Parkers Cove, NL Cost of Living

A+
4%
Overall NAT. AVG.
12%
Groceries NAT. AVG.
19%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2025 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 score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Parkers Cove Newfoundland and Labrador National
Cost of living9687100
Groceries112112100
Health care9696100
Housing8150100
Transportation102102100
Utilities138138100
Lifestyle & Entertainmentn/an/an/a
Household Itemsn/an/an/a
Education & Childcaren/an/an/a

Cost Of Living Quick Facts

  • The cost of living in Parkers Cove is 10% higher than the Newfoundland and Labrador average
  • The cost of living in Parkers Cove is 4% lower than the national average
  • Parkers Cove housing is 19% lower than the national average
  • Newfoundland and Labrador general sales tax is 67% higher than the national average
  • Newfoundland and Labrador state income tax is 3% higher than the national average

Most Affordable Places to Live in and Around Parkers Cove

See all the best places to live around Parkers Cove

Compare Parkers Cove, NL Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Parkers Cove?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Parkers Cove?
      Write a review to give others more information about this area.
      See all Parkers Cove poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Newfoundland and Labrador Sales Tax

      State General Sales Tax With Max Surtax
      Newfoundland and Labrador 10% 15%

      Newfoundland and Labrador Income Tax

      State Income Tax (Low) Income Tax (High)
      Newfoundland and Labrador 8.7% 18.3%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Baine Harbour, NL111964.3%
      Rushoon, NL213973.4%
      Division No. 2, Subd. C, NL548973.3%
      St. Bernard's-Jacques Fontaine, NL417973.1%
      Bay L'Argent, NL209972.7%
      Parkers Cove, NL224963.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Coffman Cove, AK224n/a 
      Catherine, CO224n/a 
      Ophir, CO224n/a 
      Defiance, IA224n/a 
      Linden, IA224n/a 
      Parkers Cove, NL224963.7%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026