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Newfoundland and Labrador

Province or territory · Population 510,550

Housing and jobs

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

Affordability

Average monthly rent$903/month

Canada: $1,209/month · Province-wide · 2006: $739/month · 2016: $922/month (in 2021 dollars) · Statistics Canada, 2021

Median dwelling value (owner-estimated)$240,000

Canada: $472,000 · Province-wide · 2016: $241,765 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.6%

Canada: 20.9% · Province-wide · 2006: 18.8% · 2016: 17.2% · Statistics Canada, 2021

Economy

Median household income$71,500

Canada: $84,000 · Province-wide · 2006: $56,511 · 2016: $72,798 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.8%

Canada: 5.2% · Province-wide · 2016: 1% · Statistics Canada, 2021

Unemployment rate15.2%

Canada: 10.3% · Province-wide · 2006: 18.6% · 2016: 15.6% · Statistics Canada, 2021

Sources

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