Quote:
Originally Posted by _Q_
I do understand that sentiment, but I also feel like that's now an outdated idea that's no longer in line with reality.
When a decent home in Calgary is now worth at least $500k, a new vehicle is at least $40k, child care costs around $1200 per child, internet and phone plans are astronomically high. It becomes close to impossible to purchase just the basics on minimum wage. Heck, a two income household making average income can't afford the average cost of things.
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What things though? Average family income in Calgary is roughly (most recent I could find is 2016) $140,XXX. Median (in 2018) was $102,XXX. That seems more than enough to buy average things?