INFOGRAPHIC: Comparing gas prices to cost of basic grocery items
Posted December 9, 2014 2:16 pm.
This article is more than 5 years old.
The price of gas appears to be dropping to where it was in late 2010.
In October 2010, the average price of gas in Toronto was 106.2 cents a litre, while by the end of October 2014, it was 123.8 cents a litre.
On Tuesday, En-Pro says the price is expected to drop by up to three cents at midnight, possibly to 103.9 cents a litre at most gas stations in the Greater Toronto Area.
Below is an infographic comparing the price of gas to the cost of basic items at the grocery store in October 2010 and October 2014. Click here for a mobile-friendly version.
It is interesting to note that the current price of gas per litre is lower than some of the basic grocery items sold at a supermarket, such as skimmed milk and bread, but still costs more than a can of soup and a jar of baby food.
The data was collected and released by Statistics Canada, as part of its monthly Consumer Price Index, which captures the average retail prices for food, gas and other items.
Click here for a price list of average grocery items in Canada from October 2010 to October 2014.
Click here to see the cost of regular unleaded gas across Canada from October 2010 to October 2014.
