Research Reports and Evaluations - Page 36

Housing Affordability The median weekly housing cost for the 2014 survey respondents was $225-$299. This is higher compared to the results from the 2010 survey where the median weekly housing cost was $150-$224. A significantly fewer number of clients were paying under $150 per week for housing (20.4%) compared to 2010 (34%). In contrast, 41.5% of 2014 clients were spending more than $300 per week on housing compared to only 19% who reported similar amounts in the 2010 survey. This increasing trend in housing costs has continued since prior to 2010. Table 25: Weekly Housing Cost Proportion of Survey Respondents (%) Weekly Housing Cost No. 2014 2010 <$75 7 2.90% 11% $75-$149 42 17.50% 23% $150-$224 54 22.50% 25% $225-$299 37 15.40% 23% $300-$374 71 29.50% 13% $374+ 29 12% 6% Total 240 100.00% 100% Figure 9: Weekly Housing Cost 2010 to 2014 35% 2014 30% 2010 25% 20% 15% 10% 5% 0% <$75 $75-$149 $150-$224 $225-$299 $300-$374 $374+ It is interesting to note that for almost a quarter of the survey respondents (22%), housing costs constituted 75% of more of their weekly family income. This is a considerable increase compared to the results from the 2010 survey where it equated to 13.3%. A 37