Here is a list of 10 cars and SUVs that are well-suited for a middle-class family in Canada, based on factors such as reliability, safety, affordability, and space, along with the manufacturer’s suggested retail price (MSRP) in Canadian dollars:
- Honda Civic – MSRP starting from $20,690. A reliable, fuel-efficient compact car that offers a spacious interior and a long list of standard safety features.
- Toyota Camry – MSRP starting from $26,990. A comfortable, practical mid-size car that delivers a smooth ride and a spacious interior.
- Honda CR-V – MSRP starting from $29,690. A compact SUV that offers a roomy interior, good fuel efficiency, and a reputation for reliability.
- Toyota RAV4 – MSRP starting from $28,790. A compact SUV that offers a spacious interior, a smooth ride, and a good reputation for reliability.
- Kia Soul – MSRP starting from $19,995. A quirky, stylish compact car that offers a spacious interior, a long list of standard features, and a low starting price.
- Honda Odyssey – MSRP starting from $38,190. A spacious, well-equipped minivan that offers a smooth ride, a roomy interior, and a long list of standard features.
- Toyota Sienna – MSRP starting from $41,690. A well-equipped minivan that offers a smooth ride, a spacious interior, and a long list of standard features.
- Subaru Outback – MSRP starting from $31,995. A versatile wagon that offers a comfortable ride, a spacious interior, and standard all-wheel drive.
- Mazda CX-5 – MSRP starting from $28,000. A compact SUV that offers a roomy interior, a comfortable ride, and good handling.
- Nissan Rogue – MSRP starting from $26,998. A compact SUV that offers a roomy interior, a comfortable ride, and a long list of standard safety features.
This is just a general list, and the best vehicle for a middle-class family will depend on individual needs and preferences. It’s important to research different vehicles and take a test drive to find the one that is right for you. The MSRP is subject to change, so it’s also important to check with the manufacturer or a local dealership for the latest pricing information.
What Is Considered Middle Class In Canada
Defining the middle class in Canada can be subjective and depends on various factors such as location, family size, and individual circumstances. However, some commonly used definitions of middle class in Canada include:
- Income-based definition: A household earning between two-thirds and double the median household income is often considered to be middle class. According to Statistics Canada, the median household income in Canada was $78,870 in 2020.
- Occupation-based definition: A household where the primary breadwinner has a white-collar job is often considered to be middle class.
- Education-based definition: A household where the primary breadwinner has completed post-secondary education is often considered to be middle class.
Ultimately, the definition of middle class can vary, and many people have a subjective understanding of what it means to be middle class. It’s important to note that being middle class is not just about income, but also encompasses factors such as job security, standard of living, and access to opportunities.