Charlottetown vs Sherbrooke Cost of Living (2026)
Charlottetown is about 33% more expensive than Sherbrooke, mostly because of rent. A 1-bedroom rents for $1,450 a month in Charlottetown vs $1,050 in Sherbrooke.
The Verdict
Charlottetown / month
$1,950
Sherbrooke / month
$1,500
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 Sherbrooke
$75,115
Take-home $54,035 · $4,503/mo
To keep the same lifestyle in Sherbrooke you'd need $24,885 less a year (−25%).
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
Sherbrooke
$1,050
Groceries
Monthly Basket (1 Person)
Charlottetown
$430
Sherbrooke
$370
Transportation
Monthly Transit Pass
Charlottetown
$70
Sherbrooke
$80
Plan your move
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