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Can you afford a home in these cities?

St. John'sHalifaxMontrealTorontoWinnipegSaskatoonCalgaryVancouver
Most recent average price ($)337,822290,587335,937585,204287,026338,195465,579814,418
5% downpayment ($)16,89214,53016,79729,26114,35216,91023,27940,721
Monthly mortgage payment ($)*1,5651,3461,5562,7111,3301,5672,1573,773
Monthly property tax and heating costs ($)**453453453453453453453453
Total monthly housing costs ($) 2,0181,7992,0093,1641,7832,0202,6104,226
Minimum annual gross household income needed ($)***75,67567,42575,338118,65066,86375,75097,875158,475
Estimated median family income from employment ($)****82,22273,97765,29669,93472,08882,50991,82666,527

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