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Average family income, Canada:
1975: 50k
2015: 70k
Average house price, Toronto:
1975: 60k
2015: ~700k
Average tuition costs, Canada:
1975: $550
2015: $6200
Remember these numbers next time you tell someone younger than you that it just comes down to hard work.
1975: 50k
2015: 70k
Average house price, Toronto:
1975: 60k
2015: ~700k
Average tuition costs, Canada:
1975: $550
2015: $6200
Remember these numbers next time you tell someone younger than you that it just comes down to hard work.
To clarify the income part, both are stated in 1995 dollars. The reality is, income has risen at a fraction of the rate of costs like housing and tuition. 
For more sobering reads on income growth, I give you Stats Canada: www12.statcan.gc.ca/census-recense…
