Vancouver, British Columbia, stands as one of Canada's most vibrant and economically significant cities. With its diverse industries, from technology to tourism, understanding the average salary landscape is crucial for professionals, job seekers, and businesses alike. This guide delves into the average salaries in Vancouver as of 2025, providing insights into various sectors and roles.
Overall Average Salary in Vancouver
As of 2025, the average annual salary in Vancouver is approximately $72,406, equating to $37.13 per hour. Entry-level positions start at around $48,750, while seasoned professionals can earn up to $131,784 annually.
Salary Comparison: Vancouver vs. Other Canadian Cities
| City | Average Salary (2025) | Comparison to Vancouver |
| Toronto | $73,000 | Slightly higher |
| Montreal | $71,000 | Slightly lower |
| Calgary | $74,000 | Higher |
| Ottawa | $70,000 | Lower |
Note: These figures are approximate and can vary based on industry and experience.
Average Salaries by Industries in Vancouver
Note: Salaries can vary widely within each industry based on specific roles and experience levels.
Accountants (who fall under Finance and Insurance) are also in demand in Vancouver. Depending on experience level, the average salary for an accountant varies from CAD 47K to CAD 81 K.
Average Salaries by Role
| Role | Average Salary (2025) |
| Software Developer | $109,904 |
| Project Manager | $85,680 |
| Registered Nurse | $75,000 |
| High School Teacher | $70,000 |
| Financial Analyst | $80,000 |
| Administrative Assistant | $42,900 |
Note: These figures are averages and actual salaries can vary based on experience, education, and specific employer.
The average salary of high school teachers in Canada is higher compared to many other countries. In addition to competitive pay, teachers in Canada benefit from pension plans, healthcare coverage, and paid holidays.
In comparison, the United States offers an average salary ranging from $45,000 to $65,000, whereas in Canada, it ranges from $48,000 to $80,000.
Salary Growth Trends
Over the past five years, Vancouver has seen a steady increase in average salaries, attributed to economic growth and demand for skilled professionals.
Note: These figures are illustrative and based on available data trends.
Cost of Living vs. Salary
While Vancouver offers competitive salaries, it's essential to consider the city's high cost of living. Housing, transportation, and other living expenses can significantly impact disposable income.
| Expense Category | Average Monthly Cost |
| Rent (1BR Apt) | $2,311 |
| Utilities | $150 |
| Transportation | $300 |
| Groceries | $400 |
| Entertainment | $225 |
| Total | $3,386 |
Note: These are average estimates and actual costs can vary.
Tips for Maximizing Earning Potential
- Continuous Learning: Pursue certifications and courses relevant to your industry.
- Networking: Engage with professional communities and attend industry events.
- Negotiation: Research market rates and be prepared to negotiate your salary.
- Relocation Considerations: Evaluate job opportunities in areas with a lower cost of living.
Conclusion
Understanding the salary landscape in Vancouver is crucial for career planning and financial management. While the city offers competitive salaries across various industries, it's essential to balance earnings with the cost of living to ensure financial well-being.
As a skilled professional considering a move to Vancouver, staying informed about the latest BC PNP draws is essential. Regular updates help you determine whether your occupation is currently in high demand.