How Much Does It Cost to Live In Burnaby?
Burnaby is a multicultural city which has started to develop not so long ago and has become a city of large proportions offering its residents access to everything they need.
When it comes to shopping for clothes, purchasing groceries and dining options, in this city you will find all of this in the main street, and not to speak about the rest of the city.
The closeness of everything is one of the reasons why more and more people are looking for a place to settle there.Cost of Living Index:
Canada : Cost of Living by City
- Nanaimo, BC
- Quebec City
- Red Deer
- St. John’s, NL
Burnaby is getting quite trendy these days, thus increasing the restaurant prices as well.
The more tourists come, the higher are the prices of meals here.
You can have a decent meal at the price of $12 per person if you do not drink any alcohol with it.
Alcohol in whole Canada is very expensive.
Food is of utmost importance for every person’s living and dining out daily in Burnaby would not be preferable for your budget.
Actually, the price of food is high, even when you want to prepare it at home, and not to speak about eating out.
So, it is advisable to purchase groceries at discounts and at local markets so as to be able to save some money on it.
Public transport service in Burnaby is quick and easy accessible.
There are stations throughout the city and monthly pass costs about $93.
Another way of commuting is by car, which is frequent in Burnaby, as the price of gasoline is not too high.
The costs of utilities in Burnaby are not so high, compared to some other cities in Canada, but still not cheap.
The Internet access is quite pricey, while other services costs depend on the size of the apartment, number of people living there and season of the year.
SPORTS & LEISURE
Burnaby has a lot to offer when entertainment is in question, from doings and events indoors to wide green spaces, canoeing and kayaking for outdoor activities.
The price of fitness club fee is not high, around $36, while a tennis court rent for just one hour of practice is almost $20.
CLOTHING & SHOES
Canada is known for lower clothing items costs than the majority of European countries.
However, Burnaby is not among those cities where clothing is a bargain, due to the slightly higher prices than in the rest of Canada.
That is why only 2% of monthly budget is spent on that.
RENT PER MONTH
Burnaby is extremely expensive in terms of rent, as it is almost impossible to find an apartment under $1000 per month.
It is easier for a single person to find a smaller one, out of the city center at more affordable price, but a family will have to spend more than $2000 on it.
Cost of Living Averages Table for Burnaby*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$11.26|
|Domestic Beer (0.5 Liter)||$4.13|
|Water (0.33 Liter)||$1.65||Average Market Prices|
|Milk (1 Liter)||$6.07|
|Loaf Bread (500g)||$1.95|
|Eggs (12)||$2.50||Average Transport Prices|
|One Way Ticket||$2.18|
|Gasoline||$3.84||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$82.91|
|1 min. of Prepaid Mobile Tariff Local||$0.26|
|Internet (Unlimited Data, Cable/ADSL)||$58.42||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$36|
|Tennis Court Rent (1 Hour)||$19.89|
|Cinema, 1 Seat, International Release||$10.51||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$51.04|
|1 Summer Dress in a Chain Store (Zara, etc...)||$31.19|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$79.56||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$1277.60|
|Apartment (1 bedroom) Outside of Center||$953.27|
|Apartment (3 bedrooms) in City Center||$2158|
How Does the Average Person Spend Their Money in Burnaby?
How much you will spend and on which things depends only on your lifestyle and habits.
Generally speaking, Burnaby’s citizens spend too much on the rent, which is really high here.
Other costs of living in Burnaby are a bit better than in some other Canadian cities, but still quite high.
If you are earning a good salary, then you might be able to put some money aside.
Otherwise, it is questionable whether you will have enough to cover monthly costs.
Average Costs Breakdown
Burnaby: Average Salary, Minimum Wage & Mortgages
Due to the extremely high rent prices in Burnaby, it is not strange what recent studies indicate.
Actually, Burnaby is the third most expensive city to buy a house in Canada, even though the mortgage interest rates are not high.
Otherwise, you will have to pay quite a lot of money for rent which can take either the whole or half of your monthly wage.
The difference between the minimum and the average salary is huge and that is why living conditions of Burnaby’s citizens differ a lot.
Cost of Living by City in Burnaby
|City||Cost of Living Index|
|St. John’s, NL||74.05|