What Is Market Basket Measure (MBM)?

The Market Basket Measure (MBM) of low income develops thresholds of poverty based upon the cost of a basket of food, clothing, shelter, transportation, and other items for individuals and families representing a modest, basic standard of living. A family with disposable income less than the poverty threshold appropriate for their family’s size and region would be living in poverty. Thunder Bay’s MBM is $44,340 for a family with two adults and two children. 6