 | $3,938 | $3,568 |
11037
110.38%
|
|
06
6
|
Sault Ste. Marie, Ontario | $49,680 | $3,284 | $3,016 |
10887
108.88%
|
|
07
7
|
Timmins, Ontario | $55,100 | $3,604 | $3,320 |
10856
108.57%
|
|
08
8
|
Greater Sudbury, Ontario | $55,450 | $3,625 | $3,347 |
10829
108.3%
|
|
09
9
|
Ottawa, Ontario | $64,500 | $4,108 | $3,803 |
10802
108.03%
|
|
10
10
|
Pickering, Ontario | $60,050 | $3,872 | $3,586 |
10797
107.97%
|
|
11
11
|
Kenora, Ontario | $55,100 | $3,604 | $3,363 |
10717
107.18%
|
|
12
12
|
Marathon, Ontario | $61,000 | $3,922 | $3,660 |
10716
107.17%
|
|
13
13
|
Orangeville, Ontario | $54,450 | $3,567 | $3,351 |
10643
106.44%
|
|
14
14
|
Waterloo, Ontario | $60,250 | $3,882 | $3,654 |
10625
106.25%
|
|
15
15
|
Sarnia, Ontario | $54,050 | $3,543 | $3,381 |
10480
104.8%
|
|
16
16
|
Burlington, Ontario | $68,900 | $4,331 | $4,139 |
10463
104.63%
|
|
17
17
|
Vaughan, Ontario | $62,050 | $3,978 | $3,893 |
10218
102.19%
|
|
18
18
|
Ajax, Ontario | $54,300 | $3,558 | $3,486 |
10206
102.06%
|
|
19
19
|
Thunder Bay, Ontario | $51,000 | $3,365 | $3,299 |
10199
102%
|
|
20
20
|
Innisfil, Ontario | $53,400 | $3,506 | $3,451 |
10158
101.59%
|
|
21
21
|
Fort Frances, Ontario | $52,900 | $3,477 | $3,425 |
10150
101.51%
|
|
22
22
|
New Tecumseth, Ontario | $53,550 | $3,514 | $3,504 |
10029
100.3%
|
|
23
23
|
Woodstock, Ontario | $49,400 | $3,267 | $3,260 |
10020
100.2%
|
|
24
24
|
Cobourg, Ontario | $52,000 | $3,424 | $3,424 |
10001
100.01%
|
|
25
25
|
Oshawa, Ontario | $48,960 | $3,240 | $3,259 |
09940
99.4%
|
|
26
26
|
Kingston, Ontario | $53,750 | $3,526 | $3,591 |
09819
98.19%
|
|
27
27
|
Toronto, Ontario | $62,050 | $3,978 | $4,161 |
09560
95.61%
|
|
28
28
|
Arnprior, Ontario | $49,560 | $3,276 | $3,437 |
09532
95.33%
|
|
29
29
|
Stratford, Ontario | $50,480 | $3,333 | $3,502 |
09517
95.17%
|
|
30
30
|
Dryden, Ontario | $52,850 | $3,474 | $3,660 |
09491
94.91%
|
|
31
31
|
Guelph, Ontario | $55,200 | $3,610 | $3,822 |
09445
94.46%
|
|
32
32
|
Hamilton, Ontario | $53,750 | $3,526 | $3,750 |
09402
94.03%
|
|
33
33
|
Brantford, Ontario | $47,160 | $3,141 | $3,351 |
09374
93.75%
|
|
34
34
|
Hearst, Ontario | $53,850 | $3,532 | $3,778 |
09348
93.48%
|
|
35
35
|
North Bay, Ontario | $49,520 | $3,274 | $3,517 |
09308
93.09%
|
|
36
36
|
Fort Erie, Ontario | $47,160 | $3,141 | $3,380 |
09294
92.94%
|
|
37
37
|
London, Ontario | $50,440 | $3,331 | $3,589 |
09279
92.8%
|
|
38
38
|
Timiskaming District, Ontario | $49,720 | $3,286 | $3,548 |
09262
92.62%
|
|
39
39
|
Kapuskasing, Ontario | $49,720 | $3,286 | $3,570 |
09205
92.05%
|
|
40
40
|
Cornwall, Ontario | $41,280 | $2,780 | $3,029 |
09178
91.78%
|
|
41
41
|
Kitchener, Ontario | $51,950 | $3,422 | $3,737 |
09155
91.56%
|
|
42
42
|
Brockville, Ontario | $46,200 | $3,082 | $3,379 |
09122
91.22%
|
|
43
43
|
Temiskaming Shores, Ontario | $49,160 | $3,252 | $3,568 |
09113
91.14%
|
|
44
44
|
Goderich, Ontario | $49,440 | $3,269 | $3,587 |
09113
91.14%
|
|
45
45
|
Atikokan, Ontario | $49,920 | $3,299 | $3,660 |
09012
90.12%
|
|
46
46
|
Whitby, Ontario | $63,000 | $4,028 | $4,479 |
08993
89.93%
|
|
47
47
|
Thorold, Ontario | $46,000 | $3,070 | $3,429 |
08953
89.53%
|
|
48
48
|
Markham, Ontario | $53,950 | $3,538 | $3,986 |
08875
88.75%
|
|
49
49
|
Milton, Ontario | $60,900 | $3,917 | $4,437 |
08828
88.28%
|
|
50
50
|
Cambridge, Ontario | $51,450 | $3,393 | $3,845 |
08823
88.23%
|
|
51
51
|
Midland, Ontario | $45,160 | $3,019 | $3,428 |
08805
88.05%
|
|
52
52
|
Barrie, Ontario | $51,550 | $3,398 | $3,864 |
08794
87.95%
|
|
53
53
|
Port Colborne, Ontario | $45,560 | $3,043 | $3,468 |
08774
87.75%
|
|
54
54
|
St. Catharines, Ontario | $47,560 | $3,166 | $3,609 |
08772
87.73%
|
|
55
55
|
Tillsonburg, Ontario | $47,080 | $3,137 | $3,587 |
08744
87.44%
|
|
56
56
|
St. Thomas, Ontario | $46,280 | $3,087 | $3,536 |
08731
87.31%
|
|
57
57
|
Niagara Falls, Ontario | $44,840 | $2,999 | $3,440 |
08717
87.18%
|
|
58
58
|
Mississauga, Ontario | $54,150 | $3,549 | $4,088 |
08682
86.82%
|
|
59
59
|
Parry Sound, Ontario | $44,080 | $2,952 | $3,416 |
08642
86.42%
|
|
60
60
|
Welland, Ontario | $44,440 | $2,974 | $3,490 |
08522
85.22%
|
|
61
61
|
Peterborough, Ontario | $46,960 | $3,129 | $3,702 |
08452
84.53%
|
|
62
62
|
Windsor, Ontario | $45,400 | $3,033 | $3,594 |
08439
84.4%
|
|
63
63
|
Brampton, Ontario | $45,400 | $3,033 | $3,651 |
08308
83.08%
|
|
64
64
|
Belleville, Ontario | $47,880 | $3,186 | $3,847 |
08280
82.81%
|
|
65
65
|
Richmond Hill, Ontario | $57,100 | $3,715 | $4,525 |
08209
82.1%
|
|
66
66
|
Orillia, Ontario | $45,480 | $3,038 | $3,734 |
08136
81.37%
|
|
67
67
|
Owen Sound, Ontario | $44,360 | $2,969 | $3,703 |
08018
80.19%
|
|
68
68
|
Thessalon, Ontario | $42,400 | $2,849 | $3,568 |
07984
79.85%
|
|
69
69
|
Elliot Lake, Ontario | $39,120 | $2,647 | $3,459 |
07653
76.53%
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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.