Calgary's Cost of Living: Income, Housing Prices, & TaxesPosted by Justin Havre on
The cost of living in Canada is measured by Statistics Canadaʼs Consumer Price Index (CPI), or inflation rate, which indicates changes in consumer prices. The CPI is one of the most important indicators because it is used nationally and calculated monthly and annually. The CPI is calculated by many different indicators such as food, transportation, and housing. However, this overview will focus on household income, housing prices, and provincial income tax rates as indicators to determine Calgary's cost.
Calgary has just over 1.5 million people, making it the fourth-largest city in Canada, following Toronto, Montreal, and Vancouver. In relation to these cities, measured by the indicators mentioned above, Calgarians enjoy a lower cost of living. Read…
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