CostByCity

Cost of Living in Waterloo, IA

2024 data from the Bureau of Economic Analysis

Cost Index
87.1
12.9% below avg
Housing Index
63.1
Median Income
$66,732
Median Rent
$916/mo

Cost Breakdown

Overall87.1 (-12.9%)
Housing63.1 (-36.9%)
Goods93.7 (-6.3%)
Utilities83.7 (-16.3%)
Other Services92.9 (-7.1%)

National average = 100

Income & Housing

Median Household Income
$66,732/year
Median Home Value
$176,100
Median Monthly Rent
$916/mo
Per Capita Income
$36,429/year

Compare Waterloo, IA With

Waterloo, IA vs Parkersburg, WVWaterloo, IA vs Minot, NDWaterloo, IA vs Laredo, TXWaterloo, IA vs Lafayette, LAWaterloo, IA vs Decatur, ALWaterloo, IA vs Dubuque, IAWaterloo, IA vs Florence, SCWaterloo, IA vs Youngstown, OHWaterloo, IA vs Grand Forks, NDWaterloo, IA vs Grand Island, NE

Frequently Asked Questions

Is Waterloo, IA expensive to live in?
Waterloo, IA has a cost of living index of 87.1, which is 12.9% below the national average.
How much does housing cost in Waterloo, IA?
Housing costs in Waterloo, IA are indexed at 63.1 compared to the national average of 100. The median monthly rent is $916.
What is the average income in Waterloo, IA?
The median household income in Waterloo, IA is $66,732 per year.
What is the average home price in Waterloo, IA?
The median home value in Waterloo, IA is $176,100.