Cost of living
Cost of living in Vancouver
Average rent and household spending in Vancouver — and a quick check of whether your rent is reasonable for your income.
Average rent in Vancouver
CMHC, apartment structures of three units and over.
| Bachelor | $1,667/mo |
|---|---|
| 1 bedroom | $1,807/mo |
| 2 bedroom | $2,364/mo |
| 3 bedroom | $2,820/mo |
Is your rent reasonable?
Check your rent in Vancouver
That's about average for Vancouver ($2,364).
City comparison
How Vancouver compares
A one-bedroom in Vancouver averages $1,807 a month, the 1st most expensive of the 18 cities we track and $400 above the 18-city average of $1,407.
Keeping rent under the 30% guideline takes a gross income of about $72,280 a year for a one-bedroom here, and about $94,560 for a two-bedroom.
The median individual income in Vancouver is $45,230, so an average one-bedroom takes 48% of a median earner's gross income: house-poor.
Household spending in British Columbia
Average household, per year (Survey of Household Spending).
Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.
What's next