How Much Does It Cost To Live In Cambridge Ontario?

The average cost of living in Cambridge is $2,818/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

What is a good salary in Cambridge Ontario?

The average cambridge on salary in Canada is $37,050 per year or $19 per hour. Entry-level positions start at $31,688 per year, while most experienced workers make up to $53,625 per year.

Is Cambridge cheap to live in?

Summary about cost of living in Cambridge, United Kingdom: Family of four estimated monthly costs are 3,027$ (2,624£) without rent. A single person estimated monthly costs are 872$ (756£) without rent.

Is Cambridge cost of living?

Summary about cost of living in Cambridge, MA, United States: Family of four estimated monthly costs are 4,420$ without rent. A single person estimated monthly costs are 1,210$ without rent.

How much does it cost to live in Cambridge for a month?

Cost of living in Cambridge, United Kingdom is $2,306 and it seems affordable according to the average monthly salary which is $2,476. For more living costs insights, check the list of prices for Restaurants, Markets, Transportation, Utilities, and 40 more categories.

Is $80000 a good salary in Ontario?

Average Salary in Toronto
A person making $80,000 a year in Toronto makes 53.1% more than the average working person in Toronto and will take home about $59,472.

How much is a livable wage in Ontario?

$22.08 per hour
The living wage in Toronto is $22.08 per hour, which is $2,867/month or just over $42,900/year.
We need a living wage in Toronto.

Is rent in Cambridge expensive?

Rents in Cambridge are among the most expensive in England, new figures have revealed. The numbers, released by the Valuation Office Agency, show an average two-bed property costs £1,219 a month in the year to March.

How much is minimum wage in Cambridge?

$14.25
Living Wage Calculation for Boston-Cambridge-Newton, MA

Is Cambridge very expensive?

Below London, we would find Cambridge is the second most expensive place to live in the United Kingdom. With the average property price being around £430k.

How much does housing cost in Cambridge?

The average property price in Cambridge postcode area is £450k, the median price is £372k. The average price increased by £24.4k (6%) over the last twelve months. The price of an established property is £450k. The price of a newly built property is £449k.

What is the average house price in Cambridge?

In October 2022, the median listing home price in Cambridge, MA was $1.1M, trending up 21.2% year-over-year. The median listing home price per square foot was $908. The median home sold price was $950K.

Why is renting in Cambridge so expensive?

Cambridge. Cambridge is one of the nation’s strongest economies with the most well-educated workers in the country and the fastest population growth of any UK city. The huge demand for housing is held back by the need to conserve the historic city centre and the green belt that surrounds the city.

Where do rich people live in Cambridge?

Streets such as Barrow Road, Bentley Road, Newton Road, Latham Road and Chaucer Road are amongst the most exclusive addresses in Cambridge.

What is a rich salary in Ontario?

If you earn more than $236,000 per year, you can safely say you’re part of this minority and what’s considered “rich”. Believe it or not, the top 5% of earners have salaries above $265,530, while the top 1% earn an eye-watering average of $685,000!

What is middle class income Canada?

The median after-tax income of Canadian families and unattached individuals was $62,900 in 2019, up 0.5%, which was not a statistically significant change over 2018. For non-senior families, where the highest-income earner was under 65 years of age, the median after-tax income was $93,800 in 2019.

How much is 70k a year hourly in Ontario?

Results. A salary of $70,000 equates to a monthly pay of $5,833, weekly pay of $1,346, and an hourly wage of $33.65.

Is $20 an hour good in Canada?

$20 per hour is a wage, not a salary and it is not a high wage for most jobs.

Is $65000 a good salary in Ontario?

Average Salary in Toronto
A person making $65,000 a year in Toronto makes 24.4% more than the average working person in Toronto and will take home about $49,070.

How much does a single person need to live in Ontario?

A person living alone in Toronto spends an estimated $1,323.88 per month, not including rent. That’s based on 5,299 entries from over 960 contributors over the past 12 months. Here are some of the cost breakdowns by Numbeo for the average person in Toronto: Rent (one-bedroom): $2,161.53 per month.

Is Cambridge a rich area?

Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences.