Canada 2024: Province-by-Province Average Income for the Middle Class

Canada's Average Middle Class Income

In Canada, it is well-known for both its high standard of living and its relatively large social assistance programs. Knowing the national average salary allows us to better understand the financial circumstances of our fellow Canadians.

In Canada, over 15% of people make over 15% of their annual income from salaries. The average income is approximately $70,000 before taxes, while the median income is $66,800 after taxes. It's important to know what to expect if you plan to settle in Canada or if you'd like to know how your income compares to the national average.

We'll go into great detail on the typical middle class income in Canada in this piece, along with province-specific average income data.

Recognizing Canadian Middle Class Income

The Labour Force Survey (LFS) reports that, as of October 2023, the average salary in Canada was approximately $64,850 per year. Canada is one of the top 20 countries in the world with the highest earnings, offering steady employment opportunities for families, a good standard of living, and solid political stability. With all of this, it's a refuge for experts and the world's greatest talent.

Based on official government data, there is an anticipated 4.2% increase in the national average wage in 2023. Among Canada's most populous provinces, Alberta had the highest average and median incomes, coming in at $57,600 and $41,300, respectively. This provides another proof that the Canadian economy is robust even in the face of outside difficulties.

Canada's Average Middle Class Income Summary

Article Title: Canada's Average Income for the Middle Class

Average Pay in the Nation: $57,600

Top Income-Giving Provinces: Alberta and Nunavut

Province-specific Average Income

Please review the province-by-province average income table we've included below.

Province 2023 Average Middle-Class Household Income Average 2023

 Average Income for a Single Person

British Columbia MCHI $67,500  ISP  $66,232

Alberta MCHI $77,000.00 $74,237.00

MCHI $67,700 and $88,424 in Saskatchewan

Manitoba MCHI $58,500; ISP $63,000

MCHI $70,100 $63,369 in Ontario

Quebec MCHI $57,506; $59,700

Island of Prince Edward MCHI $59,400 $46,160

Halifax MCHI $57,500~$56,550

New Brunswick: MCHI $57,336 – $56,900

Labrador and Newfoundland MCHI $52,562 < $59,300

Based on the minimal income that each province offers, we hope that this table will assist you in selecting the province where you want to relocate. As you can see, certain provinces have average annual incomes that are much higher than average. The Northwest Territories has the highest median family income among the Territories, whereas Nunavut has the highest average annual income among the provinces.

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