The costs of living in Kitchener, ON

    Ontario is one of Canada’s most populated provinces. Its strong economy and attractive lifestyle are its main advantages. If you wish to move here and you seek affordable cities, then look no further than Kitchener. It is definitely more affordable than Toronto, yet has all the important amenities and qualities it has. The costs of living in Kitchener are as such that most of the people will be able to live here comfortably. What’s more, with the help of the moving companies Kitchener, you will be able to move to Kitchener with no trouble at all. Although, before you make this decision, make sure you read the article we have in store for you today. Let’s dig in.

    The housing costs of living in Kitchener

    In Kitchener, the housing market has experienced significant shifts in 2023. Earlier in the year, the average price for a home in the region was reported at $751,999, marking a decrease of 7.73% from the previous year. This downward trend in prices is due to a combination of factors, including limited housing supply and affordability challenges faced by buyers.

    housing as one of the main costs of living in Kitchener

    Kitchener’s housing market shows a unique trend of properties often selling at their asking price.

    Interestingly, in the city of Kitchener itself, the median sold price stood at $640,000. What’s more, the properties are often selling at their asking price, a trend somewhat unique in the Ontario housing landscape. This indicates a relatively stable demand in Kitchener, contrasting with broader market fluctuations. If moving from Saskatchewan to Ontario, residents can expect diverse housing options.

    Understanding the current housing market

    Moreover, the real estate market in the Waterloo Region, encompassing Kitchener, showed signs of recovery by mid-2023. Despite a significant year-over-year decline in home sales for the first half of the year, the numbers have been gradually increasing since January.

    The Bank of Canada’s interest rate hikes have been a pivotal factor, with the rate reaching 4.75% near the start of June, impacting both buyer and seller behaviors. Despite these hikes, demand remained robust, suggesting a competitive market environment. However, new residential listings and active residential listings fell, indicating a continued tight supply in the housing market.

    The rental market dynamics

    The rental market in Kitchener also reflects the broader trends impacting housing affordability and availability. As of December 2023, the average rental rates are as listed:

    • a studio apartment – $1,479
    • 1-bedroom apartment – $1,773
    • 2-bedroom apartment – $2,266
    • 3-bedroom apartment – $2,795
    • 4-bedroom apartment – $1,955

    The rise in rental costs is consistent with the overall trend in housing prices. It also underscores the challenges faced by those looking for affordable housing options in the city. Although, one fact remains true. There are numerous moving companies in Ontario that offer services tailored to different budgets at all times.

    apartments representing renting, since it's among the primary costs of living in Kitchener

    Rent is one of the primary costs of living in Kitchener, provided you are renting. However, at the moment, rental rates continue to rise, so keep that in mind when moving here.

    The utility costs of living in Kitchener

    Utility costs are an essential component of the overall costs of living in Kitchener. People moving from BC to Ontario often notice a significant change in these living costs. As of 2023, these costs have been subject to various changes, reflecting adjustments in the city’s budget and market conditions.

    Water and sewer rates

    Kitchener Utilities determines water and sewer rates in Kitchener. In 2023, the rates for water were set at $2.7493 per cubic meter, and for sewer/wastewater, the rate was $3.5013 per cubic meter. These rates take into account factors like aging infrastructure, declining water consumption, and regional rate increases.

    Natural gas rates

    Kitchener Utilities is also responsible for setting natural gas rates. The rates are influenced by the costs to purchase natural gas and the expenses associated with infrastructure maintenance. In 2023, there was a decrease in the natural gas commodity rate from 21.45 cents per cubic meter to 20.85 cents, to reflect slightly lower market prices.

    General utility costs

    For a general idea of monthly utility costs (which includes heating, electricity, gas, etc.) for a standard 85 m2 apartment, the expense is around $204. Additionally, for a smaller 45 m2 studio, this cost is approximately $155. These figures give a rough estimate of what residents might expect to pay monthly for their basic utilities.

    Budget considerations

    Kitchener city council approved a combined water utilities rate increase of 4.5 percent, which translated to an additional $3.45 a month for the average residential customer. Another important budget consideration to keep in mind is the cost of the move itself. Pay special attention to the relocation services Canada, and make sure to count on these as well.

    a man on a lamp post

    Kitchener’s utility costs, including water and electricity, average around $204 per month for a standard apartment.

    The costs of living in Kitchener: Transportation

    Transportation costs in Kitchener in 2023 are influenced by various factors, including public transit fares, gas prices, and the overall budget allocated for transportation by the city.

    Public transit costs

    Grand River Transit (GRT) is the primary public transportation provider in Kitchener. As of 2023, the costs for using GRT services are as follows:

    • Cash fare: $3.75 per ride.
    • Single ticket/transfer from Fare Vending Machine: $3.75.
    • Monthly pass: $92.00 for unlimited travel within the month.
    • Day pass: $8.50 for unlimited travel on one calendar day.
    • Children (4 and under): Free when accompanied by a fare-paying customer.
    • Stored value payment with EasyGO Fare Card: $2.98 per ride.
    • Affordable transit program: Reduced fares for eligible participants, with a stored value payment of $1.55 per ride and a monthly pass costing $47.84.

    For specific groups like students, veterans, and corporate pass holders, there are different fare structures and also discounts available​.

    Gas prices

    For those who rely on personal vehicles, the cost of gas is a significant component of transportation expenses. In Kitchener, as of 2023, the price of gas is around $1.61 per liter. However, this price can fluctuate based on global oil prices and local market conditions​​.

    Transportation budget and infrastructure

    The City of Kitchener’s 2023 budget includes provisions for transportation and infrastructure to support the city’s growth and ensure efficient movement within the city. Investments in roads, water mains, recreation facilities, active transportation networks, and parks are also part of the city’s commitment to providing a vibrant community for its residents.

    road intersections

    Public transportation in Kitchener is cost-effective.

    If you are moving from Saskatoon to Ontario, for example, you will be able to explore different transportation options. This is yet another reason people tend to move to Kitchener. The budget aims to balance the need for these investments with the economic realities of inflation and other cost increases​.

    Childcare costs

    Decrease in Childcare Costs: In 2023, childcare became more affordable across Canada, including Kitchener. There was a noticeable decrease in the average expenses for children attending full-time, center-based childcare. Moreover, the average cost dropped from $663 per month in 2022 to $508 per month in 2023.

    The reduction in costs is largely attributed to the implementation of reduced childcare fees by many provinces and territories as part of the Canada-wide Early Learning and Child Care (CWELCC) initiative​​​​. Hence, moving to Kitchener may be a good idea for families with children due to its comprehensive and affordable childcare options.

    Increased funding for childcare spaces

    The Ontario government announced a substantial investment of $97 million to create 3,725 childcare spaces in the Waterloo region over the next three years. This move is then expected to boost the number of childcare spaces enrolled in the CWELCC system in the region by 23.2 percent​​.

    two girls playing with each other while discussing the costs of living in Kitchener

    Childcare expenses in Kitchener vary, but they form an important part of the costs of living in Kitchener, especially when family budgeting.

    Challenges in finding childcare spots

    Despite the decrease in costs, there has been a reported increase in the difficulty of finding available childcare spots. The proportion of parents who reported challenges in finding childcare rose from 53 percent in 2019 to 62 percent in 2023. Additionally, 26 percent of parents with children aged five and under, who were not using childcare, reported that their child was on a waitlist, up from 19 percent in 2022. This indicates that while childcare is becoming more affordable, the availability of spaces has not kept pace with demand​​​​.

    Healthcare and education

    Healthcare in Ontario, including Kitchener, is predominantly covered by the Ontario Health Insurance Plan (OHIP), which provides a wide range of health services at no direct cost to the patient. Education, on the other hand, is primarily publicly funded, with options for public, Catholic, and French-language schools, as well as private institutions. The quality and availability of these services can vary, but they generally adhere to the standards set by the provincial government.

    Taxes greatly affect the costs of living in Kitchener

    Taxes in Kitchener, like in the rest of the province, consist of various types of taxes, each serving different purposes and having different impacts on residents and businesses. Knowing Kitchener’s tax regulations is among the primary facts you should know about Kitchener.

    tax forms representing the tax rates in Kitchener, as these are the primary factor affecting the costs of living in Kitchener

    Property taxes in Kitchener contribute significantly to the funding of local services and infrastructure.

    Municipal taxes in Kitchener

    • Property Taxes: Property taxes in Kitchener are calculated based on the assessed value of a property, as determined by the Municipal Property Assessment Corporation (MPAC). The rate includes portions that go to the city, the region, and also education funding. Property taxes fund local services like roads, public transit, libraries, and parks.
    • Water and Sewer Rates: These are utility fees, separate from property taxes, charged to cover the costs of providing water and sewer services. They are typically billed on a usage basis.

    Provincial taxes in Ontario

    • Personal income tax: Ontario residents pay provincial income tax, which is levied at progressive rates. This means that higher-income earners pay a higher percentage of their income in taxes. The Ontario government determines the rates and are in addition to federal income taxes.
    • Sales tax: Ontario has a Harmonized Sales Tax (HST) of 13%, which combines the federal Goods and Services Tax (GST) and the provincial sales tax. This tax is applied to most goods and services, though some items are exempt or have a reduced rate.
    • Corporate taxes: Businesses operating in Ontario pay corporate income tax on their taxable income. The rate varies depending on factors such as the size of the business and the type of income earned.
    • Education taxes: These are part of the property tax bill and are used to fund public education in the province.


    • Rate adjustments: Tax rates can change based on decisions made by municipal and provincial governments. Budget needs, political priorities, and economic conditions can influence these rates.
    • Tax incentives and rebates: Both Kitchener and the Ontario government offer various tax incentives, rebates, and programs to support specific groups, such as low-income residents, seniors, or businesses in certain sectors.
    • Impact on cost of living: Taxes play a significant role in the overall cost of living and doing business in Kitchener and Ontario. For instance, property taxes directly affect homeowners and indirectly affect renters, as these costs can be factored into rent prices.

    Understanding the tax structure in Kitchener and Ontario is crucial for residents and businesses to manage their finances effectively. These taxes fund essential services and infrastructure that benefit the community, but they also represent a significant part of individual and corporate expenses.

    The costs of living in Kitchener in a nutshell

    The City of Kitchener presents a dynamic and varied cost of living landscape, shaped by diverse factors ranging from housing and utility expenses to transportation, taxes, and everyday essentials like groceries and dining out. The city’s real estate market, with its unique characteristics, influences housing costs significantly, while efficient public transit options and varying utility rates reflect the ongoing development and adaptation within the city. The mix of provincial and municipal taxes further contributes to the financial considerations for residents. Ultimately, understanding the costs of living in Kitchener is crucial for anyone considering it as their home, offering insights into the economic aspects of life in this lively Canadian city.



    Rent comparables in Kitchener, ON. (n.d.).

    A Spotlight on the Kitchener-Waterloo Real Estate Market. (n.d.).

    Housing Market Outlook. (n.d.).

    Home sales and prices decrease in Waterloo Region this year. (n.d.).

    Water and sewer rates. (n.d.).

    Natural Gas Rates. (n.d.).

    Kitchener council approves new rates for water, natural gas. (n.d.).

    Cost of living in Kitchener-Waterloo, Canada. (n.d.).

    Kitchener council approves new rates for water, natural gas. (n.d.-b).

    2023 Kitchener budget. (n.d.).

    Fares. (n.d.).

    Child care cost less in 2023, but more parents say spots are hard to find: StatCan. (n.d.).

    Waterloo Region to receive more funding for child care spaces. (n.d.).

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