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We’ve read enough break-up letters to know that living in Vancouver is no easy feat – but how much does a person actually need to earn to live on the west coast?

If you’re a millennial, the answer is $2,795.64 per month.

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According to a report compiled by insurance comparison site LowestRates.ca, the average millennial – described as those born between 1982 and 2004 – needs to earn about $40,000 before taxes (or $33,547.68 after taxes) annually “to make ends meet in Vancouver.”

Here’s the break-down:

• Housing – $1,929.67

• Phone and internet – $105

• Transportation – $133

• Groceries – $211.97

• Entertainment – $321

• Fitness – $75

• Insurance – $20

Those are just the “basics of a modern life,” according to the report, and doesn’t take into account monthly savings, student debt, travel and a number of other fun, cool things millennials might like to do.

And what about other Canadian cities? In Toronto, the approximate monthly take-home income required is $2,740.48. In Montreal, that figure is $2,003.60 and in Calgary, $1,842.69.

Here’s a closer look at the break-down in other cities:

Expense Toronto Montreal Calgary Housing $1,672.13 $1,162.50 $955.63 Phone and internet $127.50 $112.50 $112.50 Transportation $176.25 $103 $135 Groceries $283.60 $209.60 $223.56 Entertainment $354 $321 $321 Fitness $75 $75 $75 Insurance $52 $20 $20 MONTHLY TOTAL: $2,740.48 $2,003.60 $1,842.69

sip@postmedia.com

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