Define specific quality of life factors, instead of talking about a number.
In Toronto, you can get a decent detached house in a downtown blue-collar neighbourhood or (a nicer one in the 'burbs) for under 500k.
You can get a beautiful home in an elite neighbourhood for 750k.
The house I live in now is "valued" at $500K and is nowhere special, but it's awesome.
Interestingly, it looks like prices in my old neighbourhood are roughly the same, to 50k higher.
However, in the new neighbourhood things are up 150k+
Then I moved to Palo Alto. Now that's expensive. :P
Sidenote: the job market of Vancouver is much slower and lower paying than what's happening state side.
Translates to:
"I bought a place 10 years before the epic bubble of bubbles."
Vancouver real estate is INSANITY.
http://www.crackshackormansion.com/
The worst part about that site: It's a year old. It's worse now.
Car? If you are in the city you cab or mass.
$100,000.000
Classic what you own ends up owning you. Bartender classic, makin decent doe, anyone can get stuck. All of a sudden its a big risk to leave, with all your obligations you've acquired by making a bit, doesn't matter how much it's at every pay rate.
REF: I live outside nyc in Bergen County NJ, 30min car ride, $500 a room in a 2 bedroom. I can't grab a nyc pay? Train or bus in even with no car.