Is $120,000 a good salary in Owen Sound, Ontario?
Is $120,000 a good salary in Owen Sound, Ontario?
$120,000 is $75,640 more than the average yearly salary of $44,360 in Owen Sound. A salary of $120,000 per year means that you would be taking home about $85,955 per year after taxes, or $7,163 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Owen Sound is $77,300.
Updated: November 1, 2024
Average Cost of Living per Month in Owen Sound
The average cost of living in Owen Sound is $3,703/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
$3,703/month
Monthly net income of $120,000/year
$7,163/month
Average total income in 2020
$44,360
Average total household income in 2020
$77,300
Average Salary in Owen Sound
The average salary in Owen Sound is $44,360, which is 18.5% lower than the Canadian average salary of $54,450. A person making $120,000 a year in Owen Sound makes 170.5% more than the average working person in Owen Sound and will take home about $85,955.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Owen Sound. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $120,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Owen Sound is $1,579.
Transit
Driver
Transportation
The average monthly cost for a driver in Owen Sound is $622.
Groceries
The average person spends $596 on groceries per month in Owen Sound.
Utilities
The average monthly cost of utilities in Owen Sound is $159.
Leisure & Entertainment
The average person in Owen Sound spends $263 on leisure & entertainment per month.
Clothing
The average person in Owen Sound spends $36 on clothing per month.
Restaurants
The average person in Owen Sound spends $298 on restaurants per month.
Other
The average person in Owen Sound 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 Owen Sound 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
$3,703/month
Monthly net income of $120,000/year
$7,163/month
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