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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 $US in thousands
Windsor
209.3
Sault Ste. Marie
242.9
London
243.7
Cornwall
248.3
Ottawa
292.7
Halifax
319.2
Detroit
322.9
Sudbury
348.2
Atlanta
435.4
Edmonton
436.6
Dallas
438.0
Montreal
486.2
Toronto
489.7
Chicago
616.3
Calgary
616.6
Vancouver
682.2
Washington
927.7
Boston
1,340.6
Los Angeles
1,349.0
San Francisco
1,611.8
New York
1,676.0

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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1 $Cdn = 0.9388 $US (rate as at 2007)
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