MTC Logo MTC Canada's Finance Hub
Menu
Store: templates & planners
location_city BC vs location_city BC

Vancouver vs Victoria Cost of Living (2026)

Vancouver is about 25% more expensive than Victoria, mostly because of rent. A 1-bedroom rents for $2,800 a month in Vancouver vs $2,200 in Victoria.

The Verdict

Living in Victoria is 20% cheaper than living in Vancouver overall.

Vancouver / month

$4,025

Victoria / month

$3,275

Rent, groceries, transit, utilities, dining and gym for one person.

Salary match: what you'd need to earn

Salary in Vancouver

$100,000

Take-home $75,373 · $6,281/mo

Needed in Victoria

$79,733

Take-home $60,973 · $5,081/mo

To keep the same lifestyle in Victoria you'd need $20,267 less a year (−20%).

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

Vancouver

$2,800

21% cheaper

Victoria

$2,200

shopping_cart

Groceries

Monthly Basket (1 Person)

Vancouver

$460

2% cheaper

Victoria

$450

directions_transit

Transportation

Monthly Transit Pass

Vancouver

$180

44% cheaper

Victoria

$100

bolt

Utilities

Electricity, Heat, Water

Vancouver

$140

7% cheaper

Victoria

$130

restaurant

Dining Out

Est. Monthly Spend

Vancouver

$380

11% cheaper

Victoria

$340

fitness_center

Gym Membership

Monthly Fee

Vancouver

$65

15% cheaper

Victoria

$55

Advertisement

Which City Should You Choose?

Vancouver, BC: A mild Pacific coastal city known for its outdoor lifestyle and Canada's most expensive housing market.

Victoria, BC: BC's capital on Vancouver Island — mild winters, and rent nearly as high as Vancouver's.

Estimates are based on 2026 average listings and public cost-of-living indices for a single-person household; actual costs vary by neighbourhood and lifestyle.

Frequently Asked Questions

Is Vancouver more expensive than Victoria? expand_more

Yes. Vancouver costs about 25% more than Victoria for a single person, based on 2026 rent, groceries and transit. A 1-bedroom rents for about $2,800 a month in Vancouver vs $2,200 in Victoria.

Is it cheaper to live in Vancouver or Victoria? expand_more

Victoria is roughly 20% cheaper overall once you weigh rent, groceries and transit, based on 2026 estimates.

How much more rent will I pay in Vancouver vs Victoria? expand_more

A typical 1-bedroom city-centre rental runs $2,800/month in Vancouver versus $2,200/month in Victoria.

What salary do I need in Victoria to match my Vancouver lifestyle? expand_more

A $100,000 salary in Vancouver is roughly equivalent to $79,733 in Victoria once you adjust for the local cost of living.

Is Victoria a good place to move to from Vancouver? expand_more

BC's capital on Vancouver Island — mild winters, and rent nearly as high as Vancouver's. Compare the category breakdown above against your own budget before deciding.

Keep going

Plan your move

Advertisement