Cost of living

Moving to another country can be expensive—and you may be surprised to pay much more (or less) for some items than you did in your home country.

Did you know that the cost of living varies depending on where you live? Victoria and the communities in Metropolitan Vancouver (including Vancouver, Richmond and North Vancouver) are among the most popular places in British Columbia to live. As a result, housing costs are higher here than in other cities or towns in B.C. You may find that you could enjoy a higher standard of living by settling in one of the less populated regions of the province.

The Institute of Chartered Accountants of B.C.(ICABC) publishes an annual report called B.C.Check-Up that could help you to calculate the cost of living anywhere in B.C.

If you are trying to calculate the cost of living in B.C., here are some things to consider:

• Income and Taxation
• Housing and Accommodation
• Utilities
• Transportation
• Education
• Health Care
• Interest Rates

Related Resources:

• Institute of Chartered Accountants in B.C. (ICABC): B.C.Check-Up
• Taxes are based on your income and purchases. For more information about income and tax rates, visit the Canada Customs and Revenue Agency website.