Cost of Living in Vancouver
Median income in Vancouver is CA$55,000/year (CA$4,583/month). Here is how to budget every dollar.
Average Rent in Vancouver
CA$1,900
Studio
CA$2,500
1 Bedroom
CA$3,200
2 Bedrooms
Monthly Budget Breakdown: CA$4,583/month
How to allocate the median Vancouver income of CA$55,000/year after taxes.
Housing
CA$2,200
Food & Groceries
CA$450
Transportation
CA$110
Utilities
CA$130
Healthcare
CA$0
Entertainment
CA$250
Personal & Other
CA$230
Savings
CA$1,213
Total
CA$4,583
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Affordable Neighborhoods in Vancouver
Burnaby and New Westminster offer lower rents with good SkyTrain connections
Surrey has the most affordable housing in Metro Vancouver with expanding transit
East Vancouver (Commercial Drive, Hastings-Sunrise) is cheaper than Kitsilano or West End
Money-Saving Tips for Vancouver
BC MSP (Medical Services Plan) covers most medical care with no monthly premiums
Compass Card monthly pass covers all TransLink zones ($110–$170)
Shop at Save-On-Foods, T&T Supermarket, or Granville Island Market for deals
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