How expensive is Waterloo Canada?

The cost of living in Waterloo is CA$1,470 per month excluding tuition fees. It is lower than Toronto and its neighbouring areas. The cost of food will be around CA$156 housing will cost CA$951, etc.

Is it expensive to live in Waterloo?

Average Cost of Living per Month in Waterloo

The average cost of living in Waterloo is $3,938/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

Is Waterloo more expensive than Toronto?

Cost of living in Kitchener-Waterloo (Canada) is 32% cheaper than in Toronto (Canada)

What is the average price of a house in Waterloo Canada?

Looking again broadly at Waterloo Region during January 2024, the average single-family detached home price was $911,262 in 2023, up 2.6% year-over-year. Semi-detached home prices are down 2.9% year-over-year to $631,995 in January 2024, with townhouses rising 2% above last year's price to $638,162.

Is Waterloo Canada a good place to live?

Waterloo Region is a great place to live, work and raise a family. We are a diverse and thriving community with a unique blend of urban and rural areas.

Is Kitchener - Waterloo Ontario a Great Place to Live? Silicon Valley North?

Is Waterloo affordable?

One among many unaffordable Ontario regions. The Waterloo region isn't alone in this affordability issue. Only 19 of Ontario's 245 local real estate markets are considered affordable for average-income-earning households (about $100,000).

What are pros and cons in Waterloo?

Is Waterloo expensive city?

The cost of living in Waterloo is typically around 12% lower in Waterloo than Toronto, but for rent, which makes up a large proportion of your monthly expenses, you can save about 26%.

Why is Waterloo Canada famous?

Waterloo is home to two of the highest-ranked universities in the country and attracts some of the best and brightest talent from around the world.

Where in Canada are the lowest house prices?

What are the pros of living in Waterloo?

Kitchener-Waterloo offers new immigrants many benefits. It is a safe community that is affordable and offers many great festivals and cultural events. It's also close to other cities. You can also live in surrounding communities, with many housing options.

Is Waterloo Canada a big city?

As one of Ontario's largest cities, Kitchener-Waterloo has a population of over 378,000, with the whole region sitting at just over 575,000.

Why is Waterloo better?

Waterloo is ranked #1 in Canada for graduate employment rate (QS Graduate Employability Rankings 2022). With our connections to business and industry, co-op experience, research opportunities, and career support, you'll graduate ready to succeed.

How much do you need to make to live in Waterloo?

Average Cost of Living per Month in Waterloo

The average cost of living in Waterloo is $3,938/month for a single person who rents. This average is based on many factors including the cost of housing, transportation, groceries, and entertainment.

What is the best area to live in Waterloo?

Is Waterloo a good place to retire?

Seniors who enjoy museums and galleries will love exploring the city's many attractions, including the Waterloo Region Museum and the Canadian Clay and Glass Gallery. For seniors who prefer outdoor activities, Waterloo offers a variety of parks and green spaces, such as Waterloo Park and Laurel Creek Conservation Area.

What language is spoken in Waterloo Canada?

The province of Ontario speaks English as a first language, so the most spoken language in Waterloo, (Ontario), Canada; is English.

What is the main industry in Waterloo?

Now recognized as a global technology hub, Waterloo Region is playing a lead role in advanced manufacturing. Our community is home to more than 1,850 manufacturing companies in such diverse sectors as automotive, aerospace, robotics, food processing, plastics and fabricated metals.

Is Waterloo a walkable city?

Waterloo has an average Walk Score of 41 with 98,780 residents. Waterloo has some public transportation and is somewhat bikeable.

Is Waterloo good for tourists?

You're Going to Love Waterloo

It is among the most popular tourist destinations in the country. We recommend you stay at least 2 days in order to fully appreciate everything Waterloo has to offer.

Is Waterloo cheaper than Calgary?

You would need around 7,346.6C$ in Calgary to maintain the same standard of life that you can have with 7,000.0C$ in Waterloo (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).

Is Waterloo a big university?

The university is a co-educational institution, with approximately 36,000 undergraduate and 6,200 postgraduate students enrolled there in 2020.