The High Cost of Raising a Family in Vancouver

(April 28, 2012 )

Recent report by Canadian Centre for Policy Alternatives looks into the real cost of raising a family in Metro Vancouver.  The study looks into the cost of shelter, transportation, childcare, and food.  It does not including buying your own home or retirement planning.

It concludes that for a family of four (2 parents and 2 children) will require at least dual income of $19.14/hour.

According to Living Wage for Families Campaign, some of the biggest increases to the cost of living recently is child care expenses, MSP premiums, and soaring rental rates.

CCPA:  Canadian Centre for Policy Alternatives
Living Wage for Families