Most consumer prices are similar to Vancouver, but renting or buying is still more expensive in Vancouver. The average cost to purchase a home in Burnaby is currently $1 million. If you’re looking to buy an affordable home, the higher average cost can be very prohibitive.
Is Burnaby cheaper than Vancouver?
Burnaby Is A Lower Cost Of Living Region With Some Flaws
From a purely numerical point of view, Burnaby does have a lower cost of living than Vancouver. It’s about 10-20% cheaper across the board. However, that does come at a cost.
Is it expensive to live in Burnaby?
Average Cost of Living per Month in Burnaby
The average cost of living in Burnaby is $3,720/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Is Vancouver more expensive than Burnaby?
Cost of Living Comparison Between Burnaby and Vancouver
You would need around 7,609.02C$ in Vancouver to maintain the same standard of life that you can have with 6,800.00C$ in Burnaby (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
Where is the most affordable place to live in Vancouver?
The West End, located in the Downtown area, is the most affordable of all the Downtown locations. The West End is bordered by Downtown, Stanley Park, and the ocean. It’s the most diverse of all the Downtown Vancouver neighbourhoods.
Where in BC is it cheaper to live?
What city in BC is the cheapest to live in? Many cities in BC have a low cost of living at 30% lower than the average in British Columbia. Two of the cheapest cities in BC are Prince George and Williams Lake.
Where is the cheapest place to live in BC?
Cheapest Places To Live In BC (British Columbia)
- Prince George, BC. Average Rent For A One-Bedroom Apartment: $1,300.
- Coquitlam, BC. Average Rent For A One-Bedroom Apartment: $1,875.
- Castlegar, BC. Average Rent For A One-Bedroom Apartment: $1,725.
- Vernon, BC.
- Hope, BC.
- Cranbrook, BC.
- Williams Lake, BC.
- Port Moody, BC.
Why move to Burnaby BC?
Local Attractions. Not only is Burnaby well-known for its parks and green spaces, but it is also home to great best shopping. Metropolis at Metrotown, which is the nation’s second-largest shopping mall, has hundreds of major retailers, restaurants, and more.
What is a good salary in Burnaby?
$72,830 (CAD)/yr
The average salary for jobs in Burnaby, British Columbia is $72,830 (CAD) per year or an hourly rate of $35 (CAD). Develop strong and trusted relationship with customers through timely and accurate communications.
Is Burnaby cheaper than Surrey?
Cost of Living Comparison Between Burnaby and Surrey
You would need around 6,326.16C$ in Surrey to maintain the same standard of life that you can have with 6,800.00C$ in Burnaby (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
What salary do you need to live in Vancouver?
The average cost of living in Vancouver is $3,959/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.
Where is the most expensive place to live in BC?
North Vancouver rent rose by 10.4 per cent, making it the most expensive city in Canada with an average of $2,760 per month. West Vancouver is second with Vancouver in third, Richmond in fourth and Burnaby in fifth.
Is Burnaby cheaper than Toronto?
Cost of Living Comparison Between Toronto and Burnaby
You would need around 6,836.72C$ in Burnaby to maintain the same standard of life that you can have with 7,300.00C$ in Toronto (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
What area of Vancouver is cheapest?
The cheapest Metro Vancouver neighbourhoods for rental housing in August 2022
- Willoughby in Langley — $1,740.
- Willowbrook in Langley — $1,816.
- Surrey City Centre — $1,828.
- Steveston in Richmond — $1,857.
- Renfrew in Vancouver — $1,869.
- Brighouse/City Centre in Richmond — $1,892.
- Burquitlam in Coquitlam — $1,942.
What is the cheapest part of Vancouver?
Compared to other regions, North Delta is one of the most affordable markets in Metro Vancouver.
Is Burnaby BC a good place to live?
Burnaby is a great city to move to, with excellent transit, fantastic shopping and dining choices, great schools and excellent community resources. The many parks, outdoor spaces, and entertainment attractions make it a fun and vibrant city to live in.
Where is the nicest cheapest place to live in Canada?
10 Best Canadian Cities for Rental Market Affordability & Fewer Expenses
- Saint John, New Brunswick.
- Saguenay, Quebec.
- Sherbrooke, Quebec.
- New Glasgow, Nova Scotia.
- Kitchener, Ontario.
- Quebec City, Quebec.
- Kelowna, British Columbia.
- Red Deer, Alberta.
What is the best cheap city to live in Canada?
Top 10 Cheapest Places to Live in Canada
- Prince George, British Columbia. Average one-bedroom apartment monthly rent: ~ $1070.
- Surrey, British Columbia.
- Winnipeg, Manitoba.
- London, Ontario.
- Quebec City, Quebec.
- Saint John’s, Newfoundland and Labrador.
- Montréal, Quebec.
- Hamilton, Ontario.
Where is the nicest place to live in BC?
The Top 6 Best Cities to Live in British Columbia
- Vancouver.
- Victoria.
- Kelowna.
- Whistler.
- Kamloops.
- Nanaimo.
Is it cheaper to live in Victoria or Vancouver?
Victoria now more expensive place to live than Vancouver, according to living wage report. For the first time since the living wage has been calculated in British Columbia, Victoria has outpaced Vancouver as one of the province’s most expensive cities.
What is the nicest part of BC?
For instance, Vancouver has a reputation for being one of the best places in British Columbia and most livable cities in the world. Plus, elsewhere in British Columbia, there are totally gorgeous cities, such as Victoria or the picturesque town of Gibson.