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P.E.I. cities climbing ranks of most expensive in Canada--why bother?

State Media: 'P.E.I.'s inflation, which for months has been the highest in Canada, is threatening to push Charlottetown and Summerside into the ranks of some of the most expensive cities in Canada.

'Statistics Canada publishes an annual list comparing the cost of living in 14 cities, including two in the territories and 12 in the provinces. It uses an index, with an average of 100, to compare the relative costs in each city.

'In 2017, P.E.I.'s cost of living index was 94. Only Saint John and Montreal were lower, at 92.

The most current year on Statistics Canada's comparative index is 2019, but CBC News used the published inflation rate in each of the cities to create its own comparative index to March of 2022.'

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