How much does it cost to move out in Vancouver?

The total upfront cost to move out in Vancouver typically ranges from CA$6,500 to CA$10,400, depending on your apartment and setup needs. This includes first month's rent (CA$2,600), security deposit (CA$1,300), and move-in essentials.

What salary do I need to rent an apartment in Vancouver?

Following the 30% rule, you'd need a monthly income of at least CA$8,667 (CA$104,000/year) to comfortably afford the average 1BR in Vancouver. Many landlords require proof of income 2-3x the monthly rent.

Is Vancouver expensive to live in?

Vancouver has a cost of living index of 145 compared to the US average of 100. This means it's 45% more expensive than the national average. Housing is the biggest factor, with average rents of CA$2,600/month for a 1BR.

How much should I save before moving to Vancouver?

We recommend saving at least CA$13,000 to CA$18,200 before moving to Vancouver. This covers upfront costs (CA$6,500-CA$9,100) plus a 2-3 month emergency fund.

What are the hidden costs of moving to Vancouver?

Beyond rent and deposit, budget for: utilities setup (CA$100/month), internet (~CA$70/month), renters insurance (~CA$20/month), moving costs (CA$200-CA$1,500), and household essentials (CA$500-CA$2,000).

Can I afford to live alone in Vancouver?

To live alone in Vancouver, you need a stable income of at least CA$104,000/year and savings of CA$13,000+. If your income is lower, consider getting a roommate - this can reduce your housing costs by 30-40% and make Vancouver more affordable.

What is the average rent in Vancouver in 2026?

As of 2026, the average rent in Vancouver is CA$2,600/month for a 1-bedroom apartment and CA$3,400/month for a 2-bedroom. Prices vary by neighborhood - areas outside the city center tend to be 10-20% cheaper.

How much is a security deposit in Vancouver?

Security deposits in Vancouver typically equal 0.5 month of rent (CA$1,300 for an average 1BR).

Is Vancouver a good place for first-time renters?

Vancouver can be challenging for first-time renters due to high costs. Consider starting with roommates or looking at more affordable neighborhoods. Use our calculator to determine if Vancouver fits your budget.

How long does it take to save to move out in Vancouver?

If you can save CA$1,300/month, you'll need about 10 months to save enough for Vancouver. With more aggressive saving (CA$2,080/month), you could be ready in 7 months. Our calculator shows your personalized timeline.

CanadaCost Index: 145High Cost

Vancouver, BC Move Out Calculator: How Much Do You Need to Move Out?

Planning to move out in Vancouver? Find out exactly how much money you need with our free move-out calculator. In Vancouver, the average 1-bedroom apartment costs CA$2,600/month, you'll need approximately CA$7,800 in upfront costs, and a minimum salary of CA$104,000/year to live comfortably. Vancouver is considered a high cost city - use the calculator below to get your personalized budget.