Financial Calculators for Hamilton

Industrial city with growing tech sector

569K
Population
$50,000
Avg. Income
$750K
Avg. Home
105
Cost Index

Living in Hamilton: Key Financial Facts

Housing Costs

Average Home Price:$750,000
Property Tax Rate:1.27%
1-Bedroom Rent:$1,600/mo
2-Bedroom Rent:$1,950/mo

Economic Indicators

Average Income:$50,000/yr
Unemployment Rate:5.4%
Cost of Living Index:105
Average Commute:28 min

Available Tax Credits & Benefits

  • Ontario Trillium Benefit
  • Hamilton Rent Assistance Program

Hamilton is located in Ontario with a population of 569,000 people. With an average household income of $50,000 and a cost of living index of 105, the city has a moderate cost of living aligned with the Canadian average.

Use our free financial calculators to plan your finances in Hamilton. All calculators use the latest 2026 tax rates and include local data specific to Hamilton, Ontario, including property tax rates of 1.27% and current rental market conditions.