PE
vs
AB
Charlottetown vs Edmonton Cost of Living (2026)
Charlottetown is about 10% more expensive than Edmonton, mostly because of rent. A 1-bedroom rents for $1,450 a month in Charlottetown vs $1,300 in Edmonton.
The Verdict
Living in Edmonton is 9% cheaper than living in Charlottetown overall.
Charlottetown / month
$1,950
Edmonton / month
$1,800
Rent, groceries and transit for one person.
Salary match: what you'd need to earn
Salary in Charlottetown
$100,000
Take-home $69,789 · $5,816/mo
Needed in Edmonton
$91,014
Take-home $68,213 · $5,684/mo
To keep the same lifestyle in Edmonton you'd need $8,986 less a year (−9%).
Take-home is after 2026 federal and provincial income tax, CPP/QPP and EI for an employee. Cost of living weighs rent, groceries and transit.
Expense Breakdown
Average Rent
1-Bed City Center
Charlottetown
$1,450
10% cheaper
Edmonton
$1,300
Groceries
Monthly Basket (1 Person)
Charlottetown
$430
7% cheaper
Edmonton
$400
Transportation
Monthly Transit Pass
Charlottetown
$70
43% more expensive
Edmonton
$100
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