Terrenceville, NL Cost of Living

A+
4%
Overall NAT. AVG.
12%
Groceries NAT. AVG.
20%
Housing NAT. AVG.
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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 Terrenceville Newfoundland and Labrador National
Cost of living9687100
Groceries112112100
Health care9696100
Housing8050100
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 Terrenceville is 10% higher than the Newfoundland and Labrador average
  • The cost of living in Terrenceville is 4% lower than the national average
  • Terrenceville housing is 20% 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 Terrenceville

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Compare Terrenceville, NL Cost of Living

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      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.
      English Harbour East, NL133973.4%
      Division No. 2, Subd. C, NL548973.3%
      St. Bernard's-Jacques Fontaine, NL417973.1%
      Grand le Pierre, NL211973.0%
      Bay L'Argent, NL209972.7%
      Terrenceville, NL431963.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Jerome, AZ431n/a 
      Pescadero, CA431n/a 
      Sasser, GA431n/a 
      Bloomingdale, IN431n/a 
      New Strawn, KS431n/a 
      Terrenceville, NL431963.8%
      Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.
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