What is the cost of living in Charlottetown?

Living in Charlottetown, Prince Edward Island, Canada is becoming increasingly popular, but many people hesitate to move due to the cost of living in the area. Although islands may be known for being expensive, that is not necessarily the case when it comes to Charlottetown – while it may be pricier than some other parts of Canada, it is still fairly reasonable compared to bigger cities such as Toronto or Vancouver. This article will cover all of the important factors that affect the cost of living in the area, such as housing costs, utilities, food costs, transportation and more, in order to give you a better idea of how much you should expect to pay if you decide on a move to Charlottetown.

Housing Costs

When it comes to housing in Charlottetown, there is something for everyone and every budget. The average price for a detached house in Charlottetown is around $355,000, with property taxes ranging from 0.50%-0.60% depending on the area of town you decide to live in. Renting can be a bit cheaper, with one bedroom apartments running from $800 to $950, and two bedroom units from $850 up to $1200. It can also be a bit cheaper outside of the city centre, with rooms renting for as low as $550/month.

Utilities

Utility costs can really add up in any city, and in Charlottetown it’s no exception. For a 900 sq ft apartment you should expect to pay around $205/month for electricity, gas and water. However, this can vary depending on usage and time of year – in winter months heating bills are usually higher due to cold weather and extra needs. Since Prince Edward Island is a relatively small province, there is only one cell phone provider (Eastlink) available to customers. Expect to pay around $65/month for a phone plan that includes unlimited texting and minutes.

Food Costs

When it comes to groceries, food costs can vary quite drastically depending on where you choose to shop. Grocery store chains such as Superstore and Sobey’s typically offer lower prices than independent grocers throughout the city. On average expect to pay around $190/month for groceries for one person – this can increase if you choose to buy food from specialty stores or organic grocers.

Transportation

Since Charlottetown is a relatively small city, residents often opt for other forms of transportation other than cars. Many people use bicycles and their own two feet as means of getting around town — though this isn’t always the best option in winter months due to snow fall. The city also offers an excellent public transit system that includes buses, which runs from 6am until 3am every day. Tickets are available starting at $2 and up — and if you’re planning multiple trips within a short timeframe, then it’s worth looking into purchasing a day or monthly pass for unlimited rides within that time frame at a discounted rate.

In conclusion, Charlottetown is a great place to live with a fairly reasonable cost of living compared to bigger cities — while housing prices may be relatively high compared to some other parts of Canada, other areas such as food and transportation are on par with other cities across the nation. If you’re considering a move to the area, then it’s certainly worth knowing these figures so that you can prepare yourself financially before making any big decisions. For an even more detailed look into just how much budget you need to prepare for your Charlottetown life, head over to Living Costs – an online tool where you can compare the costs of living in Charlottetown against any other city on earth.

An Insider’s Guide to Charlottetown: Beyond the Cost of Living

Charlottetown is a charming and picturesque city, located in Prince Edward Island, Canada. Known for its historic architecture, waterfront views, and quaint streets, the city has a lot to offer to tourists. However, beyond the cost of living, there are many hidden gems waiting to be discovered. As an insider, here’s a guide to some of the city’s most unique and off-the-beaten-path experiences.

Local Attractions: Discovering the Hidden Gems

While popular tourist spots like Province House National Historic Site and The Confederation Centre of the Arts are noteworthy, the city has several hidden gems that are often overlooked by visitors. For instance, The MacNaught History Centre and Archives offers visitors a glimpse into the city’s cultural history. If you’re looking for natural beauty, visit Ravenwood Farm, a beautiful country estate located just outside the city, where you can take in the breathtaking views and enjoy a nice picnic.

Dining Spots: Savouring Local Cuisine and Culture

Charlottetown has a rich and diverse culinary history, with a strong focus on local seafood. For a true local experience, head to Merchantman Fresh Seafood & Oyster Bar, where you can taste freshly caught oysters, mussels, and lobster. Another interesting option is Lot Thirty-One where you can indulge in mouth-watering vegetarian and plant-based dishes.

However, the city’s food scene isn’t all about seafood. For instance, Terre Rouge is known for their delicious farmhouse cheeseboard and local beer pairings. Don’t miss experiencing a traditional PEI lobster supper at New Glasgow Lobster Suppers – a cozy restaurant with an unbeatable atmosphere.

Cultural Experiences: Embracing Charolettown’s Traditions

Charlottetown is a city that values tradition highly. Its rich cultural tapestry is celebrated through events and festivals throughout the year. For instance, during the summer, the Charlottetown Festival is a must-attend event, where visitors can enjoy internationally acclaimed theatre productions.

Another must-visit cultural experience is The Guild. It’s a local attraction that acts as the heart of Charlottetown’s arts and cultural community. From musical performances to art exhibits, there are always exciting events to check out.

Local History: A Window Into the Past

Charlottetown’s history is fascinating and well-preserved, as it is the birthplace of the Confederation of Canada. The city has many historical sites that offer a glimpse into its rich past, but some of the lesser-known sites, such as Beaconsfield Historic House, offer a more intimate look. The mansion, built-in 1877, has been meticulously restored, and touring the rooms will transport you back in time. Don’t forget to check out the murals installed throughout the downtown area that depict pivotal moments in Charlottetown’s history.

Off-the-Beaten-Path Suggestions: Go Beyond Convention

For an unconventional experience, take a stroll through Victoria Park, located on the edge of the city’s downtown core, and climb the hill to the cannon tower lookout for a scenic view of the coastline and harbor. For a unique adventure, try kayaking through the city’s canal, offering a new perspective on the city. A little further out, you can also check out Basin Head Beach – a must-see place where everyone jumps off the bridge.

In conclusion, Charlottetown has much to offer visitors beyond just its cost of living. By venturing outside the common tourist areas and seeking out the hidden gems, you’ll capture the beauty of this charming Canadian city in new, unforgettable ways.