Up almost $4, Greater Victoria’s living wage skyrockets to $24.29

The living wage in Greater Victoria is almost $4 higher than in 2021, and annual household spending has increased by $10,229.

The 2022 Living Wage Report, produced by the Community Social Planning Board, looks at the hourly wage two working parents with two young children would have to earn to meet basic expenses after accounting for government taxes, credits, deductions and subsidies.

According to Living Wage for Families BC and Canadian BC policy selection center.

The Greater Victoria report states that housing and food costs will jump 20% to $24.29 in 2021 from $20.46. This is the first time Greater Victoria has overtaken Greater Vancouver.

there are more.

Do you have a story tip? Email: [email protected]

follow us Twitter and Instagram, like us Facebook.

Greater Victoria West Coast

Leave a Reply

Your email address will not be published. Required fields are marked *