Many Canadians feel an annual income of $100,000 is necessary to feel comfortable

For many Canadians, an annual household income of $100,000 is necessary to feel comfortable, according to a new survey.

However, the amount required to feel at ease differs depending on age, the size of a given household, whether they own their home and where they live.

In June, Canadian magazine, MoneySense , teamed up with Leger Marketing research to survey more than 9,000 Canadians living in 79 different Canadian cities. The survey canvassed five income options between $74,200 up to $250,000.

The most popular option was $100,000, chosen by 37 per cent of respondents. The next biggest group, 25.8 per cent, chose $150,000. Somewhat fewer respondents, 23.8 per cent, chose $74,200. Much smaller groups opted for the higher options of $200,000 (8.5 per cent) and $250,000 (4.9 per cent).