The three most and least expensive major cities in Canada by cost of basic needs heading into 2024
0
22
According to Market Basket Measure (MBM) data released by Statistics Canada in late November, the cost of basic needs among all assessed major cities across Canada is highest in Calgary (Alberta) and lowest in Montreal (Quebec).As defined* by Statistics Canada (StatsCan), MBM data “is based on the cost of a specific basket of goods and services representing a modest, basic standard of living for a reference family.”For the provinces, Yukon and the Northwest Territories, the MBM reference family consists of “two adults with two children. [However], for Nunavut, the MBM reference family consists of two adults with three children.”Discover if You Are Eligible for Canadian ImmigrationPlease note that while the StatsCan data, published based on 2022 figures, also includes MBM data for regions in each province based on specific population thresholds – “under 30,000” or “30,000 to 99,999” – this article will only focus on major provincial cities identified by name within the dataset.Where is...