CostByCity

Bay City, MI vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 4.9 index points

Side-by-Side Comparison

CategoryBay City, MIWaterloo, IADifference
Overall91.987.1+4.9
Housing66.763.1+3.6
Goods93.793.7-0.0
Utilities95.283.7+11.6
Other Services99.692.9+6.6

Income & Housing Comparison

MetricBay City, MIWaterloo, IA
Median Household Income$57,887$66,732
Median Home Value$125,000$176,100
Median Monthly Rent$786$916
Per Capita Income$33,331$36,429

Frequently Asked Questions

Is Bay City, MI or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 4.9 index points (Bay City, MI: 91.9, Waterloo, IA: 87.1).
Where is housing cheaper, Bay City, MI or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Bay City, MI (66.7) vs Waterloo, IA (63.1).