Sherbrooke vs Waterloo Cost of Living (2026)
Waterloo is about 69% more expensive than Sherbrooke, mostly because of rent. A 1-bedroom rents for $1,900 a month in Waterloo vs $1,050 in Sherbrooke.
The Verdict
Sherbrooke / month
$1,500
Waterloo / month
$2,430
Rent, groceries and transit for one person.
Salary match: what you'd need to earn
Salary in Sherbrooke
$100,000
Take-home $69,585 · $5,799/mo
Needed in Waterloo
$168,558
Take-home $114,550 · $9,546/mo
To keep the same lifestyle in Waterloo you'd need $68,558 more a year (+69%).
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.
Expense Breakdown
Average Rent
1-Bed City Center
Sherbrooke
$1,050
Waterloo
$1,900
Groceries
Monthly Basket (1 Person)
Sherbrooke
$370
Waterloo
$430
Transportation
Monthly Transit Pass
Sherbrooke
$80
Waterloo
$100
Plan your move
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