According to a survey carried out in Canada in November 2021, some 65.4 percent of respondents felt that food prices were increasing much faster than their household income. Comparatively, only seven percent of respondents thought that food costs were rising at the same rate as their income.
How do you think prices are increasing compared to your household income?
Characteristic
Share of respondents
Food prices are increasing much faster than my income
65.4%
Food prices are a little faster than my income
24.4%
They're increasing at the same rate
7%
Food prices are a little slower than my income
1%
Food prices are increasing much slower than my income
The question was originally stated as "How do you think prices are increasing compared to your household income?"
Percentages do not add up to 100 due to rounding.
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Dalhousie University. (December 16, 2021). How do you think prices are increasing compared to your household income? [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/
Dalhousie University. "How do you think prices are increasing compared to your household income?." Chart. December 16, 2021. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/
Dalhousie University. (2021). How do you think prices are increasing compared to your household income?. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/
Dalhousie University. "How Do You Think Prices Are Increasing Compared to Your Household Income?." Statista, Statista Inc., 16 Dec 2021, https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/
Dalhousie University, How do you think prices are increasing compared to your household income? Statista, https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/ (last visited October 15, 2024)
How do you think prices are increasing compared to your household income? [Graph], Dalhousie University, December 16, 2021. [Online]. Available: https://www.statista.com/statistics/1296819/canada-food-prices-increase-perception-compared-to-household-income/