Is $68,000 a good salary in London, Ontario?

Is $68,000 a good salary in London, Ontario?

$68,000 is $17,560 more than the average yearly salary of $50,440 in London. A salary of $68,000 per year means that you would be taking home about $52,512 per year after taxes, or $4,376 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in London is $95,700.

London, Ontario
Updated: May 1, 2026

Average Cost of Living per Month in London

The average cost of living in London is $3,660/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
$3,660/month
Monthly net income of $68,000/year
$4,376/month
Average total income in 2020
$50,440
Average total household income in 2020
$95,700

Average Salary in London

The average salary in London is $50,440, which is 7.4% lower than the Canadian average salary of $54,450. A person making $68,000 a year in London makes 34.8% more than the average working person in London and will take home about $52,512.
Net Annual Pay:
$52,512
Income tax breakdown
Hourly Salary:
$34.87
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for London. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $68,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in London is $1,623.
Product Avg. Min. Max.
1 Bedroom Apartment in City Centre, Rent Per Month
$1,775
$1,530
$2,200
1 Bedroom Apartment Outside of City Centre, Rent Per Month
$1,623
$1,500
$1,800
3 Bedroom Apartment in City Centre, Rent Per Month
$2,822
$2,500
$3,120
3 Bedroom Apartment Outside of City Centre, Rent Per Month
$2,351
$2,100
$2,700
Updated: 2026-05-01 (48 contributors in the last 12 months)
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in London is $694.
Product Avg. Min. Max.
Gasoline (1 Liter), Transportation
$1.49
$1.25
$1.80
Volkswagen Golf 1.5 (or Equivalent New Compact Car), Transportation
$39,580
$35,000
$39,580
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car), Transportation
$31,548
$25,160
$40,000
Updated: 2026-05-01 (48 contributors in the last 12 months)
Groceries

Groceries

The average person spends $490 on groceries per month in London.
Product Avg. Min. Max.
Milk (Regular, 1 Liter), Markets
$2.52
$1.30
$3.85
Fresh White Bread (500 g Loaf), Markets
$3.44
$2.30
$4.00
Eggs (12, Large Size), Markets
$5.19
$4.00
$6.49
Local Cheese (1 kg), Markets
$14.61
$7.00
$27.50
Bottled Water (1.5 Liter), Markets
$1.87
$1.00
$2.55
Bottle of Wine (Mid-Range), Markets
$18.00
$15.00
$20.00
Domestic Beer (0.5 Liter Bottle), Markets
$3.51
$2.50
$4.19
Imported Beer (0.33 Liter Bottle), Markets
$4.12
$3.00
$4.70
Cigarettes (Pack of 20, Marlboro), Markets
$18.00
$11.50
$20.80
Apples (1 kg), Markets
$5.61
$2.00
$7.00
Chicken Fillets (1 kg), Markets
$16.26
$8.00
$22.00
Oranges (1 kg), Markets
$5.10
$3.70
$5.58
Potatoes (1 kg), Markets
$4.18
$1.52
$5.47
Lettuce (1 Head), Markets
$3.52
$3.00
$3.98
White Rice (1 kg), Markets
$5.30
$3.00
$6.00
Tomatoes (1 kg), Markets
$5.77
$2.00
$6.59
Bananas (1 kg), Markets
$1.80
$1.30
$4.41
Onions (1 kg), Markets
$3.93
$3.76
$4.29
Beef Round or Equivalent Back Leg Red Meat (1 kg), Markets
$20.45
$15.00
$21.69
Updated: 2026-05-01 (48 contributors in the last 12 months)
Utilities

Utilities

The average monthly cost of utilities in London is $153.
Product Avg. Min. Max.
Basic Utilities for 85 m2 Apartment (Electricity, Heating, Cooling, Water, Garbage), Utilities (Monthly)
$191.09
$140.00
$354.17
Broadband Internet (Unlimited Data, 60 Mbps or Higher), Utilities (Monthly)
$74.63
$60.00
$95.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data), Utilities (Monthly)
$56.52
$40.00
$80.00
Updated: 2026-05-01 (48 contributors in the last 12 months)
Leisure & Entertainment

Leisure & Entertainment

The average person in London spends $168 on leisure & entertainment per month.
Product Avg. Min. Max.
Monthly Fitness Club Membership, Sports And Leisure
$55.00
$30.00
$80.00
Tennis Court Rental (1 Hour, Weekend), Sports And Leisure
$40.65
$33.79
$44.00
Cinema Ticket (International Release), Sports And Leisure
$15.00
$13.25
$17.00
Updated: 2026-05-01 (48 contributors in the last 12 months)
Clothing

Clothing

The average person in London spends $38 on clothing per month.
Product Avg. Min. Max.
Jeans (Levi's 501 or Similar), Clothing And Shoes
$74.88
$50.00
$79.71
Summer Dress in a Chain Store (e.g. Zara or H&M), Clothing And Shoes
$56.01
$50.00
$60.00
Nike Running Shoes (Mid-Range), Clothing And Shoes
$118.55
$100.00
$126.15
Men's Leather Business Shoes, Clothing And Shoes
$133.55
$100.00
$151.69
Updated: 2026-05-01 (48 contributors in the last 12 months)
Restaurants

Restaurants

The average person in London spends $344 on restaurants per month.
Product Avg. Min. Max.
Meal at an Inexpensive Restaurant, Restaurants
$25.00
$18.00
$50.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks), Restaurants
$100.00
$72.00
$125.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal), Restaurants
$15.00
$14.00
$20.00
Domestic Draft Beer (0.5 Liter), Restaurants
$8.19
$6.50
$10.00
Imported Beer (0.33 Liter Bottle), Restaurants
$9.38
$8.00
$11.00
Soft Drink (Coca-Cola or Pepsi, 0.33 Liter Bottle), Restaurants
$2.93
$2.19
$4.95
Bottled Water (0.33 Liter), Restaurants
$2.97
$2.50
$3.49
Cappuccino (Regular Size), Restaurants
$5.07
$3.00
$7.00
Updated: 2026-05-01 (48 contributors in the last 12 months)
Other

Other

The average person in London spends $150 on miscellaneous goods and services per month.
Product Avg. Min. Max.
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child, Childcare
$656
$475
$2,208
International Primary School, Annual Tuition per Child, Childcare
$29,357
$27,300
$30,300
Updated: 2026-05-01 (48 contributors in the last 12 months)
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 London 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
$3,660/month
Monthly net income of $68,000/year
$4,376/month

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