A+
17%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
74%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Lot 2 Prince Edward Island National
Cost of living8389100
Goods & Services106106100
Groceries103103100
Health care9292100
Housing2645100
Transportation9191100
Utilities141141100

Cost Of Living Quick Facts

  • The cost of living in Lot 2 is 7% lower than the Prince Edward Island average
  • The cost of living in Lot 2 is 17% lower than the national average
  • Lot 2 housing is 74% lower than the national average
  • Prince Edward Island general sales tax is 67% higher than the national average
  • Prince Edward Island state income tax is 16% higher than the national average

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Compare Lot 2, PE Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Prince Edward Island Sales Tax

      State General Sales Tax With Max Surtax
      Prince Edward Island 10% 15%

      Prince Edward Island Income Tax

      State Income Tax (Low) Income Tax (High)
      Prince Edward Island 9.8% 16.7%

      Goods & Services

      Item Lot 2 National avg. Difference
      Personal Care $87.00$94.337.8%
      Recreation $104.00$102.331.6%

      Groceries

      Item Lot 2 National avg. Difference
      Meat, Poultry and Fish $96.00$102.276.1%
      Dairy Products and Eggs $104.00$104.670.6%
      Bakery and Cereal Products $109.00$111.672.4%
      Fruit and Vegetables $107.00$113.405.6%
      Alcoholic Beverages $107.00$105.801.1%

      Health Care

      Item Lot 2 National avg. Difference
      Doctor $97.00$101.074.0%

      Housing

      Item Lot 2 National avg. Difference
      Home Price ($) $n/a$659,395.00100.0%
      Apartment Rent ($) $n/a$2,146.00100.0%

      Transportation

      Item Lot 2 National avg. Difference
      Gasoline $96.00$102.075.9%

      Utilities

      Item Lot 2 National avg. Difference
      All Electricity $95.00$98.603.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      St. Louis, PE838019.8%
      Lot 6, PE8268019.5%
      Lot 11, PE5358119.4%
      Tignish, PE7528119.3%
      O'Leary, PE9328119.1%
      Lot 2, PE1,6558317.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cordova, AL1,655n/a 
      Melbourne, AR1,655n/a 
      Pinehurst, ID1,655n/a 
      Liberty, IN1,655n/a 
      Ainsworth, NE1,655n/a 
      Lot 2, PE1,6558317.0%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.