Canada · Data to August 2026

Cost of living in Canada

In the 12 months to August 2026, consumer prices in Canada changed +3.0%, groceries +2.8% and shelter +1.5%. The average hourly wage changed +2.0%.

Ten-year view

Prices and wages since 2016, Canada

Index, August 2016 = 100

Since August 2016, the average hourly wage in Canada has risen 41.7% and grocery prices 40.6%. Wages have kept ahead of grocery prices over the decade.

Consumer prices and the average hourly wage in Canada, indexed to August 2016 = 100
  • Average hourly wage141.7
  • Groceries140.6
  • Shelter140.2
  • All consumer prices131.9
Show the data as a table
Consumer Price Index components and the average hourly wage in Canada, indexed to August 2016 = 100, same month each year
MonthAverage hourly wageGroceriesShelterAll consumer prices
August 2016100.0100.0100.0100.0
August 2017102.0100.3101.3101.4
August 2018104.2100.6103.7104.3
August 2019107.6104.5106.2106.3
August 2020114.4106.2107.8106.4
August 2021116.6108.9113.0110.8
August 2022122.2120.7120.5118.6
August 2023128.3129.1127.8123.3
August 2024134.7132.2134.6125.7
August 2025139.0136.8138.0128.0
August 2026141.7140.6140.2131.9
Latest data: August 2026Sources

Source: Statistics Canada, Table 18-10-0004-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0004-01, Table 14-10-0063-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Jobs and pay

Jobs and real wages in Canada

August 2026

Unemployment rate
6.4%
Unemployment change, 12 months
−0.7 pts
Employment rate
60.8%
Participation rate
65.0%
Job vacancy rate (Jun 2026)
2.9%
Real wage growth
−1.0 pts

Over the 12 months to August 2026, the average hourly wage changed +2.0% and consumer prices +3.0%, so pay lost 1.0 points to prices. Rates are seasonally adjusted, for people aged 15 and over.

Latest data: August 2026Sources

Source: Statistics Canada, Table 14-10-0287-01, Table 14-10-0371-01, Table 14-10-0063-01, Table 18-10-0004-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 14-10-0287-01, Table 14-10-0371-01, Table 14-10-0063-01, Table 18-10-0004-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Wages and jobs across Canada

Food

Fastest-rising grocery groups

  • Fish and seafood+5.2%
  • Meat+4.0%
  • Other food and non-alcoholic beverages+3.6%
Latest data: August 2026Sources

Source: Statistics Canada, Table 18-10-0004-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Consumer Price Index, monthly, not seasonally adjusted, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Food prices

Gasoline

173.8¢ a litre

Regular, Canada average, August 2026: +22.7% in 12 months.

Latest data: August 2026Sources

Source: Statistics Canada, Table 18-10-0001-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Monthly average retail prices for gasoline and fuel oil, by geography, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Gas prices by city

Then vs now

Grocery basket $52.02 → $70.39

July 2017 to July 2026: +35.3%.

Latest data: July 2026Sources

Source: Statistics Canada, Table 18-10-0245-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0245-01, Table 14-10-0063-01, July 2026. This does not constitute an endorsement by Statistics Canada of this product.

Then vs now