3.6% below the Canada average
Ranked #264 of 538 cities · More expensive than 50.9% of cities worldwide
Compared to Canada average
Rent Prices
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | CAD 1,268/mo ≈ $917 | CAD 951/mo ≈ $688 | 25% |
| 3-Bedroom | CAD 2,207/mo ≈ $1,596 | CAD 1,655/mo ≈ $1,197 | 25% |
Waterloo is average by global standards (ranked #264 of 538 cities). It is 3.6% cheaper than the Canada average, based on 24 cities.
Groceries are average, while dining out is average. Restaurants offers the best value, while Rent is the priciest.
Local purchasing power is limited — residents can afford fewer goods and services than in most cities.
Workers in Canada earning CAD 80,503 gross take home CAD 5,097/month after tax (24% effective rate). See full Canada tax calculator →
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