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The average cost of living in Victoria is $2523.35 per month.
With a population of 385,999, Victoria stands as the 7th most densely populated city of Canada with an area of about 19.47 Km2 along with the metro area expanding outwards up to 696.15 Km2. The city is the capital of the province of British Columbia and situated on the southern tip of Vancouver Island, making it the southernmost major city in western Canada. The city has a distinct honor of being name after Queen Victoria and is one of the earliest British settlements dating back to 1843.
Among the most famous historic landmarks of this island include the Parliament Buildings of the Legislative Assembly and the Empress Hotel. The beautiful city of Victoria is also known as the garden city and is a popular tourist destination. The technology sector of the city has become its largest revenue-generating private industry, helping it to make its way in the top 20 list of the best cities in the world to live in (in terms of quality of life).
Given below is a table that lists down the average prices of different types of apartments, their rents, and their costs in the city of Victoria.
| City District | Studio | 1 Bedroom | 2 Bedroom |
| Downton Victoria | $1350 | $1700 | $2300 |
| James Bay | $1250 | $1700 | $2260 |
| Fairfield | $1240 | $1906 | $2750 |
| Harris Green | $1526 | $1740 | $2325 |
| Jubilee | – | $1702 | $1800 |
| Fernwood | $1200 | $1493 | $1890 |
The average rent cost for a 1-bedroom apartment in Victoria is $1706.
(*Zumper)
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Being situated in the province of British Columbia, the average rate of electricity for the city of Victoria is the same as for the whole province i.e. 12.0¢/kWh, which is one of the modest rates in comparison to provinces like Nunavut standing at 37.5¢/kWh and Northwest Territories at 38.7¢/kWh. If your apartment or house is averagely consuming around 1000kWh, your electric bill will come around $120.
For an 85m2 apartment, the collective bill of all the utilities is averaged around $100-$120 which includes heating, cooling, garbage, water, etc. The average monthly cost of a utility bill in BC is $296. Electricity may or may not be added to this figure depending upon the rate of consumption.
As for monthly home insurance rates, throughout the province of British Columbia, if you are living on rent, it is likely that you will be paying home insurance somewhere in-between $16-$40. As for insurance rate if you are a homeowner, the rates vary depending upon the value of the property owned; please consult the table below.
Property Value | Average Home Insurance Rate |
<100K | $43 |
100 – 300K | $51 |
300 – 700K | $87 |
700K – 1.5 M | $130 |
1.5 – 5 M | $155 |
The average home insurance + utilities cost in Victoria for a 1 bedroom condo is $130 per month.
(*Insureye)
The transit service that runs in the city of Victoria is run by the BC Transit service. Their fleet consists of High Capacity Double-Decker buses, Heavy-Duty buses, medium-duty buses, and light duty buses. For fare rates, consult the table below.
For the average cost of public transport in the city of Victoria, consult the table below.
For Adults
Cash fare | $2.50 |
10 Tickets | $22.50 |
Daypass | $5.00 |
Monthly Pass | $85.00 |
For Seniors (65+)
Cash fare | $2.50 |
10 Tickets | $22.50 |
Daypass | $5.00 |
Monthly Pass | $45.00 |
For Youth (18 or under)
Cash fare | $2.50 |
10 Tickets | $22.50 |
Daypass | $5.00 |
Monthly Pass | $45.00 |
Students (Post-Secondary)
Cash fare | $2.50 |
10 Tickets | $22.50 |
Daypass | $5.00 |
Monthly Pass | Consult with school Authorities |
U-Pass | Consult with School Authorities |
Children (5 and under): Free when accompanied by a paying adult
Handydart
Passenger | $2.50 |
Friend | $2.50 |
10 Tickets | $22.50 |
Adult Monthly Pass | $85.00 |
Youth/Senior Monthly Pass | $45.00 |
Attendant | Free |
Cost of The Public Bicycle Sharing System
You will be glad to know that in terms of micro-mobility, the city of Vitoria is blessed with a dockless bike-sharing system where U-Bicycle North America introduced its services in 2017. So far, they have over 500 bicycles that are serving a number of municipalities. The citizens can easily download the app for using the bikes and get themselves registered. The charges may vary from one municipality to another.
Car Parking Rates
The rates for parking cars vary as per zones. Regarding on-street parking, amidst the novel COVID-19, there are no charges for it from 6 PM to 9 AM. Besides the Johnson street parkade, parking in all parkades is also free. There is a four-hour time limit for on-street parking on Sunday, with a fee of $2 per hour in a 90-minute zone and $1 per hour in other areas of downtown. From 9 AM to 6 PM, on-street parking may cost as much as $1.50 to $3 per hour with a 90-minute limit. Besides paying with money, residents can also pay with the ParkVictoria App.
Car insurance rates in Canada vary from one province to another. Unfortunately, car insurance rates in the province of British Columbia are the highest, landing at a staggering $1832.
The BC Transit monthly pass price is $85.
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Victoria is full of beautiful locations to visit and a lot of places to keep yourself entertained. This includes outing with friends, significant other, or just by yourself; but it is still a bit expensive. Considering the essentials only, the average cost of entertainment around the city of Victoria includes:
Considering at average cost, if you have had 4 beers, 1 restaurant visit with friends, visited the cinema 2 times, and have had 4 regular restaurant meals per month, that can cost you about $236.
The average cost of entertainment in Victoria is $236 per month.
(*Numbeo)
Grocery includes items such as fruits, vegetables, meat, eggs, milk, and others. Cost for some regular groceries that may averagely be purchased include:
| Items (1 kg) | Prices |
Milk (1 Liter) | $3.07 |
Loaf of bread | $3.65 |
Rice | $5.97 |
Dozen Eggs | $4.53 |
Local Cheese | $16.37 |
Chicken | $17.22 |
Beef round | $16.61 |
Apple | $4.24 |
Banana | $1.71 |
Orange | $4.19 |
Tomato | $6.51 |
Potato | $2.77 |
Onion | $2.42 |
Head of Lettuce | $3.12 |
Water Bottle 1.5L | $2.65 |
Cigarette 20 Pack | $16 |
The average cost of groceries for 1 person in Victoria is $226.35 per month.
(*Numbeo & Statistics Canada)
There are plenty of internet service providers in Victoria as well as cellphone service providers with different packages that are sure to meet everyone’s needs. Considering a general 60 Mbps connection with unlimited download, it will cost you around $75-$80 on average. Whereas 1 minute of the prepaid cost with no plan or discount will cost you around $0.30.
Internet costs an average of $75 per month for 60 Mbps in Victoria.
(*Numbeo)
In terms of fitness and personal care, a one-month fitness club fee averages around $50-60 per month. Several other things that one might consider for personal healthcare. As for healthcare, you are covered with Canada universal healthcare. Having personal insurance is still highly recommended for other personal care services such as the dentist and the optometrist.
The average cost of a gym membership in Victoria is $55 per month.
(*Numbeo)
There are three types of sales taxes in Canada. In the province of British Columbia, they have PST and GST that are set at about 7% and 5% respectively, coming to a total of 12%. Applicable tax on the taxable income includes.
One may argue that the taxes in some provinces are higher in comparison to others, but due to the additional services that are offered to the residents by the provincial government.
If you plan on moving to Victoria, then you can calculate the average cost of living in the city using the provided table and selecting the rates along with respective items, and finding the total sum which may vary from one person to another.
Housing
Average rent price for a 1 bedroom apartment + Insurance + Average utility cost
$1706+ $30 + $110
Transportation
BC Transit
$85
Food
Regular grocery basket for one person
$226.35
Phone
Unlimited mobile plan
$75
Entertainement
Monthly cost (see above)
$236
Health and Fitness
The average cost of a Fitness membership
$55
Note: If you are sharing cost with someone, it will be significantly lower. Also, if you are budgeting for a family, you’ll need to add the cost of each family member.
This is an approximation. Price will vary.
Moving is often synonymous of stress, long administrative tasks and a significant waste of time and money. MovingWaldo helps you solve all these problems in just a few clicks! After some shameless self-promotion, we invite you to discover our free moving tools available to all.
We bring together more than 700 organizations across Canada with a single and simplified form.
You have ever wondered how approximately 1 million people live in Victoria? Well, this “garden city” is an attractive tourism destination with over 3.5 million overnight visitors per year and a flourishing technology sector. Other thriving sectors include food, education and governmental services.
Easily compare multiple quotes
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MovingWaldo is a one-stop-shop that simplifies tackling moving tasks
What is MovingWaldo?
We guide millions of families through each step of their moving process, helping them save time and money, and making sure nothing gets left behind.
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