In February 2022, more than half of Canadians (53 percent) reported being challenged by the cost of living. These difficulties were more prevalent among Canadians with the lowest incomes: three-quarters of those earning less than 25,000 Canadian dollars per year reported such difficulties, as did 63 percent of those earning between 25,000 and 50,000. In addition, just over one-third of those earning more than 200,000 Canadian dollars a year said they were having difficulty coping with the cost of living.
Share of people who cannot cope with the cost of living in Canada in 2022, by level of income
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Angus Reid Institute. (February 28, 2022). Share of people who cannot cope with the cost of living in Canada in 2022, by level of income [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/
Angus Reid Institute. "Share of people who cannot cope with the cost of living in Canada in 2022, by level of income." Chart. February 28, 2022. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/
Angus Reid Institute. (2022). Share of people who cannot cope with the cost of living in Canada in 2022, by level of income. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/
Angus Reid Institute. "Share of People Who Cannot Cope with The Cost of Living in Canada in 2022, by Level of Income." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/
Angus Reid Institute, Share of people who cannot cope with the cost of living in Canada in 2022, by level of income Statista, https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/ (last visited May 13, 2024)
Share of people who cannot cope with the cost of living in Canada in 2022, by level of income [Graph], Angus Reid Institute, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/1320827/canadians-cannot-keep-up-cost-living-income-level/