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Excellent Business Environment

Median Cost of Housing - Selected North American Cities - 2007


Major Canadian cities offer a variety of residential housing that is cost competitive with other North American urban centres.


Source: Economic Research Institute, The Geographic Reference Report 2007 (5/2007)

Median Cost of Housing - Selected North American Cities - 2007
City $Cdn in thousands
Windsor
222.9
Sault Ste. Marie
258.7
London
259.6
Cornwall
264.5
Ottawa
311.8
Halifax
340.0
Detroit
343.9
Sudbury
370.9
Atlanta
463.8
Edmonton
465.1
Dallas
466.6
Montreal
517.9
Toronto
521.6
Chicago
656.5
Calgary
656.8
Vancouver
726.7
Washington
988.2
Boston
1,428.0
Los Angeles
1,436.9
San Francisco
1,716.9
New York
1,785.3

NOTES:
- Median sale price for 2,200 sq. ft. residence in low-crime neighbourhood. Specifics: 3+ bedroom, 2½+ bath, attached 2-car garage, 2,200 square foot (190 square metre) residence, on at least a 6,500 square foot (604 square metre) lot.
- conversion of US dollars (for US cities) using Jan. 2/07 exchange rate: 1 USD = 1.16 CAD

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