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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Can you afford Victoria on a CA$120K salary? Rent would be 23% of gross monthly income — within the recommended 30% threshold. Budget breakdown vs British Columbia peers below.
Can you afford Victoria on a CA$120K salary? Rent would be 23% of gross monthly income — within the recommended 30% threshold. Budget breakdown vs British Columbia peers below.
Victoria: cost index 120 (+14 vs national avg 106), rent $2,300/month.
British Columbia region average cost index: 126. Victoria is -6 vs region peers.
Quality of life: 66/100 — safety 72, healthcare 80, walkability 72.
Safety score: 72/100 (crime rate 45.2/1k). National average: 63/100.
On a CA$120K salary, rent in Victoria is 23% of gross monthly income — within the 30% rule.
One stat flips the usual narrative: Victoria has a cost index of 120 — 14 points above the Canada national average of 106. Median income is $76,000 with rent at $2,300/month, putting the rent-to-income ratio at 36%. Financially, that's significant.
On quality of life, Victoria scores a composite score of 66/100 — reflecting its safety (72), healthcare (80), and walkability (72) metrics. Zooming out, affordability and QoL don't always move in the same direction, and Canada is a good example of that tension.
Victoria — cost index 120, rent $2,300/mo, income $76,000, QoL 66/100.
Surrey — cost index 124, rent $2,420/mo, income $74,000, QoL 54/100.
Vancouver — cost index 134, rent $2,850/mo, income $80,000, QoL 59/100.
Victoria has a cost index of 120 (national avg: 106), rent $2,300/mo, median income $76,000/yr, and a quality of life score of 66/100.
In Victoria, rent would be about 23% of your gross monthly income on CA$120K. Well within the recommended 30% threshold.
The British Columbia region of average QoL score is 60/100. Victoria leads with 66/100, reflecting safety, healthcare access, walkability, and green space.
Our index is benchmarked to 100 (national median). Sub-categories cover housing, food, transport, utilities, and healthcare. Data sources include Statistics Canada, CMHC, CRA.
Victoria: cost index 120, rent $2,300/mo, income $76,000/yr, QoL 66/100. Surrey: cost index 124, rent $2,420/mo, income $74,000/yr, QoL 54/100.
This analysis uses data from Statistics Canada, CMHC, CRA to rank cities in Canada. The cost of living index is benchmarked to 100 (national median). Quality of life scores combine safety, healthcare, walkability, air quality, green space, and transit metrics. Salary ranges use national occupation data adjusted for local cost differences. Data is updated regularly to reflect current market conditions.