Cost Of Living

By. Jessie

According to "Stats Canada" this is the average amount spent by each family(of 2) in a year for the following things. (841 families were under observation) The first graph is the amount my family spends on the following per year (I have a family of 5). The second is the stats according to Stats Canada.

The difference between my graph, and The Stat's Canada graph is that the Stats Canada graph is an average of how much the families in Winnipeg spend on each thing.   My graph however, is only recording the amount spent on each thing by my family only!  The amount my family spends differs in many ways from the Stats Canada graph...eg. the average Winnipeg household spends 4% on Tabacco and Alchohol per year, while my family spends 0%!   Also the average Winnipeg household spends 28% on shelter, my family 31%, and on Personal Care, my family spends 1% and according to Stats Canada, 2% is spent on Personal Care.

Cost Of Living is.... the average amount of money needed to satisfy the basic needs like, housing, food and clothing.