What salary do you need to comfortably live in Brampton in Ontario, Canada?
Brampton is not only a beautiful city but it is a city with growing population, developing economic sectors and full of opportunities. This city is situated in GTA and is one of the most demanded city in Ontario, as it has a lot of potential. That is why many people want to know that how much money they need to live comfortably here.
So, today, we'll look at the numbers and give you an estimate of what salary you need to live comfortably in Brampton.
What salary do you need to comfortably live in Brampton in Ontario, Canada?
Living in Brampton is a dream for many people, as the city has everything in it. But before moving to Brampton you must have an idea of the cost of living here. Because the length of your expenses list mainly depends on your lifestyle, like where you choose to live, how you travel, and most importantly what you eat.
So, it is very important to have proper planning or say financial planning and idea of your approximate expenses on necessities like housing, transportation, food, and healthcare before moving to Brampton. Let's take a closer look at these expenses.
- Housing Costs in Brampton
Housing is one of the biggest expense, whether you're renting or buying. If we talk about Brampton specially then you will get variety of housing options here like apartments, townhouses, and detached homes. The cost of these housing options mostly depends on the type of home you choose and the neighborhood you live in.
According to Numbeo, the monthly rent for a one-bedroom apartment in Brampton is around CAD $1,500, while a three-bedroom apartment can cost approximately CAD $2,300. Buying a three-bedroom house in Brampton could set you back an average of CAD $740,000.
- Transportation Costs in Brampton
Transportation costs in Brampton can also vary depending on how you choose to get around. If you will use public transit, then the cost of a monthly pass is around CAD $142. And if you prefer to drive, then cost of gas is around CAD $1.25 per liter.
- Food Costs in Brampton
Food can not be neglected as without food how you are gonna do everything. Huh! So, according to Numbeo, the average cost of groceries for a single person in Brampton is around CAD $300 per month. And this mainly includes basic food items like bread, milk, eggs, and vegetables.
- Healthcare Costs in Brampton
Healthcare costs in Brampton can also increase your expense list greatly, especially for those who require prescription medication or have any ongoing medical needs. In Ontario, most medical services are covered under the provincial healthcare plan, but there may still be additional costs for things like dental care or prescription medications that you are gonna pay.
Average salary needed to comfortably live in Brampton in Ontario, Canada?
So, for single person the average monthly expense is around CAD $ 2,800. So, a single person living in Brampton would need an average monthly income of more than CAD $3,500 to cover their expenses comfortably. This amount includes the cost of groceries, utilities, transportation, and entertainment. For a family of four, the estimated monthly income needed is more than CAD $8,000. But remember, these estimates may vary depending on your lifestyle and individual circumstances and if you are good planner and know the money management then you can even rock in less.
Last Updated:
2023-04-25
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