Cornwall

Small town · Prince Edward Island · Population 6,574

Housing and jobs

Housing costs, rents, incomes and jobs in Cornwall, with comparisons and sources.

25 · Below average

Average monthly rent$1,234/month

PE: $996/month · Canada: $1,209/month · 2006: $919/month · 2016: $1,104/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$984/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,066/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,354/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,548/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$324,000

PE: $300,000 · Canada: $472,000 · 2016: $220,496 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing17.1%

PE: 15.5% · Canada: 20.9% · 2006: 17.7% · 2016: 16% · Statistics Canada, 2021

76 · Good

Median household income$85,000

PE: $73,500 · Canada: $84,000 · 2006: $77,319 · 2016: $82,439 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)22.9%

PE: 8% · Canada: 5.2% · 2016: 3.6% · Statistics Canada, 2021

Unemployment rate7.8%

PE: 10.3% · Canada: 10.3% · 2006: 9.2% · 2016: 8% · Statistics Canada, 2021