Canadian province · Canada
As of early October 2026, a gallon of regular gasoline in Prince Edward Island averages $4.91 — that is $1.30 per litre, and ranks #98 of 225 places we track, where #1 is the cheapest.
In local money that is roughly 1.85 CAD per litre, at the exchange rate of mid Oct 2026.
Mid-range Canadian province
Prince Edward Island pays federal and provincial fuel taxes plus carbon pricing at close to the national norm.
An estimated split of a $4.91 gallon in Prince Edward Island. Crude oil trades as one global price, so the part that differs between countries is mostly tax.
| Component | Per gallon | Per litre |
|---|---|---|
| Crude | $2.10 | $0.55 |
| Refining | $0.55 | $0.15 |
| Distribution | $0.85 | $0.22 |
| Tax | $1.41 | $0.37 |
| Pump price | $4.91 | $1.30 |
| Comparison | Per gallon | Difference |
|---|---|---|
| Prince Edward Island | $4.91 | — |
| World average of all 225 | $5.55 | −$0.64 |
| Canada average | $4.90 | +$0.01 |
| Cheapest anywhere — Libya | $0.09 | −$4.82 |
| Priciest anywhere — Hong Kong | $16.70 | +$11.79 |