This report maps rental affordability in neighbourhoods across Canada by calculating the “rental wage,” which is the hourly wage needed to afford an average apartment without spending more than 30% of one’s earnings. Across all of Canada, the average wage needed to afford a two-bedroom apartment is $22.40/h, or $20.20/h for an average one bedroom.
Author: David Macdonald
Published By: Canadian Centre for Policy Alternatives
Publication Date: July 2019