💸 Cost of living · British Columbia

Cost of living in Vancouver 2026

Renting a two-bedroom apartment in Vancouver costs about $2,364 a month (CMHC, October 2025). That is about 32% of the median household income of $90,000.

All Vancouver dataCompare cities
2-bedroom rent$2,364CMHC, Oct 2025
1-bedroom rent$1,807
Median household income$90,0002020, before tax
Rent as share of income32%2-bedroom × 12 ÷ median income
Regular gas209.5¢/LVancouver
Inflation+3.0%Vancouver
Owners' monthly costs$1,620median, 2021
Median home value$1,050,0002021 Census

Rent by apartment size

Bachelor$1,667
1 bedroom$1,807
2 bedrooms$2,364
3+ bedrooms$2,820

Grocery prices in British Columbia

Eggs, 1 dozen$5.71
Milk, 4 litres$6.23
White bread, 675 grams$4.04
Ground beef, per kilogram$18.53
Chicken breasts, per kilogram$16.65
Bananas, per kilogram$1.84
Roasted or ground coffee, 340 grams$9.53
Butter, 454 grams$5.84

All grocery prices in British Columbia →

Sources: CMHC Rental Market Survey; Statistics Canada, Table 98-10-0061-01; Statistics Canada, Table 18-10-0245-01; Statistics Canada, Table 18-10-0001-01; Statistics Canada, Table 18-10-0004-01

FAQ

Questions

What is the cost of living in Vancouver?

In Vancouver, the average two-bedroom rent is $2,364 a month and a one-bedroom is $1,807 (CMHC, October 2025). The median household income is $90,000 (2021 Census). Regular gas costs about 209.5¢ a litre.

How much do you need to live in Vancouver?

A common rule of thumb is to spend no more than 30% of income on housing. At $2,364 a month for a two-bedroom, that means a household income of about $94,560 a year.