10 reasons to move to Prince Edward Island

By Christine Teskey - Nov 03, 2023

Nestled on the eastern coast of Canada, Prince Edward Island (PEI) may be the smallest of the provinces, but it packs a punch when it comes to reasons for calling it home. From the mesmerizing beaches and vibrant culture to a lower cost of living and an exceptional quality of life, PEI has much to offer those looking to relocate. In this guide, we'll explore the top 10 reasons why you should consider moving to PEI.

High quality of life

Moving to PEI means enjoying an amazing quality of life. You'll be surrounded by beautiful nature like rolling hills, picturesque beaches, and charming coastal towns, which will enhance your overall well-being. PEI's slower pace of life provides an escape from the bustling urban lifestyle, allowing you to unwind and achieve a sense of balance. The tight-knit communities here make you feel like you belong, and the friendly locals create a welcoming and warm environment. Additionally, with one of the lowest crime rates in Canada, excellent schools, and a wide range of recreational activities, PEI is an exceptional choice for those considering relocation.

Low cost of living

One of the most important factors to consider when choosing where to live is the cost of living. Fortunately, PEI stands out as a budget-friendly choice. Even its provincial capital, Charlottetown, is one of the most affordable cities in Canada. Housing expenses in PEI are notably low, with the average home price standing at $390,876, significantly below the national average, making it an attractive destination for potential home buyers. And it's not just housing – your everyday expenses like groceries, transportation, utilities, and entertainment are also affordable here. If you're looking to buy a home and save some money, PEI is a great place to consider moving to.

Plenty of job opportunities

If you're thinking about moving to PEI and you're interested in buying a home, you'll discover numerous job opportunities in various fields. These include farming, fishing, hospitality, information technology, healthcare, bioscience, aerospace, and renewable energy. In addition to its thriving job market, PEI is also an ideal place for entrepreneurs. The province is known for being one of the lowest-cost locations for business in the G7, ensuring your business can flourish here. With access to highly skilled professionals and supportive infrastructure, it's an ideal place to start your own business. Whether you're seeking employment in established industries or considering entrepreneurial ventures, PEI offers a friendly atmosphere with ample prospects for career growth and success, making it an attractive choice for potential homebuyers.

Convenience and accessibility

PEI is a dream come true for home buyers seeking a peaceful and hassle-free life. The island's tiny size, at less than 6,000 square kilometers, ensures that everything you need is just a stone's throw away. From beautiful beaches to restaurants, stores, and more, you won't have to contend with big traffic jams. In fact, you can drive from one end of the island to the other in just about 3 hours, making your daily commute a breeze. If you ever feel like exploring, taking a scenic coastal drive around the entire island would only take approximately 8 hours. Moreover, if you want to travel out of the province, the Charlottetown Airport provides easy access to destinations within Canada. To enhance your convenience further, you'll discover that New Brunswick and Nova Scotia are easily accessible from PEI.

Mild climate

If you're looking to relocate to PEI, you'll find the island's weather to be mostly mild, making it a comfortable place to live. Summers on the island are generally warm and pleasant, with the refreshing ocean breeze helping to moderate the temperature. Even the winters are not unbearably cold, offering a comfortable experience during the colder months. The island's climate provides an excellent backdrop for year-round adventures, from hiking and beach days in the summer to skiing and snowshoeing in the winter, ensuring that PEI’s beauty can be enjoyed in all seasons.

Diverse places to live

PEI provides a diverse range of living options for those contemplating a move, positioning it as one of the top 10 reasons to consider relocating to the island. The province features a variety of cities and towns, each with its own unique charm and character. When it comes to buying a home, consider these top cities and towns within the province for your new home:

Charlottetown:

The capital city offers a vibrant arts and culture scene, post-secondary institutions, and a mix of historic and modern neighborhoods.

Summerside:

The second-largest city on the island, Summerside features a diverse real estate market, captivating waterfront, an abundance of amenities, and various career opportunities.

Stratford:

Located just across the river from Charlottetown, Stratford provides a quieter suburban lifestyle with easy access to the city and a mix of housing options, including family-friendly neighborhoods and waterfront properties.

Cornwall:

A peaceful town conveniently located near Charlottetown, offering affordable housing options that are below the island's average home price.

Kensington:

If you prefer a small-town lifestyle, consider Kensington, which boasts historical landmarks, charming eateries, and convenient access to the scenic Confederation Trail.

Three Rivers:

Living in Three Rivers provides a unique blend of natural beauty, cultural richness, and a strong sense of community, making it an appealing place to move.

PEI's diverse cities and towns cater to a variety of preferences, making it an inclusive and appealing province to consider relocating to, whether you prefer the amenities of urban living, the tranquility of the countryside, or the coastal charm it provides.

Family friendly place to buy a home

PEI is an exceptionally family-friendly place when it comes to buying a home. Known for its safe and tight-knit communities, PEI offers an ideal environment for raising children. The island boasts a strong focus on education, with excellent schools, such as the University of Prince Edward Island and Holland College. Families can enjoy the island's picturesque landscapes, from pristine beaches to lush parks, providing ample opportunities for outdoor activities. Additionally, there are many family attractions to enjoy, such as The Anne of Green Gables Museum and the Avonlea Village, which offer a glimpse into the island's rich cultural heritage.

Outdoor activities and beautiful beaches

No matter where you decide to buy a home on PEI, you'll always find the ocean and its stunning beaches within easy reach. The island's pristine coastline features some of the most breathtaking beaches in the region, such as Cavendish Beach, Brackley Beach, Basin Head, and Greenwich Beach. In addition, PEI's captivating landscapes offer an array of outdoor activities, from hiking and biking to paddling, boating, and golfing, making it an ideal place for those who love to embrace the great outdoors. Popular locations like the Confederation Trail add to the island's allure, providing scenic routes for walking and cycling through its beautiful countryside, spanning an impressive 273 kilometers from west to east.

Festivals and events all year

PEI is a vibrant hub of festivities throughout the year, offering something for everyone to enjoy. In the summer, the island comes alive with events like the renowned Cavendish Beach Music Festival, celebrating country music and drawing crowds from near and far. The Charlottetown Festival, Canada's most prestigious musical theatre festival, adds to the summer's allure. In the fall, the PEI International Shellfish Festival indulges seafood lovers, while the vibrant Fall Flavors Festival showcases the island's culinary talents. Spring unveils The Festival of Wines, PEI's largest wine tasting event. These festivals and events are a delightful reason to consider making a move to this captivating province.

Delicious seafood

With its bountiful seafood offerings and diverse local crops ranging from blueberries to potatoes, PEI has earned its reputation as Canada's food island. The island's culinary scene is a masterpiece, with a focus on exceptionally fresh seafood, including lobster, clams, oysters, and a wide array of fish. You can savor these culinary delights at renowned establishments like New Glasgow Lobster Suppers, The Claddagh Oyster House, Point Prim Chowder House, and Richard's Fresh Seafood. For homebuyers in PEI, these dining experiences are a fantastic addition to PEI's many attractions and make the island an even more appealing place to buy a home.

Find the best real estate agent in PEI

For homebuyers considering a move to PEI, you've uncovered a gem of a place to call home. And to make this journey even more delightful, look to Nobul as your trusted guide. With Nobul, you can effortlessly connect with experienced real estate agents who understand the PEI real estate market inside out. You can browse through available homes for sale and receive expert guidance to find your dream home. From the enchanting coastal communities to the lively urban landscapes, PEI offers a wide range of properties waiting to be explored. So, why not make your transition to this captivating province as seamless as possible? Sign up with Nobul today and take one step closer to discovering your dream home in PEI.

Find the right agent for you today

Whether you're buying or selling a home, we make it simple and stress-free to connect with a top real estate agent in your area.

You may also like