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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Fiery collision involving truck closes Highway 1 at Three Valley Gap

Drivers should expect major delays and congestion; estimated time of re-opening is 2 p.m.

Westbank First Nation Grand Chief Noll Derriksan passes away

Derriksan was 79 at the time of his passing

Central Okanagan school superintendent addresses technology’s impact on students

Physical and mental well being for students key themes during Kevin Kaardal’s presentation

Lake Country approves 5.88 per cent property tax increase

The average home assessed at $711,000 will have to pay an extra $123 per year

Kelowna to introduce new strategy for community education about supportive housing

The model seeks to enhance community engagement, accessibility and transparency

HIGHLIGHTS: Day one and two at the 2020 BC Winter Games

Athletes had sunny – but cold – weather to work with in Fort St. John

Tyler Toffoli scores twice, Canucks crush Bruins 9-3

Stecher, Miller each add three points for Vancouver

Zamboni driver, 42, earns NHL win over Maple Leafs

Emergency goalie called into action for Carolina Hurricanes

Governor general says multiple solutions needed for ‘complicated’ overdose issue

Julie Payette met at a fire hall with firefighters and police officers as well as politicians and health experts

Landlord ordered to pay $11K after harassing B.C. mom to move days after giving birth

Germaine Valdez was pressured to move just a few days after giving birth by C-section to her child

Heart attacks strike B.C. husband and wife just over one year apart

Courtenay couple share personal stories to bring awareness to heart month

‘Nothing surprises us anymore:’ U.S. border officials find brain in package

U.S. Customs and Border Protection agents found the brain packed in a glass mason jar in a Canada Post shipment

Prolific offenders from Alberta lead RCMP on chase from Kelowna to Abbotsford

Men first reported in Chilliwack ending with allegedly stolen vehicle in an Abbotsford pond

Adapting to love along the Columbia River

One man starts a GoFundme to help his partner with health costs caused on the trip where they met

Most Read