Is $55,000 a good salary in Amherst, Nova Scotia?
Is $55,000 a good salary in Amherst, Nova Scotia?
$55,000 is $14,360 more than the average yearly salary of $40,640 in Amherst. A salary of $55,000 per year means that you would be taking home about $40,681 per year after taxes, or $3,390 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Amherst is $69,100.
Updated: April 1, 2024
Average Cost of Living per Month in Amherst
The average cost of living in Amherst is $3,504/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
$3,504/month
Monthly net income of $55,000/year
$3,390/month
Average total income in 2020
$40,640
Average total household income in 2020
$69,100
Average Salary in Amherst
The average salary in Amherst is $40,640, which is 25.4% lower than the Canadian average salary of $54,450. A person making $55,000 a year in Amherst makes 35.3% more than the average working person in Amherst and will take home about $40,681.
Cost of Living Calculator
Below are the details used to generate the average Cost of Living for Amherst. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $55,000.
Renter
Homeowner
Housing
The average monthly cost of rental housing in Amherst is $1,579.
Transit
Driver
Transportation
The average monthly cost for a driver in Amherst is $640.
Groceries
The average person spends $483 on groceries per month in Amherst.
Utilities
The average monthly cost of utilities in Amherst is $180.
Leisure & Entertainment
The average person in Amherst spends $157 on leisure & entertainment per month.
Clothing
The average person in Amherst spends $35 on clothing per month.
Restaurants
The average person in Amherst spends $280 on restaurants per month.
Other
The average person in Amherst 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 Amherst 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
$3,504/month
Monthly net income of $55,000/year
$3,390/month
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Email or share the results of the Cost of Living Calculator with yourself or others
Jobs in Amherst
The Shaw Group Limited
-
18 Jobs
Amherst, NS
$22.00 - $28.00 / hour
Seasonal
5 days ago
VON Canada
-
347 Jobs
Amherst, NS
Full-time
3 days ago
Most affordable cities in Nova Scotia
Avg. Salary
$52,900
Avg. Monthly Net pay
$3,279
Avg. Cost of Living
$3,656
Affordability Index
89.68%
Avg. Salary
$45,280
Avg. Monthly Net pay
$2,875
Avg. Cost of Living
$3,443
Affordability Index
83.5%
Avg. Salary
$43,760
Avg. Monthly Net pay
$2,794
Avg. Cost of Living
$3,468
Affordability Index
80.57%
Avg. Salary
$41,840
Avg. Monthly Net pay
$2,693
Avg. Cost of Living
$3,355
Affordability Index
80.25%
Avg. Salary
$42,360
Avg. Monthly Net pay
$2,720
Avg. Cost of Living
$3,420
Affordability Index
79.53%
Avg. Salary
$42,040
Avg. Monthly Net pay
$2,703
Avg. Cost of Living
$3,419
Affordability Index
79.06%
Avg. Salary
$41,480
Avg. Monthly Net pay
$2,673
Avg. Cost of Living
$3,433
Affordability Index
77.87%
Avg. Salary
$40,640
Avg. Monthly Net pay
$2,629
Avg. Cost of Living
$3,504
Affordability Index
75.03%
Avg. Salary
$38,000
Avg. Monthly Net pay
$2,489
Avg. Cost of Living
$3,506
Affordability Index
70.99%
Avg. Salary
$34,960
Avg. Monthly Net pay
$2,328
Avg. Cost of Living
$3,589
Affordability Index
64.86%
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.
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
|
Halifax, Nova Scotia | $52,900 | $3,279 | $3,656 |
08968
89.68%
|
|
02
2
|
New Glasgow, Nova Scotia | $45,280 | $2,875 | $3,443 |
08349
83.5%
|
|
03
3
|
Wolfville, Nova Scotia | $43,760 | $2,794 | $3,468 |
08057
80.57%
|
|
04
4
|
Truro, Nova Scotia | $41,840 | $2,693 | $3,355 |
08025
80.25%
|
|
05
5
|
Antigonish, Nova Scotia | $42,360 | $2,720 | $3,420 |
07953
79.53%
|
|
06
6
|
Port Hawkesbury, Nova Scotia | $42,040 | $2,703 | $3,419 |
07906
79.06%
|
|
07
7
|
Bridgewater, Nova Scotia | $41,480 | $2,673 | $3,433 |
07787
77.87%
|
|
08
8
|
Amherst, Nova Scotia | $40,640 | $2,629 | $3,504 |
07502
75.03%
|
|
09
9
|
Yarmouth, Nova Scotia | $38,000 | $2,489 | $3,506 |
07099
70.99%
|
|
10
10
|
Digby, Nova Scotia | $34,960 | $2,328 | $3,589 |
06486
64.86%
|
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.
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.