60,000 CAD
60K will be tough especially if you are starting from scratch and need to get a car, home, furnishing, car seat, basic furnishings, etc. Gas is normally very expensive in BC although we are currently going through an anomaly. It is doable but with very few extras. Is there a reason you are moving to Vancouver and now with very young child. Definitely easier in other regions or when you have a child going to school and can have a second income.
Gas is still more expensive than most places in Ontario despite the anomaly. Many people fill pump across the border.
60K will be tough especially if you are starting from scratch and need to get a car, home, furnishing, car seat, basic furnishings, etc. Gas is normally very expensive in BC although we are currently going through an anomaly. It is doable but with very few extras. Is there a reason you are moving to Vancouver and now with very young child. Definitely easier in other regions or when you have a child going to school and can have a second income.
Not everyone has the time togo across the border and especially if OP is planning on a relatively long commute gas can become a pretty expensive monthly budget item in BC. With a 60K salary should also try to purchase a car that is more fuel efficient.
How long is relatively long?
Its initial settlement amount, that OP needs to live in BC, without any salary, for 1 yr.
(rent+transit+day to day expenses)
Assume you have googled some price comparison/cost of living sites already. Anyone can come here and say how much they might spend but that would be influeneced by different lifestyles people have
For example a few of many sites
https://www.expatistan.com/cost-of-living/vancouver
https://www.numbeo.com/cost-of-living/in/Vancouver
https://www.costofliving.workbc.ca/
Hi!
living in port moody (30min drive from vancouver downtown) we are family of 4. our income is about 90k after tax.
we are living here for 3 years now. if i were you i would consider different location.
its very expensive, spending lots of time in traffic, every place you go is crowded, schools are underfunded etc.
we are moving out in one week. i don't really getting why people wants to live here.