Vancouver is the most expensive city in Canada, despite our high housing costs Vancouver has not ranked as one of the most expensive cities in the world. In fact, Vancouver is way down the list at #119 rubbing shoulders with Kuwait City and Cairo, Egypt.
The survey run by The Mercer 2015 Cost of Living Survey, is meant to provide a guideline for international workforce compensation - but many are simply curious to see how far their dollar goes. Using the U.S. Dollar and New York City as a base, the cost of over 200 goods and services in 360 cities have been analyzed.
In terms of Canada, Vancouver is the most expensive while Toronto came in at #126, Montreal at #140, Calgary at #146 and the cheapest city being Ottawa at #162. The survey does bring good news: Vancouver is getting less expensive compared to the rest of the world - in the 2014 survey we placed #96.