Cost of Living

British Columbia’s reputation as a desirable place to live makes us a global magnet for top-quality talent. Vancouver is one of the most livable cities in the world — ranked by Mercer in 2019 as the top city in the Americas and 3rd globally. Our enviable quality of life means easier employee recruitment and retention.

Even with this worldwide appeal, our largest city, Vancouver, is less expensive than many other urban centres. It ranks a relatively affordable 112 of 209 (ranked from most to least expensive) in Mercer's Cost of Living Survey for 2019. By comparison, Hong Kong, Zurich and New York are all significantly more costly at 1, 5 and 9, respectively.

Personal Income Taxes

Your employees will benefit from British Columbia’s affordable tax rates. Single individuals earning up to $125,000 pay the lowest personal income taxes in Canada.