Cost of living in Vancouver, North America
๐Ÿ”๏ธ

Is $60,000 enough to live in Vancouver?

City North America Updated July 2026

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). CostLivingโ€™s 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.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

Research Data Analysis Global Pricing
LinkedIn