Is $28,000 a good salary in Peterborough, Ontario?
Is $28,000 a good salary in Peterborough, Ontario?
$28,000 is $18,960 less than the average yearly salary of $46,960 in Peterborough. A salary of $28,000 per year means that you would be taking home about $23,717 per year after taxes, or $1,976 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Peterborough is $87,800.
![Peterborough, Ontario](https://careerbeacon-canada.s3.amazonaws.com/job_board/images/landmark/7494.webp)
Updated: September 1, 2024
Average Cost of Living per Month in Peterborough
The average cost of living in Peterborough is $3,575/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
$3,575/month
Monthly net income of $28,000/year
$1,976/month
Average total income in 2020
$46,960
Average total household income in 2020
$87,800
Average Salary in Peterborough
The average salary in Peterborough is $46,960, which is 13.8% lower than the Canadian average salary of $54,450. A person making $28,000 a year in Peterborough makes 40.4% less than the average working person in Peterborough and will take home about $23,717.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Peterborough. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $28,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Peterborough is $1,693.
Transit
Driver
Transportation
The average monthly cost for a driver in Peterborough is $624.
Groceries
The average person spends $434 on groceries per month in Peterborough.
Utilities
The average monthly cost of utilities in Peterborough is $175.
Leisure & Entertainment
The average person in Peterborough spends $150 on leisure & entertainment per month.
Clothing
The average person in Peterborough spends $30 on clothing per month.
Restaurants
The average person in Peterborough spends $319 on restaurants per month.
Other
The average person in Peterborough 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 Peterborough 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
$3,575/month
Monthly net income of $28,000/year
$1,976/month
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