Cost of living
Cost of living in Victoria
Average rent and household spending in Victoria — and a quick check of whether your rent is reasonable for your income.
Average rent in Victoria
CMHC, apartment structures of three units and over.
| Bachelor | $1,349/mo |
|---|---|
| 1 bedroom | $1,624/mo |
| 2 bedroom | $2,121/mo |
| 3 bedroom | $2,742/mo |
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Check your rent in Victoria
That's about average for Victoria ($2,121).
City comparison
How Victoria compares
A one-bedroom in Victoria averages $1,624 a month, the 3rd most expensive of the 18 cities we track and $217 above the 18-city average of $1,407.
Keeping rent under the 30% guideline takes a gross income of about $64,960 a year for a one-bedroom here, and about $84,840 for a two-bedroom.
The median individual income in Victoria is $53,420, so an average one-bedroom takes 36% of a median earner's gross income: stretched.
Household spending in British Columbia
Average household, per year (Survey of Household Spending).
Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.
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