Cost of living in Vernon
Vernon, located in the picturesque Okanagan region of British Columbia, Canada, offers a unique blend of natural beauty and urban amenities. Understanding the cost of living in Vernon is crucial for anyone considering moving to or residing in this charming city.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14.30 on average, with a range between $10.73 and $35.75.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $53.27, with prices ranging from $40.04 to $143.02.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.73, with a range between $9.30 and $13.06.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3.93 to $7.15, imported beer $3.58 to $7.15, cappuccino $1.79 to $5.54, and Coke/Pepsi $1.64 to $2.86.
Grocery Prices
- Milk - Milk is priced between $1.07 and $4.65 per liter, averaging $2.76.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.15 and $4.65, with an average price of $3.01.
- Eggs (Dozen) - A dozen eggs range from $2.35 to $5.01, averaging $3.82.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.78 to $6.44 per kg, while oranges range from $2 to $8.58 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.95 and $4.29 per kg, and lettuce costs $1.03 to $4.29 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.79 and $2.15, with a monthly pass priced between $39.33 and $46.48.
- Fuel (Gasoline) - Gasoline is priced between $1.15 and $1.32 per liter.
- Taxi Fares - Taxi fares start at $2.37, with a cost of $1.43 to $1.96 per km and $27.80 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $786.60 to $1072.63, averaging $875.98.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $715.09 to $1430.18, averaging $1072.63.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1179.90 to $2145.26, averaging $1439.11.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1072.63 to $2288.28, averaging $1555.32.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $10726.32.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $7150.88.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $71.51 and $286.04, averaging $147.78.
- Internet - Internet services range from $46.48 to $88.89, with an average cost of $63.13.
Cost of Living Rankings
The cost of living indices for Canada are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Canada, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Vernon offers a relatively affordable cost of living compared to larger Canadian cities, with moderate housing and utility costs.
Dining out can be budget-friendly, especially at casual restaurants, while transportation costs remain reasonable with public transit options.
Grocery prices vary, but essentials like milk and bread are competitively priced, making it easier to manage monthly expenses.
Conclusion
In conclusion, Vernon presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.
Whether you're planning to move or simply exploring options, understanding these costs can help you budget effectively and enjoy all that Vernon has to offer.