Salary Required

Salary required to live in Richmond Hill, ON

Three lifestyle tiers, back-solved from local rent, cost of living, and tax.

Modest

$75,000

Gross, single filer

  • Housing: $2,300/mo
  • Savings: $250/mo
  • Discretionary: $600/mo

Comfortable

$113,000

Gross, single filer

  • Housing: $2,645/mo
  • Savings: $1,200/mo
  • Discretionary: $1,500/mo

Aspirational

$179,000

Gross, single filer

  • Housing: $3,680/mo
  • Savings: $2,500/mo
  • Discretionary: $2,800/mo

Local rent (1-BR)

$2,300/mo

COL index

131

100 = US average

Median home price

$1,400,000