Is it cheaper to live in Halifax or Toronto? This data says costs are comparable

Median Halifax household in 2024 spent 31% of before-tax income on housing and transportation

CBC NewsAndrew Lam

The share of income Halifax households typically spent on housing and transportation costs in 2024 was comparable to cities like Toronto, according to recent Statistics Canada data analyzed by CBC News. 

Half of households in Halifax were estimated to spend about 31 per cent or more of before-tax income on those two expense categories. In Toronto, the figure was 30 per cent.

With housing costs having rapidly increased over the last several years, Halifax realtor Chris Melnyk said the data lines u…

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Read the full story on the CBC website

Is it cheaper to live in Halifax or Toronto? This data says costs are comparable

SOURCE www.cbc.ca

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https://halifax.lokol.me/s/is-it-cheaper-to-live-in-halifax-or-toronto-this-data-says-costs-are-comparable-1883-10365201
CBC NewsAndrew Lam, Posted: Jul 03, 2025 5:00 AM EDT | Last Updated: 34 minutes ago
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