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Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable
by hungryforcodes 5y ago
Have you lived in Toronto? Don't forget after taxes that's around $39k. $3250 / month. Subtract $1500 for an apartment. Left with $1750. Hydro, internet, cable (?), a car, license, insurance, etc. Left with $1000 a month for food. $33/ day. Really not so much. You want to be saving too...
- rmellow 5y agoFor the uninitiated: Auto insurance in Ontario frequently costs more than the car lease itself. At the low end, it costs CAD 250/month, more if you're a male driver with few years of experience (or an immigrant with many years of experience abroad that don't count).
- iratewizard 5y agoIt's probably that much from all the morons in Toronto who cause accidents by their selfish negligence. Every time I have the misfortune of being in Toronto, people park on the side of a two lane road, flocks of bikers take up one and a half lanes, people carelessly walk into the road like they're looking to get hit and never once will you hit two green lights in a row.
- rmellow 5y ago@iratewizard It's mostly due to insurance fraud and extreme weather, allegedly: https://www.ahainsurance.ca/car-insurance/rates-ontario-high/ https://www.ahainsurance.ca/car-insurance/rates-ontario-high...