Cost of living in British Columbia: prices, rent, wages and taxes

Inflation, rents, gasoline, earnings, median income and tuition in British Columbia, from official statistics updated automatically.

Key numbers

IndicatorBritish ColumbiaCanadaPeriod
Inflation over 12 months3.0%3.1%2026-09
Average weekly earnings$1,370$1,3552026-08
Median after-tax income (households)$75,800$75,5002024
Median hourly wage$34.00$32.002026-10
Average undergraduate tuition$7,117$8,0212026
Minimum wage (per hour)$18.25–2026-11
Sales tax (combined)12%–2026-11

Sources: Statistics Canada (updated automatically), official provincial pages and the Canada Revenue Agency.

Rent

City1 bedroom2 bedrooms
Vancouver$1,807$2,364
Squamish$1,626$2,179
Victoria$1,624$2,121
Kelowna$1,597$2,098
Nanaimo$1,527$1,895
Courtenay$1,459$1,691
Kamloops$1,345$1,673
Summerland$1,349$1,671

CMHC average rents, 2025. Renting guide →

Gasoline

CityRegular (¢/L)A year earlier
Vancouver209.5171.5
Victoria210.0172.5

Monthly average, 2026-09. Statistics Canada, 18-10-0001-01.

Compare and calculate

General information, not legal or financial advice. Figures show their source and the date they were read; confirm with the official body before making a decision.

Guides for this province