New Glasgow

Small town · Prince Edward Island · Population 4,277

Housing and jobs

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

44 · Average

Average monthly rent$880/month

PE: $996/month · Canada: $1,209/month · 2006: $384/month (estimated) · 2016: $193/month (estimated) (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)$300,000

PE: $300,000 · Canada: $472,000 · 2016: $212,247 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.3%

PE: 15.5% · Canada: 20.9% · 2006: 17.5% (estimated) · 2016: 13.3% (estimated) · Statistics Canada, 2021

55 · Average

Median household income$81,000

PE: $73,500 · Canada: $84,000 · 2006: $60,855 (estimated) · 2016: $73,280 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)10.9%

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

Unemployment rate11.5%

PE: 10.3% · Canada: 10.3% · 2006: 11.8% (estimated) · 2016: 11.3% (estimated) · Statistics Canada, 2021