What’s the real earning potential in Victoria, BC, in 2025? As one of Canada’s most desirable cities to live and work, Victoria offers a mix of career paths—but what does that mean for your paycheque? Whether you’re new to the city or planning your next career move, understanding the average salary in Victoria can help you make smarter financial decisions.
From healthcare and education to retail and tech, salaries vary widely across the region. Jobs like registered nurse (RN), psychiatric nurse, consultant, or sales associate all come with different pay scales, and even part-time roles like nanny, babysitter, or customer service rep contribute to the city’s wage trends. With a rising cost of living, many use tools like a salary calculator or cost of living calculator to estimate what kind of income is needed to stay comfortable.
Housing, transportation, and grocery costs all factor into what your wage is really worth in this city. Whether you’re earning per hour or per year, or looking for a niche role like a currency trader or store manager, Victoria’s wage data gives important insight into life and work here. Ready to see how your income compares to the average yearly salary in Victoria—and how that affects your future in this coastal city? Read on to learn more!
What is the Average Salary in Victoria, British Columbia
As of April 25, 2025, the average annual salary in Victoria is $54,007, based on millions of active job postings in the area. That equals about $25.96 per hour, or roughly $1,038 per week and $4,500 per month. Salaries across the Victoria area vary depending on experience, occupation, and employer, but most fall between $39,500 and $67,250 annually.
Some of the top-paying jobs in Victoria include Psychiatrist, Psychiatric Nurse, and Power Engineer. These figures provide a useful benchmark for both job seekers and employers in the Victoria job market.
Victoria Salary Breakdown
- Average Annual Salary: $54,007
Based on full-time roles across the Victoria area - Hourly Equivalent: $25.96
Useful for calculating part-time or hourly wages - Weekly / Monthly Pay: $1,038 / $4,500
Derived from the average annual salary - 25th Percentile Salary: $39,500
Lower end of the salary range in Victoria - 75th Percentile Salary: $67,250
Higher earning professionals or experienced workers - Top-Paying Job Titles: Psychiatrist, Psychiatric Nurse Practitioner, Power Engineer
Highest listed earners in Victoria job postings
This data offers a realistic look at what workers are earning in Victoria. Whether you’re hiring, job hunting, or budgeting, these salary figures serve as a helpful reference point for the local labour market.
What Affects Salary Expectations and Take-Home Pay in Victoria, BC
Salary expectations and take-home pay in the Victoria area vary widely based on several important factors. While the average Victoria salary is approximately $54,007 per year, many elements influence whether someone earns a good salary in Victoria or falls below the average.
Employer and Industry
The type of employer plays a big role in salary differences. For example, healthcare employers such as oncology clinics or facilities offering radiation therapy often pay competitive wages for positions like RN or specialized nurses. Meanwhile, jobs like city manager or HR roles may offer steady incomes with benefits, contributing to the average household income in Victoria. Employers offering part-time or live-out nanny positions, or sitter roles, usually pay less than full-time professional jobs.
Occupation and Job Type
Salaries in Victoria vary significantly depending on the profession. High-paying roles, such as psychiatrists are among the top earners in the city, often well above the Canadian average. In contrast, positions like baristas or warehouse clerks generally fall below the city’s average income. Salary comparisons show that professionals in healthcare, technology, and education tend to earn average or above-average wages in Victoria, BC.
Experience and Years in Canada
The number of years someone has worked in Canada, or specifically in Victoria, also impacts salary expectations. Those with more experience in their field or longer years in Canada typically earn higher wages. For example, an RN or radiation therapy specialist with several years in Victoria will generally make more than newcomers. Experience directly influences whether a salary meets or exceeds the average salary in Victoria or falls below it.
Employment Type and Work Arrangement
Whether a job is full-time or part-time affects the total salary and take-home pay. Part time positions, including some live-out nanny or sitter roles, may offer flexibility but lower income compared to full-time employment. Remote forex or other remote roles might provide variable pay based on performance, differing from fixed salaries typical of government or healthcare jobs.
Family and Personal Circumstances
Family residing in Victoria and individual tax situations can influence take-home pay. Families may qualify for specific tax credits or deductions, which can affect net income. The average household income in Victoria reflects combined earnings and helps measure economic well-being in the area.
Cost of Living in Victoria
The cost of living in Victoria plays a critical role in how manageable a salary feels, especially for those supporting a family in Victoria. While $54,007 may seem close to the Canadian average salary, high housing prices, childcare costs, and everyday expenses in the Victoria area often place pressure on household budgets. For workers in lower-paying roles such as nanny in Victoria or sitter wanted jobs, the cost of living can significantly reduce financial comfort even if they work full time.
Taxes, Benefits, and Deductions
Take-home pay is also influenced by taxes and deductions. Federal and provincial taxes, pension plan contributions, and Employment Insurance premiums all reduce gross salary. Benefits such as healthcare coverage or retirement plans may be offered by employers in the city manager, HR, or healthcare sectors, impacting overall compensation.
Victoria, BC Top Paying Jobs in 2025
Understanding the Victoria BC average salary in Canada provides valuable insight for both job seekers and current residents planning their financial future. While workers in Victoria, BC make an average of approximately $54,007 annually, certain specialized professions offer significantly higher earnings. This overview highlights some of the highest-paying roles in the region.
High-Paying Jobs in Victoria, BC
Some of the most lucrative careers in Victoria include specialized medical roles, engineering, finance, and project management. Below is a detailed look at these professions and their typical annual salaries.
Psychiatrist
- Estimated Average Salary: $293,338
- Notes: Specialized medical role with high demand
Psychiatric Nurse Practitioner
- Estimated Average Salary: $152,276
- Notes: Advanced nursing role with specialization
Power Engineer
- Estimated Average Salary: $134,254
- Notes: Engineering role with technical expertise
Cybersecurity Professional
- Estimated Average Salary: $119,291
- Notes: Rapidly growing technology field
Pharmacy Manager
- Estimated Average Salary: $131,383
- Notes: Healthcare management position
Pharmacist
- Estimated Average Salary: $124,981
- Notes: Medical profession with strong demand
Nurse Practitioner
- Estimated Average Salary: $123,083
- Notes: Advanced nursing professional
Senior Manager (Finance/Business)
- Estimated Average Salary: Varies (high)
- Notes: Leadership roles in financial and business sectors
Senior Project Manager
- Estimated Average Salary: Varies (high)
- Notes: Oversees projects across various industries
Real Estate Development Leadership
- Estimated Average Salary: Varies (high)
- Notes: Executive roles in property development
Marketing Manager
- Estimated Average Salary: Varies (high)
- Notes: High-level marketing leadership roles
Salary ranges can vary widely depending on experience, education, and employer specifics, but these roles typically rank well above the average salary in Victoria.
What Is Considered a Good Salary in Victoria, BC
In Victoria, British Columbia, what qualifies as a “good” salary varies based on personal circumstances and lifestyle choices. Generally, an annual income of around $80,000 is viewed as a solid salary for a single individual, particularly if they are renting. For those with dependents or homeowners, a salary of $120,000 or more is often regarded as very comfortable.
Here’s a closer look at why these figures matter and what factors to consider:
Why $80,000 is often seen as a good salary:
This amount is well above the city’s average income, which is approximately $54,000. Earning $80,000 can cover the cost of a decent one-bedroom rental along with everyday expenses such as groceries, utilities, and transportation. Additionally, this salary level usually allows for some savings or investment opportunities.
Key factors that influence what makes a good salary:
- Cost of living: Victoria’s living expenses, especially housing, are higher than the Canadian average.
- Family size: Having children or other dependents increases financial requirements.
- Lifestyle: Personal spending habits and preferences greatly affect how far a salary stretches.
- Financial goals: Whether planning to buy a home, save aggressively, or maintain a relaxed lifestyle, goals shape salary expectations.
Additional things to keep in mind:
- Renting vs. owning: Homeownership typically demands a larger income to cover mortgage payments, property taxes, and upkeep costs.
- Debt obligations: Student loans or other debts impact budgeting and may require a higher salary to maintain comfort.
- Taxes: It’s important to consider tax deductions when evaluating take-home pay.
- Childcare costs: For families, childcare can be a significant expense.
While $80,000 per year can provide a good standard of living for a single person in Victoria, incomes of $120,000 or higher are often necessary to comfortably support a family or homeownership. Ultimately, what constitutes a good salary depends on your unique financial situation and goals.
Household Income and Savings: Are You Able to Support Your Lifestyle
Understanding your household income and savings is essential to determine if you can maintain your desired lifestyle in Victoria. Your total income must cover everyday expenses while allowing for savings to ensure financial stability and future security.
Key Factors Affecting Your Ability to Support Your Lifestyle
Several elements influence whether your household income and savings are sufficient for your needs in Victoria.
- Household Income
The combined earnings of all income earners in your household must cover essential costs such as housing, groceries, transportation, and utilities. - Cost of Living in Victoria
Living expenses in Victoria tend to be higher than the national average, especially for housing, which impacts how far your income can stretch. - Savings and Emergency Funds
Regular savings contribute to financial security by providing a buffer against unexpected costs and helping to fund future goals like retirement or education. - Family Size and Dependents
Larger families or households with dependents generally require higher income and savings to manage additional costs like childcare, education, and healthcare. - Debt and Financial Obligations
Existing debts, such as student loans, mortgages, or credit card balances, can reduce disposable income and increase the need for a higher household income. - Lifestyle Choices
Personal spending habits and lifestyle preferences significantly affect your monthly budget and savings capacity.
Final Thoughts
Understanding the average salary in Victoria provides valuable insight for anyone considering work or life in this vibrant city. While earnings vary widely depending on industry, experience, and job type, it’s clear that salary levels are closely intertwined with local living costs and personal circumstances.
Whether you are entering the workforce, planning a career change, or budgeting for your household, having a realistic expectation of income helps navigate Victoria’s unique economic landscape and supports making informed decisions for your financial well-being.
Frequently Asked Questions
How does the cost of living calculator help in understanding salary expectations for jobs like a registered nurse or psychiatric nurse in Victoria, BC?
A cost of living calculator helps in understanding salary expectations by considering factors such as:
Local expenses: Housing, transportation, food, and utilities specific to Victoria and Vancouver Island.
Job market alignment: Comparing nurse salaries with living costs to determine if compensation meets basic needs.
Lifestyle budgeting: Helping healthcare professionals assess whether their income supports desired lifestyle choices.
Financial planning: Allowing registered nurses and psychiatric nurses to forecast savings and expenses realistically.
What factors influence the average hourly pay for part-time positions such as a babysitter or nanny in Victoria?
Average hourly pay for part-time caregiving roles depends on:
Experience and qualifications: Training or certifications in childcare increase earning potential.
Job duties: Additional responsibilities, like tutoring or managing multiple children, affect wages.
Work schedule: Regular part-time roles may offer higher rates than occasional babysitting.
Local demand: Supply of and need for nannies and sitters in Victoria’s neighbourhoods.
Employer expectations: Some families may pay more for specialized care or flexible hours.
How does the job market in Victoria, BC, compare for specialized healthcare roles like those in an oncology clinic or radiation therapy versus retail positions such as a sales associate or store manager?
Victoria’s job market varies between healthcare and retail in terms of:
Job stability: Healthcare roles often offer more secure, long-term employment.
Required qualifications: Specialized healthcare jobs demand formal education and certifications.
Salary structure: Healthcare roles typically have standardized wages, while retail may include commissions.
Work environment: Healthcare positions may involve shifts and clinical settings; retail is customer-focused.
Career growth: Both sectors offer advancement, but healthcare progression is often more structured.
What skills and qualifications are typically required to move from a customer service role to a consultant or city manager position in Victoria?
Advancing from customer service to consultant or city manager roles requires:
Leadership and management skills: Ability to lead teams and manage projects.
Relevant education: Degrees in business, public administration, or related areas.
Industry knowledge: Understanding of local government processes or consultancy fields.
Communication skills: Strong interpersonal and negotiation abilities.
Experience: Proven track record in problem-solving and decision-making roles.
How does the availability of remote jobs, including remote currency trader roles, affect employment trends in Victoria?
The availability of remote jobs, including remote currency trader roles, influences employment trends in Victoria and can impact the average Victoria BC salary in Canada by:
Expanding job opportunities: Remote work opens access to diverse roles beyond traditional local industries, potentially increasing earning potential for residents.
Attracting skilled professionals: Employers can recruit talent from a broader pool, which may drive competitive salaries and raise the local average salary benchmark.
Offering flexible work arrangements: Remote positions often come with varied compensation models, affecting hourly or salaried pay rates in the Victoria job market.
Diversifying the economy: Remote jobs contribute to economic growth and stability, influencing salary across different sectors.
Enhancing technological infrastructure: Growth in remote work demands better connectivity, supporting business development and higher-paying roles.