6.5% below the Canada average
Ranked #228 of 577 cities · More expensive than 60.5% of cities worldwide
Compared to Canada average · See Canada ranking →
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | CAD 2,001/mo ≈ $1,415 | CAD 1,637/mo ≈ $1,157 | 18% |
| 3-Bedroom | CAD 3,058/mo ≈ $2,162 | CAD 2,610/mo ≈ $1,845 | 15% |
Waterloo has a cost of living index of 44.4 (New York = 100, rent included), from a single data source.
ShouldIMove price index: our own basket of real item prices plus rent.
Waterloo is mid-priced by global standards (ranked #228 of 577 cities). It is 6.5% cheaper than the Canada average, based on 27 cities.
Groceries are affordable and dining out is affordable. The best value is restaurants and the priciest is rent.
Local purchasing power is strong: residents can afford more goods and services than in most cities.
Workers in Canada earning CAD 79,271 gross take home CAD 4,984/month after tax (24.5% effective rate). See full Canada tax calculator →
Add your current city and salary to compare your take-home pay and living costs with Waterloo.
Compare your salary in Waterloo →Relocation Toolkit
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