Average rent for a two-bedroom in Vancouver leaves most folks broke

In October 2023, rent in Vancouver has increased significantly, with the average rent for a two-bedroom apartment reaching $3,908, a 0.7% increase month-over-month and 11.1% year-over-year. Combined with other expenses, the annual amount for a single person in BC is $63,240, leaving little to nothing for a single person with an average salary of $63,087.