According to statistics released by The Canadian Real Estate Association, a Canadian home on average will cost over $500,000. Many of you may be aware, Toronto and Vancouver are the most expensive cities in Canada to live in, not only because of living expenses but real estate as well.

Properties have sky rocketed high and families across Canada have a median family income that does not match the income required in order to own a house.

Which Canadian city do you live in? Can you afford an average house across the country? Here's a list of 10 major cities in Canada, that include data from Statistics CanadaWorkopolis and Verico in order for you to have the answer to these questions:

via @thankyoutoronto

1. Toronto

Average cost of home: $755,755.

Income required: $128,746

Median family income: $72,830


via @kingalfredz

2. Montreal

Average cost of home: $349,218

Income required: $78,473

Median family income: $75,010


via @cityofvancouver

3. Vancouver

Average cost of home: $1,007,687

Income required: $152,206

Median family income: $76,040


via @edmontoncommercial

4. Edmonton

Average cost of a home: $384,504

Income required: $72,812

Median family income: $101,470


via @tumaskoalu

5. Calgary

Average cost of a home: $469,325

Income required: $107,123

Median family income: $85,366


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6. Saskatoon

Average cost of a home: $346,879

Income required: $71,006

Median family income: $93,400


via @architectureandplanning_mtl

7. Ottawa

Average cost of a home: $374,431

Income required: $74,216

Median family income: $102,020


via @agedadventure

8. Halifax

Average cost of a home: $292,511

Income required: $56,929

Median family income: $60,010


via @undefined

9. St.John's

Average cost of a home: $304,115

Income required: $54,717

Median family income: $94,060


via @willowskylor

10. Winnipeg

Average cost of a home: $282,684

Income required: $58,191

Median family income: $79,850


Sources:  Verico, Workopolis, Statistics Canada 

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