Is $60,000 Enough to Live in Brampton? (October 2026 Data)

Is $60,000 enough to live in Brampton? Cost of living breakdown 2026

The short answer

Yes — $60,000 is enough to live in Brampton, but housing will take a big bite. An average 1-bedroom rents for $1,778 a month, which is about 42% of your take-home pay. That leaves roughly $2,435 a month for everything else: food, transport, bills, and savings. It’s workable for a single person, tight for a family.

What $60,000 leaves you after tax in Ontario

  • Gross: $60,000/year
  • Estimated take-home: ~$50,552/year (~$4,213/month) after federal and Ontario income tax (2025 tax year)
  • Note: estimate for a single filer with no dependents; actual take-home varies with RRSP contributions, benefits, and credits.
Monthly budget split: $1,778 average 1-bedroom rent vs $2,435 remaining from $4,213 take-home pay in Brampton

Rent in Brampton right now

Average asking rents in Brampton (CMHC, October 2025):

  • Studio: $1,430/month
  • 1 bedroom: $1,778/month
  • 2 bedroom: $2,032/month

Brampton rents run noticeably below Toronto proper, which is the main reason the city works on a $60,000 salary. A 2-bedroom at $2,032 would take 48% of take-home — doable, but it leaves little breathing room.

Average rent in Brampton by bedroom type, CMHC October 2025

What people actually earn around here

Median wages in the Toronto economic region (Job Bank, 2025 release), converted to yearly:

  • Cashiers: ~$36,608/year
  • Cooks: ~$37,440/year
  • Customer service representatives: ~$46,800/year
  • Transport truck drivers: ~$52,208/year
  • Licensed practical nurses: ~$64,480/year
  • Registered nurses: ~$84,427/year

At $60,000 you’re earning above the median for service, retail, and driving jobs in the region — roughly in line with skilled trades and practical nursing.

Median yearly wages for common jobs in the Toronto region vs $60,000, Job Bank 2025

The monthly math

$/month
Take-home pay$4,213
Average 1-bed rent$1,778
Remaining for everything else$2,435

Financial advisors often suggest keeping housing under 30–35% of gross income. At 42% of take-home on a 1-bedroom, you’re above that guideline — the classic Brampton trade-off: cheaper than Toronto, but still a stretch on a single $60k income. A studio at $1,430 (34% of take-home) fits the guideline comfortably.

What changed since last month

This is the first edition of this guide (October 2026 baseline). CMHC and Job Bank release annually, so these figures hold until the next releases — expected fall/winter 2026. We’ll update the comparison here when new data lands.

Where our data comes from

We publish our sources so you can check our math:

Charts on this page are our own, drawn from the sources above. Figures were current as of October 2026; sources revise their data periodically.

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One response to “Is $60,000 Enough to Live in Brampton? (October 2026 Data)”

  1. […] and Mississauga’s $1,746 — the three cities sit within $32 of each other. See our full Brampton $60,000 breakdown for the […]

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