Data Sources & Methodology
Consumer Price Index (CPI)
CPI data from Statistics Canada Table 18-10-0004-01, monthly frequency. Provincial average used for Hamilton (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.
Fixed Costs
Transit fares, property tax rates, utility costs, and childcare rates sourced from:
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: March 3, 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.