off topic but wasn't he quoted for tasting his own sperm? i remember that was in somebodys signature before. don't think he'll be heading in the right direction by doing things like that..

$600 is about right if you also include eating out. But $250/month on clothes, going out, and toys isn't anywhere close to what you'll need. You will drink more then that in the span of a month

Sounds like you plan on having this wicked place downtown, with absolutely no furniture, no couches, no tv, no aquarium, pretty much nothing in it? And how do you plan on vacuuming your floors? Wait don't answer that lol

Realistically with the budget you have, I would aim for about half that on rent, unless you needed to live downtown for work purposes... rent is one of those expenses you try to minimize, not splash on. Because you're putting money in someone else's pocket. You're literally going to have an incredible place, and absolutely no money in your bank accounts and will probably chase after friends who owe you like $20 lol. If someone gave you a wad of cash worth $800 every month NOT to live downtown, would you? That's basically the case.

LOL

But back on topic, I see Boostaholic is from richmond, and most of the apartments, even the new ones cost around 1400-1600 for 2 bdrms. One bedrooms should be at least a couple hundred $$ less even for the nice apartments.

work an extra day of the week if ur worried about $$

Income: 60k - 70k (depending on the market)
Monthly: roughly 3500 - 4000 (after tax)

Monthly expenses:
Mortgage: 1050
Utilities & Strata: 350 (including medical expenses)
Car: 405
Insurance: 227
Food: 400 (including eating out but not drinks)
Booze: 200-400 (depending on birthdays/holidays mostly :P)
Phone: 80
RRSP & Investments: 300
------------------------
Total: 3112

I'm living fairly comfortably. However, I don't have a girlfriend at the moment, so costs will be a bit higher once I find myself a wench :P.

average salary for computing science graduate? ideas?

Salary - 55k = 3,200 month
Rent 800 divided by 2, go live in GF = 400
Car = I Own
Gas = 200
Bills = 250
Which leaves $2350 For food and fun. I end up banking 12-1400 each month. Not too shabby but I will be taking a bit of a pay cut in the future. Living in a small town with cheap rent has its advantages.

What everyone else has said about the food budget is right on. My budget is $600-700 a month for food but there is 3 of us here and that includes things like diapers.

Current Gig : accounting student ft / work pt -
-live with parents

Income: 1200/mo - after tax

Food/groceries: 100
Dining out/entertainment: 200
Car: own
gas: 120ish ( live in surrey n go to van 6/7 days)
insurance: 140
Phone: 50
RRSP/Investments: 210

Total Expenses = 820

$380 left over, of which some usually goes towards tuition/books, gifts , oil changes or to a cash savings account etc...

45K after tax + bonus

living off parent's credit cards...w00t...no expense at all

You eat diapers? Is that with or without the sauce?

Damn... kids must be expensive these days if you're eating diapers :p

income 52K, 2700/month after tax

Rent: 550,
Insurance: 200$
Gas: 150-200$
Work Pension/RRSP: 400
Phone: 50

Income: $59k with no overtime (probably $3-4k goes to tax)... or over 90-120k (probably over $10k goes to tax) with some crazy overtime.

MPF (same as CPP): $2k per year
Rent: $1.9k per month (22.8k per year) including parking
Insurance: $200 per year (for the bike)
Food: I eat out everyday so it's a pretty huge amount...
Transportation: $2k per year

not to burst your bubble, but i heard EIT's salary is between 40k to 45k (before tax)

so unless there are EIT's making 70k, the 55k average seems pretty high

Ya, reuse and recycle. You have any idea how much undigested food can be salvaged from your average diaper?

IT contractor?

IF you're wondering about his tax splits, it's because, IIRC, he doesn't live in Canada.

Being an IT contractor does not mean that you pay next to nothing for taxes... unless you enjoy dabbling in tax fraud.

I shall contribute:

Monthly income after taxes (net income): $2400

Rent: $0 (Live at home)
Car payment: $0 (Purchased in full 1 year ago)
Car insurance: $0 (Pay $~3000 annually)
Student loan repayment: $0 (Paid in full)
Gas: $50 (I take transit to work)
Transit pass: $100
Internet/Cellphone: $80 (Basic internet + cheap retention plan)
Food: $300 (Live at home - some groceries + eating out + alcohol)
Everyday stuff / incidentals (ie toothpaste, condoms, etc.): $50
Monthly contributions to long-term investments & RRSPs: $400
Monthly savings / money to be used on random large purchases: $980

Based on my current economic situation, it seems, even if I stop my monthly contributions and put that towards my insurance and general savings, I can at best afford to rent a place for $800 / month max including heating and electrical bills. I'll probably stop eating out and cut all random purchases and travel so I can save some money. Definitely seems doable, but I will ride it out at home until my career stabilizes (and hopefully, takes off from here on).

I rarely hear of starting EITs making 55K, unless they work at BC Hydro. 40-45 is more accurate

what's an EIT?

My expense

rent/mortage $1000 per month. Living at paretns' house so I can pay the mortage for my apartment. Currently renting it out for $1200
food $50 to 75. I live at home so food is free.
NO CAR since too poor to drive at the monent.
Bus pass $67
Cell phone $50
Insurnace company pay for it
Health care company pay for it.

I make around $36k per year. Looking to take some part time class to get a better job in a few years.

Occupation: ABM Tech
Salary: 40k (3300/month before tax, 2600 after taxes/benefit deductions)
Mortgage: $1000
Car Payment: $0
Insurance: $0
Gas: $0
Internet/TV/Cell Phone/Hydro: $250
Food: $500
Strata: $250

Leftovers: $600

what ive found is to take whatever you think you will need for everyday spending money and tripple that. you have no idea how fast the little things add up, especially when you have an unexpected expence pop up from time to time.

Not if you are like me. Get up, go to work, come home after work, stay home and play some Wii WoW, then go to sleep.

On days off stay home play WoW and never go out. Yes life is boring but at least you save a lot of money.

I stay home on weekdays and only go out on saturdays. When I'm out on saturdays thats the noly day I will eat out, every other day is home cooked food. Saves alot of money not going out to eat during the weekdays and partying at clubs and blowing my money on weed and alcohol