City Cost Report
Toronto skyline
Toronto
Victoria skyline
Victoria
VS

Victoria is 15% cheaper than Toronto overall.

TorontoVictoria
Rent (1BR City Centre)$2,450.00 CAD$2,100.00 CAD
Rent (1BR Outside Centre)$2,100.00 CAD$1,800.00 CAD
Groceries Index108107
Monthly Transit Pass$156.00 CAD$90.00 CAD
Utilities (monthly)$160.00 CAD$120.00 CAD
Gas (per litre)$1.65 CAD$1.90 CAD
Mid-range Meal$28.00 CAD$28.00 CAD
Gym Membership$70.00 CAD$55.00 CAD
Childcare (monthly)$1,750.00 CAD$1,200.00 CAD

Each city is shown in your selected currency (toggle CAD/USD in the header); cheaper values are highlighted after converting to a common currency. Updated June 2026.

Salary Equivalence Calculator

If you earn $in Toronto...

You would need $51,033 in Victoria to maintain the same lifestyle.

Frequently asked questions

Is Toronto cheaper than Victoria?

Victoria is 15% cheaper than Toronto overall.

How much is rent in Toronto vs Victoria?

A one-bedroom in the city centre averages $2,450 CAD per month in Toronto and $2,100 CAD in Victoria. Outside the centre, it is $2,100 CAD in Toronto and $1,800 CAD in Victoria.

What salary do I need to move from Toronto to Victoria?

On average, you need about 85% of your current salary — for example, $60,000 in Toronto is roughly equivalent to $51,033 in Victoria.

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