Cost of Living in Vancouver

Someone commented below the Chinese have high standards of work. I lived in China and this is 100% false. They have significantly lower quality of work, it’s second world for a reason. They might work slightly more time (fewer days off because holidays are expected to be made up) but the productivity is almost zero that’s part of the culture. It’s normal to sleep at work in China. Most employees just message each other all day long there is no actual work being done by anyone except the laborers (peasant class)

Regarding mortgage rates: 20-year fixed mortgage rates don't exist here. The numbers listed above are going to be way off accordingly. There is currently only one option for a 25-yr fixed at 8.75% (RBC). 10-year fixed is around 4%-4.5% as of Apr 2022.

In Kitsilano, Vancouver we pay ~100 CAD /mo for BC hydro (electricity), another ~100 CAD /mo for heating, then you have to add on the municipal taxes for garbage collection etc which takes us up to ~300 CAD /mo for all "basic" utilities. Another ~100 CAD for internet.

Vancouver is expensive!

Another thing to note: draft "pints" are rarely pint-sized in Vancouver. They're usually 16oz or even 14oz instead of 20oz.

I think that car insurance rates need to be added. Possibly under transportation. Decently higher in BC, particularly the greater vancouver area, than other places in Canada.

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Can somebody assist me ?

Is a gross salary 10000 usd/month enough for an expatriated family of four (2 adults + 2 children less than 10 years old)?

A first calculation of cost of living, gives monthly expenses between 5200 usd (out of city center) - 5900 usd (into city center)for 3 bedroom apartment and a low profile life style.

Your opinion, please !

3rd generation resident of Metro Vancouver here (my grandfather was born on the west coast in 1909). 30 years ago Vancouver was fabulous. Decently affordable, civilized and spectacular. Now there are too many tourists and Asian immigrants. Property prices are insane within 50km of downtown. If you take public transit from Richmond, you might as well be in Shanghai. Surrey is a province of Punjab. Drug use is rampant. Now I feel like a stranger in my own city. How did we let that happen?

$98 for one month transit pass is misleading. In truth, it depends. It's complicated like our income tax system! GVRD (greater Vancouver Regional District) is not like taking the subway/buses in some other countries where it is simple and good value.

The real price could be more, and usually is. In some cases though it could be less. For example, if you are 65+ or under 18 a monthly pass is $56. If you are disabled or on 'welfare' it is $45 *per year*.

CAD98 for an adult is only for *one zone* (unless you take the bus instead of the city train, in which case there are no zones - you can travel anywhere within the metro Vancouver area). Also, if you take the express train 'West Coast express' running to the suburbs there is a surcharge. The monthly pass price is $131 for 2-zones and $177 for 3-zones. It is normal to travel between two zones for a trip over 20 minutes. What most persons do is buy the number of zones they usually travel and pay extra per trip for each additional zone in excess.

Also, if you travel for more than 90 minutes without buying a new ticket you can be fined several hundred Canadian dollars by Transit Police.

This is one of the challenges for the easy to compare prices of Numbeo. It is over-simplified for well, simplicity,

Awfully expensive city. People renting tents for 1000 a month. Check the site renters of Vancouver for all the horror stories. This is what happens when greed is allowed to take over.

I would say you need a minimum gross income of $100,000 to live here. I depends... for a single person it would be more than enough, but won’t be enough for a family of four. Prices and taxes are very high here. $100k cad in Vancouver is about equivalent buying power of $50k usd in America in realistic terms, I travel to Washington every week so I know. Although I’ve noticed American prices have been going up a lot in the last couple of years as well... So making $100k in Vancouver will mean a low middle class lifestyle. But good luck trying to find a job that pays even $80k. It’s an impossible city for the 99%.

The monthly pass just went up from $95/mo to $98/mo