Cost of Living in Vancouver
Canada • Population: 631,486
Key Living Costs
Monthly Budget Estimates
Cost of Living Overview: Vancouver
Vancouver, Canada is 24% more affordable than New York City, making it a moderately affordable destination for expats and digital nomads in 2026. With a single person's monthly budget averaging around CA$2,990 (including rent outside city center), understanding the true cost of living in Vancouver is essential for anyone planning to relocate or spend extended time in this North America city.
Key Cost Highlights
A one-bedroom apartment in Vancouver's city center costs around CA$2,750 per month, while living outside the center saves you approximately 20% at CA$2,200.
Dining out in Vancouver ranges from CA$25 for an inexpensive meal to CA$110 for a mid-range three-course dinner for two. Daily coffee runs will set you back CA$6 per cappuccino.
Public transit is a significant expense at CA$137 per month for unlimited travel. A single trip costs CA$3.
Basic utilities for an 85m² apartment (electricity, heating, cooling, water, garbage) average CA$135 monthly. Internet (60 Mbps+) adds another CA$85.
Purchasing power in Vancouver is moderate compared to global averages, meaning your money stretches reasonably well.
Cost Breakdown
🏠 Housing (Monthly)
- 1BR City Center$2750
- 1BR Outside Center$2200
- 3BR City Center$4800
🍽️ Food & Dining
- Meal at Restaurant$25
- Mid-range Restaurant (2 people)$110
- Cappuccino$5.75
🚌 Transportation
- Public Transport (Monthly)$137
- Taxi Start$4.1
- Gasoline (1L)$1.6
Living in Vancouver
Living in Vancouver offers a very affordable lifestyle compared to other major world cities. A single professional can expect to spend CA$2,990 per month for a comfortable life, while families should budget approximately CA$6,464 monthly. Housing remains the biggest expense at 74% of a single person's budget. The Canada North American lifestyle in Vancouver combines affordable dining with reliable transportation.
Who Should Move to Vancouver?
Vancouver is ideal for freelancers looking for affordable quality of life, young professionals starting their careers, and those seeking international experience. The city's low costs make it perfect for those looking to stretch their savings. With Canada's business opportunities and infrastructure, Vancouver attracts people from all walks of life.
Money-Saving Tips for Vancouver
Money-saving tips for Vancouver: Cook at home to significantly reduce food costs. Shop at local markets for fresh produce at better prices than supermarkets. Additionally, consider using local banking services to avoid international transaction fees, and research any tax treaties between your home country and Canada for potential savings on income earned abroad.
Frequently Asked Questions
How much does it cost to live in Vancouver per month?
A single person can live comfortably in Vancouver for approximately CA$2,990 per month, including rent outside the city center. This covers housing (CA$2,200), food, transportation, and utilities. Living in the city center increases costs to around CA$3,540 monthly.
What is the average rent in Vancouver?
In Vancouver, a one-bedroom apartment in the city center averages CA$2,750 per month, while the same outside the center costs CA$2,200. For a three-bedroom apartment, expect CA$4,800 in the center or CA$3,700 outside.
Is Vancouver expensive?
Vancouver is relatively affordable, with a cost of living index of 76 (New York City = 100). Your money goes further here compared to major US and European cities.
Is Vancouver a good city for expats?
Vancouver offers good purchasing power and affordable living costs for expats. The North America lifestyle, combined with reliable connectivity and transportation options, makes it an excellent choice for international residents.
How does Vancouver compare to New York City?
Vancouver is 24% cheaper than New York City. Rent is 25% lower, and groceries are 25% more affordable. Overall, significant savings are possible.
In 2026, Vancouver remains a highly affordable destination in North America. Whether you're a digital nomad, expat, or simply exploring relocation options, understanding these costs helps you plan effectively. Compare Vancouver with other cities to find your ideal match, or use our salary calculator to determine what you'd need to earn here.
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