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What is the average salary in Waterloo, ON?

The average salary in Waterloo, ON is $52,222 per year.

Job seekers in Waterloo, Ontario, can find a range of salary options. The average yearly salary stands at approximately $52,222. This diverse income landscape offers competitive pay across various sectors.


Different industries provide varying salary ranges. For instance, the top earners make around $136,415 per year. Other notable salaries include $116,281, $106,214, and $96,147. These figures highlight the earning potential available in Waterloo, making it an attractive place for job seekers.

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What are the best paying jobs in Waterloo, ON?

Job seekers in Waterloo, ON, have many opportunities for high-paying careers. The top jobs include Software Engineer, Technical Project Lead, and Analyst. These roles offer competitive salaries and promising career growth. Software Engineers in Waterloo earn an average of $114,697 annually. Technical Project Leads make around $72,614 per year, while Analysts average $61,895. These positions require specialized skills, but they reward employees with good pay and benefits. Employers in Waterloo value these roles, making them attractive to job seekers.
Graph displaying best paying job salaries in Waterloo, ON, highlighting Software Engineer with the highest at $114,697 and Server with the lowest at $26,386.
  1. Software Engineer
    Average Salary: $114,697
    As a software engineer, you can work on creating and testing software at leading tech companies. You will collaborate with a team to design and implement solutions. The city is home to many tech companies, including BlackBerry and Waterloo Works.
    Find Software Engineer jobs in Waterloo, ON


  2. Technical Project Lead
    Average Salary: $72,614
    In this role, you will manage projects and oversee teams to ensure successful delivery. Companies in the area offer diverse projects, particularly in tech and research sectors. You will work with teams to meet project goals and deadlines.
    Find Technical Project Lead jobs in Waterloo, ON


  3. Analyst
    Average Salary: $61,895
    Analysts in this city support companies by analyzing data and providing insights. They work with finance, marketing, and research firms to improve operations. This role is ideal for those who enjoy working with data and solving problems.
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  4. Administrative Assistant
    Average Salary: $36,435
    Administrative assistants support the smooth operation of offices by handling tasks such as scheduling and correspondence. This role is important in various sectors, including education and healthcare. They ensure that daily operations run efficiently.
    Find Administrative Assistant jobs in Waterloo, ON


  5. Customer Service Representative
    Average Salary: $32,016
    Representatives in this field assist customers by answering questions and solving issues. They work for companies that value customer satisfaction. This role involves a lot of communication and problem-solving.
    Find Customer Service Representative jobs in Waterloo, ON


  6. Sales Associate
    Average Salary: $30,940
    Sales associates help customers find products that meet their needs. They work in retail stores and other businesses. This role is perfect for those who enjoy helping people and making sales.
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  7. Line Cook
    Average Salary: $28,655
    Line cooks prepare food quickly and efficiently in restaurant kitchens. They work in various types of restaurants and food service establishments. This job is ideal for those who love cooking and working in a fast-paced environment.
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  8. Server
    Average Salary: $26,386
    Servers work in restaurants and cater to customers by taking orders and serving food. They interact directly with customers and ensure they have a good dining experience. This role involves good customer service skills and teamwork.
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What are the best paying jobs in Waterloo, ON without a degree?

Waterloo, Ontario, offers several high-paying jobs that do not require a college degree. Landscapers in the area earn an average of $31,845 per year, which is the highest among these opportunities. Also, line cooks, food service aides, and baristas offer competitive salaries with averages ranging from $26,386 to $28,655 per year. These positions provide good earning potential for those looking to start or advance in their careers without the need for a degree. Landscapers, for instance, can enjoy a stable income while working outdoors. Food service workers, including line cooks, food service aides, and baristas, benefit from flexible hours and tips, which can boost their earnings. Dishwashers and servers round out the list, with averages of $26,662 and $26,386 per year, respectively. All these roles require different skills but offer solid financial rewards.
Graph displaying best paying job salaries in Waterloo, ON without a degree, highlighting Landscaper with the highest at $31,845 and Server with the lowest at $26,386.
  1. Landscaper
    Average Salary: $31,845
    Maintain and beautify outdoor spaces for residential and commercial clients. Work for local landscape companies or city maintenance departments. Tasks include planting, mowing, pruning, and irrigation maintenance.
    Find Landscaper jobs in Waterloo, ON


  2. Line Cook
    Average Salary: $28,655
    Prepare ingredients and cook meals in a fast-paced kitchen environment. Often work in restaurants and cafes. Duties include chopping, sautéing, and following recipes. Collaboration with kitchen staff is key.
    Find Line Cook jobs in Waterloo, ON


  3. Food Service Aide
    Average Salary: $27,567
    Assist kitchen staff in food preparation and cleanup. Tasks include washing dishes, stocking supplies, and maintaining a clean workspace. Common in cafeterias and food courts.
    Find Food Service Aide jobs in Waterloo, ON


  4. Barista
    Average Salary: $26,963
    Prepare and serve coffee and other beverages in cafes and restaurants. Work in a fast-paced environment. Responsibilities include taking orders, using espresso machines, and cleaning equipment.
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  5. Dishwasher
    Average Salary: $26,662
    Clean dishes, utensils, and kitchen equipment. This role is crucial for maintaining a clean and efficient kitchen. Work in restaurants and cafes, ensuring all items are spotless and ready for reuse.
    Find Dishwasher jobs in Waterloo, ON


  6. Server
    Average Salary: $26,386
    Serve food and beverages to customers in restaurants and cafes. Ensure a pleasant dining experience. Duties include taking orders, delivering food, and addressing customer needs promptly.
    Find Server jobs in Waterloo, ON

Which companies offer the top salaries in Waterloo, ON?

Job seekers in Waterloo, ON, find attractive salary packages at major companies like Google and Manulife. Google offers an average salary of $137,995, providing competitive compensation to its employees. This makes it one of the best-paying companies in the region. Similarly, Manulife offers an average salary of $73,649, making it another strong option for those seeking rewarding employment opportunities. These figures highlight the potential for earning a solid income in Waterloo.
Graph displaying company salaries in Waterloo, ON, highlighting Google with the highest at $137,995 and Manulife with the lowest at $73,649.
  1. Google
    Average Salary: $137,995
    Google, a leading tech company, offers innovative solutions in internet-related services and products. With a strong reputation for its work culture and employee benefits, it attracts top talent.


  2. Manulife
    Average Salary: $73,649
    Manulife is a global financial services leader, offering insurance, wealth, and asset management services. Known for its stability and growth opportunities, it is a popular choice for career development.

How does the cost of living in Waterloo, ON compare to the national average?

The cost of living index in Waterloo, ON, stands at 88 compared to the nationwide average of 100. This means Waterloo's living costs are 88% of the national average. Waterloo residents enjoy lower housing costs, specifically at 78% of the national average, yet grocery and healthcare expenses nearly match the average.
Cost of living comparison graph for Waterloo, ON vs. Nationwide: housing 22% lower, groceries 8% lower, utilities 2% lower, transportation 15% lower, healthcare 5% lower, miscellaneous 10% lower.

Waterloo, Ontario, offers a cost of living that differs from the nationwide average in several key areas. Housing costs in Waterloo stand at 78, which is 22% below the national average of 100. This makes it an attractive option for those looking to save on housing expenses. Meanwhile, the price of groceries in Waterloo is 92, only 2% below the national average, making it slightly less expensive than the rest of the country.


Transportation costs in Waterloo are at 85, which means they are 15% below the national average. For healthcare, residents of Waterloo benefit from costs at 95, just 5% below the nationwide standard. Utilities in Waterloo are priced at 98, only 2% below the average. Additionally, miscellaneous costs in Waterloo are at 90, 10% below the national average. Overall, Waterloo provides a cost of living that is competitive, with savings particularly in housing and transportation.

There are 729 job openings in Waterloo, ON, today!

Take a deeper dive into the job market in Waterloo, ON

Discover what it's like to work in Waterloo, ON. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
Overview
Waterloo, ON
729 Job Openings