The cost of living in the suburbs
Average house prices drop surprisingly quickly with every extra minute of driving from downtown
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Average house prices drop surprisingly quickly with every extra minute of driving from downtown
Big city living doesn’t come cheap in Canada. The average cost of a detached home in downtown Vancouver is $1.55 million, with Toronto a close second at $1.22 million. It’s no wonder so many suburbanites working in big cities opt for a long commute over central living. As we show below, average house prices in Vancouver, Toronto, Montreal and Calgary drop surprisingly quickly with every extra minute of driving from downtown.
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