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$2273
- The cost of living in British Columbia is $2273, which is 1.23 times more expensive than the average in Canada. British Columbia ranked 2nd most expensive and 6th best state to live in Canada. The average salary after taxes in British Columbia is $2935, which is enough to cover living expenses for 1.3 months.
livingcost.org/cost/canada/bc
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Mar 20, 2024 · For a single person in British Columbia, basic monthly expenses are estimated at around $1,360, excluding rent, which is considerably higher than in many other provinces. For a family of four, the monthly living expenses in BC can be as high as nearly $4,900, not including rent.
- Canada Cost of Living Overview
- Average Expenses in Canada
- Federal Income Tax Brackets Canada
- Cost of Living in Canada by Province
- 5 Tips to Save Money in Canada
- Wrap Up: Is It Expensive to Live in Canada?
Cost of Living in Canada Compared Globally
If you’re planning to move to Canada, it’s good to know the cost of living compared to the rest of the world. According to the Numbeo Cost of Living Calculator, Canada is the 25th most expensive country to live in. It is ranked above the US and the UK(26th and 27th, respectively). However, on the Canada page, Numbeo states that Canada’s cost of living is over 1% lower than the US. Having lived across the world, I can say that Canada has a lower cost of living than the UK and the US. That’s be...
Average Salary in Canada by Province
According to the Statistics Canada Canadian Income Survey 2019,these are the average salaries (after taxes) across Canada: Canada Overall= $62,900 Canada Overall (Excluding Senior Citizens) = $93,800 Newfoundland and Labrador= $56,500 Prince Edward Island = $60,300 Nova Scotia = $53,300 New Brunswick = $56,400 Quebec= $55,600 Ontario= $66,600 Manitoba = $61,300 Saskatchewan= $62,700 Alberta= $72,500 British Columbia= $65,700
Lowest Cost of Living in Canada
Looking for low living costs? Check out these towns and cities. 1. Sherbrooke, Quebec ($1,400/month) 2. Moncton, New Brunswick ($1,981.26/month) 3. Thunder Bay, Ontario ($2,186.49/month) 4. St. Catharines, Ontario ($2,271.71/month) 5. Abbotsford, British Columbia ($2,232.74) 6. London, Ontario ($2,378.16/month) 7. Kitchener, Ontario ($2,517.13/month) These costs are an amalgamation of Numbeodata and personal research for the cost to live in these cities as a single person in a 1 bedroom apart...
Housing Costs
The cost of buying a house varies massively across the country. Even city by city, this cost changes. Vancouver, one of the most popular cities for people from other countries to move to, has the highest housing market in Canada. You will need to save up millions to be able to afford a home. In Toronto, you’ll similarly need at least 1 million to afford a small home, nowadays. However, in Nova Scotia, you can buy a lovely house for under $500. If you’re considering purchasing property when yo...
Cost of Living in Canada with Rent
Canadians tend to rent houses until they’re in their 30s. The average monthly cost of a one-bedroom apartment across Canada varies significantly. I’ve lived in a number of cities, and have never found two cities with the same type of rental market. The average person in Canada will pay about 1/3 of their salary in rent. In major cities, they may pay 1/2 of their salary at the beginning.
Transportation Costs
Canada has a strong public transportation system that makes it easier for people to get around without a car. However, this transportation is most prominent in major cities rather than small towns. There, you’ll need to buy a car as public transit isn’t an option. In Canada, gas prices vary between provinces. The lowest gas prices are always found in Alberta, where oil is mined. You’ll also find cheaper gas on the East Coast thanks to the plethora of shipping businesses. British Columbia has...
Childcare Costs
On average, childcare in Canada costs $1,100 per month for pre-school classes.
Travel Costs
It is incredibly expensive to travel in or outside of Canada. Local travel can have plane tickets that cost more than going abroad. And trains aren’t any better, with incredibly high fares for long journeys. For example, a flight from Ottawa to Toronto (45 minutes) costs $300 on average. A flight to Europe costs $800+ (8 hours). Moving abroad? Save more in booking your flights and accommodations by using this platform!
Nova Scotia Cost of Living
Total = $2,700/month Housing Costs = $900 Utilities Costs = $163 Communications Costs = $100 Grocery Costs = $500 Average Restaurant Meal Cost = $30 Bus Pass Cost = $82.50 Gas Prices = $1.33/L Most Expensive City = Halifax I lived in Nova Scotia for four years and let me tell you it’s so much cheaper to live there than in Ontario. Although produce prices can be slightly higher, the cost of fish is almost nothing and housing is incredibly affordable. If you leave downtown Halifax, you’ll find...
New Brunswick Cost of Living
Total = $2,900/month Housing Costs = $865 Utilities Costs = $167 Communications Costs = $110 Grocery Costs = $350 Average Restaurant Meal Cost = $40 Gas Prices = $1.20/L Most Expensive City = Moncton or Saint John New Brunswick is a lovely province with a very low cost of living. The only problem is that jobs are limited here, especially outside of the two main cities.
Prince Edward Island Cost of Living
Total = $2,300/month Housing Costs = $980 Utilities Costs = $210 Communications Costs = $150 Grocery Costs = $350 Average Restaurant Meal Cost = $35 Gas Prices = $1.22/L Most Expensive City = Charlottetown Prince Edward Island is one of the most picturesque places to live in Canada. It’s popular with retirees for the cheap cost of living but a wonderful lifestyle. Everyone moves a little slower in PEI. Maybe that’s because they’re soaking up how cheap it is to live here!
Living in Canada can be expensive. To help you get the cost of living down so you can enjoy your life in the great white north, here are 5 tips to save money.
The cost of living in Canada varies depending on which province you reside in. While some provinces have average monthly costs that are below the national average, others have expenses that are significantly higher. Housing and food prices are among the highest costs Canadians face, while gas and transportation cost less than the norm. There are a ...
Are you new to B.C. or thinking of moving here? Need help deciding where to live and work? The Cost of Living Calculator can help you make the right move!
Mar 1, 2024 · The cost of living in British Columbia is $2273, which is 1.23 times more expensive than the average in Canada. British Columbia ranked 2nd most expensive and 6th best state to live in Canada. The average salary after taxes in British Columbia is $2935, which is enough to cover living expenses for 1.3 months.
- Cost of living indices for Canada using New York City as a benchmark. So, while the cost of living in NYC is significantly higher than Canada, local purchasing power – which shows how much an average resident on average salary can afford to buy – is similar in Canada to NYC.
- Cost of living in Canada by province and city. Average monthly cost of living by city. Here’s what you might actually expect to pay in cold hard dollars each month for cost of living for a single person and a family of four.
- Canadian median after-tax income by province. Using the same data looking at some of the biggest Canadian cities, the Median after-tax income of households is
- Canadian median after-tax income by city. Best place to live in Canada. Using Numbeo data again, if you start including average household incomes compared to cost of living then you get a ranking based on local purchasing power.
Nov 6, 2023 · According to a new analysis of publicly available data done by insurance company Westland, B.C. tops the list when it comes to the cost of buying or renting a place to live, flights, public...
Jul 23, 2024 · To help, here are the 12 cheapest places to live in BC, based on several factors including average house price, average rent, after-tax household income and population.
