Is $50,000 a good salary in Truro, Nova Scotia?

Is $50,000 a good salary in Truro, Nova Scotia?

$50,000 is $8,160 more than the average yearly salary of $41,840 in Truro. A salary of $50,000 per year means that you would be taking home about $37,500 per year after taxes, or $3,125 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Truro is $69,500.

Truro, Nova Scotia
Updated: March 1, 2024

Average Cost of Living per Month in Truro

The average cost of living in Truro is $3,365/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
$3,365/month

Monthly net income of $50,000/year
$3,125/month
Average total income in 2020
$41,840

Average total household income in 2020
$69,500

Average Salary in Truro

The average salary in Truro is $41,840, which is 23.2% lower than the Canadian average salary of $54,450. A person making $50,000 a year in Truro makes 19.5% more than the average working person in Truro and will take home about $37,500.
Net Annual Pay:
$37,500
Income tax breakdown
Hourly Salary:
$25.64
Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Truro. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $50,000.
Renter
Homeowner
Housing

Housing

The average monthly cost of rental housing in Truro is $1,579.
Transit
Driver
Transportation

Transportation

The average monthly cost for a driver in Truro is $563.
Groceries

Groceries

The average person spends $457 on groceries per month in Truro.
Utilities

Utilities

The average monthly cost of utilities in Truro is $161.
Leisure & Entertainment

Leisure & Entertainment

The average person in Truro spends $137 on leisure & entertainment per month.
Clothing

Clothing

The average person in Truro spends $25 on clothing per month.
Restaurants

Restaurants

The average person in Truro spends $293 on restaurants per month.
Other

Other

The average person in Truro 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 Truro 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
$3,365/month

Monthly net income of $50,000/year
$3,125/month

Jobs in Truro

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 $3,410
Affordability Index
84.31%
Avg. Salary $43,760
Avg. Monthly Net pay $2,794
Avg. Cost of Living $3,463
Affordability Index
80.69%
Avg. Salary $41,840
Avg. Monthly Net pay $2,693
Avg. Cost of Living $3,365
Affordability Index
80.02%
Avg. Salary $42,360
Avg. Monthly Net pay $2,720
Avg. Cost of Living $3,415
Affordability Index
79.65%
Avg. Salary $41,480
Avg. Monthly Net pay $2,673
Avg. Cost of Living $3,424
Affordability Index
78.08%
Avg. Salary $42,040
Avg. Monthly Net pay $2,703
Avg. Cost of Living $3,572
Affordability Index
75.67%
Avg. Salary $40,640
Avg. Monthly Net pay $2,629
Avg. Cost of Living $3,567
Affordability Index
73.7%
Avg. Salary $38,000
Avg. Monthly Net pay $2,489
Avg. Cost of Living $3,739
Affordability Index
66.57%
Avg. Salary $34,960
Avg. Monthly Net pay $2,328
Avg. Cost of Living $3,564
Affordability Index
65.32%
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
Halifax, Nova Scotia $52,900 $3,279 $3,656
08968
89.68%
02
2
New Glasgow, Nova Scotia $45,280 $2,875 $3,410
08430
84.31%
03
3
Wolfville, Nova Scotia $43,760 $2,794 $3,463
08068
80.69%
04
4
Truro, Nova Scotia $41,840 $2,693 $3,365
08001
80.02%
05
5
Antigonish, Nova Scotia $42,360 $2,720 $3,415
07965
79.65%
06
6
Bridgewater, Nova Scotia $41,480 $2,673 $3,424
07807
78.08%
07
7
Port Hawkesbury, Nova Scotia $42,040 $2,703 $3,572
07567
75.67%
08
8
Amherst, Nova Scotia $40,640 $2,629 $3,567
07370
73.7%
09
9
Yarmouth, Nova Scotia $38,000 $2,489 $3,739
06656
66.57%
10
10
Digby, Nova Scotia $34,960 $2,328 $3,564
06531
65.32%
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.