Memphis, TN vs Waterloo, IA
Cost of Living Comparison
Waterloo, IA is more affordable by 5.1 index points
Side-by-Side Comparison
| Category | Memphis, TN | Waterloo, IA | Difference |
|---|---|---|---|
| Overall | 92.2 | 87.1 | +5.1 |
| Housing | 79.8 | 63.1 | +16.7 |
| Goods | 96.2 | 93.7 | +2.5 |
| Utilities | 74.1 | 83.7 | -9.6 |
| Other Services | 95.4 | 92.9 | +2.4 |
Income & Housing Comparison
| Metric | Memphis, TN | Waterloo, IA |
|---|---|---|
| Median Household Income | $62,178 | $66,732 |
| Median Home Value | $207,500 | $176,100 |
| Median Monthly Rent | $1,091 | $916 |
| Per Capita Income | $35,194 | $36,429 |
Frequently Asked Questions
Is Memphis, TN or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 5.1 index points (Memphis, TN: 92.2, Waterloo, IA: 87.1).
Where is housing cheaper, Memphis, TN or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Memphis, TN (79.8) vs Waterloo, IA (63.1).