Owning a Home: The average price of a home in P.E.I. was $300,538 in January 2021.
Renting a Home: Average cost of renting in P.E.I. as of March 2021.
1-bedroom Apartment: $875/mth.
2-bedroom Apartment: $968/mth.
3-bedroom Apartment: $1,125/mth.
Car Insurance: P.E.I. car insurance rates are among the cheapest in Canada. The average cost of an insurance policy for a P.E.I. driver is $816 according to the Insurance Bureau of Canada.