I mashed up the chart above from Statista.com to show the average monthly salary in Denmark in 2019 by educational level and converted into CAD on today's FX rate via xe.com (1 DKK = 0.21 CAD). In July 2019 it was +/-1 DKK = 0.2 CAD. Close enough.
The chart below from StatCan shows the average monthly earnings or employment income, all ages and highest certificate, diploma or degree in 2016 in Canada.
But Commute Times are Greater
Affordability is the ability for any urban household to be able to rent a dwelling for less than a 25% of its monthly income, or to buy one for less than about three time its yearly income.
The mobility and affordability objectives are tightly related. A residential location that only allows access to only a small segment of the job market in less than an hour commuting time has not much value to households, even if it is theoretically affordable.
"As a city develops, nothing is more important than maintaining mobility and housing affordability." Alain Bertaud
"Family matters have pressed upon my time and after more than 16 years of publication, I have transferred ownership of this website and database. Thanks to all my readers who have encouraged me over the years."
July 31, 2021
History, Charts & Curated Readings
"History, real solemn history, I cannot be interested in.... I read it a little as a duty; but it tells me nothing that does not either vex or weary me. The quarrels of popes and kings, with wars and pestilences in every page; the men all so good for nothing, and hardly any women at all - it is very tiresome." Jane Austen spoken by Catherine Morland in 'Northanger Abbey'
"Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve and no direction is set for possible improvement; and when experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it." George Santayana Vol. I, Reason in Common Sense