Vancouver is one of the world’s most popular cities for higher education, professional opportunities, and tourism. However, the cost of living in Vancouver can seem expensive since it is quite high compared to the national Canadian average. Here is a helpful guide that you can use to chalk out your future living expenses in Vancouver and strategize in advance on minimizing them as much as possible. Read on for more information below.
Table of Contents
Average Cost of Living in Vancouver
The average living cost in Vancouver is estimated at C$4,684 per month for one individual. This calculation includes books, supplies, miscellaneous expenditures, clothing, food, and local transportation. The cost to live in Vancouver varies across multiple regions.
Cost of Living in Vancouver against Number of Family Members
Here is the cost of living in Vancouver as per the number of family members (per month):
Number of Members | Approximate Monthly Living Costs |
1 | C$3,771.31 |
2 | C$7,542.62 |
4 | C$15,085.24 |
Cost of Study in Canada: Cost of Studying in Canada for Indian Students
List of Necessary Items with Their Cost
Here are some necessary items with their estimated monthly costs. This will help you chalk out the average cost of living in Vancouver for Indian and other international students.
Item Name | Estimated Monthly Cost |
Loaf of Fresh White Bread (500g) | C$3.05 |
Milk (regular) (1 liter) | C$2.29 |
Eggs (regular) (12) | C$4.79 |
Rice (white) (1kg) | C$4.09 |
Chicken Fillets (1kg) | C$15.11 |
Oranges (1kg) | C$3.93 |
Local Cheese (1kg) | C$15.23 |
Apples (1kg) | C$4.09 |
Banana (1kg) | C$1.85 |
Lettuce (1 head) | C$3.02 |
Water (1.5 litre bottle) | C$2.58 |
Tomato (1kg) | C$4.43 |
Onion (1kg) | C$2.50 |
Potato (1kg) | C$2.86 |
Average Rent in Vancouver
The average cost of living in Vancouver is also influenced by the monthly accommodation costs. Here is a closer look for your perusal:
- Rentals- C$1,500-C$2,500 (C$18,000-3C$0,000 per year)
- Tenant Insurance- C$25-C$35 (C$300-C$420 per year)
Study Cost and University Tuition Fee
It also goes without saying that the average living expenses in Vancouver are also dependent on your study costs. Here is a guide for your benefit (taking UBC as an example):
- Bachelors- C$27,673 per year.
- Masters- C$4,237 per year.
- Doctorate- C$6,613 per year
Transportation Costs in Vancouver
Transportation expenses also contribute to the monthly cost of living in Vancouver. Here is an estimate for your benefit:
- Monthly public transportation ticket- C$127
- Taxi (8km)- C$27
- Gasoline (1 liter)- C$1.67
Cost of Utilities and Bills in Vancouver
The average costs of utilities for apartments in Vancouver range between C$50-150 per month. These include heating, cooling, garbage, water, and electricity.
Affordable Regions to live in Vancouver
Here are some of the affordable regions to live in Vancouver (housing and utilities per month):
- Metro Vancouver- C$1,575-C$2,685
- Surrey- C$1,475-C$2,085
- West Vancouver- C$1,975-C$2,685
- North Vancouver- C$1,975-C$2,685
- Coquitlam- C$1,575-C$2,185
- Richmond- C$1,575-C$2,185
Understanding the cost of living in Vancouver is crucial for any aspiring international student. It will help you work out the best possible strategy to keep your costs in check while also allocating sufficient funds for meeting living expenses.
FAQs
What is the average living cost in Vancouver?
Including rent, the average living cost is around C$3,771.31 per month for one individual.
Is Vancouver more expensive than India?
The average cost of living for one person in Vancouver is around C$3,771.31 each month, including rent. In Indian rupees, it is around INR 2,32,505 per month. In comparison, the average monthly cost of living in New Delhi stands at around INR 22,000-24,000 per month for a single individual.
What is the highest-paid job in Vancouver?
Some of the best-paying jobs in Vancouver pay approximately C$145,500 per year and upwards. Entry-level positions usually come with salaries of C$40,963 per year, with the median average being C$62,098 per year.
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