|
Rental Housing Costs
|
Rental
Housing Costs (Nov 2002-Jan 2003)* |
Monthly
Rent** |
Household
Income Required*** |
|
|
|
|
Hourly |
Monthly |
|
1 Bedroom |
$830.00 |
$14.05 |
$2,595 |
|
2 Bedroom |
$1,070.00 |
$19.00 |
$3,345 |
|
3 Bedroom |
$1,250.00 |
$22.54 |
$3,906 |
|
Bachelor/Studio |
$590.00 |
$10.47 |
$1,845 |
|
Roomate/Shared |
$450.00 |
$8.11 |
$1,406 |
* Bow Valley Labour Market Review
2006
** based on advertised accommodation in the local newspapers
*** Affordability threshold is 32% of gross income
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