Compare cost of living in new brunswick fredericton with moncton

New Brunswick is a beautiful province with two vibrant cities, Fredericton and Moncton. While both cities have their own unique charm, the cost of living can vary slightly between the two. Here's a comparison of the cost of living in Fredericton and Moncton:

Housing:

• Rent:
  • 1-bedroom apartment in Fredericton: $800-$1,200 per month
  • 1-bedroom apartment in Moncton: $700-$1,100 per month
• Buying a home:
  • Average house price in Fredericton: $240,000-$300,000
  • Average house price in Moncton: $220,000-$280,000

Food:

• Groceries:
  • Milk (1L): $2.50-$3.50 in Fredericton, $2.20-$3.20 in Moncton
  • Bread (loaf): $2.50-$3.50 in Fredericton, $2.20-$3.20 in Moncton
  • Eggs (dozen): $2.50-$3.50 in Fredericton, $2.20-$3.20 in Moncton
• Eating out:
  • Fast food meal: $8-$12 in both cities
  • Mid-range restaurant meal: $15-$25 in both cities
  • Fine dining meal: $30-$50 in both cities

Transportation:

• Gasoline:
  • Average price per liter: $1.20-$1.40 in both cities
• Public transportation:
  • Monthly pass: $60-$80 in Fredericton, $50-$70 in Moncton
• Vehicle insurance:
  • Average annual premium: $1,200-$1,800 in both cities

Utilities:

• Electricity:
  • Average monthly bill: $100-$150 in both cities
• Water:
  • Average monthly bill: $50-$100 in both cities
• Internet:
  • Average monthly bill: $50-$100 in both cities

Taxes:

• Provincial sales tax (HST): 15% in both cities
• Property taxes:
  • Average annual bill: $2,000-$3,000 in Fredericton, $1,800-$2,800 in Moncton

Other expenses:

• Entertainment:
  • Movie ticket: $10-$15 in both cities
  • Gym membership: $30-$50 per month in both cities
• Healthcare:
  • Doctor's visit: $50-$100 in both cities
  • Prescription medication: $10-$50 per prescription in both cities

Overall, the cost of living in Fredericton and Moncton is relatively similar. However, Fredericton tends to be slightly more expensive, especially when it comes to housing and transportation. Moncton, on the other hand, has a slightly lower cost of living, making it a more affordable option for those looking to relocate.

Keep in mind that these are general estimates, and actual costs can vary depending on individual circumstances, lifestyle, and personal choices. It's always a good idea to research and visit both cities before making a decision about where to live.