ST Alpha - "in 2010 in Canada, to be considered as in the top 1% of income earners, you had to earn $201,400....." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 157

in 2010 in Canada, to be considered as in the top 1% of income earners, you had to earn $201,400.....

Posted by Walt_Disney (aka Walt_Disney) Jan 28 '13, 08:07

I am in no way close to that, but I dont really think that number is that high.

What surprises me more is that the median income for the other 99% is only $28,000. 50% of the other 99% earning less then $28,000 is scary in my mind.

http://www.statcan.gc.ca/daily-quotidien/130128/dq130128a-eng.htm?HPA (www.statcan.gc.ca)

Responses:

that really isn't that high *at all*. and how do people live on $28,000? -- nm - Andie Jan 28, 08:08 30
- The WSJ has an infographic for that. -- nm - Mop (190 lbs) Jan 28, 08:52
- My dude says he could live on $700 a month (but he owns his home outright, no mortgage). That might be a bit low, but $1000 for sure. -- nm - mara Jan 28, 08:28 2
  - Wont property taxes and maintenance take up a few hundred a month though? Thats why a lot of seniors struggle..own the house but upkeep can hurt. -- nm - Walt_Disney Jan 28, 08:34
  - sure, if you own your own home. -- nm - Andie Jan 28, 08:29
- I am not making much more -- nm - amoxy Jan 28, 08:25 3
  - it also depends on your cost of living where you live. when i had my first real job i made $22,000 - Andie Jan 28, 08:27 2
    - Yeah, when I see that number I think about places like Rankin Inlet and Atiwapiskat - Reagen Jan 28, 08:28 1
      - (or retired people. I'm not sure, but my parents technically might not have that much in income) - Reagen Jan 28, 08:31
- when I was in grad school I lived on $12k and didn't get loans or help from my folks. - loosilu Jan 28, 08:22 3
  - sure, that wasn't in 2010. -- nm - Andie Jan 28, 08:23 2
    - probably wouldn't be more than $16K in 2010. -- nm - loosilu Jan 28, 08:24 1
      - Yep, according to this inflation calculator, it's $16,677.32 in 2010 money. -- (link) - loosilu Jan 28, 08:26
- I live on that. -- nm - Krusty Jan 28, 08:15 8
  - Thinking about it more, we live on a bit more than that but not a whole lot. -- nm - Krusty Jan 28, 08:16
  - i assume that's just you, and your girlfriend's salary is in addition to yours? -- nm - Andie Jan 28, 08:15 6
    - She only works part time right now and I work two part time jobs. We barely get by. - Krusty Jan 28, 08:19 5
      - I applied for a third part time job on Friday. Gots to make more loot! - Krusty Jan 28, 08:20 2
        
        good on you for the school thing! - znufrii Jan 28, 08:24 1
        
        Thanks. I'm thinking CT tech. X-rays for everyone! - Krusty Jan 28, 08:28
      - ah, yeah, if it's part time jobs, that can be tough. -- nm - Andie Jan 28, 08:19 1
        
        I've never made good money on my own. My gf used to have a very well paying job at white shoe law firm. - Krusty Jan 28, 08:23
- If I absolutely had to, I could probably get by on about 25k, but there would *nothing* beyond just surviving. -- nm - Reagen Jan 28, 08:12 4
  - what would that even be after taxes? -- nm - Andie Jan 28, 08:14 3
    - [deleted] 1
      - i think it would be after a refund, but they would still take deductions at source. -- nm - Andie Jan 28, 08:16
    - ..fairly close to 25k, actually. -- nm - Reagen Jan 28, 08:15
- they live in igloos -- nm - CQ Jan 28, 08:09 3
  - difficult to do in summer. :) -- nm - Andie Jan 28, 08:12 2
    - It's Canada, silly. They've got snow up there year round. -- nm - decline Jan 28, 08:14 1
      - silly Andie -- nm - CQ Jan 28, 08:25

Post a message top

in 2010 in Canada, to be considered as in the top 1% of income earners, you had to earn $201,400.....

Replies are disabled on threads older than 7 days.