I had many friends asking me about Income and salaries, below is a suggested income ranges classification.
$0-30K (low income)
$30-$60K (middle income)
$60-100K (affluent)
$100K (more affluent)
This is the gross amount of income before the deduction of the income tax.
Income taxes has % federal and % provincial to pay. This depends on each province and it is portion from the salary. Check this Annual Income taxes 2009. Are you ready?! post to know more about the taxes
How much is sufficient for me to live in Canada?
The following #s are not based on statistical data. Just personal opinion and estimation
In Quebec, 30K can make you around $1800/month net.
One person can spend around $200 on groceries each month.
In Montreal, the bus monthly registration cost around $70.
Average rent of 31/2 (one closed bed room- a kitchen-salon-washroom) $600
Average heat & electricity cost for 31/2 in cold weather (Nov-March) : 50-70/month

