Living Wage Family in Canada decreased to 2580 CAD/Month in 2018 from 2640 CAD/Month in 2017. source: WageIndicator Foundation

Living Wage Family in Canada averaged 2535 CAD/Month from 2015 until 2018, reaching an all time high of 2640 CAD/Month in 2017 and a record low of 2440 CAD/Month in 2015. Canada Living Wage Family - values, historical data and charts - was last updated on July of 2022.

Living Wage Family in Canada is expected to reach 2651.00 CAD/Month by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Living Wage Family is projected to trend around 2744.00 CAD/Month in 2023 and 2832.00 CAD/Month in 2024, according to our econometric models.

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Canada Living Wage Family

Related Last Previous Unit Reference
Living Wage Individual 1930.00 1960.00 CAD/Month Dec 2018
Living Wage Family 2580.00 2640.00 CAD/Month Dec 2018

Canada Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.
Actual Previous Highest Lowest Dates Unit Frequency
2580.00 2640.00 2640.00 2440.00 2015 - 2018 CAD/Month yearly