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Housing and jobs

Housing costs, rents, incomes and jobs in Bonfield, with comparisons and sources.

Affordability

41 · Average
Average monthly rent$920/month

ON: $1,408/month · Canada: $1,209/month · 2006: $938/month · 2016: $886/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$827/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,078/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,404/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,491/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$340,000

ON: $700,000 · Canada: $472,000 · 2016: $227,064 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.1%

ON: 24.2% · Canada: 20.9% · 2006: 23.3% · 2016: 24.8% · Statistics Canada, 2021

Economy

68 · Good
Median household income$77,000

ON: $91,000 · Canada: $84,000 · 2006: $66,357 · 2016: $72,812 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.8%

ON: 5.8% · Canada: 5.2% · 2016: -2% · Statistics Canada, 2021

Unemployment rate7.3%

ON: 12.2% · Canada: 10.3% · 2006: 3.8% · 2016: 7.6% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.