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At $47,600, Halifax’s residents earned the lowest household income per capita of the 6 benchmark cities. Per capita income grew by 2.6% in Halifax throughout 2019, third among benchmark cities and just shy of the 2.8% national growth rate. The price of consumer goods in Halifax grew at an average pace compared to the benchmark cities, rising ...
4 days ago · Summary of cost of living in Halifax. Family of four estimated monthly costs: C$6,791. Single person estimated monthly costs: C$3,715. WARNING! These estimates are currently based on just a small amount of data. They provide a decent starting assumption, but they are not yet completely reliable. List of prices in Halifax. Current as of Oct 2024.
Jun 11, 2024 · In 2022, the average monthly rent for a two-bedroom apartment was $2,041, and for a one-bedroom $1,574. Compared to 2020, the average price rose over $160 in a year. If we compare the rental prices of Halifax to those in Toronto and Vancouver, you can expect to pay about 70% less rent in Halifax.
- Many groceries in Nova Scotia are more expensive in Nova Scotia than other parts of Canada because it costs more to transport food there.
- While property prices are cheaper than in some other provinces, residents in Nova Scotia pay more in other areas, and it ranks the third highest fo...
- At the time of writing, the livable wage in Nova Scotia was between $20.00 and $23.50 per hour.
- Property prices in Nova Scotia have been rising in recent years. However, it is still more affordable than many other Canadian provinces. For examp...
Oct 2024. Prices in Halifax. Cost of Living in Halifax. A family of four estimated monthly costs are 3,856.7$ (5,324.3C$) without rent (using our estimator). A single person estimated monthly costs are 1,087.9$ (1,501.9C$) without rent. Halifax is 36.7% less expensive than New York (without rent, see our cost of living index).
2 days ago · Market Report Summary for September 2024. Updated October 10th, 2024. The average home price in Halifax was $575,075, 11% higher than last year and 0.9% higher than last month. The benchmark home price in Halifax was $538,100, 2.7% higher than last year and 1% lower than last month.
In 2023, Halifax’s average non-mortgage debt per consumer was $20,818, a decrease of $118 (-0.6%) from 2022 and a record low. This decrease came as Halifax households spent less on credit cards and lines of credit. Delinquency rates increased to 1.24% in 2023 up from 1.00% in 2022.
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Multi-unit starts fell by 71% in rural Halifax. Average rent for a 2-bedroom apartment in Halifax rose 4.4% in 2020, to $1,255 per month (+$53 over 2019). After sharp declines over the past 5 years, the vacancy rate increased by 1 percentage point, the largest year-over-year growth in over a decade.
