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Cost of Living: Nanaimo vs Charlottetown

Making a move? Compare the exact 2026 data for housing, food, and transit to see exactly how your lifestyle budget will change between these two cities.

The Verdict

Living in Charlottetown is 17% cheaper than living in Nanaimo overall.

To maintain your exact standard of living, a $100,000 salary in Nanaimo is mathematically equivalent to earning $83,142 in Charlottetown.

Expense Breakdown

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Average Rent

1-Bed City Center

Nanaimo

$1,800

19% cheaper

Charlottetown

$1,450

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Groceries

Monthly Basket (1 Person)

Nanaimo

$420

2% more expensive

Charlottetown

$430

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Transportation

Monthly Transit Pass

Nanaimo

$90

22% cheaper

Charlottetown

$70

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Calculate Your Exact Salary

Ready to see how much you'll keep after taxes in PE? Use our Canadian Income Tax Calculator to get a precise breakdown.