In Canada, the cost of retirement homes varies widely not only by the type of accommodation, but also by province or territory. For private rooms, costs ranged from 1,000 Canadian dollars per month in Quebec up to as high as 9,375 Canadian dollars per month in British Columbia. The range in costs are likely due to the types of services and care provided in these residences. British Columbia and Ontario had the largest range in costs.
Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation
(in Canadian dollars)
The source adds: "A retirement home is a multi-residence housing facility that provides accommodation and services such as meals and cleaning services for older people. Retirement homes are privately owned and operated and not administered by the provincial government. Each facility usually provides a private or semiprivate room or complete living suite and then also provides common living quarters, including a lounge area, a common dining room, recreation rooms, cleaning services, social and/or religious programs and some basic health care services. The unit can be paid for on a monthly fee basis, like an apartment, or can in some instances be bought the same way as a condominium."
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Suncentral. (March 1, 2024). Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation (in Canadian dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/
Suncentral. "Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation (in Canadian dollars)." Chart. March 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/
Suncentral. (2024). Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation (in Canadian dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/
Suncentral. "Monthly Cost of Retirement Homes/Residences in Canada in 2022, by Province and Type of Accommodation (in Canadian Dollars)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/
Suncentral, Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation (in Canadian dollars) Statista, https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/ (last visited December 22, 2024)
Monthly cost of retirement homes/residences in Canada in 2022, by province and type of accommodation (in Canadian dollars) [Graph], Suncentral, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1470135/monthly-cost-of-retirement-homes-in-canada-by-province/