Property taxes in Greater Moncton work differently than most people expect, and the difference between Moncton, Dieppe, and Riverview can catch buyers off guard. Move just five minutes down the road, from Moncton to Riverview, and what you pay each year actually changes.
This is where you see more meaningful differences. You could pay about $200 more in one year between the highest and lowest municipalities.
Here's What Actually Happens with Your Property Taxes
Every property gets assessed for value, then you pay taxes on that value to 2 places: your city (or town), which looks after things like snow plowing and fire trucks, and the province of New Brunswick, for things like healthcare and education. Pretty straightforward, except the rates are different everywhere.
The Numbers That Matter
Right now, here's what homeowners across Greater Moncton are looking at, per $100 of assessed value:
- Moncton: $1.3614
- Dieppe: $1.3650
- Riverview: $1.3826
The Good News About Provincial Taxes
If the home is where you actually live, you don't pay the provincial portion ($0.5617 per $100). That saves you about $2,200 a year on a $400,000 home. But if it's a rental property or cottage, you're paying the full amount.
Don't Forget the Other Costs
Your property tax bill isn't your only city expense. Water and sewer fees are different in each city too:
- Moncton: $1,128/year
- Dieppe: $948/year
- Riverview: $920/year
What This Means for You
We always tell our clients to factor these costs into their budget from day one, but don't let small tax differences drive your decision. Focus on the home and neighbourhood you love - the tax variations between these cities won't make or break your budget. We help people across Greater Moncton figure this stuff out every week, from first-time buyers trying to understand all the costs to families comparing neighbourhoods.
Reach out anytime. We'd be happy to help!