Living Wage Calculation: Saint John 2020 (based on 2019 data) Table I: Family Expenses--Two Adults and Two Children (age 2 and 7) Item
Monthly
Food Clothing and Footwear Shelter Transportation Child Care Health Care Contingency/Emergency Parent Education Household Expenses Social Inclusion Total
Annually
$1,050.25 $202.83 $1,202.60 $520.99 $1,238.86 $176.33 $228.08 $113.33 $606.43 $404.29 $5,744.00
$12,602.98 $2,434.00 $14,431.18 $6,251.82 $14,866.34 $2,115.96 $2,737.00 $1,360.00 $7,277.20 $4,851.47 $68,927.95
% of Total Annually 18% 4% 21% 9% 22% 3% 4% 2% 11% 7% 100%
Table II: Non-Wage Income (Government Transfers) from Table 4
Table IIa: Last Year's Family Income (For Government Transfers )
Income
Using this years income Parent 1 Parent 2 Total Employment income $35,581.00 $71,162.00 $35,581.00 Childcare expenses claimed $14,866.34 $14,866.34 Adjustments -$13,000.00 -$13,000.00 Net Income 22,581.00 35,581.00 58,162.00 EI Premiums 562.18 1,124.36 562.18 1,684.25 3,368.51 CPP Premiums 1684.25 Fed. Income Tax 2,858.04 3,698.79 840.76 Prov. Income Tax 2,086.76 2,975.35 888.59 After Tax Income 31,605.22 28,389.77 59,995.00
Monthly
Annually
$0.00 $20.83 $686.32 $715.86 $0.00 $28.06 $1,451.08
NBCTB NBWIS CCB (Jan-June) CCB (July-December) GST Credit NBHSTC Total
$0.00 $250.00 $4,117.94 $4,295.17 $0.00 $336.76 $8,999.87
Table III: Family Income Less Family Expenses Annually Available Annual Income
$68,994.86
Annual Family Expenses
$68,927.95
Gap
$66.91
Table IV: The Living Wage and Government Deductions and Taxes Column1 Hours / Week Wage Gross Employment Income
Parent 1
Parent 2
Total
35
35
$19.55
$19.55
70
$35,581.00
$35,581.00
$71,162.00
35,581.00
58,162.00
-$13,000.00 Adjustments (Child Care Expenses) Net Income
22,581.00
EI Premiums CPP Premiums Fed. Income Tax Prov. Income Tax Fed. Refundable Credits After Tax Income Monthly After Tax Inc.
562.18 1,684.25 840.76 888.59 0.00 31,605.22 2,633.77
562.18 1,684.25 2,858.04 2,086.76 0.00 28,389.77 2,365.81
1,124.36 3,368.51 3,698.79 2,975.35 0.00 59,995.00 4,999.58
Table V: Family Income less Gov't Deductions and Taxes plus Gov't Transfers Total Annual Income from Employment - EI, CPP, Fed. and Prov. Taxes Equals Family Take Home Pay + Transfers
$71,162.00 $11,167.00 $59,995.00 $8,999.87
Equals Total Disposable Family Income
$68,994.86
- Family Expenses Equals Income less expenses
$68,927.95 $66.91