Is Gastown Expensive?

Vancouver, Canada

+12% vs Vancouver avg

Living in Gastown, Vancouver

Gastown is one of the pricier neighborhoods in Vancouver, with a cost of living index of 73.2 — that is +12% compared to the Vancouver average. It ranks #6 out of 24 areas by cost. Estimated rent for a one-bedroom apartment here is around C$3,184/month, compared to a range of C$2,047 in Surrey to C$3,696 in West Vancouver.

Monthly Budget Breakdown

For a typical resident of Gastown, housing takes up roughly 50% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately C$127,376 before tax.

Typical Salaries in Gastown

Salaries in Gastown reflect the local cost of living. Based on the neighborhood COLI of 73.2:

After tax and deductions of 30.3% in Canada, take-home pay for someone earning C$127,376 would be roughly C$88,781/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

73.2
COLI Index
1.12x
vs City Avg
C$3,184
Est. 1BR Rent
#6
of 24 Areas
30.3%
Total Deductions

Tax & Deductions in Gastown

Estimated annual deductions on a C$74,330 salary in Gastown, Vancouver (local employee).

Income Tax
16%
CPP + EI
6.3%
Provincial Tax (BC)
7.7%
Total Deductions: 30.3%
Est. Take-Home: C$51,784/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Gastown would need to be elsewhere:

City Currency Equivalent
New York USD $54,900
London GBP £47,246
Dubai AED AED 274,708

Other Neighborhoods in Vancouver

Neighborhood COLI Multiplier vs Avg
West Vancouver 85.0 1.30x +30%
Yaletown 81.8 1.25x +25%
Coal Harbour 79.8 1.22x +22%
Kitsilano 75.2 1.15x +15%
Point Grey 75.2 1.15x +15%

View all 24 neighborhoods in Vancouver →

Convert Your Salary

See exactly what you need to earn in Gastown, Vancouver to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Gastown:

Al Khalidiya, Abu Dhabi Chapel Hill, Raleigh Old Town, Edinburgh Subiaco, Perth Applecross, Perth Al Sadd, Doha

Frequently Asked Questions

Is Gastown expensive in Vancouver?

Yes, Gastown is one of the more expensive neighborhoods in Vancouver. It costs about +12% more than the city average, ranking #6 out of 24 neighborhoods.

How does Gastown compare to the Vancouver average?

The cost of living in Gastown is above the Vancouver average. With a multiplier of 1.12x, everyday expenses including rent, food, and transportation are +12% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Statistics Canada · Canada Revenue Agency · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.