Kelowna is spread across 211.82 square kilometres and has a population of over 142,000 people. Kelownas lower cost of living is driven by its housing costs, which remain lower than other areas of the province, particularly Vancouver.

What is the average cost of a home in Kelowna?

$830,000 Prices increased, fewer homes on market Five years ago, the average home in Kelowna was $650,000. The household income required to purchase that home was $98,000. Today, the average home price is $830,000, a 27 per cent increase.

Is Kelowna better than Victoria?

Now getting on in years, Victoria is perfect for us. The climate in the Okanagan (I wouldnt limit myself to Kelowna -- there are several very cool cities there ) is hotter in the summer and colder in the winter. In Victoria, its warmer and wetter through the winter.