Living and rental costs in Victoria.
Victoria’s economy is based on government, tourism and high technology, as well as the many retirees attracted by a laid-back lifestyle. However, be prepared for above average living costs if you decide to rent an apartment in Victoria.
Many commodities cost more than on the mainland and house prices are Canada’s third highest after Vancouver and Toronto. As a guide, greater Victoria’s average rent for a two-bedroom apartment was $1,076 in April 2013.
Living on an island also means a social, shopping or business visit to the mainland takes more time and money. The round-trip ferry passage to Vancouver costs over $100 per car, plus about $30 for each adult passenger. Sailing time is about 90 minutes each way, not counting loading and unloading.
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