Is $240,000 a good salary in Grand Falls, New Brunswick?

Is $240,000 a good salary in Grand Falls, New Brunswick?

$240,000 is $197,080 more than the average yearly salary of $42,920 in Grand Falls. A salary of $240,000 per year means that you would be taking home about $148,940 per year after taxes, or $12,412 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Grand Falls is $74,700.

Grand Falls, New Brunswick
Updated: January 1, 2024

Average Cost of Living per Month in Grand Falls

The average cost of living in Grand Falls is $3,682/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
$3,682/month

Monthly net income of $240,000/year
$12,412/month
Average total income in 2020
$42,920

Average total household income in 2020
$74,700

Average Salary in Grand Falls

The average salary in Grand Falls is $42,920, which is 21.2% lower than the Canadian average salary of $54,450. A person making $240,000 a year in Grand Falls makes 459.2% more than the average working person in Grand Falls and will take home about $148,940.
Net Annual Pay:
$148,940
Income tax breakdown
Hourly Salary:
$123.08
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Grand Falls. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $240,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Grand Falls is $1,688.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Grand Falls is $631.
Groceries

Groceries

The average person spends $504 on groceries per month in Grand Falls.
Utilities

Utilities

The average monthly cost of utilities in Grand Falls is $170.
Leisure & Entertainment

Leisure & Entertainment

The average person in Grand Falls spends $156 on leisure & entertainment per month.
Clothing

Clothing

The average person in Grand Falls spends $40 on clothing per month.
Restaurants

Restaurants

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

Other

The average person in Grand Falls 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 Grand Falls 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
$3,682/month

Monthly net income of $240,000/year
$12,412/month

Most affordable cities in New Brunswick

Avg. Salary $51,080
Avg. Monthly Net pay $3,323
Avg. Cost of Living $2,988
Affordability Index
111.23%
Avg. Salary $46,160
Avg. Monthly Net pay $3,036
Avg. Cost of Living $3,051
Affordability Index
99.51%
Avg. Salary $44,200
Avg. Monthly Net pay $2,921
Avg. Cost of Living $3,249
Affordability Index
89.92%
Avg. Salary $46,880
Avg. Monthly Net pay $3,078
Avg. Cost of Living $3,572
Affordability Index
86.17%
Avg. Salary $43,560
Avg. Monthly Net pay $2,884
Avg. Cost of Living $3,568
Affordability Index
80.83%
Avg. Salary $40,440
Avg. Monthly Net pay $2,702
Avg. Cost of Living $3,491
Affordability Index
77.39%
Avg. Salary $42,920
Avg. Monthly Net pay $2,847
Avg. Cost of Living $3,682
Affordability Index
77.31%
Avg. Salary $38,160
Avg. Monthly Net pay $2,569
Avg. Cost of Living $4,001
Affordability Index
64.2%
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
Fredericton, New Brunswick $51,080 $3,323 $2,988
11122
111.23%
02
2
Moncton, New Brunswick $46,160 $3,036 $3,051
09950
99.51%
03
3
Saint John, New Brunswick $44,200 $2,921 $3,249
08991
89.92%
04
4
Sackville, New Brunswick $46,880 $3,078 $3,572
08617
86.17%
05
5
Edmundston, New Brunswick $43,560 $2,884 $3,568
08083
80.83%
06
6
Bathurst, New Brunswick $40,440 $2,702 $3,491
07739
77.39%
07
7
Grand Falls, New Brunswick $42,920 $2,847 $3,682
07731
77.31%
08
8
Campbellton, New Brunswick $38,160 $2,569 $4,001
06419
64.2%
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.