Victoria indicatorsCity property tax on a typical home vs prices
$4,557 in 2026
No target found. Who could set one: Victoria City Council. Targets and comparisons
The typical home changes each year
Source: Province of B.C. and Statistics Canada (calculated here). We read it on Nov 11, 2026.
Over time
City general tax on a representative house, and the 2020 amount grown with prices
2026 By year
- City general tax, representative house $4,557
- 2020 tax grown with Victoria prices $3,355
M municipal election: Oct 15, 2022; Oct 17, 2026P provincial election: Oct 19, 2024
City general tax on a representative house, and the 2020 amount grown with prices
2026 By year
- City general tax, representative house $4,557
- 2020 tax grown with Victoria prices $3,355
M municipal election: Oct 15, 2022; Oct 17, 2026P provincial election: Oct 24, 2020; Oct 19, 2024
More charts (1)
Representative house: City general tax, City tax with parcel taxes and user fees, and the whole bill
2026 By year
- City general tax $4,557
- General tax + parcel taxes + user fees $5,847
- Whole bill (all taxes and charges) $8,213
M municipal election: Oct 15, 2022; Oct 17, 2026P provincial election: Oct 24, 2020; Oct 19, 2024
Targets and comparisons
No target found
No target or limit for the yearly property tax increase, including any link to inflation, found in Schedule 5 (objectives and policies) of the City’s Five Year Financial Plan Bylaw, 2026, as of November 12, 2026. Its only numeric policy is the cap on the business to residential tax ratio. Who could set one: Victoria City Council.
Source: Five Year Financial Plan Bylaw, 2026 (No. 26-040), Schedule 5, City of Victoria, adopted May 7, 2026. Area: City of Victoria. Updated: Yearly, with the City budget. Licence: Public document, not under an open licence. Quoted with attribution.
Show the numbers as a table
| Period | City general tax, representative house | 2020 tax grown with Victoria prices |
|---|---|---|
| 2026 | $4,557 | $3,355 |
| 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 |
| Period | City general tax | General tax + parcel taxes + user fees | Whole bill (all taxes and charges) |
|---|---|---|---|
| 2026 | $4,557 | $5,847 | $8,213 |
| 2025 | $4,065 | $5,296 | $7,498 |
| 2024 | $3,757 | $4,920 | $6,991 |
| 2023 | $3,458 | $4,570 | $6,478 |
| 2022 | $3,322 | $4,378 | $6,222 |
| 2021 | $2,992 | $4,015 | $5,758 |
| 2020 | $2,756 | $3,775 | $5,480 |
Who decides
City of Victoria Council. Adopts the financial plan by bylaw each year, then sets property tax rates by bylaw before May 15. Community Charter, s. 165
Show the 6 other bodies and the laws
| Body | What it decides | Law or bylaw | Last decision | Next decision |
|---|---|---|---|---|
| City of Victoria Council | Adopts the financial plan by bylaw each year, then sets property tax rates by bylaw before May 15. | Community Charter, s. 165 Community Charter, s. 197 | Five Year Financial Plan Bylaw, 2026 (No. 26-040) and 2026 tax rates adopted May 7, 2026 | 2027 financial plan, then tax rate bylaw before May 15, 2027 |
| Victoria and Esquimalt Police Board | Prepares the police budget, which the councils approve as part of the City’s spending. | Police Act, s. 27 | Provisional budget due to the councils by November 30, 2026 (Police Act, s. 27) | |
| Province of B.C. | Levies the school tax and sets its rates. | School Act, s. 119 | ||
| Capital Regional District Board | Sends each municipality a requisition for the amount needed for each regional service. | Local Government Act, s. 385 | ||
| Capital Regional Hospital District Board | Sends each member municipality a requisition for the amount the hospital district needs. | Hospital District Act, s. 25 | ||
| Victoria Regional Transit Commission | Prescribes the transit property tax in the regional transit service area. | British Columbia Transit Act, s. 15 (2) | ||
| BC Assessment (British Columbia Assessment Authority) | Sets the rates that fund its operating costs. | Assessment Authority Act, s. 17 (1.1) |
Councils: last general local election October 17, 2026; next on October 19, 2030, the third Saturday of October set by the Local Government Act, s. 52. Province: last general election October 19, 2024; next set for October 21, 2028 unless called earlier (Constitution Act, s. 23).
Each row says what a body decides and links to the law, order or bylaw that gives it that role. It does not say who caused a change: markets, households and other governments also move these numbers. Who decides what, for every measure · How we choose
What this number does not show
- 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.
One more limit
- 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.
Not measured yet in city finances: city staff positions. See all 17 gaps
In plain words
City tax on a representative house was $4,557 in 2026, up 12.1% in a year and 65.3% since 2020. Victoria prices rose 21.7% over the same period (12-month average, October 2025 to September 2026, against the 2020 annual average). This switches to the full 2026 annual average when Statistics Canada publishes it in January 2027. * 2020 was a pandemic year; 2019 is not used because: its headline is the change since 2020.
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.
How we decide “Rising”
Taxes pay for services; whether they should rise or fall is a policy choice. The change is 12.1% of the earlier value, at or above the 5% threshold.
The general municipal tax on the Province's representative Victoria house was $2,756 in 2020, $4,065 in 2025 and $4,557 in 2026 (+12.1% in a year, +65.3% since 2020). Victoria's consumer price index rose +21.7% over the same period (130.4, the 2020 annual average, to 158.76, the 12-month average, October 2025 to September 2026). In 2020 dollars, the 2026 tax is $3,743, +35.8% above the 2020 amount.
Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series. The rule.
All notes on this number
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.
- 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 consumer price index for Victoria: annual averages up to 2025. Prices for 2026 are the average of the latest 12 months of Victoria’s monthly consumer price index (October 2025 to September 2026: 158.76), because Statistics Canada publishes the 2026 annual average in January 2027. The comparison switches to the full 2026 annual average then.
- Two more lines from the same Schedule 704 row: general tax plus parcel taxes plus user fees ($5,847 in 2026; $3,775 in 2020), and the whole bill, all taxes and charges ($8,213 in 2026; $5,480 in 2020). The parts of the whole bill add up to the schedule’s total. Who sets each part, with the law, is in the Who decides what table.
Which places
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).
How we calculated it
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 2026 ÷ tax in 2020 − 1. Price change = price index (12-month average, October 2025 to September 2026) ÷ price index (2020 annual average) − 1. 2020 tax grown with prices = tax 2020 × price index in the year ÷ price index 2020.
With the latest numbers
- Tax: $4,557 ÷ $2,756 − 1 = +65.3%. One year: $4,557 ÷ $4,065 − 1 = +12.1%.
- Prices: average of 156.8, 156.9, 156.2, 156.2, 157.3, 158.7, 158.7, 160.6, 160.2, 161.3, 161.3, 160.9 = 158.76. 158.76 ÷ 130.4 − 1 = +21.7%.
- $2,756 × 158.76 ÷ 130.4 = $3,355.
Inputs
Local Government Statistics, Schedule 704: Taxes and Charges on a Representative House (Victoria, General Municipal)
- Published by
- Province of B.C., Local Government Statistics
- Period used
- 2020 to 2026
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Latest release
- not stated
Consumer Price Index, all items, annual average, Victoria
- Published by
- Statistics Canada
- Period used
- 2020 to 2025
- Latest release
- Jan 19, 2026
Consumer Price Index, all items, monthly, Victoria
- Published by
- Statistics Canada
- Period used
- October 2025 to September 2026
- Latest release
- Oct 19, 2026
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 consumer price index for Victoria: annual averages up to 2025. Prices for 2026 are the average of the latest 12 months of Victoria’s monthly consumer price index (October 2025 to September 2026: 158.76), because Statistics Canada publishes the 2026 annual average in January 2027. The comparison switches to the full 2026 annual average then.
- Two more lines from the same Schedule 704 row: general tax plus parcel taxes plus user fees ($5,847 in 2026; $3,775 in 2020), and the whole bill, all taxes and charges ($8,213 in 2026; $5,480 in 2020). The parts of the whole bill add up to the schedule’s total. Who sets each part, with the law, is in the Who decides what table.
Retrieved Nov 11, 2026, 8:55 PM B.C. time. This page’s data and calculation (JSON).
The whole bill on the representative house, 2026: who sets each part
- City general tax: $4,557 (2026). Set by: City of Victoria Council.
- Parcel taxes: $40 (2026). Who sets it is not named in the schedule.
- User fees: $1,250 (2026). Who sets it is not named in the schedule.
- School tax: $1,434 (2026). Set by: Province of B.C.
- Regional district: $295 (2026). Set by: Capital Regional District Board.
- Hospital district: $150 (2026). Set by: Capital Regional Hospital District Board.
- BC Assessment, Municipal Finance Authority and other: $487 (2026). Set by: BC Assessment, the Municipal Finance Authority and others (the schedule does not split them).
Licence and credits
This figure is public but not under an open licence: the agency publishes it for anyone to read, and it is shown here with credit and a link to the agency’s terms. About licences.
Calculated here from public data; see “How we calculated it”.
- 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 2026
- Updated
- Annually (Province updates Schedule 704 each summer; price index each January)
- Retrieved
- Nov 11, 2026, 8:55 PM B.C. time
- Details
- Formula and every input
Adapted from Statistics Canada, table 18-10-0005-01. This does not constitute an endorsement by Statistics Canada of this product. Adapted from Statistics Canada, table 18-10-0004-01. This does not constitute an endorsement by Statistics Canada of this product.
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