British Columbia · Rent survey October 2025

Cost of living in Victoria

In October 2025, the average two-bedroom rent in Victoria was $2,121 a month, +6.3% in a year and +40.9% in five. At the British Columbia average wage that is almost 56 hours of work a month.

2-bedroom rent$2,121
Hours of work56 h
Vacancy rate3.1%
People per new home0.9

Rent

Rent in Victoria

October 2025 · average rent of occupied units

Average monthly rent by unit size and hours of work at the provincial average wage, Victoria, October 2025
UnitAverage rentHours of work
Bachelor$1,34936 h
1 bedroom$1,62443 h
2 bedrooms$2,12156 h
3 bedrooms$2,74272 h
2-bedroom, October 2015
$1,129 · 44 h
2-bedroom, October 2025
$2,121 · 56 h
Average two-bedroom rent in Victoria, October of each year
Show the data as a table
Average two-bedroom rent in Victoria, October of each year
Month2-bedroom rent
October 2015$1,129
October 2016$1,187
October 2017$1,287
October 2018$1,403
October 2019$1,454
October 2020$1,505
October 2021$1,570
October 2022$1,701
October 2023$1,842
October 2024$1,995
October 2025$2,121

Hours of work use the British Columbia average hourly wage for each year ($37.95 in 2025), before tax; city wages are not published. Average rents include long-time tenants; rents asked for vacant units are usually higher.

Latest data: 2025Sources

Source: Canada Mortgage and Housing Corporation data via Statistics Canada, Table 34-10-0133-01, Table 34-10-0127-01; Statistics Canada, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 34-10-0133-01, Table 34-10-0127-01, Table 14-10-0063-01, 2025. This does not constitute an endorsement by Statistics Canada of this product. Data produced by Canada Mortgage and Housing Corporation.

Housing supply

New homes vs population growth

July 2024 to July 2025

Population (2025)
445,090
Population change
+3,129
Completed homes
3,648
Completions per 1,000
8.3
Starts, 12 months to Aug 2026
3,411

0.9 people were added for every completed home. Population is the census metropolitan area estimate for July 1; completions are counted over the same twelve months.

Latest data: 2025Sources

Source: Statistics Canada, Table 17-10-0148-01; Canada Mortgage and Housing Corporation data via Statistics Canada, Table 34-10-0154-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 17-10-0148-01, Table 34-10-0154-01, 2025. This does not constitute an endorsement by Statistics Canada of this product. Data produced by Canada Mortgage and Housing Corporation.

Gasoline

Gas in Victoria

August 2026

Regular, per litre
201.2¢
12-month change
+19.1%
50 L fill-up
$100.60
Work time
2 h 34 min
Latest data: August 2026Sources

Source: Statistics Canada, Table 18-10-0001-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0001-01, Table 14-10-0063-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.

Crime

Is crime rising in Victoria?

Crime Severity Index, 2025

Crime Severity Index
74.6
Violent
85.4
Non-violent
70.9
1-year change
+4.8%
10-year change
+6.2%
Crime Severity Index, Victoria and Canada, 1998 to 2025
  • Victoria74.6
  • Canada75.0
Show the data as a table
Crime Severity Index, Victoria, each year
MonthVictoriaCanada
January 1998145.4118.8
January 1999141.8111.2
January 2000123.1106.7
January 2001117.3105.3
January 2002113.5104.1
January 2003113.7106.8
January 2004116.2104.1
January 2005108.1101.3
January 2006117.0100.0
January 2007107.995.3
January 2008103.390.6
January 200993.287.8
January 201087.382.9
January 201172.977.6
January 201270.375.5
January 201357.868.9
January 201460.966.9
January 201570.270.4
January 201662.172.0
January 201760.473.6
January 201863.775.6
January 201973.779.7
January 202075.873.9
January 202172.774.9
January 202274.978.7
January 202380.281.3
January 202471.278.8
January 202574.675.0

The Crime Severity Index weighs police-reported crimes by how serious they are, so a few serious crimes count more than many minor ones; Canada in 2006 = 100. City figures cover the police services of the census metropolitan area. Year-to-year moves can be noisy; the long trend is more meaningful.

Latest data: 2025Sources

Source: Statistics Canada, Table 35-10-0026-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Crime severity index and weighted clearance rates, Canada, provinces, territories and Census Metropolitan Areas, 2025. This does not constitute an endorsement by Statistics Canada of this product.

Crime across Canada