Waterloo, Canada

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Est. Monthly Cost (1 Person)
$2,253
Retiree Score
100.0
Safety Index
Healthcare
59 facilities

Waterloo may attract high-tech workers with its educated population and low unemployment, but residents face a constant headache from bureaucracy - the city has fought for decades over the best way to provide fire services. With a population of 121,436, the city has grown 15.7% since 2016, driven by the presence of two major universities and a thriving insurance and tech sector. However, the weather is not for the faint of heart, with temperatures reaching over 30°C several times each humid summer. While Waterloo offers good job prospects, its combination of red tape and harsh climate make it best suited for those who can tolerate a bit of frustration in exchange for economic opportunity.

Can I afford Waterloo?

$

Waterloo

You could save

747/mo

Savings Rate25%

Monthly Costs

Rent $1,227
Living (Country Average Adjusted)$1,026

Attractiveness Scores

FIRE Score
(i)
25/100
Retiree Score
(i)
100/100
Lifestyle Score
(i)
50/100
💻Nomad Score
(i)
50/100
Meets Canada Digital Nomad Visa Income Rule.
Safety
59
Healthcare
100
Walkability
100
Nomad

Grocery Basket

Milk (1L) $2
Bread (loaf) *$2
Eggs (12) $3
Rice (1kg) *$4
Chicken (1kg) *$12

* Estimated based on regional averages.

Eating Out

Meal (Inexpensive) *$15
Meal (Mid-range) $73
Cappuccino $3
Water (0.33L) *$1

* Estimated based on regional averages.

Utilities & Lifestyle

Utilities (mo) $153
Mobile Plan (mo) $34
Gym (mo) *$38
Cinema Ticket $12

* Estimated based on regional averages.

Housing

1BR Center (mo) $736
1BR Outside (mo) *$689
3BR Center (mo) $1,122
3BR Outside (mo) *$1,078

* Estimated based on regional averages.

Expat Life

English Proficiency
Expat Community
Top Neighborhoods
Elevation
323m
Nearest Airport
YYZ (75km)

Local Economy

Avg Monthly Salary
$3,093
Mortgage Interest Rate
5.22%

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
Annual Rainfall
942 mm
Coworking Spaces
Best Months to Visit
Jun, Jul, Aug, Sep

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Is Waterloo safe for expats?

Safety in Waterloo is rated with a safety index of N/A.

How much does rent cost in Waterloo?

The estimated monthly budget for a single person in Waterloo is approximately 2253 USD.

Is Waterloo good for retirees?

The retiree score for Waterloo is 100/100.