How much money do you need to live in Victoria, BC?

A single-person moderate lifestyle in Victoria runs $3,100 per person per month at CostLiving’s benchmark, roughly CAD 4,225. Housing dominates: a one-bedroom in James Bay, Fairfield, Cook Street Village, or downtown Victoria typically runs CAD 1,900 to CAD 2,500 a month, with newer or harbour-adjacent properties at CAD 2,600 to CAD 3,200. Groceries, utilities, transport, and entertainment broadly track the BC average. Budget-tier living on $1,860 (roughly CAD 2,540) a month is achievable with a flatshare or older suite outside the core neighbourhoods. A two-person household typically needs $4,800 to $5,700 for moderate Victoria living, roughly CAD 6,500 to CAD 7,800 combined gross. Victoria runs about $200 a month cheaper than Vancouver at the moderate tier, driven entirely by lower housing pressure. For the full breakdown, see our Victoria cost of living page.