Is Point Grey Expensive?

Vancouver, Canada

+15% vs Vancouver avg

Living in Point Grey, Vancouver

Point Grey is one of the pricier neighborhoods in Vancouver, with a cost of living index of 75.2 — that is +15% compared to the Vancouver average. It ranks #5 out of 24 areas by cost. Estimated rent for a one-bedroom apartment here is around C$3,270/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 Point Grey, housing takes up roughly 52% 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$130,788 before tax.

Typical Salaries in Point Grey

Salaries in Point Grey reflect the local cost of living. Based on the neighborhood COLI of 75.2:

After tax and deductions of 30.3% in Canada, take-home pay for someone earning C$130,788 would be roughly C$91,159/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

75.2
COLI Index
1.15x
vs City Avg
C$3,270
Est. 1BR Rent
#5
of 24 Areas
30.3%
Total Deductions

Tax & Deductions in Point Grey

Estimated annual deductions on a C$76,361 salary in Point Grey, Vancouver (local employee).

Income Tax
16%
CPP + EI
6.1%
Provincial Tax (BC)
7.7%
Total Deductions: 30.3%
Est. Take-Home: C$53,242/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $56,400
London GBP £48,537
Dubai AED AED 282,214

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%
Gastown 73.2 1.12x +12%

View all 24 neighborhoods in Vancouver →

Convert Your Salary

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

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Point Grey:

Tanglewood, Houston Laurelhurst, Portland Green Hills, Nashville Schwabing, Munich Fitzroy, Melbourne Biltmore, Phoenix

Frequently Asked Questions

Is Point Grey expensive in Vancouver?

Yes, Point Grey is one of the more expensive neighborhoods in Vancouver. It costs about +15% more than the city average, ranking #5 out of 24 neighborhoods.

How does Point Grey compare to the Vancouver average?

The cost of living in Point Grey is above the Vancouver average. With a multiplier of 1.15x, everyday expenses including rent, food, and transportation are +15% 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.