A single-person moderate lifestyle in Victoria runs $2,550 per person per month at CostLivingโs benchmark. Housing dominates: a one-bedroom in James Bay, Fairfield, Cook Street Village, or downtown Victoria typically runs $1,392 a month on average, with newer or harbour-adjacent properties commanding premium rates. Groceries, utilities, transport, and entertainment broadly track the BC average. Budget-tier living on $1,530 a month is achievable with a flatshare or older suite outside the core neighbourhoods. A two-person household typically needs $5,100 to $6,050 for moderate Victoria living combined gross. Victoriaโs moderate tier aligns closely with Vancouver at similar price points, as regional housing pressures have evolved. For the full breakdown, see our Victoria cost of living page.
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How much money do you need to live in Victoria, BC?
City North America
Updated September 2026