Cost of living in Vancouver: rent, homes and salary
In 2024 the regional price parity (RPP) covering the Portland, OR metro area came to 105.4, published by BEA. The US is set at 100 and housing alone stands at 125.1, so the cost of living in Vancouver sits 5.4% above the US average.
- Level of prices
- 105.4US = 100, BEA 2024
- Price level for housing
- 125.1 for rents, US = 100.
Cost of living index for Vancouver
A regional price parity measures one place's price for a fixed basket of goods and services against the US average, which is set at 100. Vancouver sits in the metro area of Portland-Vancouver-Hillsboro, OR-WA, and BEA prices all of it together. Housing (rents) differs most from the US average, standing at 125.1, or 25.1% above the US.
| Price level, US = 100 | Portland, OR metro | Washington | Metro against the US |
|---|---|---|---|
| All items | 105.4 | 107.0 | +5.4% |
| Goods | 105.2 | 104.4 | +5.2% |
| Housing (rents) | 125.1 | 126.0 | +25.1% |
| Utilities | 107.0 | 92.9 | +7.0% |
| Other services | 100.1 | 103.9 | +0.1% |
For 2024, the Bureau of Economic Analysis (BEA) in the U.S. publishes regional price parities, set out by metro area and state. BEA regional price parities
Vancouver rents
Asking rent in Vancouver typically runs $1,803 a month, according to the Zillow Observed Rent Index (ZORI). That index covers rent on homes listed now, and the rent is up +0.5% on a year. In the US it is $1,932. Census median gross rent includes every renting household, not only new leases, and comes to $1,767. Twelve months of the asking rent equals 26% of the median household income.
| Rent | Vancouver | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $1,803 | $1,932 |
| Asking rent, 12-month change | +0.5% | |
| Median gross rent, Census ACS 2024 | $1,767 | $1,487 |
| Share of median income for a year of asking rent | 26% | 28% |
Zillow Observed Rent Index; Census Bureau American Community Survey 2024. Estimates are for one year.
Vancouver home prices
In September 2026 the Zillow Home Value Index (ZHVI) put a typical Vancouver home at $498,160. It measures the value of a mid-market home. That figure is −0.1% on a year, compared with $366,157 for the US. That equals 6.0 years of median household income, compared with 4.5 in the US.
| Home prices | Vancouver | United States |
|---|---|---|
| Typical home value, September 2026 | $498,160 | $366,157 |
| 12-month change | −0.1% | +1.2% |
| 10-year change | +77.4% | +77.4% |
| Price to income (years of median income) | 6.0 | 4.5 |
| Price to rent (years of asking rent) | 23.0 | 15.8 |
Days on market, the forecast and the price chart since 2000: Vancouver housing market.
Salary required to live in Vancouver
What you earn and where you live are the two questions that set the Vancouver salary that keeps up with what your pay buys today.
- Moving from
- Salary
See every city side by side, along with the method: city cost of living comparison.
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Vancouver cost of living compared with other cities
| City | Level of prices | Housing | Rent, typical | Value of a typical home |
|---|---|---|---|---|
| Vancouver | 105.4 | 125.1 | $1,803 | $498,160 |
| Seattle | 111.1 | 151.3 | $2,227 | $822,572 |
| Spokane | 100.3 | 97.1 | $1,483 | $392,803 |
| Bellevue | 111.1 | 151.3 | $2,759 | $1,386,450 |
| Olympia | 103.7 | 116.7 | $1,969 | $526,205 |
| New York City | 112.6 | 148.6 | $4,089 | $825,854 |
| Los Angeles | 113.6 | 170.4 | $2,772 | $927,891 |
| Chicago | 103.6 | 112.0 | $2,311 | $334,108 |
| Houston | 98.6 | 104.5 | $1,544 | $259,465 |
The price levels come from BEA regional price parities for 2024, with US = 100. Rent data: Zillow ZORI. Home values: Zillow ZHVI, September 2026.
All cities ranked: city cost of living comparison. All states: state cost of living.