Oak Bay, British Columbia Cost Of Living

C

8%

Overall NAT. AVG.

6%

Groceries NAT. AVG.

9%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2025 and was released from Statistics Canada.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Oak Bay	British Columbia	National
Cost of living	108	117	100
Groceries	106	106	100
Health care	100	100	100
Housing	109	139	100
Transportation	103	103	100
Utilities	105	105	100
Lifestyle & Entertainment	n/a	n/a	n/a
Household Items	n/a	n/a	n/a
Education & Childcare	n/a	n/a	n/a

Cost Of Living Quick Facts

The cost of living in Oak Bay is 8% lower than the British Columbia average
The cost of living in Oak Bay is 8% higher than the national average
Oak Bay housing is 9% higher than the national average
British Columbia general sales tax is 17% higher than the national average
British Columbia state income tax is 40% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

British Columbia Sales Tax

State	General Sales Tax	With Max Surtax
British Columbia	7%	12%

British Columbia Income Tax

State	Income Tax (Low)	Income Tax (High)
British Columbia	5.06%	16.8%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Saanich, BC	125,800	107	7.2%
Malahat 11, BC	179	107	7.4%
Central Saanich, BC	18,572	108	8.0%
Juan de Fuca (Part 1), BC	5,096	109	8.5%
New Songhees 1A, BC	1,935	109	8.7%
Oak Bay, BC	18,885	108	8.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rutherford, NJ	18,891	n/a
St. John, IN	18,872	n/a
Maumelle, AR	18,898	n/a
White Oak, OH	18,862	n/a
San Carlos Park, FL	18,854	n/a
Oak Bay, BC	18,885	108	8.3%

Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.