Social Well-Being Tracker
Our social well-being indicators are based on social determinants of health. These indicators are the economic and social conditions that shape the health of individuals and communities. Social determinants of health also determine the extent to which a person possesses the physical, social, and personal resources to identify and achieve personal aspirations, satisfy needs, and cope with the environment. Social determinants of health are about the quantity and quality of a variety of resources that society makes available to its members. Important considerations include both the quality and their distribution amongst the population. 1
BCCost of Living
BC1Consumer Price IndexEdmonton CMA
Cost of Living – The cost of goods and services needed to maintain a household plays a significant role in determining a family’s quality of life. These costs include food, housing, clothing, education, health care, and child care. If a family cannot afford these items, the physical and mental health, social well-being, and financial security of the family may deteriorate.
Increases in these costs can impact a family’s ability to support a modest standard of living. If costs rise faster than household income, low- and modest-income families are at greater risk of poverty. Those already living in poverty fall even further behind.
- Cost of living in Edmonton has increased significantly.
- The cost of living has increased considerably in the past 20 years.
- The Consumer Price Index (CPI) in 2020 was 7. This means that living costs in Edmonton in 2020 were 33.2% higher that they were 15 years ago in 2005, when the CPI was 108.6.
- From 2000 to 2010, the CPI went up by 2%. From 2010 to 2020, it rose by another 17.7%. This implies that inflation in the most recent 10-year period has slowed down relative to what it was in the previous 10-year period.