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You have to compare it to avg incomes. They make less in Vancouver than Chicago, so it takes up a much higher percentage of their income.
by jacquesc 8y ago
You have to compare it to avg incomes. They make less in Vancouver than Chicago, so it takes up a much higher percentage of their income.
- xyzzyz 8y agoI just did that, and it’s not true. Average rent is higher percentage of average wage in Chicago.
- tptacek 8y agoAlso, I said Toronto.
- deleted 8y ago[deleted]
- tfehring 8y agoI assume you mean Toronto, not Vancouver, based on the parent comment. Median household income in Toronto is $65,829 CAD as of 2015 [0], which is about $52,500 USD adjusted for purchasing power parity [1]. Chicago's median income from 2012 to 2016 was $50,434 [2]. I didn't take the time to find numbers that are perfectly apples-to-apples, but it definitely doesn't seem like Toronto's median income is materially lower than Chicago's. [0] https://www.toronto.ca/wp-content/uploads/2017/10/8f41-2016-Census-Backgrounder-Income.pdf https://www.toronto.ca/wp-content/uploads/2017/10/8f41-2016-... [1] https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm https://data.oecd.org/conversion/purchasing-power-parities-p... [2] https://www.census.gov/quickfacts/fact/table/chicagocityillinois/LND110210 https://www.census.gov/quickfacts/fact/table/chicagocityilli...