CAD 60,000 gross in Vancouver is tight but workable on a budget-tier lifestyle, not a moderate one. After BC tax, CAD 60,000 nets roughly CAD 47,000 a year (about CAD 3,900 a month). CostLivingโs budget benchmark for Vancouver is $1,980 per person per month (roughly CAD 2,700), so CAD 3,900 net technically clears it with margin. But the budget tier assumes a flatshare or older smaller unit further from the centre, public transit, modest groceries, minimal entertainment. The moderate benchmark of $3,300 (roughly CAD 4,500 per month) is materially harder to hit on CAD 60,000 net: rent alone in any central one-bedroom typically eats CAD 2,400 to CAD 3,200. CAD 60,000 works for a single person in a basement suite, a shared house, or further-out neighbourhoods like Burnaby, Surrey, or New Westminster. For the full cost picture, see our Vancouver cost of living page.
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Is $60,000 enough to live in Vancouver?
City North America
Updated July 2026