The Living Wage is the hourly wage that two working parents with two young children must each earn to meet their basic expenses (including rent, child-care, medical needs, food, and transportation), once government taxes, credits, deductions and subsidies have been taken into account. The Living Wage for our region is calculated annually by the Community Social Planning Council of Greater Victoria (CSPC) and is based on a 35 hour work week. At $24.29/hour ($44,208 annually per parent), the 2022 Living Wage for Greater Victoria is a $3.83 increase from 2021. As those in the region can attest, the cost of living continues to soar.
