The bar chart illustrates the monthly income from salary and price of renting apartment per person in Toronto between 1980 to 2010.
Overall, is clear that in first two decades(1980, 1990), accommadation costs were higher, rather than average earnings, while in other years perconal earnings increased, especially in the end of the period.
In 1980, price of monthly money earned made up 3000$, but residental rental costs were higher, by around 500$(3500$), followed by the next decade, the both income and expenses of renting an apartment showed a substantial growth to about 3500$ and 4500$ respectively.
In 2000, switching places, housing costs experienced a sharp drop to under 3000$, whereas average wages remain stable, keeping its previous indicator, before recorded a rise to 5000$, reaching its peak in 2010. In contrast, the financial burden of renting decreased to approximately 2500$ by the end of the period.
