Is $90,000 a good salary in Hamilton, Ontario in 2024? (2024)

$90,000 is $36,250 more than the average yearly salary of $53,750 in Hamilton. A salary of $90,000 per year means that you would be taking home about $66,663 per year after taxes, or $5,555 per month to pay for things like housing, transportation, groceries, and entertainment. The average household income in Hamilton is $108,700.

Is $90,000 a good salary in Hamilton, Ontario in 2024? (1)

Updated: December 1, 2023

Average Cost of Living per Month in Hamilton

The average cost of living in Hamilton is $3,806/month for a single person who rents.This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

Average cost of living

$3,806/month

Monthly net income of $90,000/year

$5,555/month

Average total income in 2020

$53,750

Average total household income in 2020

$108,700

Average Salary in Hamilton

The average salary in Hamilton is $53,750, which is 1.3% lower than the Canadian average salary of $54,450. A person making $90,000 a year in Hamilton makes 67.4% more than the average working person in Hamilton and will take home about $66,663.

Net Annual Pay:

$66,663

Income tax breakdown

Hourly Salary:

$46.15

Salary breakdown

Cost of Living Calculator

Below are the details used to generate the average Cost of Living for Hamilton. Change the inputs to match your lifestyle and see how it compares to the average cost of living and a salary of $90,000.

Renter

Homeowner

Is $90,000 a good salary in Hamilton, Ontario in 2024? (2)

Housing

The average monthly cost of rental housing in Hamilton is $1,867.

$0$5,000

Is $90,000 a good salary in Hamilton, Ontario in 2024? (4)

Groceries

The average person spends $482 on groceries per month in Hamilton.

$0$1,500

Is $90,000 a good salary in Hamilton, Ontario in 2024? (5)

Utilities

The average monthly cost of utilities in Hamilton is $192.

$0$600

Is $90,000 a good salary in Hamilton, Ontario in 2024? (6)

Leisure & Entertainment

The average person in Hamilton spends $161 on leisure & entertainment per month.

$0$1,000

Is $90,000 a good salary in Hamilton, Ontario in 2024? (7)

Clothing

The average person in Hamilton spends $41 on clothing per month.

$0$500

Is $90,000 a good salary in Hamilton, Ontario in 2024? (8)

Restaurants

The average person in Hamilton spends $312 on restaurants per month.

$0$1,000

Is $90,000 a good salary in Hamilton, Ontario in 2024? (9)

Other

The average person in Hamilton spends $150 on miscellaneous goods and services per month.

$0$2,000

General Disclaimer: This tool is designed for approximation purposes only and should not be used to replace a legal or accounting authority. To simplify the process, some variables are assumed to calculate the numbers included on this page. The results of this calculator should not be relied upon to determine career or tax decisions.

Your Results

Disclaimer: These numbers estimate what it costs to live in Hamilton based on Numbeo data. People can live in the city for much less, while others may need much more to fund their lifestyle.

Your cost of living

$3,806/month

Monthly net income of $90,000/year

$5,555/month

Jobs in Hamilton

BEM Electric

Hamilton, ON

$35.00 - $42.00 / hour

Permanent

2 days ago

Royal LePage Real Estate - 134 Jobs

Hamilton, ON

$50,000 - $150,000 / year

Permanent

30 days ago

GoodLife Fitness - 25 Jobs

Hamilton, ON

$20.00 - $53.00 / hour

Permanent

4 days ago

Is $90,000 a good salary in Hamilton, Ontario in 2024? (2024)

FAQs

Is $90 000 a good salary in Ontario? ›

The average salary in Toronto is $62,050, which is 14% higher than the Canadian average salary of $54,450. A person making $90,000 a year in Toronto makes 45% more than the average working person in Toronto and will take home about $66,663.

How much do you need to make to live in Hamilton? ›

Hamilton's new Living Wage is $20.80/hour. A new report from the Ontario Living Wage Network shows that a full-time worker in Hamilton needs to earn $20.80 an hour to meet their needs and participate in the community.

What's a decent salary in Ontario? ›

Average Salary in Ontario
Annual SalaryMonthly Pay
Top Earners$79,000$6,583
75th Percentile$71,851$5,987
Average$54,834$4,569
25th Percentile$37,817$3,151

What is the average cost of living in Hamilton Ontario? ›

What is the Cost of Living in Hamilton? Ans: The average cost of living for a single person is CAD 2244/month. The cost of living is calculated on the basis of several factors like rent, transportation expenses, groceries, and entertainment expenses.

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