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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Is Charlottetown good for young professionals? Cost index 93, rent $1,340/mo, income $59,500, QoL 68/100. Compared to 20 other Prince Edward Island cities below.
Is Charlottetown good for young professionals? Cost index 93, rent $1,340/mo, income $59,500, QoL 68/100. Compared to 20 other Prince Edward Island cities below.
| # | City | Cost Index | Rent/mo | Income |
|---|---|---|---|---|
| 1 | Charlottetown | 93 | $1,340 | $59,500 |
| 2 | Quebec City | 96 | $1,350 | $63,500 |
| 3 | Halifax | 100 | $1,720 | $66,000 |
| 4 | Fredericton | 92 | $1,260 | $61,000 |
| 5 | Victoria | 120 | $2,300 | $76,000 |
| 6 | Ottawa | 113 | $2,100 | $86,000 |
| 7 | Montreal | 104 | $1,700 | $66,000 |
| 8 | St. John's | 94 | $1,200 | $65,500 |
| 9 | Saint John | 90 | $1,210 | $59,000 |
| 10 | Laval | 101 | $1,500 | $67,500 |
| 11 | Calgary | 114 | $2,050 | $86,500 |
| 12 | London | 101 | $1,660 | $68,500 |
| 13 | Mississauga | 118 | $2,450 | $80,000 |
| 14 | Vancouver | 134 | $2,850 | $80,000 |
| 15 | Saskatoon | 96 | $1,480 | $72,000 |
| 16 | Edmonton | 108 | $1,800 | $82,000 |
| 17 | Winnipeg | 93 | $1,420 | $67,500 |
| 18 | Regina | 94 | $1,370 | $70,000 |
| 19 | Toronto | 126 | $2,750 | $82,000 |
| 20 | Hamilton | 110 | $1,880 | $76,000 |
Charlottetown: cost index 93 (-13 vs national avg 106), rent $1,340/month.
Prince Edward Island region average cost index: 106. Charlottetown is -13 vs region peers.
Quality of life: 68/100 — safety 80, healthcare 64, walkability 62.
Safety score: 80/100 (crime rate 28.5/1k). National average: 63/100.
Let's cut to what actually matters here. Charlottetown has a cost index of 93 — 13 points below the Canada national average of 106. Median income is $59,500 with rent at $1,340/month, putting the rent-to-income ratio at 27%. This combination is rare — and valuable.
That said, looking at Prince Edward Island as a whole, the spread across all 21 cities is 31 points on the cost index. Surrey sits at the other end with index 124 and rent of $2,420/mo. That's a difference you notice every single month.
On quality of life, Charlottetown scores a composite score of 68/100 — reflecting its safety (80), healthcare (64), and walkability (62) metrics. Layer in taxes, though, and the math changes. affordability and QoL don't always move in the same direction, and Canada is a good example of that tension.
Charlottetown — cost index 93, rent $1,340/mo, income $59,500, QoL 68/100.
Quebec City — cost index 96, rent $1,350/mo, income $63,500, QoL 70/100.
Halifax — cost index 100, rent $1,720/mo, income $66,000, QoL 67/100.
Fredericton — cost index 92, rent $1,260/mo, income $61,000, QoL 67/100.
Victoria — cost index 120, rent $2,300/mo, income $76,000, QoL 66/100.
Charlottetown scores 68/100 on the relevant index for young professionals — with rent of $1,340/month and cost index 93 (13 points below the national average of 106).
The Prince Edward Island region of average QoL score is 61/100. Charlottetown leads with 68/100, reflecting safety, healthcare access, walkability, and green space.
Our index is benchmarked to 100 (national median). Sub-categories cover housing, food, transport, utilities, and healthcare. Data sources include Statistics Canada, CMHC, CRA.
Charlottetown: cost index 93, rent $1,340/mo, income $59,500/yr, QoL 68/100. Quebec City: cost index 96, rent $1,350/mo, income $63,500/yr, QoL 70/100.
This analysis uses data from Statistics Canada, CMHC, CRA to rank cities in Canada. The cost of living index is benchmarked to 100 (national median). Quality of life scores combine safety, healthcare, walkability, air quality, green space, and transit metrics. Salary ranges use national occupation data adjusted for local cost differences. Data is updated regularly to reflect current market conditions.