Minimum wage workers in Edmonton need 108 hours just to cover rent
A new report shows Edmonton minimum wage earners must work more than 62% of a standard monthly workweek just to pay for average one-bedroom rent, with no money left for food or utilities.
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Minimum wage workers in Edmonton are spending more than 62 percent of their monthly working hours just to cover rent, according to a new analysis by Zoocasa.
Using Alberta's $15 hourly minimum wage and rental data from Rentals.ca, Zoocasa calculated that a full-time minimum wage earner would need to work about 108 hours each month to cover the average one-bedroom rent of $1,610. The analysis used standard full-time hours of 160 to 173 hours per month, based on workweeks of 37.5 to 40 hours.
That leaves the remaining income to cover groceries, utilities, transportation, and every other cost of living — with nothing left over. For context, only eight of the 60 Canadian cities studied could cover rent on fewer than 100 hours of minimum wage work. In 29 cities, workers needed at least 120 hours.
Alberta's affordability crunch is most severe in Airdrie, north of Calgary, where a minimum wage earner would need 136 hours to cover average rent of $2,027. That's more than Calgary, where 126 hours are needed for $1,886 average rent. Medicine Hat and Lloydminster fared better — 92 and 88 hours respectively.
At $15 per hour, Alberta now has the lowest minimum wage among the provinces studied. Workers in Saskatchewan, Manitoba, and every other province earn more per hour.
Nationally, North Vancouver required the most work. Despite B.C.'s higher minimum wage, a worker there would need 164 hours — about 95 percent of a standard working month — to cover average rent of $2,983. Workers had the easiest time in St. John's, Newfoundland and Labrador, where at $16 per hour they still needed 74 hours to cover $1,172 average rent.
Why hasn't Alberta raised its minimum wage since October 2018, and what is the political barrier?
What is the rental vacancy rate in Edmonton, and how much could it improve affordability?
How many Edmonton renters spend more than the standard 30% of income on housing?
We'll update this story as answers emerge.
The facts
How many hours must an Edmonton minimum wage worker spend on rent each month?
An Edmonton minimum wage worker needs 108 hours per month to cover average one-bedroom rent of $1,610.
What is Alberta's minimum wage?
Alberta's minimum wage is $15 per hour, the lowest among the provinces studied.
Which Canadian city requires the most work hours to cover rent?
North Vancouver requires the most work hours at 164 hours per month to cover average rent of $2,983.
How many hours does a minimum wage worker in Airdrie need to cover rent?
A minimum wage worker in Airdrie needs 136 hours per month to cover average rent of $2,027.