How much has kitchen renovation cost inflation risen in New Brunswick over the past two to three years?
How much has kitchen renovation cost inflation risen in New Brunswick over the past two to three years?
Kitchen renovation costs in New Brunswick have increased 25-35% over the past three years, with the steepest increases occurring in 2022-2023 before moderating somewhat in 2024.
The most significant price jumps hit materials and appliances. Cabinet costs rose 30-40% due to supply chain disruptions and lumber price volatility. A mid-range semi-custom kitchen that cost $12,000-15,000 in 2021 now runs $16,000-20,000. Countertop materials saw similar increases — quartz that was $50-80 per square foot installed in 2021 now costs $60-120 per square foot in most NB markets.
Appliance packages experienced the most dramatic inflation. A standard four-piece package (refrigerator, range, dishwasher, microwave) that cost $3,000-5,000 in early 2022 jumped to $4,500-7,500 by late 2023. Supply chain issues particularly affected higher-end brands, with some homeowners waiting 4-6 months for delivery — delays that became costly when contractors had to return multiple times to complete installations.
Labour costs in New Brunswick increased more modestly — about 15-20% over the three-year period. NB's renovation market remained less inflated than Ontario or BC, where labour shortages drove wages up faster. However, contractor availability became the bigger issue. Many established kitchen renovators are booked 3-4 months out during peak season (May through October), compared to 4-6 weeks pre-pandemic.
Permit and inspection fees also crept up 10-15% across most NB municipalities, though these represent a small portion of total project costs. More significantly, electrical panel upgrades — necessary in many older NB homes — increased from $1,200-2,500 to $1,500-4,000 due to material shortages and increased demand.
The good news for 2024-2025 is that material costs have stabilized somewhat. Lumber prices dropped from their 2022 peaks, and appliance supply chains normalized. However, prices haven't returned to 2021 levels and likely won't. Most contractors are quoting projects with 60-90 day material price protection, compared to 30 days previously.
Practical budgeting advice: If you were planning a $30,000 kitchen renovation based on 2021 pricing, budget $38,000-42,000 for the same scope today. Get multiple quotes quickly once you're ready to proceed — material prices can still shift with little notice, and the best contractors book up fast during renovation season.
Need help finding a kitchen renovator who can provide current, competitive pricing? New Brunswick Kitchens can match you with local professionals for free estimates on your project.
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