Salary Required

Salary required to live in Waterloo, ON

Three lifestyle tiers, back-solved from local rent, cost of living, and tax.

Modest

$69,000

Gross, single filer

  • Housing: $1,900/mo
  • Savings: $250/mo
  • Discretionary: $600/mo

Comfortable

$105,000

Gross, single filer

  • Housing: $2,185/mo
  • Savings: $1,200/mo
  • Discretionary: $1,500/mo

Aspirational

$167,000

Gross, single filer

  • Housing: $3,040/mo
  • Savings: $2,500/mo
  • Discretionary: $2,800/mo

Local rent (1-BR)

$1,900/mo

COL index

109

100 = US average

Median home price

$720,000