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Most Affordable Neighborhoods In Oak Bay, BC

Looking for a fresh start in a new Oak Bay neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Oak Bay for 2024, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 896
-11%
Cost of Living Index 109 vs 122
11% lower than Oak Bay
Population 4,963
-7%
Cost of Living Index 113 vs 122
7% lower than Oak Bay
Population 2,729
-2%
Cost of Living Index 120 vs 122
2% lower than Oak Bay
Population 7,828
-1%
Cost of Living Index 121 vs 122
1% lower than Oak Bay
Population 2,315
0%
Cost of Living Index 121 vs 122
equal to Oak Bay
Population 1,243
33%
Cost of Living Index 163 vs 122
33% higher than Oak Bay
New Real Estate Listings in Oak Bay Area