Salary Satisfaction In New Brunswick

A good salary in New Brunswick depends on the city and the job in question. In Moncton, New Brunswick, the average yearly salary is $46,160, while the average household income is $82,900. A salary of $98,000 per year in Moncton would mean taking home about $69,271 per year after taxes. In New Brunswick, Canada, the average salary is $61,576 per year or $30 per hour. In comparison, jobs in the IT sector in New Brunswick, Canada, can pay up to $94,247 per year, while analyst positions can start at around $42,147 per year. In New Brunswick, New Jersey, the average salary is $83k per year, with housing expenses 34% higher than the national average.

Average salary in New Brunswick, Canada

The average salary for jobs in New Brunswick, Canada, is $61,576 (CAD) per year or $30 (CAD) per hour. This figure is lower than the Canadian average salary of $54,450.

In Moncton, New Brunswick, the average salary is $46,160, which is 15.2% lower than the Canadian average salary. A salary of $98,000 per year in Moncton is considered good, as it is 112.3% more than the average working person's salary in the city. After taxes, this amounts to $69,271 per year or $5,773 per month.

The average monthly cost of living in Moncton is $2,967 for a single person who rents. This includes housing, transportation, groceries, and entertainment. The average household income in Moncton is $82,900.

The average salary range for jobs at SERVICE NEW BRUNSWICK in Canada is $42,147 to $94,247 per year. The average hourly pay ranges from $17.00 to $36.19.

Average salary in New Brunswick, New Jersey

The average salary in New Brunswick, New Jersey, is $83k. However, the median household income in the city is lower, at $57,138. The cost of living in New Brunswick is 14% higher than the national average, with housing expenses 34% higher, utilities 10% higher, and transportation 9% higher.

The most common industries in New Brunswick are Educational Services, Retail Trade, and Administrative & Support & Waste Management Services. The highest-paying industries are Utilities, Information, and Public Administration. The average salary for men in New Jersey is 1.36 times higher than for women.

Some of the most popular employers in New Brunswick are the Bristol-Myers Squibb Company, Robert Wood Johnson Hospital, and Saint Peter's University Hospital. The average salaries at these companies range from $61,543 to $110,553.

Cost of living in New Brunswick, New Jersey

The cost of living in New Brunswick, New Jersey, is 14% higher than the national average, making it one of the most expensive cities in the US. The average cost of living in New Brunswick is $2848, which is in the top 2% of the most expensive cities in the world. The median after-tax salary is $5101, which is enough to cover living expenses for 1.8 months.

Housing expenses in New Brunswick are 34% higher than the national average, with utility prices 10% higher. Transportation costs, such as bus fares and gas prices, are 9% higher than the national average. Grocery prices are 5% higher than the national average, and healthcare costs are 9% lower.

The average salary in New Brunswick, New Jersey, is $83k. However, the salary can vary depending on the job and the company. For example, the average salary at Bristol-Myers Squibb Company is $110,553, while the average salary at Robert Wood Johnson Hospital is $62,561.

Cost of living in Moncton, New Brunswick

The cost of living in Moncton, New Brunswick, is considered relatively affordable compared to other places in Canada. Here is a breakdown of the costs and some comparisons to help you understand the cost of living in Moncton.

Housing

The cost of housing in Moncton is significantly lower than the national average. According to one source, the average monthly cost of rental housing is $1,107, while the average monthly cost of owned housing is $1,517. However, another source states that the average cost of living in Moncton, including rent, is $1,462 for a single person. For a family of four, the estimated monthly costs are $4,921.

Utilities and Transportation

The average monthly cost of utilities in Moncton is $145 for a single person. The cost of public transit is approximately $220 per month, while the average monthly cost for a driver is $636. Moncton's transportation costs are based on commuting patterns, fuel costs, and public transportation efficiency.

Food and Groceries

A single person in Moncton spends about $459 on groceries per month. The cost of food is calculated based on prices for meats, dairy, produce, bakery products, fast food, and casual dining.

Healthcare

The cost of healthcare in Moncton is not explicitly stated, but it is considered one of the factors in determining the overall cost of living. The healthcare grade estimate includes costs for primary care, dental cleaning, and widely prescribed non-generic drugs.

Leisure and Entertainment

The average person in Moncton spends $137 on leisure and entertainment per month. This includes costs for dining out, movies, theatre, and other miscellaneous goods and services.

Comparison to Other Places

Moncton's cost of living is 3% lower than the New Brunswick average and 17% lower than the national average. It is ranked 139th out of 153 in Canada for affordability and 4th out of 4 within New Brunswick.

In summary, Moncton offers a relatively affordable cost of living compared to other places in Canada, with housing costs being particularly lower than the national average. The city's overall ranking and affordability make it an attractive option for those considering a move to the region.

Popular job titles in New Brunswick, Canada

The Canadian province of New Brunswick has a thriving job market with a variety of in-demand occupations. Here are some of the most popular job titles in New Brunswick, Canada:

• Computer Programmers and Interactive Media Developers: The demand for professionals in this field has increased due to the rise in online transactions and IT-based technologies. A bachelor's degree in computer science and relevant experience are typically required for these roles, with an average salary of $66,000 per year.
• Financial and Investment Analysts: These professionals perform financial analysis of stocks, market trends, and capital movements. A bachelor's degree in commerce, economics, or business administration is usually necessary, and the median salary is approximately $61,000 per year.
• Administrative Assistants: Administrative assistants provide essential support to professionals in various sectors. They handle day-to-day tasks and office management responsibilities. While a secondary school education is typically required, some positions may prefer applicants with a college diploma. The average annual salary for administrative assistants is about $40,000.
• Registered Nurses: Registered nurses and registered psychiatric nurses provide patient care and consultations. They are in high demand, especially during the pandemic. These roles typically require a valid Canadian job visa, and the average annual salary is around $71,867.
• Human Resources Managers: Human resources managers are responsible for planning, organising, and directing within their organisations. A bachelor's degree in a related field, such as business administration or industrial relations, is typically required for these managerial positions.
• Retail Sales Associates: Retail sales associates sell, lease, and rent goods and services to customers. They may also provide consultations on specific products. While a secondary school education is generally required, some positions may prefer applicants with a college diploma. The average annual salary for this role is about $24,000.
• Physicians and Specialists: General physicians diagnose and treat diseases, while specialists focus on medicine and surgery. The average annual salary for physicians is approximately $180,000, while specialists can earn around $284,000 per year.
• Cooks: Hotels, restaurants, and healthcare institutions are among the employers seeking cooks. Their responsibilities include meal preparation, supervising kitchen helpers, and managing kitchen operations. The average annual salary for cooks is about $26,000.
• Early Childhood Educators: These educators develop and implement childcare programs for children under 12 years old. They also ensure a safe environment for the children's well-being. The average annual salary for this role is about $31,000.
• Civil Engineers: Civil engineers plan and manage construction and repair projects. A bachelor's degree in civil engineering or a related discipline is typically required for these roles, which offer an average annual salary of about $73,000.

Frequently asked questions