Metro Vancouver's living wage climbs to $27.05 per hour, up 5.3%, mainly due to rising rents.

Metro Vancouver's living wage has increased to $27.05 per hour in 2024, a 5.3% rise from last year, driven primarily by rising rent costs. This hourly wage is required for two parents working full-time to support a family of four. Despite a decrease in baseline inflation, essential costs continue to climb, outpacing government relief measures. The Canadian Centre for Policy Alternatives BC suggests that governments review low-income transfers and credits to better support families facing financial strain.

November 20, 2024
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