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$130k enough to live on in Calgary/Vancouver

$130k enough to live on in Calgary/Vancouver

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Old Apr 17th 2009, 7:40 pm
  #76  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by hollyanne
Thankyou, this is a genuine question as I have been told that the cost of living in Vancouver is considerably higher than living in Calgary and was hoping for some help from people living in both places.
Originally Posted by gryphea
I never said $130 K wasn't enough - I said lifestyle did factor into it. Skiing for a family of five could cost $10K per year, with trips away, lessons etc.

Are you saying you really bring up a family of five on $18K?
two adult ski passes for sunshine 1300

Meal for two at the Keg 70

18.5 meals at the keg or 20 weekends skiing for the same price.

The op was hoping to eat out twice a month. Still going to tell us that skiing would be THAT great an expense to her? And thats using sunshine as an example she could always get a Nakiska Pass instead.
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Old Apr 17th 2009, 7:40 pm
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by rwin
If you make 130K, you spend 130K and wonder how anyone can get by on 100K.
Exactly
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Old Apr 17th 2009, 7:40 pm
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Default Re: $130k enough to live on in Calgary/Vancouver

130,000 is a great income for both places, although Calgary gets a nod for no sales tax and cheaper housing.

I find Vancouver is not much more expensive than Manchester. The silly real estate is largely on the west side of the city (average detached around 900,000 and over).

The further east you go, the prices drop dramatically. Coquitlam for instance is around 15 miles east of Vancouver and a nice detached 4 bed house of around 2000 sq feet is about 500,000 - 550,000 dollars. Not much more than a detached house in Manchester (guessing around 230 - 250 thousand pounds?).

Income tax is probably more or less the same.

Otherwise day to day costs are similar - some things less some things more. I imagine that 130,000 spends much like 70,000 quid (outside of london that is).
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Old Apr 17th 2009, 7:45 pm
  #79  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by gryphea
Are you saying you really bring up a family of five on $18K?
Four.
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Old Apr 17th 2009, 8:00 pm
  #80  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by rwin
If you make 130K, you spend 130K and wonder how anyone can get by on 100K.
and then you get made redundant and sh*t yourself
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Old Apr 17th 2009, 8:01 pm
  #81  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by wbexpat
and then you get made redundant and sh*t yourself
You can't afford to do that if you're made redundant.
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Old Apr 17th 2009, 8:03 pm
  #82  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by rwin
You can't afford to do that if you're made redundant.
good answer!
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Old Apr 17th 2009, 8:21 pm
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by rwin
If you make 130K, you spend 130K and wonder how anyone can get by on 100K.
Yep. You live within your means do you not? Not that many years ago I earned £22K (03-04 I think). I wonder now how we managed to live - but we did, and I wouldn't have described it as 'tight' - we even had a holiday in Europe once.
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Old Apr 17th 2009, 8:29 pm
  #84  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by bodgerx
Yep. You live within your means do you not? Not that many years ago I earned £22K (03-04 I think). I wonder now how we managed to live - but we did, and I wouldn't have described it as 'tight' - we even had a holiday in Europe once.
One of my dad's favourite quips was that it is human nature to live just beyond one's means!
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Old Apr 17th 2009, 8:29 pm
  #85  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by AlexInBC
Spooky - are you me??

$66,380 gross income in 2008 and $165k mortgage
Snap Alex, almost to the cent lol
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Old Apr 17th 2009, 9:44 pm
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by Butch Cassidy
two adult ski passes for sunshine 1300

Meal for two at the Keg 70

18.5 meals at the keg or 20 weekends skiing for the same price.

The op was hoping to eat out twice a month. Still going to tell us that skiing would be THAT great an expense to her? And thats using sunshine as an example she could always get a Nakiska Pass instead.
I repeat

IainK said lifestyle was immaterial on that wage. I disagree and I don't think I'm wrong.


Ski pass is just one expense of skiing. If you are into it, there is equipment, if not rental equipment. I want a new pair of mid-fats- they are around $1K. Unfortunately I am not going to get my new pair of mid fats as guess what we can't afford them. Kids with helmets, gear to keep warm , skis, boots - all costs quite a bit. Kids lessons etc. Throw in a few trips elsewhere a year, eg Fernie etc and it all adds up -believe me. For a family of five you need a two bed condo at quite a lot of money per night etc.

I never ever said this lady and her family couldn't have a good lifestyle on $130K per year- I said lifestyle wasn't immaterial.

At $130K this family will pay high taxes and get none of the family tax breaks that other people get. Yes this family can definately live very comfortably on $130K per year, of course they can, to suggest otherwise would be ridiculous. BUT they won't be swimming in an endless sea of cash as everyone seems to think they will. Their income is nowhere near enough to live in Elbow Park etc.

Gryph
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Old Apr 17th 2009, 9:50 pm
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by Tangram
Snap Alex, almost to the cent lol
if you guys ever meet you might not want to touch. just in case.
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Old Apr 17th 2009, 10:01 pm
  #88  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by wbexpat
if you guys ever meet you might not want to touch. just in case.


I don't think we're actually the same person, though, being as he's a bloke an' all
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Old Apr 17th 2009, 10:07 pm
  #89  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by AlexInBC


I don't think we're actually the same person, though, being as he's a bloke an' all
you cant be too careful.
quantum entanglement is a strange thing.
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Old Apr 17th 2009, 10:17 pm
  #90  
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Default Re: $130k enough to live on in Calgary/Vancouver

Originally Posted by wbexpat
you cant be too careful.
quantum entanglement is a strange thing.
Doppleganger ?
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