Hi all
We are moving from South Africa to Canada in July 2015. I just want to make sure that our budget will work. We have received a good offer (well that's what we think we will have about 5000 a month after tax)
As mentioned in the subject, we are a family of 4 (2nd child will be born after we arrive in Canada so technically we are still 3). I have a job offer and the company is located in Mississauga. We are looking to live in the suburbs close to work. We require at least 1 car.
If possible could anyone share their monthly expenses with us?
Rent, food costs per month (we are not fussy eaters), car and insurance costs (looking at SUV's or similar), other travel costs, heating, water, hydro, cable, internet, medical costs etc.
How much annually before taxes in Toronto will be enough to live comfortably? We do not want luxuries just a bit of comfort and a bit to save?