Toronto vs Austin: where does a fashion designer save more?
Best for saving: Austin — about $2,125/mo after taxes and living costs.
Toronto Canada | Austin US ★ Best for saving | |
|---|---|---|
| Median salary | $67,236 | $75,608 |
| Take-home / mo | $4,209 | $5,035 |
| Income tax | ~25% | ~20% |
| Living costs / mo | $2,212 | $2,910 |
| Savings / mo | $1,997 | $2,125 |
| Savings rate | 47% | 42% |
| Verdict | Excellent | Excellent |
Single professional, after-tax. "Savings" = take-home − a baseline cost of living. A planning estimate, not financial advice.
How we calculated this
• Salary: BLS/OECD median for a fashion designer, adjusted per city.
• Tax: each country's single-filer effective rate (e.g. Canada ~25%, US ~20%).
• Living costs: a single professional's baseline monthly budget per city.
Estimates, not financial or tax advice. Updated 2026.