Business Costs

Business Costs With business costs lower than the US, Canada ranks highly among all other countries rated in KMPG’s Competitive Alternatives study. Vancouver, with an index of 94.6, is the closest major city to Chilliwack. However, Chilliwack has significantly lower land and facility costs, and as such would be closer to the Canadian average index […]

Cost of Living

Housing Costs Source: Chilliwack and District Real Estate Board Fraser Valley Real Estate Board Real Estate Board of Greater Vancouver June 2022 The cost of living in Chilliwack is lower than Vancouver, primarily due to lower land values. The average cost of a single-family detached home in Chilliwack is $1,011,000. Average monthly shelter costs for owned dwellings in […]


Wages & Income The median household income in Chilliwack is $85,000 per year (2021 Census), which is comparative to other cities of its size and distance from a major urban centre. British Columbia’s minimum wage is $16.75 (CAD) per hour. Payroll Employers must deduct Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums and income […]

Taxation & Fees

Development Cost Comparison When construction value exceeds $50,000, property developers must pay a Development Cost Charge (DCC) prior to obtaining a Building Permit. These fees are used to fund capital improvements to the sewer, water, drainage, and road infrastructure and the acquisition of parkland and open spaces. The table and chart below displays a comparison […]