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Today: 22.01.2018 - 14:09:09
   Canada Mortgage Hub Discussion Board -> Mortgage Edmonton -> Advise on moving to canada from dubai?
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oksana1

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Advise on moving to canada from dubai?
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noe_martinez_argueta

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The salary isn't bad at all. Taxes will take at least 40 percent of it, so, your take home pay would be about just over $50,000.House rent: at least $2000 or more for a house. Apartments will be less.Car: depends on what you buy, but $5000 for an old clunker, $20,000 for something new and small, and $30,000 for a "normal" vehicle.Insurance: that could vary depending on your experience, but, they may not credit much for driving outside Canada. Probably $1000-3000 per year, depending on the vehicle, and he coverage. Insurance on your house would be similar if you bought a house, and maybe 1/4 for renting, or less.Fuel: Count on $.10 per kilometer driven.Groceries: Probably $400 per month or so.Utilities (power, water, heat, etc.) Maybe $400 average? It depends on what the place uses for heating. Edmonton winters can be cold, so the winter costs will be MUCH higher than the summer.Medical insurance: zero. Drugs cost, but, I do not think there are any premiums for health care coverage in Alberta. You can buy extra insurance for drugs, and other things not covered. Costs vary .Restaurants will vary hugely. A fast food meal (like McDonalds) would be about $30 or less for your family. A restaurant could be double that, and up. Way up!You are definitely going to need clothes, especially for winter. A good parka can run several hundred dollars, each. You might get away with less, but....A lot of other stuff is discretionary. Right now, buying a house is better than renting, but, you would need at least 10 percent to put down. I'm not sure the average house price in Edmonton, but, I'll bet it is a good $300,000. So, with $30,000 down, your mortgage cost would be roughly what a rent would be; maybe less. There will be taxes on a house if you own it. I have no idea what Edmonton's municipal tax is like. But, $2000-5000 a year would be an educated guess. It will depend on where the house is, and it's value.
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