Stats: cost of living rise modest, despite increased energy costs

Even with large jumps in the price of energy, Yellowknife’s overall Consumer Price Index increase of 1.8 per cent was slightly less than the Canadian average, according to data released Friday by Statistics Canada. The energy category increased by 5.3 per cent (see graph below) with larger spikes in electricity (7.9 per cent) and fuel and other oils (7.4 per cent) being offset by a modest .8 per cent increase in gasoline.

The CPI measures the cost of living in a particular place by tracking the price, over time, of a range of goods and services including everything from food to transportation. The most recent data includes September 2013 through September 2014. By comparison, the index rose by 2 per cent across Canada, 2.2 per cent in Edmonton and .7 per cent in Whitehorse.

 

Advertisement
Advertisement

Uncategorized

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.

Subscribe To Jobs North Alerts

You are subscribing to jobs matching your current search criteria.

Email Notifications

Email notifications will be sent to you Subscribe