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When it comes to discretionary income, millennials living in Vancouver fare far worse than their counterparts across the country.

In fact, according to a new report by Vancity, a typical millennial couple — those between the ages of 25 and 34 — buying a home at an average price in Vancouver will have no discretionary income and will rack up debt of $2,745 per year after paying for essential expenses including taxes, health care, food, utilities, transit costs, clothing and housing.

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By comparison, Edmonton has the highest discretionary income in Canada for a typical millennial couple: $47,356.

The report, No Funds City: Why Vancouver Millennials Have the Lowest Discretionary Income in Canada, found that Vancouver millennials have the least amount of discretionary income compared with their counterparts in nine other Canadian cities.

Among other things, the report also concluded that in 2015, a typical Vancouver millennial household of two earned $72,291 — the second-lowest rate in Canada — while annual costs for an average home in Metro Vancouver in 2016 is $44,354, the highest in the country.