PEI is one of Canada’s most scenic provinces, offering affordable living, safe communities, and diverse lifestyles. From bustling Charlottetown to quiet Souris, there’s a perfect town for families, professionals, and retirees alike.
Each of Canada's provinces is home to beautiful towns to discover and Prince Edward Island is no different. From Charlottetown to Souris, the "Garden of the Gulf" allows for a wonderful standard of life, with plenty of culture, history, and beautiful landscapes to explore.
If you're considering a relocation, you might be wondering what are the best cities to live in on Prince Edward Island?
In this article, we'll discuss some of our favourite picks for moving to Prince Edward Island, and what makes them a great choice for your new home.
1. Murray River, PEI
Murray River is a quaint village in Kings County with a population of about 300. Known for its welcoming community, picturesque landscapes, and proximity to the ocean, it’s perfect for those who prefer a slower, more peaceful lifestyle. The village is famous for its vineyards, seafood restaurants, and artisanal shops, making it attractive to both retirees and young families seeking tranquility.
Lifestyle and Community:
Life here is quiet but full of charm. Community events such as farmers’ markets, boat races, and craft fairs bring locals together. Murray River is also known for its outdoor recreation, with plenty of hiking trails, fishing spots, and nearby beaches.
Affordability and Cost of Living:
Real estate here is among the most affordable on the island, with homes averaging about 62% lower than PEI’s average price. The cost of living is relatively low compared to larger cities, making it ideal for budget-conscious movers.
Employment and Economy:
While job opportunities are limited, sectors like agriculture, fishing, and tourism are thriving. Many residents also commute to larger towns like Montague or Charlottetown. Remote work opportunities have increased here due to improved internet connectivity.
Safety and Demographics:
Crime rates are about 8% lower than the provincial average. The average age is about 46, with a mix of families and retirees.
2. Charlottetown, PEI
Charlottetown, the capital of PEI, is the island’s cultural and economic center. With a population of around 36,000, it balances small-town charm with modern conveniences. It’s known for its historical landmarks, arts and culture, and a growing tech and service sector.
Lifestyle and Amenities:
Residents enjoy access to theaters, museums, restaurants, and waterfront boardwalks. Festivals and cultural events occur year-round, celebrating the island’s heritage and creativity. Charlottetown is home to the University of Prince Edward Island and major healthcare facilities, making it a hub for education and health services.
Economy and Work Opportunities:
As the administrative and commercial heart of PEI, Charlottetown offers the most diverse job opportunities. Sectors like government, healthcare, education, technology, and tourism are strong. Unemployment is about 5.8%, lower than many rural parts of the province.
Cost of Living and Real Estate:
Despite being the capital, the cost of living remains reasonable compared to other Canadian cities. Median household income is around $53,736, and real estate is more affordable than in most provinces, though higher than smaller towns on PEI.
Safety and Community:
Charlottetown is considered safe, though crime rates are slightly higher than the provincial average due to its larger size. Still, its sense of community and vibrant neighborhoods make it a welcoming city for families and professionals.
3. Kensington, PEI
Located in the heart of PEI, Kensington is a town of about 1,800 residents. It is an ideal spot for those seeking small-town charm with easy access to larger cities like Summerside and Charlottetown. Kensington is known for its sense of community and rich history.
Community and Lifestyle:
Kensington’s residents are tight-knit, with many family-owned businesses and local events. It boasts several parks, playgrounds, and recreational centers. Internet connectivity is strong, making it appealing for remote workers.
Affordability:
The average home price is about $164,900, significantly more affordable than larger centers. Median household income is around $51,520. Although unemployment is higher (about 12%), many residents commute or work in agriculture, small businesses, or remote jobs.
Why Families Love It:
Good schools, safe neighborhoods, and proximity to beaches make it a favorite for families. The crime rate is notably low, adding to its appeal.
4. North Rustico, PEI
North Rustico, often called “The Crick” by locals, is a scenic fishing village with a population of about 650. It’s one of the island’s most picturesque communities, located on the north shore and close to Prince Edward Island National Park.
Lifestyle and Attractions:
Known for its harbor, boardwalk, and stunning coastal views, North Rustico thrives in the summer months, attracting tourists and seasonal residents. Community events, such as Canada Day celebrations and seafood festivals, add to its lively atmosphere.
Affordability and Living:
Real estate prices are moderate, with options for cottages, family homes, and investment properties. It’s perfect for retirees or families wanting a coastal lifestyle without the crowds of a big city.
Economy:
Fishing and tourism dominate the local economy, but it’s also close enough to Charlottetown for commuting.
5. Souris, PEI
Souris is a charming coastal town on Colville Bay, known for its natural beauty and slower pace. It’s ideal for retirees or anyone seeking serenity and affordability.
Lifestyle and Environment:
Souris offers beaches, parks, and hiking trails. It’s a hub for eco-tourism and outdoor enthusiasts, with activities like kayaking, cycling, and beachcombing.
Affordability:
The cost of living is about 18% lower than the Canadian average, and home prices are significantly lower than in larger markets. Median household income is about $42,368.
Safety and Community:
Crime is about 16% below the national average, making it a safe and welcoming town.
Bonus: Summerside, PEI
Summerside is PEI’s second-largest city and has grown significantly in popularity. It offers a mix of urban amenities and small-town charm, making it appealing to families, professionals, and retirees.
Economy and Growth:
Summerside has diversified its economy with strengths in aerospace, renewable energy, and digital industries. Job opportunities are increasing, attracting younger professionals.
Real Estate and Affordability:
The average home price is about $362,450 as of April 2025, still affordable compared to other provinces. Property taxes are relatively low.
Lifestyle and Community:
Residents enjoy cultural venues, shopping centers, and waterfront activities. Summerside is also close to beautiful beaches and trails, appealing to outdoor lovers.
Broader Benefits of Living in PEI
- Quality of Life: Clean air, scenic beauty, and friendly neighbors make PEI a haven for stress-free living.
- Education and Childcare: PEI ranks high in education quality and offers affordable childcare.
- Affordable Housing: More affordable than many Canadian provinces, with rural areas offering exceptional value.
- Economic Stability: Industries like agriculture, tourism, and tech are diversifying, and remote work has increased opportunities.
- Environmental Goals: PEI aims for net-zero emissions by 2040, showing strong environmental stewardship.
FAQs About Living in PEI
Looking to move to Prince Edward Island or curious about life in the province? Here are the 10 most commonly asked questions, answered quickly to help you make informed decisions.
Lower than the Canadian average, especially in smaller towns.
Yes, it offers safe communities, good schools, and affordable housing.
Government, healthcare, agriculture, fishing, tourism, and growing tech sectors.
Charlottetown has the main hospitals; smaller towns have clinics.
Yes, connectivity has improved across most areas.
Winters are cold and snowy, but manageable with proper preparation.
More affordable than many Canadian provinces, especially rural areas.
Kensington, Souris, and Murray River are among the safest.
Limited outside Charlottetown; owning a car is often necessary.
Yes, small towns offer quiet living and affordable homes.
Final Thoughts: Finding Your Place on PEI
Choosing where to live on Prince Edward Island is a deeply personal decision, shaped by lifestyle, priorities, and the kind of community you want to be part of. With the essential details now laid out, you're ready to confidently narrow down your shortlist and take the next step toward calling one of these welcoming cities or towns home.
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