Here’s how much you need to earn to buy a house in Quebec

A Montrealer must earn almost three times more than a resident of Quebec to be able to buy a house of 100 square meters, according to a recent study conducted by HelloSafe.

The data show that in Montreal, you have to earn $251,000 gross annually to hope to afford a 100 square meter house.

Five other regions require a gross annual salary of more than $100,000 to afford the same property, namely Laval, the Laurentians, Montérégie, Outaouais and Lanaudière.

In the Capitale-Nationale, you have to earn $88,448 a year to buy a house of this size.

Conversely, Côte-Nord ($43,357), Nord-du-Québec ($50,056) and Mauricie ($53,009) are the regions where the gross annual salary to buy a 100 square meter house is the lowest in the province.

On average, across Quebec, households must have gross annual income of $91,448 to buy this type of housing.

The annual salaries necessary for the purchase of a house of 100 m2:

– Montreal: $251,100

– Laval: $140,987

– Laurentians: $118,532

– Monteregie: $116,970

– Outaouais: $107,247

– Lanaudiere: $103,882

– Capitale-Nationale: $88,448

– Estrie: $85,183

– Chaudière-Appalaches: $79,433

– Lower St. Lawrence: $68,227

– Gaspésie-Iles-de-la-Madeleine: $68,034

– Abitibi-Témiscamingue: $63,558

– Centre-du-Quebec: $60,801

– Saguenay-Lac-Saint-Jean: $55,807

– Mauricie: $53,009

– Northern Quebec: $50,056

– North Shore: $43,357


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