Last update: Nov 2026

Cost of Living Comparison Between Vancouver and Terrace

For one person, living is cheaper in Terrace: $1,920 a month against $2,683 in Vancouver, rent and utilities included – about $9,200 less a year. Rent and utilities account for most of the difference.

128

Cost of Living Index in Vancouver
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Vancouver Living Index
91

Cost of Living Index in Terrace
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Terrace Living Index

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Vancouver

🇨🇦 Canada

$2,683

/mo nomad

Terrace

🇨🇦 Canada

$1,920

/mo nomad

Monthly Cost of Living

How much you'll spend in Vancouver and in Terrace

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Vancouver and in Terrace actually costs, broken down by who's living it.

A single person spends $2,683 per month in Vancouver vs $1,920 in Terrace, rent included.

Vancouver $2,683
Terrace $1,920

A couple spends around $3,963 per month in Vancouver vs $2,886 in Terrace, rent included.

Vancouver $3,963
Terrace $2,886

A family of three spends $5,244 per month in Vancouver vs $3,852 in Terrace, rent included.

Vancouver $5,244
Terrace $3,852

Vancouver costs about 40% more than Terrace, and outside of rent the biggest gap is in transport.

Both Vancouver and Terrace sit above the global median – Vancouver by 98%, Terrace by 42%.

Meal at Budget Restaurant

$18.10 CA$25.26

$17.79 CA$24.83

1.74%

Three-Course Dinner for Two, Mid-Range

$71.0 CA$99.1

$79.5 CA$111

-10.67%

Fast Food Meal (McDonalds, etc)

$10.57 CA$14.75

$11.03 CA$15.40

-4.17%

Cappuccino

$3.97 CA$5.54

$4.25 CA$5.94

-6.59%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.07 CA$2.89

$2.00 CA$2.79

3.50%

Water (0.33 liter bottle)

$1.85 CA$2.58

$1.72 CA$2.40

7.56%

Local Beer (0.5 liter draught)

$5.67 CA$7.91

$5.22 CA$7.28

8.62%

Imported Beer (0.33 liter bottle)

$6.61 CA$9.23

$6.09 CA$8.50

8.54%

Milk (1 liter)

$2.16 CA$3.01

$2.30 CA$3.21

-6.09%

White Bread (500g)

$2.58 CA$3.60

$2.74 CA$3.82

-5.84%

Rice (white) (1kg)

$4.30 CA$6.00

$5.14 CA$7.18

-16.34%

Eggs

$4.09 CA$5.71

$3.86 CA$5.39

5.96%

Local Cheese (1kg)

$12.12 CA$16.91

$8.91 CA$12.44

36.03%

Chicken Fillets (1kg)

$13.28 CA$18.54

$15.34 CA$21.42

-13.43%

Beef Round Steak (1kg)

$20.11 CA$28.07

$13.65 CA$19.05

47.33%

Apples (1kg)

$3.96 CA$5.53

$4.15 CA$5.79

-4.58%

Banana (1kg)

$1.43 CA$1.99

$1.25 CA$1.74

14.40%

Oranges (1kg)

$3.71 CA$5.18

$3.08 CA$4.29

20.45%

Tomato (1kg)

$3.92 CA$5.48

$3.79 CA$5.29

3.43%

Potato (1kg)

$2.87 CA$4.00

$3.32 CA$4.63

-13.55%

Onion (1kg)

$2.98 CA$4.16

$3.21 CA$4.48

-7.17%

Lettuce (1 head)

$2.61 CA$3.65

$2.53 CA$3.53

3.16%

Water (1.5 liter bottle)

$1.63 CA$2.28

$0.97 CA$1.36

68.04%

Cigarettes 20 Pack (Marlboro, Camel)

$15.94 CA$22.25

$11.52 CA$16.08

38.37%

Wine (Bottle)

$14.25 CA$19.89

$13.54 CA$18.90

5.24%

Local Beer (0.5 liter bottle)

$2.52 CA$3.52

$2.10 CA$2.93

20.00%

Imported Beer (0.33 liter bottle)

$2.87 CA$4.01

$1.83 CA$2.55

56.83%

One-way Ticket (Public Transport)

$2.57 CA$3.58

$1.41 CA$1.97

82.27%

Public Transport Monthly Pass (Regular Price)

$84.4 CA$118

$31.48 CA$43.95

167.98%

Taxi Start (Normal Tariff)

$2.74 CA$3.83

$3.31 CA$4.62

-17.22%

Taxi (Normal Tariff) (1km)

$1.63 CA$2.27

$1.57 CA$2.20

3.82%

Taxi 1hour Waiting (Normal Tariff)

$31.90 CA$44.52

$22.55 CA$31.47

41.46%

Gasoline (1 liter)

$1.46 CA$2.03

$1.22 CA$1.70

19.67%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$26.7K CA$37.3K

$28.2K CA$39.3K

-5.23%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$21.0K CA$29.4K

$19.4K CA$27.1K

8.40%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$88.2 CA$123

$94.4 CA$132

-6.51%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$36.72 CA$51.3

$38.26 CA$53.4

-4.03%

Internet (50+ Mbps, Unlimited Data)

$49.81 CA$69.5

$60.3 CA$84.1

-17.33%

Gym Membership (Monthly)

$45.34 CA$63.3

$41.20 CA$57.5

10.05%

Tennis Court (1 Hour on Weekend)

$12.13 CA$16.93

$18.76 CA$26.19

-35.34%

Cinema Ticket

$12.55 CA$17.52

$9.20 CA$12.85

36.41%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,055 CA$1,473

$649 CA$907

62.52%

International Primary School, 1 Child (Yearly)

$28.5K CA$39.8K

$11.8K CA$16.5K

141.65%

Jeans (Levis 501 Or Similar)

$56.4 CA$78.8

$36.72 CA$51.3

53.62%

Summer Dress (H&M, Zara, etc)

$34.37 CA$47.98

$31.02 CA$43.29

10.80%

Sport Shoes (Adidas, Nike)

$89.8 CA$125

$79.7 CA$111

12.64%

Men's Leather Business Shoes

$94.3 CA$132

$106 CA$148

-11.09%

1-bedroom Apartment, City Center (Monthly)

$1,738 CA$2,426

$998 CA$1,393

74.16%

1-bedroom Apartment, Outside City Center (Monthly)

$1,528 CA$2,134

$856 CA$1,194

78.66%

3-bedroom Apartment, City Center (Monthly)

$3,107 CA$4,337

$1,639 CA$2,287

89.61%

3-bedroom Apartment, Outside City Center (Monthly)

$2,547 CA$3,555

$1,316 CA$1,837

93.55%

Buy Apartment in City Center (m2)

$8,540 CA$11.9K

$4,395 CA$6,135

94.31%

Buy Apartment Outside City Center (m2)

$6,328 CA$8,833

$3,858 CA$5,385

64.02%

Average Monthly Net Salary (After Tax)

$3,770 CA$5,262

$3,214 CA$4,486

17.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.24

5.05

-16.04%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Vancouver: November 2, 2026

Last update for Terrace: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Vancouver

$1.5K 57%

Terrace

$856 44.6% 44% $673

Groceries & Markets

Vancouver

$398 14.9%

Terrace

$370 19.3% 7.2% $29

Eating Out

Vancouver

$281 10.5%

Terrace

$280 14.6% 0.6% $1.8

Monthly Utilities & Internet

Vancouver

$175 6.5%

Terrace

$193 10.1% 10.4% $18

Clothing & Footwear

Vancouver

$124 4.6%

Terrace

$114 5.9% 7.8% $9.6

Getting Around

Vancouver

$106 3.9%

Terrace

$48 2.5% 54.2% $57

Sport & Entertainment

Vancouver

$70 2.6%

Terrace

$60 3.1% 15.4% $11

Cost Breakdown

A central one-bedroom costs $1,738 in Vancouver versus $998 in Terrace. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 17% higher in Vancouver, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $71 in Vancouver versus $79 in Terrace. Groceries tell a different story – $398 in Vancouver vs $370 in Terrace – so Terrace wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Vancouver

🇨🇦 Terrace

🕒 Local time

20:58 8:58 PM

Same time as Vancouver

🌤 Weather

👥 Population

631,486

19,443

💱 Currency

Canadian Dollar CAD $

📈 Exchange rate

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

Exchange rates and currency converter

On the map

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Between locations

Vancouver Terrace 690 km ≈ 1 h 15 min nonstop flight

From you

Vancouver
Terrace

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Vancouver vs Terrace: Cost of Living - Frequently Asked Questions

Vancouver costs about 40% more than Terrace, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,024 per month in Vancouver and $2,879 in Terrace. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Terrace, especially for central apartments: a one-bedroom in the center costs $998 there versus $1,738 in Vancouver.

A mid-range dinner for two costs $71 in Vancouver and $79 in Terrace. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,683 in Vancouver and $1,920 in Terrace. That makes Terrace about 28% cheaper.

Families tend to lean toward Terrace – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Terrace. If higher salaries or specific career opportunities are the priority, Vancouver makes more sense. Both are solid long-term options with distinct trade-offs.