$60,000 a year works out to $5,000 a month gross and $28.85 an hour at 40 hours a week. Pay around this level can include senior apprentices in the trades, experienced office staff and early-career teachers or nurses in some provinces; salaries by profession has figures by occupation. The general question, what counts as good pay in Canada, is answered in what is a good salary in Canada; this page is about $60,000.

How $60,000 compares with other incomes

Tax data groups incomes into bands rather than exact amounts, and $60,000 falls inside the band from $50,000 to $75,000. In 2023, 45.2% of Canadians with income reported $50,000 or more and 26.1% reported $75,000 or more, so the share earning less than $60,000 lies between 54.8% and 73.9%. With the national median at $45,000, $60,000 is $15,000 above it.

For an exact percentile by province or age group, enter $60,000 in the income percentile calculator.

What $60,000 pays after tax

Take-home pay on $60,000 is about $47,340 a year in Ontario and $47,755 in British Columbia, after income tax, CPP and EI for a single person. Other provinces are in the salary after tax calculator.

A mortgage on $60,000

How much house a $60,000 salary supports under the stress test is one row of the affordability table, with the down payment and insurance premium that top price takes.

Living on $60,000 in different cities

At $60,000, the gap between cities is wide. A single renter in Calgary, Edmonton or Montreal generally has more left after housing than one in Toronto or Vancouver, where rent alone can absorb much of the monthly take-home pay. See cost of living in Calgary, Montreal and Toronto for the main costs.

Is $60,000 enough?

A $60,000 salary puts one person in a comfortable position in most mid-sized cities and a manageable one in the largest; supporting a family on it is harder. The factors that matter most are set out in the good salary guide.

Sources

The figures and rules on this page come from these sources, last checked against them on October 4, 2026. How we check facts.

Statistics Canada: Tax filers and dependants with income by total income, sex and age

Is $60,000 a Good Salary in Canada?