|
|
2009 Housing Prices
|
Type |
Price |
Qualifying
Household Income* |
|
Standard Two-Storey |
$365,300 |
$83,100 |
|
Detached Bungalow |
$328,300 |
$74,000 |
|
Townhouse |
$229,000 |
$52,100 |
|
Condo |
$206,000 |
$46,800 |
|
* Based on a 25% down
payment and a 25-year mortgage loan at a five-year fixed rate
-excluding maintenance fees.
Source: RBC.
November 2009. |
|
Date |
Average House Price |
|
2008 Forecast |
$333,000 |
|
2009 Projected |
$333,000 |
|
Source: Royal LePage. 2009. |
According to the International Housing
Affordability Survey 2009, Edmonton was ranked at 167 out of 265 cities
in six countries, so it's less affordable than Chicago
(ranked at 162 place).
|
|
|
Average Rent
for Two-Bedroom Apartments in 2009
$1,059.00 per month
Source: Canada Mortgage
and Housing Corporation. 2009.
|
|
|
2008 Average expenditure per household
|
Concept |
Amount ($) |
|
Personal taxes |
21,792 |
|
Shelter |
16,768 |
|
Transportation |
13,903 |
|
Food |
7,861 |
|
Recreation |
5,528 |
|
Personal insurance payments and
pension contributions |
5,224 |
|
Household operation |
3,960 |
|
Health care |
2,337 |
|
Tobacco products and alcoholic
beverages |
1,705 |
|
Education |
1,235 |
Source: StatCan 2009
|
|
|
Public Transportation
|
Type |
Ticket |
Monthly Pass |
|
Regular |
$2.50 |
$74.25 |
|
Low Income |
-- |
-- |
|
Special fares for
Seniors, kids, and students; & Special hours. |
|
Source: Edmonton
Transit System. 2009. |
|
|
2005 Average Car Insurance
$1,714.78 per year
Source: Car Test .ca
|
|
2009 Minimum Wage
$8.40 per hour
Non-Immigrant and immigrant FAMILY INCOME in Edmonton
|
|
Median Family Income |
|
2000 |
2005 |
|
Non-immigrant |
$72,133 |
$80,744 |
|
Immigrant |
$64,766 |
$69,210 |
|
Difference |
$7,367 |
$11,534 |
|
Source: Statistics Canada, 2008. |
|
|
Consumption Taxes
Alberta is the only province in Canada
with no Provincial Sales Tax (PST). However, there is a 4% Tourism Levy on
all hotel rooms. The Canadian Government also charges 7% Goods & Services
Tax (GST) on most purchases.
|
|
2009 Federal Income Tax
|
Income |
Tax Rate |
|
On the first $40,726 of taxable
income, + |
15% |
|
On the next $40,726 of taxable
income (on the portion of taxable income between $40,726 and
$81,452), + |
22% |
|
On the next $44,812 of taxable
income (on the portion of taxable income between $81,452 and
$126,264), + |
26% |
|
Taxable income over $126,264. |
29% |
|
Source: Canada
Revenue Agency. 2009. |
|
|
|
|
2009 Provincial Income Tax
|
Income |
Tax Rate |
|
Basic Personal Amount |
0% |
|
Any amount |
10% |
|
Source: Alberta
Government. 2009 |
|
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2006
TOTAL VIOLENT Crime Rate
893 per 100,000 population.
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www.canadaimmigrants.com |
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