Can a Couple Survive with CAD 6500 Monthly Salary in Regina, Canada?

Living in Regina, Canada, with a monthly salary of CAD 6500 can be quite manageable. The city offers a moderate cost of living with various amenities, making it a viable option for couples. Below, we break down key expenses to help you understand if this salary will suffice for a comfortable lifestyle.

Typical Monthly Expenses Breakdown

Housing

Rent: A one-bedroom apartment in Regina typically costs between CAD 1200 and CAD 1800 per month, depending on the area. (More details...)

Utilities

Electricity, Heating, Cooling, Water, and Garbage: Monthly utilities can range from CAD 150 to CAD 250. (More details...)

Transportation

Public Transit

A monthly transit pass in Regina costs around CAD 80 per person. (More details...)

Car Expenses

If you own a car, consider insurance (CAD 100-150), gas, and maintenance. (More details...)

Groceries

Monthly grocery expenses for two people usually range from CAD 400 to CAD 800, depending on dietary preferences. (More details...)

Other Expenses

Insurance

Health and other insurance can vary widely, but budgeting CAD 200-400 per month is reasonable. (More details...)

Entertainment and Dining

This can vary greatly, but budgeting CAD 200-400 for outings, dining, and activities is common. (More details...)

Estimated Monthly Budget Summary

Category Estimated Cost (CAD) Housing - Rent 1500 Utilities 200 Transportation - Public Transit 200 Transportation - Car Expenses 300 Groceries 600 Insurance 300 Entertainment 300 Total Estimated Expenses 3600 - 4200

Conclusion: Affordability and Comfort

With a monthly income of CAD 6500 after accounting for these expenses, the couple would have around CAD 2300 to CAD 2900 left for savings, additional expenses, or discretionary spending. This suggests that living in Regina on this salary is quite feasible and allows for a comfortable lifestyle.

Additional Insights from Cost of Living Data

According to Economic Development Regina Inc., the following are average monthly costs based on a household income of CAD 75000:
Provincial Taxes and Health Premiums: CAD 4080 Utilities and Auto Insurance: CAD 3483 Mortgage and Property Taxes: CAD 11323 Total costs average CAD 18886.

(More details...)

With careful budgeting and a strategic choice of housing, it's feasible for a couple with a CAD 6500 monthly salary to enjoy a comfortable lifestyle in Regina. However, the exact affordability will depend on your specific choices and preferences.