Cost Advantage

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Waterloo offers significant cost advantages compared to other North American cities.

In Waterloo, you will spend less to:

  • Hire talent that is more experienced and quicker to contribute to success. In Waterloo, the salary of a software engineer is 50% less than in San Francisco
  • Conduct world-leading research and development with the best and brightest minds. A 27.8% research and development cost advantage over the United States
  • Purchase or lease real estate. The average lease rate in Waterloo is 84% less than San Francisco, 82% less than New York City, and 28% less than Toronto

Businesses based in Ontario also benefit from the lowest overall business costs in the G7, and additional cost savings are available through regional, provincial and federal incentives. Looking for more specific information? Contact Bojan to learn more about how our lower costs can give your business an advantage.

 

Want more detailed information? Download one of our region-specific cost comparisons:

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