location_city ON vs location_city NB

Cost of Living: Waterloo vs Fredericton

Making a move? Compare the exact 2026 data for housing, food, and transit to see exactly how your lifestyle budget will change between these two cities.

The Verdict

Living in Fredericton is 31% cheaper than living in Waterloo overall.

To maintain your exact standard of living, a $100,000 salary in Waterloo is mathematically equivalent to earning $69,245 in Fredericton.

Expense Breakdown

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Average Rent

1-Bed City Center

Waterloo

$1,900

34% cheaper

Fredericton

$1,250

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Groceries

Monthly Basket (1 Person)

Waterloo

$430

7% cheaper

Fredericton

$400

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Transportation

Monthly Transit Pass

Waterloo

$100

20% cheaper

Fredericton

$80

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Calculate Your Exact Salary

Ready to see how much you'll keep after taxes in NB? Use our Canadian Income Tax Calculator to get a precise breakdown.

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