is 60k after taxes enough to live on?

[suixe01]

Hey there...
i am a single male contemplating a
move to montreal from the US. i hope
to live in a french neighborhood that's
open and diverse. and i may have to pay
my own health insurance for a bit. i have
some debt like many americans and am
responsible for my mother in the US. i
have nearly accepted an offer that would
leave me at about 60K after taxes. (my
current after tax is 40K...including medical
and retirement monies deducted from
my check.)

i used the canadian tax calculator
by life insurance to do the quick
math. and while i am not too worried
about the cold, i am concerned that
i might get left in the cold if that amount
is not high enough to have a better life
in montreal.

any thoughts?

 

[SLM]

That's an incredibly difficult question to answer because it depends entirely on the kind of lifestyle you want to be living.

Can it be done? For a single person, yeah. Of course, if you still will remain responsible for Mom back home, that changes things.

But 60K after taxes is not an unreasonable amount to live on in my opinion.

 

[taxslave]

There is no such thing as too much money. $60 g after taxes ain't bad. many people raise families on a lot less. But there is a difference between surviving and living.

 

[petros]

There is no such thing as too much money. $60 g after taxes ain't bad. many people raise families on a lot less. But there is a difference between surviving and living.

He's an immgrant and he's coming to take your job.

 

[Bar Sinister]

Is that a trick question? Quebec is one of the cheaper provinces in Canada in terms of housing costs. Since there are hundreds of thousands of Quebecois living on much less than 60 grand take-home pay I don't see why you should have the least bit of trouble.

 

[Nuggler]

He's an immgrant and he's coming to take your job.

:lol::blob4:...............According to his post, he already has one...................Did someone here just lose theirs??? Grounds for deportation if I ever seed it.;-).

Next thing ya know, his mommy and all the rest of his 235 brothers and sisters will be suckin the system dry............eh.

Where the hell's Kenny McDolt when ya need him.


................60 G's should be lots. Might have to hustle a bit of weed towards the end of the month, but, what the heck.

Kidding.........60 is lots.

 

[mentalfloss]

60 Gs net?

You're fine.

 

[petros]

:lol::blob4:...............According to his post, he already has one...................Did someone here just lose theirs??? Grounds for deportation if I ever seed it.;-).

Next thing ya know, his mommy and all the rest of his 235 brothers and sisters will be suckin the system dry............eh.

That goes without saying. Canada and our revolving door that requires boatloads of cash, a sponosor or guaranteed in writing job is just spinning in the wind you see.

 

[EagleSmack]

60K is pretty good. But as some have pointed out, it depends on your lifestyle.

I also don't know many French neighborhoods in the US. There are high concentrations of French Canadians in Northern New Hampshire. Louisiana also has a decent concentration but they are more like Cajun French and would bear little resemblence to French-Canadians I would think. I guess it would depend on where your new job is.

What state are you moving to?

 

[petros]

60K is pretty good. But as some have pointed out, it depends on your lifestyle.

I also don't know many French neighborhoods in the US. There are high concentrations of French Canadians in Northern New Hampshire. Louisiana also has a decent concentration but they are more like Cajun French and would bear little resemblence to French-Canadians I would think. I guess it would depend on where your new job is.

What state are you moving to?

State of Quebec.

 

[Nuggler]

60K is pretty good. But as some have pointed out, it depends on your lifestyle.

I also don't know many French neighborhoods in the US. There are high concentrations of French Canadians in Northern New Hampshire. Louisiana also has a decent concentration but they are more like Cajun French and would bear little resemblence to French-Canadians I would think. I guess it would depend on where your new job is.

What state are you moving to?[/Q

LOL..............too funny, Eagle.

Me, A'm tink he doo quite bien well in Louisian, for sure, on dose 60 grands. Mos peoples in Lousian don be makin neer dat 'mount, hien?! Not eben maybe de Gov'nor. His French mos prob'ly fits rite in ther wit em Cajun folk.

But day play dat cool Cajun moosic. Awwwww-haw!!.............Evangaline!!!............hoo hawww.:happy7:.................bass fishin.........oh yah.:blob5:............shrimp huntin.............yah heeeeeeee!!!:toothy7:Take me witch you:wav:

 

[petros]

Your Acadian (Cajun) roots are showing.

 

[WLDB]

It can be done. I've lived off 25k after taxes and I live in downtown Ottawa. Granted, to do so I need to live with a room mate to split the costs.