location_city NB vs location_city ON

Moncton vs Waterloo Cost of Living (2026)

Waterloo is about 55% more expensive than Moncton, mostly because of rent. A 1-bedroom rents for $1,900 a month in Waterloo vs $1,150 in Moncton.

The Verdict

Living in Waterloo is 55% more expensive than living in Moncton overall.

Moncton / month

$1,615

Waterloo / month

$2,430

Rent, groceries and transit for one person.

Your salary in Moncton $

Salary in Moncton

$100,000

Take-home $71,215 · $5,935/mo

Needed in Waterloo

$155,446

Take-home $107,334 · $8,945/mo

To keep the same lifestyle in Waterloo you'd need $55,446 more a year (+55%).

Take-home is after 2026 federal and provincial income tax, CPP/QPP and EI for an employee. Cost of living weighs rent, groceries and transit.

real_estate_agent

1-Bed City Center

Moncton

$1,150

65% more expensive

Waterloo

$1,900

shopping_cart

Monthly Basket (1 Person)

Moncton

$390

10% more expensive

Waterloo

$430

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Monthly Transit Pass

Moncton

$75

33% more expensive

Waterloo

$100

Keep going