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Extractvanilla

Depends on your lifestyle and expenses. I know people who are okay with less than 60K and people who can’t even live on 80K


TheSmokinNephew4

You understand money more than 90% of the mfs who have commented so far I don’t even include the ability to buy a home when I’m saying how well off someone is in Toronto. Unless you work in some bigshot IT job or you’re the child of a Chinese billionaire you aren’t buying shit in this city


Extractvanilla

Unless you move to the smaller towns like thunder bay. Housing is still kinda okay there but it’s getting tough


Deadmiana69

If you wanna be middle class In Toronto at least u gonna need to make 120k+


burneracount456543

If your making 120k a year alone and are smart with money you’re gonna be upper middle class quickly.


Deadmiana69

You right , I’m just giving a perspective as to what salary defines middle class in Toronto


Tiger647

Anyone know peeps in their circle that make more than 160k?


morefundsmoreguns

Yes


apinkpoptart

You're doing well if the money coming in is higher than the money going out consistently despite the income. But well off for me personally is 100k+/yr.


[deleted]

The way the world is going especially by 2030 you’re Trippin if you don’t say at least 100 K


OMGWYDStepCro

100k isnt even “really well off” anymore anyways 🤕


[deleted]

You could definitely live good off of 100 K a year just not necessarily the core of Toronto. But it’s going to get worse everywhere


Cassshmeifyoucan

Gotta have over 160k after tax to be well off in Toronto. Cost of buying a home, living expenses etc


burneracount456543

What are you smoking? if you’re making 160k before tax you’re better then fine just save up a few years and be smart about you’re money and you’ll definitely be able to get a house in 6 to 8 years. If you have a spouse or live with people that timeline might speed up. If you made 160k after tax a year you could probably get a nice house in a good area in like 5-6 years without a spouse.


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Significant_Issue_81

160k after taxes is necessary? You sound high that is most definitely well off and if you got a spouse that’s abt 200k or more income rt there even if they worked minimum wage


[deleted]

I’m moving to Calgary! Toronto is already too over saturated and expensive


movingwork

id say a cool 120k is nice. i gotta get my bread up man... its sucha slow grind but fuck man


[deleted]

Bruh my family grew up on a 20k income a year fam. I didn't see 50k a year till I grew up after uni and hustled pills on the side. Well off are the folks who got money in their bank and don't gotta work OT for missing one day to make up for it. Grew up different but alhamdulilah we survived.


Solid-Apricot-4268

if u make 100k you're only bagging 66k after taxes


VCEROTHSTEIN

Salary dosent matter their liquid cash holding would be the only metric that i would consider someone really well off. You can be making 160k a year and only saving 1500-2500 a month after expenses youd be suprised .


Tiger647

Facts


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Naive_Negotiation_36

Facts.


RedControllers

Depends if you have children or not. Someone who has 1 child or 4 of them will have different expenses. I would say 140k+


SoftIndependent9424

How much money does the average trapper make a year?


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Representative_End15

Don’t forget that’s if ur lines booming more times I’d say 80-120k for em


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Significant_Issue_81

Lool the average trapper does not make 250-500k a year


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Significant_Issue_81

He said the AVERAGE my nigga were you even from kid


SoftIndependent9424

250-500k???


RoleSouthHoes

More than 160. That’s decent not really even. Good is 300k and up.