cover image: Thriving in the City: Single, Working-Age Adults  - What does it cost to live a healthy life?

Thriving in the City: Single, Working-Age Adults - What does it cost to live a healthy life?

14 Feb 2024

For thousands of years, it has been the traditional land of the Huron-Wendat, the Seneca and the Mississaugas of the Credit. [...] The following Results section provides the rationale and methodology for the selection of each component within the Thriving in the City framework for single, working adults (aged 25-40). [...] The estimate for bi-monthly taxi costs was based on 5 km trips using the TaxiFareFinder.26 The Honda Civic has been ranked the best compact car in 202327 and the best overall car in 2022.28 The cost of car payments was estimated using the AutoTrader.ca29 payment calculator. [...] Due to the impact of the COVID-19 pandemic, there may be a reduction in the frequency of social activities in comparison to previous reports.35 The frequency and cost estimates for casual dining and social outings can be reallocated to other occasions throughout the year based on preferred spending. [...] The Thriving in the City for Families report highlighted the significance of individuals being able to visit their families outside of Canada.6 International travel destinations were selected based on the top three countries of origin for immigrants in the GTA: India, China and the Philippines.36 Like in previous reports, the cost of an annual international flight was estimated by dividing the tot.
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26
Published in
Canada