A Glimpse of the Cost of Living in Vancouver

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.  

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): 

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.

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.

Read more about study in Canada:

• Cheapest University in Canada
• Study in Canada without IELTS
• Why Study in Canada
• Canada Short-Term Courses
• Fully Funded Scholarships in Canada for International Students
• Best Universities in Canada for MBA
• MBA cost in canada vs cost of living