Is $255,000 a good salary in Thompson, Manitoba?

Is $255,000 a good salary in Thompson, Manitoba?

$255,000 is $197,700 more than the average yearly salary of $57,300 in Thompson. A salary of $255,000 per year means that you would be taking home about $156,581 per year after taxes, or $13,048 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Thompson is $110,400.

Thompson, Manitoba
Updated: January 1, 2024

Average Cost of Living per Month in Thompson

The average cost of living in Thompson is $4,060/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
$4,060/month
Monthly net income of $255,000/year
$13,048/month
Average total income in 2020
$57,300
Average total household income in 2020
$110,400

Average Salary in Thompson

The average salary in Thompson is $57,300, which is 5.2% higher than the Canadian average salary of $54,450. A person making $255,000 a year in Thompson makes 345% more than the average working person in Thompson and will take home about $156,581.
Net Annual Pay:
$156,581
Income tax breakdown
Hourly Salary:
$130.77
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Thompson. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $255,000.
Renter
Homeowner
Housing

Housing

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

Transportation

The average monthly cost for a driver in Thompson is $1,061.
Groceries

Groceries

The average person spends $519 on groceries per month in Thompson.
Utilities

Utilities

The average monthly cost of utilities in Thompson is $160.
Leisure & Entertainment

Leisure & Entertainment

The average person in Thompson spends $203 on leisure & entertainment per month.
Clothing

Clothing

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

Restaurants

The average person in Thompson spends $343 on restaurants per month.
Other

Other

The average person in Thompson 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 Thompson 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
$4,060/month
Monthly net income of $255,000/year
$13,048/month

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Most affordable cities in Manitoba

1. Gillam, Manitoba
Avg. Salary $76,800
Avg. Monthly Net pay $4,625
Avg. Cost of Living $3,570
Affordability Index
129.56%
2. Brandon, Manitoba
Avg. Salary $49,120
Avg. Monthly Net pay $3,167
Avg. Cost of Living $2,631
Affordability Index
120.39%
3. Winnipeg, Manitoba
Avg. Salary $50,120
Avg. Monthly Net pay $3,223
Avg. Cost of Living $3,366
Affordability Index
95.75%
4. The Pas, Manitoba
Avg. Salary $53,200
Avg. Monthly Net pay $3,393
Avg. Cost of Living $3,570
Affordability Index
95.05%
5. Thompson, Manitoba
Avg. Salary $57,300
Avg. Monthly Net pay $3,614
Avg. Cost of Living $4,060
Affordability Index
89.02%
6. Lynn Lake, Manitoba
Avg. Salary $49,000
Avg. Monthly Net pay $3,161
Avg. Cost of Living $3,570
Affordability Index
88.54%
7. Morden, Manitoba
Avg. Salary $44,240
Avg. Monthly Net pay $2,892
Avg. Cost of Living $3,459
Affordability Index
83.62%
8. Dauphin, Manitoba
Avg. Salary $45,120
Avg. Monthly Net pay $2,943
Avg. Cost of Living $3,532
Affordability Index
83.31%
9. Selkirk, Manitoba
Avg. Salary $44,880
Avg. Monthly Net pay $2,929
Avg. Cost of Living $3,532
Affordability Index
82.93%
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.
Rank City Avg. Salary Avg. Monthly Net pay Avg. Cost of Living Affordability Index
01
1
 Gillam, Manitoba $76,800 $4,625 $3,570
12956
129.56%
02
2
 Brandon, Manitoba $49,120 $3,167 $2,631
12038
120.39%
03
3
 Winnipeg, Manitoba $50,120 $3,223 $3,366
09574
95.75%
04
4
 The Pas, Manitoba $53,200 $3,393 $3,570
09505
95.05%
05
5
 Thompson, Manitoba $57,300 $3,614 $4,060
08901
89.02%
06
6
 Lynn Lake, Manitoba $49,000 $3,161 $3,570
08853
88.54%
07
7
 Morden, Manitoba $44,240 $2,892 $3,459
08362
83.62%
08
8
 Dauphin, Manitoba $45,120 $2,943 $3,532
08331
83.31%
09
9
 Selkirk, Manitoba $44,880 $2,929 $3,532
08292
82.93%
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.

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