How Much Does It Cost to Live In Coquitlam?
Starting a new life in any city in the world can be a tough job.
People who are interested in living anywhere in Canada should know that living conditions are great but the cost of living is quite high there.
So as to save your time and money and help you make the right decision, it is a good thing to find out about the possible expenses and salaries that you can expect here.
Coquitlam is the city which is increasingly attractive to newcomers in the recent years.Cost of Living Index:
Canada : Cost of Living by City
- Nanaimo, BC
- Quebec City
- Red Deer
- St. John’s, NL
When compared to other Canadian cities, restaurants are more affordable here.
Actually, the price of a decent meal in the least expensive restaurant for one person would be $10.
The price of alcohol is also lower, even though the taxes are the same everywhere.
It is already mentioned that eating out is not as expensive as in other Canadian cities, so the same can be said about food.
Groceries are not a bargain, but are still more affordable than elsewhere in Canada.
Getting them at the local market would save you a lot of money.
Prices of public transport in Coquitlam are almost the same as in the majority of Canadian cities.
You will either have to pay around $75 for a monthly pass, or provide enough money for registration, insurance and gasoline for your car which is not affordable.
Canada is known for the huge differences in prices and salaries among various cities, and that is the situation with the price of utilities.
In Coquitlam, you will not need more than $120 per month for basic utilities.
Among them, the Internet access it the most expensive.
SPORTS & LEISURE
The prices of leisure activities in the last couple of years have been going up faster than they have in the previous years, but are still quite affordable when other cities are taken into consideration.
Tennis court rent is $8, while a fitness pass can be found at the price of $30.
CLOTHING & SHOES
As in the whole country, the clothing items are of least importance, thus not much money is spent on that.
However, people coming from other countries might find it affordable buying designer clothes here, as they can be found at the lower prices than in some developed European countries.
RENT PER MONTH
Once in Coquitlam, the issue that you may come across is the expensive rent.
Whether you will be able to afford an apartment in the city center or look for one out of it depends on your monthly income.
If you are earning the average amount, you will be able to pay for the smaller one in the city center.
Cost of Living Averages Table for Coquitlam*Note: All prices are indicated in USD.
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$10.51|
|Domestic Beer (0.5 Liter)||$4.50|
|Water (0.33 Liter)||$1.13||Average Market Prices|
|Milk (1 Liter)||$5.54|
|Loaf Bread (500g)||$1.83|
|Eggs (12)||$2.40||Average Transport Prices|
|One Way Ticket||$2.14|
|Gasoline||$4.10||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$64.55|
|1 min. of Prepaid Mobile Tariff Local||$0.21|
|Internet (Unlimited Data, Cable/ADSL)||$51.04||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$31.90|
|Tennis Court Rent (1 Hour)||$8.63|
|Cinema, 1 Seat, International Release||$10.51||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$50.29|
|1 Summer Dress in a Chain Store (Zara, etc...)||$30.57|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$66.47||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$1125.91|
|Apartment (1 bedroom) Outside of Center||$826.48|
|Apartment (3 bedrooms) in City Center||$2064.17|
How Does the Average Person Spend Their Money in Coquitlam?
The rent in Coquitlam is so pricey that renters are spending more than 30% of their monthly wage on it, without utilities included.
Another 30% are spent on foodstuff as the basic necessity for a living, while the rest of money is divided on other spending categories.
Transportation and restaurants take approximately 11% of the monthly salary, while utilities and leisure take only 4%.
The least money is spent on clothes, as in the rest of the country, only 2%.
Average Costs Breakdown
Coquitlam: Average Salary, Minimum Wage & Mortgages
It is true that Canada is a dream country where people want to move due to the high living standards, great salaries and excellent living conditions, but they need to make sure if they will be able to afford that perfect lifestyle with the income they get.
The minimum salary is $1000 lower than the average, so if you are making a deal with the employer about your future income, bear in mind the fact that with the minimum one you, as a newcomer, would be able to pay only the rent and utilities.
Cost of Living by City in Coquitlam
|City||Cost of Living Index|
|St. John’s, NL||74.05|