Calculating the cost of living in Niagara region requires a thoughtful process that determines and calculates expenditures necessary to meet basic needs and to participate both economically and socially in the community. In order to maintain calculation consistency with other Canadian communities, but to recognize the unique context of the cost of living in Niagara region, a standardized cost of household expenditures formula was used for a family of four, as outlined in the national living wage framework.
For 2019, the conservatively estimated cost of living expenses for a family of four in Niagara region totaled $73,037.
Published By: Niagara Poverty Reduction Network
Publication Date: November 2019