10 Most Expensive Cities to Live in Canada

3. Victoria

Household expenditure: 84,515; Rank: 3

House price: 528,564; Rank: 3

Average rank: 3

Victoria, the capital city of British Colombia, has a population of 344,615 (Greater Victoria). The city has the smallest median household income ($47,652), so it is no wonder that this is the place where residents spend 7.5 years before buying a home whose average price is $528,564. If you undermine high costs of living, you will discover many positive aspects of life in Victoria including mild temperatures, low taxes, proximity to Vancouver, beautiful historical landmarks.