Victoria indicators

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City property tax on a typical home vs prices

Calculated herePublic, not open-licensedArea: City of Victoria compared with Comparison area: Victoria area (price index) Tax years 2020 to 2025 · Where this covers · How we calculated this

+48% since 2020 (prices +19%)

For context

$2,756 in 2020 → $4,065 in 2025. Grown with prices it would be $3,284

The typical home changes each year

Source: Calculated here from Province of B.C. and Statistics Canada data, Tax years 2020 to 2025 · How we calculated this

What it measures

The City’s general municipal property tax on the Province’s representative house in Victoria, compared with the rise in Victoria consumer prices over the same years.

Why it matters

Property tax is a bill every owner pays directly and tenants pay through rent. Comparing it with prices shows whether it grew faster or slower than other costs. The representative house is re-chosen each year, so this is not one home’s bill.

Over time

City general tax on a representative house, and the 2020 amount grown with prices

  • City general tax, representative house: $4,557 (2026)
  • 2020 tax grown with Victoria prices: $3,284 (2025)
Line chart of 2 lines, 7 periods from 2020 to 2026. City general tax, representative house: starts at $2,756 (2020), ends at $4,557 (2026); highest $4,557 (2026), lowest $2,756 (2020). 2020 tax grown with Victoria prices: starts at $2,756 (2020), ends at $3,284 (2025); highest $3,284 (2025), lowest $2,756 (2020). Every value is in the table.$0$2,000$4,000$6,00020202022202420262020: City general tax, representative house: $2,756; 2020 tax grown with Victoria prices: $2,7562021: City general tax, representative house: $2,992; 2020 tax grown with Victoria prices: $2,8242022: City general tax, representative house: $3,322; 2020 tax grown with Victoria prices: $3,0202023: City general tax, representative house: $3,458; 2020 tax grown with Victoria prices: $3,1322024: City general tax, representative house: $3,757; 2020 tax grown with Victoria prices: $3,2102025: City general tax, representative house: $4,065; 2020 tax grown with Victoria prices: $3,2842026: City general tax, representative house: $4,557

The scale starts at $0. Tap, hover or drag along the chart to see each value.

Reading this page

This page compares two numbers and gives no “better” or “worse” label: property tax pays for City services, and this site takes no position on the right level. The general municipal tax on the Province's representative Victoria house was $2,756 in 2020 and $4,065 in 2025 (+47.5%). Victoria's consumer price index rose +19.2% over the same years (130.4 to 155.4). In 2020 dollars, the 2025 tax is $3,411, +23.8% above the 2020 amount. 2026 tax: $4,557 (the 2026 price index is not published yet). The rules.

How we calculated this

Calculated herePublic, not open-licensed This figure is not published by an agency as is. It is calculated here, by script, from the public data listed below. It belongs with Prices vs a year ago.

Formula

Tax change = tax in 2025 ÷ tax in 2020 − 1. Price change = price index 2025 ÷ price index 2020 − 1. 2020 tax grown with prices = tax 2020 × price index in the year ÷ price index 2020.

With the latest numbers

  • Tax: $4,065 ÷ $2,756 − 1 = +47.5%.
  • Prices: 155.4 ÷ 130.4 − 1 = +19.2%.
  • $2,756 × 155.4 ÷ 130.4 = $3,284.

Inputs

Keep in mind

  • Calculated here. The tax is the “General Municipal” column of the Province's Schedule 704 for Victoria: the City's own general tax on a representative house. School, regional district, hospital and other levies and utility charges are not included.
  • The representative house changes every year: it is the average assessed value of a single-family home in that year (2020: $884,826, 2021: $928,811, 2022: $1,150,024, 2023: $1,230,097, 2024: $1,228,984, 2025: $1,204,449, 2026: $1,223,948). Part of the change reflects that, so treat the comparison as indicative.
  • Police costs are part of the City's general tax.
  • Prices are Statistics Canada's annual average consumer price index for Victoria.

Retrieved Nov 11, 2026, 1:32 AM B.C. time. This page’s data and calculation (JSON).

Source

Calculated here from
Province of B.C., Local Government Statistics, Statistics Canada
Licences
Open Government Licence - Canada
Public data, not under an open licence. Used with attribution. Terms: Province of B.C., Local Government Statistics
Period
Tax years 2020 to 2025
Updated
Annually (Province updates Schedule 704 each summer; price index each January)
Retrieved
Nov 11, 2026, 1:32 AM B.C. time

Adapted from Statistics Canada, table 18-10-0005-01. This does not constitute an endorsement by Statistics Canada of this product.

Text checked in the agency’s document

The script reads the agency’s own document each time and refuses to show a number unless this text is found.

  • Schedule 704 2020, row 'Victoria': House Value 884,826, General Municipal 2,756
  • Schedule 704 2021, row 'Victoria': House Value 928,811, General Municipal 2,992
  • Schedule 704 2022, row 'Victoria': House Value 1,150,024, General Municipal 3,322
  • Schedule 704 2023, row 'Victoria': House Value 1,230,097, General Municipal 3,458
  • Schedule 704 2024, row 'Victoria': House Value 1,228,984, General Municipal 3,757
  • Schedule 704 2025, row 'Victoria': House Value 1,204,449, General Municipal 4,065
  • Schedule 704 2026, row 'Victoria': House Value 1,223,948, General Municipal 4,557
Show the numbers as a table
City general tax on a representative house, and the 2020 amount grown with prices (newest first)
PeriodCity general tax, representative house2020 tax grown with Victoria prices
2026$4,557–
2025$4,065$3,284
2024$3,757$3,210
2023$3,458$3,132
2022$3,322$3,020
2021$2,992$2,824
2020$2,756$2,756

Where this covers

Area: City of Victoria

The City of Victoria municipality only, all neighbourhoods.

Included

  • All City of Victoria neighbourhoods, including Downtown, James Bay, Fairfield, Fernwood, Oaklands, Hillside/Quadra, North Park, Burnside, Victoria West, Rockland, Jubilee and Gonzales

Not included

  • Saanich, Oak Bay, Esquimalt, Langford and every other municipality in the region

Official definition

Shown for comparison

  • Comparison area: Victoria area (price index) Statistics Canada’s consumer price index for Victoria: prices collected in the Victoria urban area, not the City alone.

How the agency describes it: City of Victoria (tax); Victoria consumer price index area (prices).

Connected to: Municipal (City budget and tax rates), Property assessments (BC Assessment). This is a label, not a judgement.