Nigerian Man Living in Canada Who Earns N2.3 Million Monthly Shares How Much Goes into His Expenses
- A Nigerian man who resides and works in Toronto, Canada, has given netizens an insight into his life
- The Nigerian in the diaspora said his monthly salary was $2,200 (over N2.3 million), and his expenses take a large chunk of his income
- He broke down how much he spends every month and the amount he ends up with after settling his bills and a female Canadian resident has, in an exclusive chat with Legit.ng, commented on the man's display
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A Nigerian man who works in Toronto, Canada, has given internet users a breakdown of how much he makes monthly and what is left after he pays his bills.
The man showed netizens what a day in his life looks like, starting with him arriving at the bus stop at 5:30am to catch a bus to his workplace.
Source: TikTok
In a video shared on Friday, March 14, he arrived at his workplace by 7:20am and started work by 7:30am. The man highlighted his monthly expenses.
From his $2,200 (N2.3 million) monthly pay, his total expenses amounted to $1,865 (N2 million).
Giving a breakdown of his expenses, he noted that renting a room costs him $950 (N1 million), bus pass $150 (N161k), heating hydro and internet $150 (N161k), groceries $400 (N430k) and miscellaneous $150 (N161k).
At the end of the day, he said he would be left with $335 (N360k).
"How much to family? How much savings?" he wondered.
Canadian resident reacts to man's display
A Nigerian female student schooling in Canada, in an exclusive chat with Legit.ng, has reacted to the man's income and expenses.
The young lady from the South East in Nigeria, who pleaded anonymity, noted that some cities in the North American country are more expensive than others. She said:
"I am paying my tuition myself. That is almost CA$4,500 every 4 months (a term).
"Because of this, it is impossible to save, pay tuition, rent, internet, power, grocery, Uber and miscellaneous. In months, I do save. I’m saving it to get something or planning for an important thing I need to get.
"Mind you, I don’t work full time! If I was done with school, I’m not paying tuition, and I work full time, it is possible to save at least CA$700-CA$1k a month, depending on your expenses.
"If you like buy-buy and shopping like me, savings go drop. If you’re really disciplined and live within your means, you’ll save a consistent 1k a month.
"Also, this is dependent on the city you live oo. Forgot to mention some cities like Vancouver or Toronto can be quite expensive than usual."
Source: TikTok
Watch his video below:
Canada resident's salary and expenses spark reactions
Matta_d_Art 🇨🇦 said:
"You’re right. Life in big cities is difficult and expensive. I’m glad you made this video. Some people think big cities offer better opportunities, but with that comes expenses and sacrifices. Chin up."
adamvolski said:
"Should be grateful, you have a job, healthy, in peace etc...What would you expect : sleep and getting paid just for existing ???"
FiifiArthur said:
"Bro find small car and buy. You will sleep better and make best out of your time. Or less. You stay in Canada for 10 years and spent 5 years in a bus."
kaimariin said:
"You're a big guy, you should do security bro. Or work another second job. Come bro, work hard 60/80 hours. Save the money, then buy a car, you should be working 2 or three jobs."
Do emond said:
"Canada is dead I’m French canadien born in Quebec end no more dream here we think leaving our beautiful country end we don’t no we’re go we are lost i suggest at any body comme here to rethink."
Cj Smith 🇨🇦 said:
"Thank you for sharing. The hustle is real for so many & some ppl in these comments need to check their privilege. how old are you? and 2nd I'm glad you're here. things will get better! following."
youngandrich__01 said:
"I would buy a car. 345 x 12 is $4000 save 1 year. Then live in my car. Saving 950+350 =1,300 a month savings x 12 = $15,600 do that for 2 yrs you have $31,000. Buy a RV home for $15k. Repeat x 3 yrs."
Work hours for migrants on student visas
The Nigerian migrant revealed he was on a student visa, citing why he could not work more hours to increase his income.
According to Canadian immigration, a person on such a visa cannot work more than 24 hours weekly. Doing otherwise is a violation and has consequences.
Average cost of living in Toronto, Canada
Sources showed that the Nigerian man was prudent with his expenses as he spent below the average costs of living in Toronto, Canada.
Expert Arrivals for instance pointed out that the average rent for a one-bedroom apartment is around $2,700 (N2.9m), while the man spent $950 (N1m) on rent.
His $150 (N161k) monthly bus cost was almost the same as the $156 (N168k) cost reported by Salaryaftertax for Toronto residents. The amounts he portioned for utilities and groceries were also slightly lower.
In a related story, Legit.ng reported that a man who relocated abroad had used his one-month salary to buy a Honda Civic.
Why Canada resident can't enjoy his money
Meanwhile, Legit.ng previously reported that a Nigerian man in Canada who earns a lot of money had shown why he couldn't enjoy his money.
According to the man, he barely had enough time to sleep at home and worked hard every day. He added that the nature of his job made it difficult for him to make new friends.
His post stirred mixed reactions. Some said they sometimes work 21 hours a day to survive in the expensive and competitive environment abroad.
Joseph Omotayo, the HOD of the Human Interest Desk, contributed to this article, comparing the man's expenses with possible average costs of living in Toronto, Canada
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Source: Legit.ng
Victor Duru (Editor) Victor Duru is a Reuters-trained award-winning journalist with over 4 years of working experience in the media industry. He holds a B.Sc in Management Studies from Imo State University, where he was a Students' Union Government Director of Information. Victor is a human interest editor, strategic content creator, freelancer and a Google-certified digital marketer. His work has been featured on US news media Faith It. He can be reached via victor.duru@corp.legit.ng
Kola Muhammed (Copyeditor) Kola Muhammed is an experienced editor and content strategist who has overseen content and public relations strategies for some of the biggest (media) brands in Sub-Saharan Africa. He has over 5 years of experience in copyediting.
