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Afaik taxes are rather more than in the US. If I enter the 110000 CAD into https://simpletax.ca/calculator https://simpletax.ca/calculator I get a 30% tax rate.
by Matthias247 8y ago
Afaik taxes are rather more than in the US. If I enter the 110000 CAD into https://simpletax.ca/calculator https://simpletax.ca/calculator I get a 30% tax rate. It will also get more at a higher income. Washington/US has less income tax overall, even with higher salaries.
Overall if you earn 30-40% less, you might also have that much less after taxes.
Regarding cost of living: I found the minor expenses (e.g. restaurants) to be quite a bit cheaper than in the US. However the already expensive things are expensive here too. Especially housing/rent, which is currently pretty crazy here in Vancouver. I would expect being able to buy a condo or house a lot faster in the US than here.
- otalp 8y agoSeattle/Austin/Colorado are better than Canada in almost every aspect. But, you could make an argument that with the higher tax rates, renting/house prices and living expenses of California and NYC, Canada could be a viable alternative, especially if you want to go freelance/part-time and need the healthcare, or are a non-US citizen.