Is $62,000 a good salary in Powell River, British Columbia?

Is $62,000 a good salary in Powell River, British Columbia?

$62,000 is $16,800 more than the average yearly salary of $45,200 in Powell River. A salary of $62,000 per year means that you would be taking home about $48,373 per year after taxes, or $4,031 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Powell River is $82,100.

Powell River, British Columbia
Updated: December 1, 2024

Average Cost of Living per Month in Powell River

The average cost of living in Powell River is $3,646/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
$3,646/month

Monthly net income of $62,000/year
$4,031/month
Average total income in 2020
$45,200

Average total household income in 2020
$82,100

Average Salary in Powell River

The average salary in Powell River is $45,200, which is 17% lower than the Canadian average salary of $54,450. A person making $62,000 a year in Powell River makes 37.2% more than the average working person in Powell River and will take home about $48,373.
Net Annual Pay:
$48,373
Income tax breakdown
Hourly Salary:
$31.79
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Powell River. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $62,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Powell River is $614.
Groceries

Groceries

The average person spends $561 on groceries per month in Powell River.
Utilities

Utilities

The average monthly cost of utilities in Powell River is $181.
Leisure & Entertainment

Leisure & Entertainment

The average person in Powell River spends $170 on leisure & entertainment per month.
Clothing

Clothing

The average person in Powell River spends $45 on clothing per month.
Restaurants

Restaurants

The average person in Powell River spends $346 on restaurants per month.
Other

Other

The average person in Powell River 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 Powell River 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
$3,646/month

Monthly net income of $62,000/year
$4,031/month