NWT Market Basket Measure
Author: NWT Bureau of Statistics
Topic: Research and evaluation
Publisher: NWT Bureau of Statistics
Location: Canada, Northwest Territories
Format: Statistics
Content Type: Research
Publication Date: April 8, 2021

The Market Basket Measure (MBM) is a national measure of low income based on the cost of a fixed basket of goods that represents a modest, basic standard of living.  It includes the cost of food, clothing and footwear, transportation, shelter, and other expenses for a reference family of two adults (aged 25 to 49) and two children (aged 9 and 13).

The Northwest Territories Market Basket Measure (NWT-MBM) adjusts the clothing portion of the national basket to better represent life in the North.  This has been used to calculate the NWT-MBM for regional centres across the NWT.

Get It

You need to login or register to bookmark/favorite this content.

Related Tags