Vancouver ranked one of the most expensive cities in the world to relocate to

Feb 7 2017, 6:42 pm

Looking to move to Vancouver?

According to the 2017 Relocation Index, it will cost you a pretty penny.

The Index looks at 75 cities across the world and how much it costs to move there.

The rankings examine the cost of an expat’s first month in a new home, the rent for one-bedroom apartment in the city centre, the cost of mobile phone set up and data plan, the price of monthly transportation pass, and food and drinks for 30 days. The figures in the list are accurate for a 250km move of one person.

Luanda, Angola, came in as the most expensive city to move to with a total first-month relocation cost of $3,258.32.

Top ten most expensive cities to move (2017 Relocation Price Index)

Vancouver still comes in as a relatively pricey place to move coming in 15th place. Here is a breakdown of the costs, according to the 2017 Relocation Price Index:

  • Rent (per m2) – $33.59
  • Average rent (for a ~370 ft2  apartment) – $1,175.76
  • Phone setup- $64.06
  • Food and drink- $630.63
  • Transport- $66.26
  • First-month total cost- $1,936.71
  • Average moving cost- $821.45

Still, Vancouver ranks reasonably well to second place New York City, where average rent will cost you $2,052.15, transport adds up to $112.18, and the total first-month relocation cost is $3,084.75.

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And if you are really looking to save an arm and a leg, Tunis, Tunisia, is your best bet. A month’s worth of transportation costs $13.01, phone set up is only $8.65, and your total relocation cost after a month will be $1,595.21.

DH Vancouver StaffDH Vancouver Staff

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