Vancouver reigns as Canada’s most expensive city to live

Vancouver and Toronto have fallen several rankings on Mercer’s 2014 Cost of Living Survey but that doesn’t mean they’re getting any cheaper for Canadians to plant their roots.

The fall is more likely the result of the weakened loonie and sluggish price increases compared to New York, the survey’s base city.

Vancouver ranked in at 96, toppling thirty-two places from last year. Toronto sat at 101 on the list, falling thirty-three spots from 2013.

Both Montreal and Calgary ranked 123 and 125 respectively.

The yearly survey takes a gander at the most expensive cities for expats around the world, considering the comparative cost of more than 200 items from housing to food and entertainment.