Across Thunder Bay, there is a vast difference in annual income for the city’s residents.
From millionaires and well-off households to those just holding on and of course to the city’s unhoused and at-risk populations.
Lakehead Social Planning Council (LSPC) released the calculations on what a living wage would be for residents in Ontario’s largest city in the northwest, and it saw an increase of 19 per cent in one year.
The LSPC says in order to afford basic things, for a family of two working adults with two children, like heat/hydro/gas, shelter and internet/cell, clothing, transportation & childcare, the adults would need to make at least $19.70/hr on a 40 hour workweek each.
On an annual income, a two-adult/two-child home would need to have a net income of $40,976 a year/per adult or $81,952 a year/per household
The living wage has jumped more than three bucks from 2021 numbers. Only a year ago Thunder Bay’s living wage was calculated to be at 16.30/hr.
The province’s highest living wage is in Toronto coming in at $23.15/hr, and the lowest is in the London region at $18.05/hr.
More on Ontario’s Living Wage can be found here.
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