(no title)
tyrelb | 9 years ago
That salary, after tax, will be roughly $90k/year, and the bonuses will be $8k, $7k, after taxes (assuming top-rate on these bonuses).
Rent for a 2-bed (decent, central, downtown) apartment will run you at around $2500 to $3500 / mo (30-40k/yr). Living costs otherwise are reasonable relative to your income. You probably don't need to get a vehicle straight-away, and there are some car sharing services out there (to visit far places, like Whistler, etc.).
Negotiate extended employee benefits (health / dental) paid 100% by the company (excluding long-term disability) AND negotiate the payment of Medical Services Plan (gov't fee - appx. $150 / mo for family) - which I think you have to pay if you're a resident.
So on the surface, yes... I think you'd be "comfortable", but you're not going to feel rich.
Curious what other HN's think...
iamnothere2|9 years ago
How about renting 3-bed Apt/House in suburbs 40-50 minutes to commute? As far as I understand it is Richmond or Burnaby.
tyrelb|9 years ago
In terms of house - not sure. But Burnaby is the kind of place where you could probably still rent a house with a backyard (good for kids). Craigslist is a good start for finding houses for rent, too, otherwise ask potential co-workers for some advice on finding a place. It's quite competitive in the rental market, so give yourself a month or two to find a place. Ask your employer to bridge you a month or two with a furnished rental suite. That's what I did when I first moved to Vancouver...then you aren't worried about making a commitment before living here.
Best of luck!