In 2026, Victoria's rent is $400-$800 cheaper for one-bedrooms and $600-$700 less for two-bedrooms compared to Vancouver, but its rental market is tight. Homeownership costs $200,000-$500,000 less in Victoria, especially in suburbs. Ferry travel adds $400-$2,400 annually and 5 hours per trip. Salaries average $65,000 in Victoria versus $74,000 in Vancouver. Victoria offers better climate and lifestyle; Vancouver has more career opportunities.
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