Considering moving to New Brunswick? Well, here’s a nifty fun fact: your wallet is about to become your new best friend. In comparison to big metropolitan areas like Vancouver and Toronto, living in New Brunswick is like finding a designer dress at thrift shop prices – it’s stylish but sensible.
Housing costs? Let’s just say you can rent a delightful little spot without having to donate a kidney. Utilities, transportation, and even that fancy avocado toast at brunch are all pleasantly affordable.
However, do remember, while the cost of living might give you a comforting pat on the back, it’s essential to manage finances wisely.
New Brunswick offers both city vibes and nature’s embrace, and with the money you save, maybe consider investing in adventures, like whale-watching or, you know, more avocado toast.
Income and Expense Table Comparison for Canada vs. New Brunswick
Category | Canada (Average) | New Brunswick (Average) |
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Income | | |
Median Household Income | $70,000 | $60,000 |
Median Individual Income | $38,000 | $34,000 |
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Expenses | | |
Monthly Rent (1-bedroom) | $1,200 | $750 |
Utilities (Monthly) | $150 | $130 |
Groceries (Monthly) | $300 | $280 |
Transportation (Monthly) | $200 | $180 |
Dining Out (Monthly) | $250 | $220 |
Health & Fitness (Monthly) | $75 | $70 |
(Note: The figures are approximate averages and may vary depending on city, lifestyle, and other factors. New Brunswick, on average, tends to have a lower cost of living than the Canadian average, as evidenced by the table.)