Cost of Living in Vancouver, British Columbia
Since January 2021, residents of Vancouver have faced significant increases in rent, groceries, and everyday expenses. Here's what the data shows.
๐ Vancouver at a Glance
- โขSecond-most expensive rental market in Canada
- โขProvincial rent control limits annual increases to 3%
- โขGas up 38% โ includes transit levy and carbon tax
British Columbia Cost Breakdown
Provincial figures apply across British Columbia. City-specific data noted where available.
How Vancouver Compares to the National Average
| Category | Vancouver / British Columbia | Canada (National) |
|---|---|---|
| Rent (2BR) | +38% | +35% |
| Food prices | +26.1% | +26.3% |
| Shelter CPI | โ | +33.2% |
| Overall inflation | โ | +18.7% |
๐๏ธ Who's Responsible?
Cost of living is shaped by decisions made at all three levels of government. Housing affordability, taxation, transit, and local services are all within the power of elected and appointed officials.
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Rate Vancouver Public ServantsSource: Statistics Canada, CMHC. Baseline: January 2021. Last updated: July 2026. Figures represent cumulative change Jan 2021โJul 2026. Provincial averages applied where city-specific data is unavailable. Full methodology โ