Waterloo, Ontario Cost Of Living

Buy Rent

B-

Overall 2%

Goods & Services 8%

Housing 30%

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Waterloo	Ontario	National
Cost of living	98	111	100
Goods & Services	108	107	100
Groceries	100	101	100
Health care	103	103	100
Housing	70	120	100
Transportation	107	104	100
Utilities	130	119	100

Key findings

The cost of living in Waterloo is 13% lower than the Ontario average
The cost of living in Waterloo is 2% lower than the national average
Waterloo housing is 30% lower than the national average
Ontario sales tax is 33% higher than the national average
Ontario income tax is 40% lower than the national average

Most Affordable Places to Live in and Around Waterloo

See all the best places to live around Waterloo

Compare Waterloo, ON Cost of Living

See all Waterloo poll results

The best places in Ontario

Here are the best places to live in Ontario

Check out the 10 safest cities in Ontario

These are the 10 most affordable cities in Ontario

Top 10 best public schools in Waterloo

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Ontario Sales Tax

Province	Provincial Tax	Total Tax Rate
Ontario	8%	13%

Ontario Income Tax

Province	Income Tax (Low)	Income Tax (High)
Ontario	5.05%	13.16%

Goods & Services

Item	Waterloo	National avg.	Difference
Personal Care	102	94	8.1%
Recreation	99	102	3.3%

Groceries

Item	Waterloo	National avg.	Difference
Meat, Poultry and Fish	99	102	3.2%
Dairy Products and Eggs	101	105	3.5%
Bakery and Cereal Products	97	112	13.1%
Fruit and Vegetables	98	113	13.6%
Alcoholic Beverages	102	106	3.6%

Health Care

Item	Waterloo	National avg.	Difference
Doctor	104	101	2.9%

Housing

Item	Waterloo	National avg.	Difference
Home Price ($)	618,225	663,503	6.8%
Apartment Rent ($)	1,107	1,274	13.1%

Transportation

Item	Waterloo	National avg.	Difference
Gasoline	99	102	3.0%

Utilities

Item	Waterloo	National avg.	Difference
All Electricity	106	99	7.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cambridge, ON	140,221	94	6.0%
Kitchener, ON	259,162	95	5.4%
Wilmot, ON	22,827	100	0.4%
Woolwich, ON	28,438	101	0.6%
Wellesley, ON	12,358	101	1.0%
Waterloo, ON	118,234	98	2.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Ann Arbor, MI	118,087	n/a
Berkeley, CA	118,585	n/a
Beaumont, TX	117,729	n/a
Norman, OK	118,974	n/a
Terrebonne, QC	119,135	75	25.1%
Waterloo, ON	118,234	98	2.5%

Source: The Waterloo, ON data and statistics displayed above are derived from Statistics Canada 2020.