PE
vs
BC
Charlottetown vs Victoria Cost of Living (2026)
Victoria is about 45% more expensive than Charlottetown, mostly because of rent. A 1-bedroom rents for $2,200 a month in Victoria vs $1,450 in Charlottetown.
The Verdict
Living in Victoria is 45% more expensive than living in Charlottetown overall.
Charlottetown / month
$1,950
Victoria / month
$2,750
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 Victoria
$144,585
Take-home $104,165 · $8,680/mo
To keep the same lifestyle in Victoria you'd need $44,585 more a year (+45%).
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
52% more expensive
Victoria
$2,200
Groceries
Monthly Basket (1 Person)
Charlottetown
$430
5% more expensive
Victoria
$450
Transportation
Monthly Transit Pass
Charlottetown
$70
43% more expensive
Victoria
$100
Advertisement
Plan your move
Advertisement