Mobilio Towns

Vaughan, a thriving city, has experienced significant population growth, with its current population reaching 321,974. This growth underscores the city's appeal, marked by a diverse demographic makeup and dynamic urban environment. The population density, standing at 1,202 per square kilometre, reflects the increasing demand for urban living in Vaughan. With a median age of 3% lower than the Ontario average, the city attracts residents of various age groups. Notably, Vaughan's vibrant multicultural community, with significant South Asian, Chinese, and West Asian populations, contributes to the city's cultural richness. Overall, Vaughan's population growth is a testament to its evolving urban landscape.

Within Vaughan's dynamic community, rich diversity unfolds. The landscape showcases a population composition comprising 12.32% South Asian, 8.31% Chinese, and 3.74% West Asian residents. This multicultural vibrancy is further enriched by a significant immigrant presence, with 7.7% originating from Italy, 3.2% from India, and 2.9% from China. These demographic nuances contribute to Vaughan's cosmopolitan character, fostering an inclusive and culturally vibrant environment within the community.

In Vaughan, the cost of living is at 115, reflecting a 3% increase compared to the Ontario average and a more substantial 15% rise above the national average. Notably, housing costs in Vaughan are notably higher, standing at 28% above the national average. This index of 115 for the overall cost of living suggests that residents experience a marginally higher expense compared to the broader Ontario region. While goods and services contribute to an 8% increase over the national average, housing costs significantly contribute to Vaughan's slightly elevated cost of living. These factors collectively shape the economic landscape, emphasising the importance of financial planning for residents in this dynamic city.