I just registered because I had to comment on this. I'm going to stick around this forum since it seems like a neat place. I'm from PEI and currently have a PNP participant staying with me through Airbnb. Being from here I know the prices of things and cost of living is definitely lower here. Real estate is also cheaper, expect to pay, starting at, $750 for a two bedroom apartment. The job market however is not comparable. The Island has a higher unemployment rate and BC is nearly half. That doesn't mean you're twice as likely to get a job in BC because a lot of people here do get jobs but the market can be thin at times and selection can be limited (if you have a niche skill that can be good - we're big on aviation, agriculture and tourism, with a steadily increasing business community).
Now, I want to point out that PEI is, for me, an amazing place to live and everyone should at the very least consider it. Our resources for new comers is vast and extensive, our communities are super giving and the people are really helpful and supportive. There are going to be struggles no matter where you go but my new friend from Israel desperately wants to stay here, bring his family here and start a new life on PEI.
If anyone has any specific questions about life here or just wants someone to help them when they arrive please don't hesitate to reach out.
I'm a business owner with a passion in helping newcomers settle and ultimately make a life here. Best of luck to everyone in the PNP program, I admire your resilience and dedication to leaving your countries, starting fresh and throwing yourself into the unknown. It's take a lot of guts to do what you're doing.