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For a further look at the poll results, here are five things you need to know:

Reasons to leave

“That’s the least surprising part of this. At dinner parties, we all know that’s what Vancouverites talk about,” Azaroff said.

But the high cost of everything else is also driving the planned exodus (31 per cent), as is the opportunity for a change in lifestyle away from the big city (29 per cent). Meanwhile, better job opportunities elsewhere are the major consideration for 18 per cent of those who expect to leave.

Reasons to stay

For the majority of those who plan to stay in the region, there are four big factors: jobs (57 per cent), lifestyle (56 per cent), family (53 per cent) and friends (51 per cent).

“People are committed to staying because it is a great place to live and so that means they’re going to have to get creative to make ends meet,” Azaroff said.

Paying the rent or mortgage

For those who stay, keeping a roof overhead can mean spending more than the recommended 30 per cent of before-tax income on housing. The average Metro Vancouver millennial devotes about 40 per cent of his or his income to housing each month, and homeowners are particularly strained, spending 43 per cent on their mortgages.

“It is a concern, from a financial literacy point of view,” Azaroff said. “You have to make the numbers balance at the end of the month.”

The tradeoffs

Maintaining those high housing payments means making some sacrifices. The most common tradeoffs millennials make include spending less and eating out less (54 per cent), living in a smaller home (47 per cent), delaying a home purchase (41 per cent), and putting off starting a family (34 per cent).