Quote:
Originally Posted by Mr.HappySilp
Having a family income of 70k is fine. Sure you won't get to buy brand names or get a new LV purse every week. But is doable.
|
You must be joking. If you're thinking of raising a family (1 or more child) in Vancouver on 70k gross income, good luck. Other than the bare essentials, you'll be lucky if you could get your kid(s) through college without them being in loads of debt.
http://www40.statcan.gc.ca/l01/cst01/FAMIL21A-eng.htm
Average income (after tax) for a Canadian family with two earners is already 85k in 2008. And being in Vancouver, you'll probably expect it to be higher.