CostByCity

Fairbanks, AK vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 16.2 index points

Side-by-Side Comparison

CategoryFairbanks, AKWaterloo, IADifference
Overall103.287.1+16.2
Housing92.663.1+29.4
Goods107.393.7+13.6
Utilities119.883.7+36.1
Other Services103.392.9+10.4

Income & Housing Comparison

MetricFairbanks, AKWaterloo, IA
Median Household Income$81,655$66,732
Median Home Value$276,800$176,100
Median Monthly Rent$1,360$916
Per Capita Income$42,744$36,429

Frequently Asked Questions

Is Fairbanks, AK or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 16.2 index points (Fairbanks, AK: 103.2, Waterloo, IA: 87.1).
Where is housing cheaper, Fairbanks, AK or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Fairbanks, AK (92.6) vs Waterloo, IA (63.1).