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location_city ON vs location_city BC

London vs Nanaimo Cost of Living (2026)

Nanaimo is about 3% more expensive than London, mostly because of rent. A 1-bedroom rents for $1,800 a month in Nanaimo vs $1,750 in London.

The Verdict

Living in Nanaimo is 3% more expensive than living in London overall.

London / month

$2,255

Nanaimo / month

$2,310

Rent, groceries and transit for one person.

Salary match: what you'd need to earn

Salary in London

$100,000

Take-home $74,206 · $6,184/mo

Needed in Nanaimo

$102,655

Take-home $77,257 · $6,438/mo

To keep the same lifestyle in Nanaimo you'd need $2,655 more a year (+3%).

Take-home is after 2026 federal and provincial income tax, CPP/QPP and EI for an employee. Cost of living weighs rent, groceries and transit.

Expense Breakdown

real_estate_agent

Average Rent

1-Bed City Center

London

$1,750

3% more expensive

Nanaimo

$1,800

shopping_cart

Groceries

Monthly Basket (1 Person)

London

$410

2% more expensive

Nanaimo

$420

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Transportation

Monthly Transit Pass

London

$95

5% cheaper

Nanaimo

$90

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