Calculating the cost of living in the Niagara region requires a thoughtful process that determines and calculates expenditures necessary to meet basic needs and to participate both economically and socially in the community. In order to maintain calculation consistency with other Canadian communities, but to recognize the unique context of the cost of living in Niagara region, a standardized cost of household expenditures formula was used for a family of four, as outlined in the national living wage framework.
For 2018, the conservatively estimated cost of living expenses for a family of four in Niagara region totaled $71,483.00
This brief provides context on the cost of living in Niagara region in 2018, as well as a detailed description of the methodology used to calculate the expenses in each category.
Additional information can be found in this related document, Calculating the Living Wage in Niagara Region 2018.
Published By: Niagara Poverty Reduction Network
Publication Date: November 2018View Calculating the Cost of Living in Niagara Region 2018