Metro Vancouver’s living wage has risen 5% since the last survey

One thing is for sure about living in Vancouver: it is not cheap and it is getting more expensive.

The level wage in Metro Vancouver has risen markedly since the last time it was measured in 2019, thanks to increases in housing and telecommunications costs, according to a new report from the Canadian Center for Policy Alternatives and Living Wage for Families BC.

For 2021, the living wage in Metro Vancouver is $ 20.52.

That is an increase of $ 1.02 per hour (5%) from the 2019 level. The CCPA did not calculate the wage in 2020 because the COVID-19 pandemic caused unprecedented disruption to work and family finances.

The level wage in Metro Vancouver is also much higher than BC’s minimum wage of $ 15.20. In addition, BC’s minimum wage was lower than the living wage in all the cities CCPA looked at:

  • Fraser Valley: $ 16.75
  • Greater Victoria: $ 20.46
  • Nanaimo: $ 16.33
  • Comox Valley: $ 16.44
  • Sunshine Coast: $ 19.79
  • Kelowna: $ 18.49
  • Penticton: $ 18.55
  • Revelstoke: $ 19.51
  • Nelson: $ 19.56
  • Golden: $ 19.46
  • Trail: $ 18.15
  • Grand Forks: $ 17.21
  • Columbia Valley: $ 17.18
level salary card

A Map of Hourly Wages in BC Society (CCPA)

The level wage is calculated as the hourly rate each of two working parents with two young children must earn to cover their basic expenses – so two wage earners who earn a level wage are needed to make a family work comfortably.

Basic expenses include rent, childcare, food and transportation when public taxes, credits, deductions and subsidies are applied.

“The reality is that a number of families across BC are earning less than a living wage and struggling to cope with rising living costs, particularly housing costs,” Living Wage for Families BC organizer Anastasia French said in a press release.

The highest increases since the last calculation were housing and communications. Housing remains the most expensive item in a Metro Vancouver family budget, rising 8.6% since 2019. Telephone and Internet bills also rose 6% in that time frame.

At the same time, the new BC Child Opportunity Benefit and Elimination of MSP Prizes helped families with children.

“These changes have helped offset the increase in family spending since 2018, which has improved the affordability of modest and middle-income families with young children, demonstrating the strength of good public policy to make life more affordable for families,” French said.

The organizations are urging employers to pay people living wages in their communities, and are urging the government to implement universal childcare at $ 10 per child. day as soon as possible.

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