Citizens Economy Reportโ€บCitiesโ€บMoncton
Cost of Living Report ยท 2026

Cost of Living in Moncton, New Brunswick

Since January 2021, residents of Moncton have faced significant increases in rent, groceries, and everyday expenses. Here's what the data shows.

Rent increase since 2021
+36%
~$950 โ†’ ~$1,290/mo (2BR)
Food prices since 2021
+26.7%
Groceries, restaurants combined
National inflation (CPI)
+18.7%
Jan 2021 โ€“ Jul 2026

๐Ÿ“ Moncton at a Glance

  • โ€ขNew Brunswick rent up 36% โ€” driven by remote-work migration
  • โ€ขBilingual hub โ€” French and English services
  • โ€ขFood up 26.7% since 2021

New Brunswick Cost Breakdown

Average 2-bedroom rent
Moncton/Fredericton avg ~$950 (2021) โ†’ ~$1,290+ (2025)
+36%
Food prices (NB)
+26.7%

Provincial figures apply across New Brunswick. City-specific data noted where available.

How Moncton Compares to the National Average

CategoryMoncton / New BrunswickCanada (National)
Rent (2BR)+36%+35%
Food prices+26.7%+26.3%
Shelter CPIโ€”+33.2%
Overall inflationโ€”+18.7%

๐Ÿ›๏ธ Who's Responsible?

Cost of living is shaped by decisions made at all three levels of government. Housing affordability, taxation, transit, and local services are all within the power of elected and appointed officials.

Have you experienced these cost increases?

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Source: Statistics Canada, CMHC. Baseline: January 2021. Last updated: July 2026. Figures represent cumulative change Jan 2021โ€“Jul 2026. Provincial averages applied where city-specific data is unavailable. Full methodology โ†’