PE
vs
ON
Charlottetown vs London Cost of Living (2026)
London is about 17% more expensive than Charlottetown, mostly because of rent. A 1-bedroom rents for $1,750 a month in London vs $1,450 in Charlottetown.
The Verdict
Living in London is 17% more expensive than living in Charlottetown overall.
Charlottetown / month
$1,950
London / month
$2,255
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 London
$117,166
Take-home $85,684 · $7,140/mo
To keep the same lifestyle in London you'd need $17,166 more a year (+17%).
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
21% more expensive
London
$1,750
Groceries
Monthly Basket (1 Person)
Charlottetown
$430
5% cheaper
London
$410
Transportation
Monthly Transit Pass
Charlottetown
$70
36% more expensive
London
$95
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