Lake Cowichan, British Columbia Cost Of Living

C+

7%

Overall NAT. AVG.

12%

Goods & Services NAT. AVG.

6%

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 is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lake Cowichan	British Columbia	National
Cost of living	107	117	100
Goods & Services	112	112	100
Groceries	106	106	100
Health care	100	100	100
Housing	106	139	100
Transportation	103	103	100
Utilities	105	105	100

Cost Of Living Quick Facts

The cost of living in Lake Cowichan is 8% lower than the British Columbia average
The cost of living in Lake Cowichan is 7% higher than the national average
Lake Cowichan housing is 6% 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities 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%

Goods & Services

Item	Lake Cowichan	National avg.	Difference
Personal Care	$107.00	$95.07	12.6%
Recreation	$108.00	$101.73	6.2%

Groceries

Item	Lake Cowichan	National avg.	Difference
Meat, Poultry and Fish	$105.00	$102.47	2.5%
Dairy Products and Eggs	$101.00	$106.00	4.7%
Bakery and Cereal Products	$101.00	$111.87	9.7%
Fruit and Vegetables	$101.00	$112.87	10.5%
Alcoholic Beverages	$112.00	$106.80	4.9%

Health Care

Item	Lake Cowichan	National avg.	Difference
Doctor	$98.00	$101.07	3.0%

Housing

Item	Lake Cowichan	National avg.	Difference
Home Price ($)	$706,867.00	$665,961.00	6.1%
Apartment Rent ($)	$n/a	$2,146.00	100.0%

Transportation

Item	Lake Cowichan	National avg.	Difference
Gasoline	$130.00	$102.53	26.8%

Utilities

Item	Lake Cowichan	National avg.	Difference
All Electricity	$103.00	$98.80	4.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Oyster Bay 12, BC	84	106	6.4%
Ladysmith, BC	9,354	106	6.5%
Chemainus 13, BC	831	108	7.7%
Cowichan Valley F, BC	1,730	108	7.8%
Cowichan Valley G, BC	2,541	109	8.7%
Lake Cowichan, BC	3,686	107	7.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
El Dorado Springs, MO	3,686	n/a
Hahnville, LA	3,684	n/a
Pocono Woodland Lakes, PA	3,684	n/a
Farmersville, TX	3,684	n/a
Copperopolis, CA	3,688	n/a
Lake Cowichan, BC	3,686	107	7.4%

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