Is $55,000 a good salary in St. John's, Newfoundland and Labrador?

Is $55,000 a good salary in St. John's, Newfoundland and Labrador?

$55,000 is about the same as the average yearly salary of $55,450 in St. John's. A salary of $55,000 per year means that you would be taking home about $41,697 per year after taxes, or $3,475 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in St. John's is $101,100.

St. John's, Newfoundland And Labrador
Updated: March 1, 2024

Average Cost of Living per Month in St. John's

The average cost of living in St. John's is $3,057/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
$3,057/month

Monthly net income of $55,000/year
$3,475/month
Average total income in 2020
$55,450

Average total household income in 2020
$101,100

Average Salary in St. John's

The average salary in St. John's is $55,450, which is 1.8% higher than the Canadian average salary of $54,450. A person making $55,000 a year in St. John's makes 0.8% less than the average working person in St. John's and will take home about $41,697.
Net Annual Pay:
$41,697
Income tax breakdown
Hourly Salary:
$28.21
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for St. John's. 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

Housing

The average monthly cost of rental housing in St. John's is $1,024.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in St. John's is $644.
Groceries

Groceries

The average person spends $492 on groceries per month in St. John's.
Utilities

Utilities

The average monthly cost of utilities in St. John's is $209.
Leisure & Entertainment

Leisure & Entertainment

The average person in St. John's spends $163 on leisure & entertainment per month.
Clothing

Clothing

The average person in St. John's spends $37 on clothing per month.
Restaurants

Restaurants

The average person in St. John's spends $338 on restaurants per month.
Other

Other

The average person in St. John's 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 St. John's 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
$3,057/month

Monthly net income of $55,000/year
$3,475/month

Jobs in St. John's

Most affordable cities in Newfoundland and Labrador

Avg. Salary $81,300
Avg. Monthly Net pay $4,818
Avg. Cost of Living $3,593
Affordability Index
134.1%
Avg. Salary $55,450
Avg. Monthly Net pay $3,499
Avg. Cost of Living $3,057
Affordability Index
114.46%
Avg. Salary $60,650
Avg. Monthly Net pay $3,756
Avg. Cost of Living $3,529
Affordability Index
106.43%
Avg. Salary $53,300
Avg. Monthly Net pay $3,383
Avg. Cost of Living $3,592
Affordability Index
94.19%
Avg. Salary $50,560
Avg. Monthly Net pay $3,236
Avg. Cost of Living $3,567
Affordability Index
90.71%
Avg. Salary $44,920
Avg. Monthly Net pay $2,932
Avg. Cost of Living $3,478
Affordability Index
84.31%
Avg. Salary $45,520
Avg. Monthly Net pay $2,965
Avg. Cost of Living $3,562
Affordability Index
83.23%
Avg. Salary $44,200
Avg. Monthly Net pay $2,894
Avg. Cost of Living $3,567
Affordability Index
81.12%
Avg. Salary $44,200
Avg. Monthly Net pay $2,894
Avg. Cost of Living $3,567
Affordability Index
81.12%
Avg. Salary $44,100
Avg. Monthly Net pay $2,888
Avg. Cost of Living $3,567
Affordability Index
80.97%
Avg. Salary $43,600
Avg. Monthly Net pay $2,861
Avg. Cost of Living $3,567
Affordability Index
80.21%
Avg. Salary $43,040
Avg. Monthly Net pay $2,830
Avg. Cost of Living $3,567
Affordability Index
79.35%
Avg. Salary $41,520
Avg. Monthly Net pay $2,741
Avg. Cost of Living $3,590
Affordability Index
76.36%
Avg. Salary $40,200
Avg. Monthly Net pay $2,664
Avg. Cost of Living $3,567
Affordability Index
74.68%
Avg. Salary $38,600
Avg. Monthly Net pay $2,570
Avg. Cost of Living $3,490
Affordability Index
73.64%
Avg. Salary $38,600
Avg. Monthly Net pay $2,570
Avg. Cost of Living $3,567
Affordability Index
72.05%
Avg. Salary $38,000
Avg. Monthly Net pay $2,535
Avg. Cost of Living $3,567
Affordability Index
71.06%
Avg. Salary $35,800
Avg. Monthly Net pay $2,406
Avg. Cost of Living $3,567
Affordability Index
67.45%
Avg. Salary $32,200
Avg. Monthly Net pay $2,195
Avg. Cost of Living $3,567
Affordability Index
61.53%
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
Labrador City, Newfoundland and Labrador $81,300 $4,818 $3,593
13409
134.1%
02
2
St. John's, Newfoundland and Labrador $55,450 $3,499 $3,057
11445
114.46%
03
3
Happy Valley-Goose Bay, Newfoundland and Labrador $60,650 $3,756 $3,529
10642
106.43%
04
4
Gander, Newfoundland and Labrador $53,300 $3,383 $3,592
09418
94.19%
05
5
Mount Pearl, Newfoundland and Labrador $50,560 $3,236 $3,567
09071
90.71%
06
6
Corner Brook, Newfoundland and Labrador $44,920 $2,932 $3,478
08430
84.31%
07
7
Grand Falls-Windsor, Newfoundland and Labrador $45,520 $2,965 $3,562
08322
83.23%
08
8
Nain, Newfoundland and Labrador $44,200 $2,894 $3,567
08111
81.12%
09
9
Port Hope Simpson, Newfoundland and Labrador $44,200 $2,894 $3,567
08111
81.12%
10
10
LaScie, Newfoundland and Labrador $44,100 $2,888 $3,567
08096
80.97%
11
11
Rigolet, Newfoundland and Labrador $43,600 $2,861 $3,567
08021
80.21%
12
12
Channel-Port aux Basques, Newfoundland and Labrador $43,040 $2,830 $3,567
07934
79.35%
13
13
Deer Lake, Newfoundland and Labrador $41,520 $2,741 $3,590
07635
76.36%
14
14
Trepassey, Newfoundland and Labrador $40,200 $2,664 $3,567
07468
74.68%
15
15
Stephenville, Newfoundland and Labrador $38,600 $2,570 $3,490
07363
73.64%
16
16
Hopedale, Newfoundland and Labrador $38,600 $2,570 $3,567
07204
72.05%
17
17
Summerford, Newfoundland and Labrador $38,000 $2,535 $3,567
07106
71.06%
18
18
Buchans, Newfoundland and Labrador $35,800 $2,406 $3,567
06744
67.45%
19
19
Trout River, Newfoundland and Labrador $32,200 $2,195 $3,567
06152
61.53%
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.