Cost of living and where to live in Toronto
#16
Re: Cost of living and where to live in Toronto
$45K isn't much of a salary for a post-doc.
Renegotiate or be prepared to share a flat or house with others.
My first proper job in Toronto paid $45K, but that was in 1983.
Renegotiate or be prepared to share a flat or house with others.
My first proper job in Toronto paid $45K, but that was in 1983.
#17
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Re: Cost of living and where to live in Toronto
Unfortunately, education has little to no value these days. $36k is the average income for a postdoc. I was offered $40k initially - it went up to $45k after negotiating
#18
Re: Cost of living and where to live in Toronto
Hmmm. I beg to differ about the value of education, but I've never paid a post-doc as little as $36K since about 1995 nor as little as $45k for someone with a bit of talent.
#19
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Re: Cost of living and where to live in Toronto
Thanks for your reply! I'm still trying to understand the difference between an apartment and condominium lol. So I guess I should just accept that 60% of my salary will be going on rental and public transport, right? Should I try and focus on finding a place closer to a train/subway line rather than rely on buses, given the weather conditions during winter time? I've never been there during the winter time, so that'll be a right slap in the face lol
As you'd be downtown at UoT, having somewhere close to the subway would make life pretty easy. The winter shouldn't be much of an issue adapting wise, unless it's windy or there's freezing rain, then it's awful. I actually always found and still find winters back in Northern Ireland to be tougher just because of the continuous rain.
I don't know about others, but I would recommend not living anywhere near Sherbourne station. Always found to be a tad dodgy
#20
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Re: Cost of living and where to live in Toronto
What university or insitution are you at, if you don't mind me asking? I spoke to quite a few postdocs in Toronto prior to accepting the offer who gave me the numbers I quoted. Only few postdocs would receive up to $70k such as those under the Banting grant award funding stream.
#21
Re: Cost of living and where to live in Toronto
What university or insitution are you at, if you don't mind me asking? I spoke to quite a few postdocs in Toronto prior to accepting the offer who gave me the numbers I quoted. Only few postdocs would receive up to $70k such as those under the Banting grant award funding stream.
A Banting scholarship is the real McCoy, but there's a lot of room between 45 and 70.
Out of curiosity, what's your field? ETA: and how many years since your PhD?
Last edited by Novocastrian; Oct 7th 2017 at 5:34 pm.
#22
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Re: Cost of living and where to live in Toronto
I'm retired now but was at York for the 22 years prior. My field was (is) physical chemistry with an environmental twist.
A Banting scholarship is the real McCoy, but there's a lot of room between 45 and 70.
Out of curiosity, what's your field? ETA: and how many years since your PhD?
A Banting scholarship is the real McCoy, but there's a lot of room between 45 and 70.
Out of curiosity, what's your field? ETA: and how many years since your PhD?
#24
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Re: Cost of living and where to live in Toronto
Hi OP,
I've just moved back to Toronto as a PR (no job arranged beforehand) and have managed to get a job with one of my old employers. The salary is about $46k pa (which is a bit of a drop on my last salary in Canada at UofT, $64k). I've just moved into a bachelor at Bloor and Huron St which is $1200 all inclusive (PM me if you want more details).
It's not the luxury condo style apartment (far from it ) I had last time but it'll work for me whilst I get reestablished. It's an expensive city but at least I can save on TTC fares most of the time that I'm downtown. As others have said, you get more for your money the further out you get, just remember to factor in commuter times/fares.
I think it really comes down to what each individual wants. Last time out I wanted more space and a higher standard of apartment (lived in a new building in North York to achieve that, but always needed the TTC to get anywhere good). This time around I wanted to live close to the core for a while (thus I have a much smaller place in a much older building) but I'm minutes away on foot from much of the city now.
I've just moved back to Toronto as a PR (no job arranged beforehand) and have managed to get a job with one of my old employers. The salary is about $46k pa (which is a bit of a drop on my last salary in Canada at UofT, $64k). I've just moved into a bachelor at Bloor and Huron St which is $1200 all inclusive (PM me if you want more details).
It's not the luxury condo style apartment (far from it ) I had last time but it'll work for me whilst I get reestablished. It's an expensive city but at least I can save on TTC fares most of the time that I'm downtown. As others have said, you get more for your money the further out you get, just remember to factor in commuter times/fares.
I think it really comes down to what each individual wants. Last time out I wanted more space and a higher standard of apartment (lived in a new building in North York to achieve that, but always needed the TTC to get anywhere good). This time around I wanted to live close to the core for a while (thus I have a much smaller place in a much older building) but I'm minutes away on foot from much of the city now.
#25
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Re: Cost of living and where to live in Toronto
I, of course, agree with Novo. It is low. Are you able to teach a couple of courses to supplement income? I can't speak to U of T but often post-docs become a part of the Faculty Association and can be directly assigned teaching.
#26
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Re: Cost of living and where to live in Toronto
I'm not entirely sure what opportunities I will have available to supplement my income - I haven't yet moved. However, they did mention that I could apply for a grant to supplement my income. Is $45k considered low even if I only have 10 months of experience as a postdoc?
#27
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Re: Cost of living and where to live in Toronto
I'm not entirely sure what opportunities I will have available to supplement my income - I haven't yet moved. However, they did mention that I could apply for a grant to supplement my income. Is $45k considered low even if I only have 10 months of experience as a postdoc?
Despite what novocastrian and lmartin have posted, it looks as though $45,000 is within the range of postdoc salaries offered in Canada!!
According to a site called Glasshouse the average postdoc salary at UofT is $46,450 with a range for $31,000 to S70,000
At McGill, average of $44, 492, ranging from $33,000 to $65,000
At UBC, average of $47,969, ranging from $36,000 to $62,615
A lot may depend on where the money is coming from!
#28
Re: Cost of living and where to live in Toronto
Despite what novocastrian and lmartin have posted, it looks as though $45,000 is within the range of postdoc salaries offered in Canada!!
According to a site called Glasshouse the average postdoc salary at UofT is $46,450 with a range for $31,000 to S70,000
At McGill, average of $44, 492, ranging from $33,000 to $65,000
At UBC, average of $47,969, ranging from $36,000 to $62,615
A lot may depend on where the money is coming from!
According to a site called Glasshouse the average postdoc salary at UofT is $46,450 with a range for $31,000 to S70,000
At McGill, average of $44, 492, ranging from $33,000 to $65,000
At UBC, average of $47,969, ranging from $36,000 to $62,615
A lot may depend on where the money is coming from!
The OP is in a field which would normally be funded by CIHR, whose post-doc fellowships are worth $55K (funded 50/50 by CIHR and a host institution).
#29
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Re: Cost of living and where to live in Toronto
Despite what novocastrian and lmartin have posted, it looks as though $45,000 is within the range of postdoc salaries offered in Canada!!
According to a site called Glasshouse the average postdoc salary at UofT is $46,450 with a range for $31,000 to S70,000
At McGill, average of $44, 492, ranging from $33,000 to $65,000
At UBC, average of $47,969, ranging from $36,000 to $62,615
A lot may depend on where the money is coming from!
According to a site called Glasshouse the average postdoc salary at UofT is $46,450 with a range for $31,000 to S70,000
At McGill, average of $44, 492, ranging from $33,000 to $65,000
At UBC, average of $47,969, ranging from $36,000 to $62,615
A lot may depend on where the money is coming from!
#30
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Re: Cost of living and where to live in Toronto
I don't dispute those figures, but the salary is highly dependent on subject area, as implied by your closing remark.
The OP is in a field which would normally be funded by CIHR, whose post-doc fellowships are worth $55K (funded 50/50 by CIHR and a host institution).
The OP is in a field which would normally be funded by CIHR, whose post-doc fellowships are worth $55K (funded 50/50 by CIHR and a host institution).