PE
vs
NB
Charlottetown vs Moncton Cost of Living (2026)
Charlottetown is about 23% more expensive than Moncton, mostly because of rent. A 1-bedroom rents for $1,450 a month in Charlottetown vs $1,150 in Moncton.
The Verdict
Living in Moncton is 19% cheaper than living in Charlottetown overall.
Charlottetown / month
$1,950
Moncton / month
$1,615
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 Moncton
$81,452
Take-home $59,159 · $4,930/mo
To keep the same lifestyle in Moncton you'd need $18,548 less a year (−19%).
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% cheaper
Moncton
$1,150
Groceries
Monthly Basket (1 Person)
Charlottetown
$430
9% cheaper
Moncton
$390
Transportation
Monthly Transit Pass
Charlottetown
$70
7% more expensive
Moncton
$75
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