The six-storey wood frame Radius apartment complex under construction in Royal Oak promises to further increase the supply of affordable housing. Compared to the rest of Canada, households in British Columbia spent the most on shelter. Travis Paterson/News Staff

Canadians spent almost $64,000 on goods and services in 2017

Households in B.C. each spent $71,001 with housing costs contributing to higher average

The average Canadian household spent $63,723 on goods and services in 2017, according to Statistics Canada.

That figure is up 2.5 per cent from 2016.

READ MORE: B.C. housing prices forecast to stay high despite moderating demand

RELATED: Unaffordable housing blamed for Capital Region job shortages

Shelter remains the largest budget item for households in 2017, accounting for 29.2 per cent of their total consumption of goods and services. Shelter is deemed unaffordable if it absorbs more than 30 per cent of household income. Shelter costs also partially account for the fact that households in B.C. spent almost $8,000 more than the average. Only Alberta households ($72,957) spent more than those in British Columbia ($71,001).

In fact, average shelter costs in British Columbia reached an average of $21,844 — the highest in Canada, ahead of second-placed Alberta, where average household spent $21,068. Not surprisingly, households in British Columbia and Alberta recorded the highest average spending on mortgage payments, and spent the most on rent.

RELATED: Rental vacancies are rising across Greater Victoria, but so are rents

RELATED: Langford, Sooke to see 494 affordable housing units in coming years

The cost of shelter also has a class bias. Whereas Canadian households in the lowest income group spent almost 35 per cent on their incomes on shelter, individuals in the highest income category spent 27.4 per cent. In terms of raw numbers, the richest Canadian households spent an average of $28,921 on shelter, the poorest $11,733.

Looking for the cheapest place in Canada to live? According to Statistics Canada, that would be New Brunswick, where households spent the least on goods and services, averaging $52,608, and the least on shelter at $12,692.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

Just Posted

Okanagan inmate who allegedly assaulted prisoners and officer gets trial extension

Afshin Maleki Ighani appeared in Penticton Supreme Court on Monday

Penticton gas prices among the lowest at B.C. pumps

Nine of the 10 lowest-priced gas locations are in Penticton

Similkameen orchardists file lawsuit over ancestral remains site

Lawsuit alleges individuals entered the property by force

Okanagan Vinyl Fest spins into Penticton

Fundraiser for Peach City Radio features albums from vendors all over the province

Conservative leader stops in Lake Country

Andrew Scheer says he would bring back two child-focused tax credits cut by the Liberals

VIDEO: Liberals make child care pledge, Greens unveil platform on Day 6 of campaign

Green party leader Elizabeth May unveils her party’s platform in Toronto

U.S. student, killed in Bamfield bus crash, remembered as ‘kind, intelligent, talented’

John Geerdes, 18, was one of two UVic students killed in the crash on Friday night

Gruesome details of Kelowna mother and daughters’ murder heard in court

Forman didn’t want his daughters to ‘grow up in a world where daddy had killed mommy’

Facebook group forms committee against Thompson Nicola R.V. crackdown

Group discusses issues with regional R.V. bylaw at recent meeting

Free Tesla 3 offered with purchase of Surrey townhome

Century Group’s offer for Viridian development runs through Oct. 31

B.C. communities urged to improve access for disabled people

One in four B.C. residents has disability, most want to work

Sikh millworker lodges human rights complaint against Interfor, again

Mander Sohal, fired from Delta’s Acorn Mill, alleges discrimination based on religion and disability

Twenty day search for missing Labradoodle ends with tears of joy

After twenty days of worry, thousands of kilometers driven, hundreds of social… Continue reading

Lakeshore Racquets Club hosts the 23rd Credit Union Cup

Tournament in Summerland draws teams from around the Okanagan Valley

Most Read