ON
vs
QC
Cost of Living: Waterloo vs Montreal
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 Montreal is 10% cheaper than living in Waterloo overall.
To maintain your exact standard of living, a $100,000 salary in Waterloo is mathematically equivalent to earning $90,027 in Montreal.
Expense Breakdown
Average Rent
1-Bed City Center
Waterloo
$1,900
11% cheaper
Montreal
$1,700
Groceries
Monthly Basket (1 Person)
Waterloo
$430
7% cheaper
Montreal
$400
Transportation
Monthly Transit Pass
Waterloo
$100
3% cheaper
Montreal
$97
Calculate Your Exact Salary
Ready to see how much you'll keep after taxes in QC? Use our Canadian Income Tax Calculator to get a precise breakdown.