Quote:
Originally Posted by Spoon
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.
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I would suggest you check out the child poverty stats for BC. Also you should be leary of averages, as the outliers in the upper end of the scale skew things considerably.
You'll find over 1/3 of families with children in this province live on half if not less of that national average. You know what? People make do.
You can raise a kid on much less then $85K/year. Most people do.