Cost of living
Cost of living in Kitchener–Waterloo
Average rent and household spending in Kitchener–Waterloo — and a quick check of whether your rent is reasonable for your income.
Average rent in Kitchener–Waterloo
CMHC, apartment structures of three units and over.
| Bachelor | $1,255/mo |
|---|---|
| 1 bedroom | $1,546/mo |
| 2 bedroom | $1,816/mo |
| 3 bedroom | $1,861/mo |
Is your rent reasonable?
Check your rent in Kitchener–Waterloo
That's about average for Kitchener–Waterloo ($1,816).
City comparison
How Kitchener–Waterloo compares
A one-bedroom in Kitchener–Waterloo averages $1,546 a month, the 6th most expensive of the 18 cities we track and $139 above the 18-city average of $1,407.
Keeping rent under the 30% guideline takes a gross income of about $61,840 a year for a one-bedroom here, and about $72,640 for a two-bedroom.
The median individual income in Kitchener–Waterloo is $45,570, so an average one-bedroom takes 41% of a median earner's gross income: house-poor.
Household spending in Ontario
Average household, per year (Survey of Household Spending).
Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.
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