He was born in the Kyiv region in Ukraine.
He studied at the Art and Industry College of Kyiv (now Kyiv State University of Decorative and Applied Art and Design named after M. Boychuk), Kyiv, Ukraine.
He graduated from the Kyiv State Art University (now National Academy of Fine Art and Architecture), painting faculty, monumental painting workshop (head: Storozhenko M.A.) in 1982.
He is a member of the National Union of Artists of Ukraine since 1992.

Vasyl Khodakivsky is a participant of many art exhibitions and festivals in Ukraine and abroad.
He is working in the technique of oil on canvas painting and watercolor, mostly in the genre of landscape and portrait.
The permanent objects of the paintings are the seasons of the year, nature, animalistics and people.
The works are in the private collections in Ukraine, Greece, Germany, the USA, Canada, Australia and others.