Cost of Living Comparison Between Vancouver and Terrace Cost of Living Comparison Between Vancouver and Terrace

Monthly Cost of Living

A single person spends $2,906 per month in Vancouver vs $1,924 in Terrace, rent included.

A couple spends around $4,209 per month in Vancouver vs $2,875 in Terrace, rent included.

A family of three spends $5,513 per month in Vancouver vs $3,826 in Terrace, rent included.

Vancouver costs about 51% more than Terrace, driven mainly by Getting Around.

Both Vancouver and Terrace sit above the global median – Vancouver by 118%, Terrace by 44%.

Meal at Budget Restaurant

$18.62 CA$26.20

$18.33 CA$25.80

1.58%

Three-Course Dinner for Two, Mid-Range

$77.9 CA$110

$82.9 CA$117

-6.00%

Fast Food Meal (McDonalds, etc)

$10.84 CA$15.26

$11.10 CA$15.62

-2.34%

Cappuccino

$3.93 CA$5.53

$3.85 CA$5.42

2.08%

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

$2.24 CA$3.16

$1.96 CA$2.76

14.29%

Water (0.33 liter bottle)

$1.75 CA$2.46

$1.66 CA$2.33

5.42%

Local Beer (0.5 liter draught)

$6.05 CA$8.51

$4.38 CA$6.17

38.13%

Imported Beer (0.33 liter bottle)

$7.30 CA$10.27

$6.04 CA$8.50

20.86%

Milk (1 liter)

$2.30 CA$3.24

$2.44 CA$3.44

-5.74%

White Bread (500g)

$3.07 CA$4.32

$2.80 CA$3.94

9.64%

Rice (white) (1kg)

$3.77 CA$5.30

$5.44 CA$7.65

-30.70%

Eggs

$4.32 CA$6.08

$3.90 CA$5.49

10.77%

Local Cheese (1kg)

$12.57 CA$17.69

$9.23 CA$12.99

36.19%

Chicken Fillets (1kg)

$13.74 CA$19.34

$16.11 CA$22.67

-14.71%

Beef Round Steak (1kg)

$15.99 CA$22.49

$14.20 CA$19.98

12.61%

Apples (1kg)

$4.26 CA$6.00

$4.28 CA$6.02

-0.47%

Banana (1kg)

$1.52 CA$2.14

$1.22 CA$1.71

24.59%

Oranges (1kg)

$3.92 CA$5.52

$3.27 CA$4.59

19.88%

Tomato (1kg)

$5.08 CA$7.15

$3.93 CA$5.53

29.26%

Potato (1kg)

$3.20 CA$4.50

$3.26 CA$4.59

-1.84%

Onion (1kg)

$3.09 CA$4.34

$3.20 CA$4.50

-3.44%

Lettuce (1 head)

$2.60 CA$3.65

$2.50 CA$3.52

4.00%

Water (1.5 liter bottle)

$1.88 CA$2.65

$1.01 CA$1.42

86.14%

Cigarettes 20 Pack (Marlboro, Camel)

$15.45 CA$21.74

$11.91 CA$16.75

29.72%

Wine (Bottle)

$14.89 CA$20.95

$13.57 CA$19.09

9.73%

Local Beer (0.5 liter bottle)

$3.12 CA$4.39

$2.28 CA$3.20

36.84%

Imported Beer (0.33 liter bottle)

$3.80 CA$5.35

$1.92 CA$2.70

97.92%

One-way Ticket (Public Transport)

$2.42 CA$3.40

$1.49 CA$2.09

62.42%

Public Transport Monthly Pass (Regular Price)

$83.0 CA$117

$31.93 CA$44.93

159.85%

Taxi Start (Normal Tariff)

$3.76 CA$5.28

$3.08 CA$4.34

22.08%

Taxi (Normal Tariff) (1km)

$1.48 CA$2.09

$1.47 CA$2.07

0.68%

Taxi 1hour Waiting (Normal Tariff)

$26.97 CA$37.95

$26.11 CA$36.74

3.29%

Gasoline (1 liter)

$1.30 CA$1.82

$1.19 CA$1.68

9.24%

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

$25.2K CA$35.4K

$28.4K CA$40.0K

-11.37%

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

$20.6K CA$28.9K

$21.2K CA$29.8K

-2.84%

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

$91.8 CA$129

$98.1 CA$138

-6.42%

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

$39.34 CA$55.4

$40.30 CA$56.7

-2.38%

Internet (50+ Mbps, Unlimited Data)

$60.6 CA$85.3

$62.4 CA$87.8

-2.85%

Gym Membership (Monthly)

$44.58 CA$62.7

$43.44 CA$61.1

2.62%

Tennis Court (1 Hour on Weekend)

$15.88 CA$22.35

Cinema Ticket

$12.18 CA$17.13

$9.27 CA$13.05

31.39%

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

$1,185 CA$1,667

$734 CA$1,032

61.54%

International Primary School, 1 Child (Yearly)

$18.5K CA$26.1K

$11.9K CA$16.8K

55.52%

Jeans (Levis 501 Or Similar)

$62.5 CA$87.9

$38.31 CA$53.9

63.12%

Summer Dress (H&M, Zara, etc)

$42.38 CA$59.6

$32.30 CA$45.45

31.21%

Sport Shoes (Adidas, Nike)

$95.0 CA$134

$82.5 CA$116

15.14%

Men's Leather Business Shoes

$115 CA$162

$46.22 CA$65.0

148.51%

1-bedroom Apartment, City Center (Monthly)

$1,979 CA$2,785

$1,040 CA$1,464

90.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,644 CA$2,313

$854 CA$1,202

92.34%

3-bedroom Apartment, City Center (Monthly)

$3,577 CA$5,033

$1,699 CA$2,390

110.58%

3-bedroom Apartment, Outside City Center (Monthly)

$2,782 CA$3,915

$1,392 CA$1,958

99.93%

Buy Apartment in City Center (m2)

$8,754 CA$12.3K

$4,419 CA$6,217

98.11%

Buy Apartment Outside City Center (m2)

$7,087 CA$9,972

$3,287 CA$4,625

115.59%

Average Monthly Net Salary (After Tax)

$3,380 CA$4,756

$3,217 CA$4,527

5.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.61

5.22

7.47%

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

Last update for Vancouver: July 14, 2026

Last update for Terrace: July 11, 2026

Cost Breakdown

A central one-bedroom costs $1,979 in Vancouver versus $1,040 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 5% 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 $78.0 in Vancouver versus $83.0 in Terrace. Groceries tell a different story – $414 in Vancouver vs $383 in Terrace – so Terrace wins on supermarket bills even if dining out costs more.

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 51% more than Terrace, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,359 per month in Vancouver and $2,886 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $78.0 in Vancouver and $83.0 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 $2,906 in Vancouver and $1,924 in Terrace. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Terrace, where all-in costs run around $1,924, than in Vancouver at $2,906. In Terrace it covers expenses comfortably, while in Vancouver it requires careful planning or may not stretch far enough.

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, better infrastructure, or specific career opportunities are the priority, Vancouver makes more sense. Both are solid long-term options with distinct trade-offs.