Is $75,000 a good salary in Oakville, Ontario?

$75,000 is $6,800 less than the average yearly salary of $81,800 in Oakville. A salary of $75,000 per year means that you would be taking home about $56,110 per year after taxes, or $4,676 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Oakville is $182,800.

Annual Salary

Location

Updated: September 1, 2024

Average Cost of Living per Month in Oakville

The average cost of living in Oakville is $3,809/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

$3,809/month

Monthly net income of $75,000/year

$4,676/month

Average total income in 2020

$81,800

Average total household income in 2020

$182,800

Average Salary in Oakville

The average salary in Oakville is $81,800, which is 50.2% higher than the Canadian average salary of $54,450. A person making $75,000 a year in Oakville makes 8.3% less than the average working person in Oakville and will take home about $56,110.

Net Annual Pay:

$56,110

Income tax breakdown

Hourly Salary:

$38.46

Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Oakville. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $75,000.

Renter

Homeowner

Housing

The average monthly cost of rental housing in Oakville is $1,900.

Your cost: $

Renter

Homeowner

Housing

The average monthly cost of owned housing in Oakville is $3,113.

Your cost: $

Transit

Driver

Transportation

The average monthly cost on public transit in Oakville is $337.

Your cost: $

Transit

Driver

Transportation

The average monthly cost for a driver in Oakville is $627.

Your cost: $

Groceries

The average person spends $456 on groceries per month in Oakville.

Your cost: $

Utilities

The average monthly cost of utilities in Oakville is $157.

Your cost: $

Leisure & Entertainment

The average person in Oakville spends $111 on leisure & entertainment per month.

Your cost: $

Clothing

The average person in Oakville spends $43 on clothing per month.

Your cost: $

Restaurants

The average person in Oakville spends $365 on restaurants per month.

Your cost: $

Other

The average person in Oakville spends $150 on miscellaneous goods and services per month.

Your cost: $

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 Oakville 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

$3,809/month

Monthly net income of $75,000/year

$4,676/month