Data last updated
What the numbers say about Courtenay
Consumer prices in Courtenay were up 5.7% over the year to July 2026, on Statistics Canada's consumer price index.
Across the categories Statistics Canada tracks, shelter rose fastest at +8.1%, while clothing and footwear rose least at +6.0%.
Shelter costs specifically moved +8.1%, faster than the all-items figure.
Median household income in Courtenay is $72,000, from the 2021 Census.
Homes currently listed for sale in Courtenay carry a median asking price of $689,900 — $1,030,000 for detached houses and $574,900 for condominiums. These are asking prices on active listings, not sold prices.
On our own arithmetic, carrying the median asking price would take an income of about $135,571, $63,571 above the median household income above.
Overall we score Courtenay 7% below the national average for cost of living.
Official figures come from Statistics Canada and Statistics Canada Census. Asking prices are drawn from listings active on this site, and the affordability figures are our own arithmetic over those inputs — none of them are published by a real estate board.
The index figures in the cards above each carry their own base year and are not comparable to one another. Only the year-over-year changes described here compare like with like.
Rental Costs
Rental data for Courtenay is not yet available. Check back soon as we expand our coverage.
Data Sources & Methodology
Consumer Price Index (CPI)
CPI data from Statistics Canada Table 18-10-0004-01, monthly frequency. Provincial average used for Courtenay (city-level CPI not available).
Rental Costs
Average rents from Statistics Canada Table 34-10-0133-01 (CMHC Primary Rental Market Survey), annual frequency, covering Census Metropolitan Areas with 10,000+ population.
Housing Prices
Median and average home prices calculated from active MLS listings in our database. Property type breakdowns (detached, condo, townhouse) based on current inventory. Updated with each data refresh.
Income
Median household income from Statistics Canada Table 11-10-0239-01. Census data, most recently available year.
Computed Metrics
- Affordability Ratio: Median home price divided by median household income
- Salary Needed: Household income required for 30% housing cost ratio (80% LTV mortgage at 5.5%, 25-year amortization)
- Rent-to-Income: Annual 2BR rent as percentage of median household income
- Price-to-Rent: Median home price divided by annual 2BR rent
- Cost Index: City CPI all-items relative to national average (100 = national average)
Data last refreshed: August 18, 2026. This page is updated monthly with the latest available government data. Housing prices reflect current market inventory. All data is provided for informational purposes only and should not be considered financial advice.