Survey of Household Spending (SHS), average household spending by household type.

Survey of Household Spending (SHS), average household spending, Canada, regions and provinces.

This statistic shows the average annual household expenditure in British Columbia, Canada in 2021. Households in British Columbia spent an average of 11.341 Canadian dollars on food in 2021.

Survey of Household Spending (SHS), average household spending on detailed food categories.

The average price for a house in Quebec stood at approximately ******* Canadian dollars in 2024 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach ******* Canadian dollars. Meanwhile, the national average house price was forecast to pick up in 2025. Compared to other provinces, Quebec was the third-most expensive province to buy housing in Canada, after British Columbia and Ontario. Quebec Located on the eastern side of Canada, Quebec had an estimated population of almost **** million people in 2023. It is the second most populated province in Canada, and the second-largest by land size, as it is ***** times the size of Texas. The largest city in Quebec is Montreal, which is close to the Vermont border in the United States. The median total family income in Quebec has been steadily rising since 2000. Housing Prices in Canada Housing prices in Canada vary province to province. The most expensive average house price was in British Columbia in 2024. Vancouver, the most populated city in British Columbia, is known for its high-priced real estate market. However, housing prices all over Canada have increased in the past couple of years.

In 2016, the insurance value for homeowners insurance for homes worth between *** and * million Canadian dollars in British Columbia totaled *** Canadian dollars.

Homeowners Insurance in Canada

Home insurance allows for homeowners to be protected in cases of theft, damage, or loss, inside or outside the house. Homeowners insurance in Canada covers damage or theft to the home, flood damage, personal possessions, personal property stolen from their car, and damage or injury to those to visitors. Furthermore, it also covers those who cause accidental damage to someone else’s property. Additionally, it helps cover additionally living expenses if one cannot live in their home temporarily. Although homeowners insurance is not mandatory in Canada, it provides a great safety net for those who choose to buy it.

Prices across Canada

As the second largest country in the world based on landmass, cost of homeowners insurance vary region to region. In 2016, for houses worth *** and * million Canadian dollars, Quebec had the highest monthly average cost. Following Quebec was Atlantic/Ontario, then the Western region. Despite Quebec having the highest cost by region, they also had the highest home insurance customer satisfaction in Canada in 2018.