CostByCity

Midland, MI vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 4.9 index points

Side-by-Side Comparison

CategoryMidland, 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

MetricMidland, MIWaterloo, IA
Median Household Income$73,643$66,732
Median Home Value$171,600$176,100
Median Monthly Rent$931$916
Per Capita Income$41,594$36,429

Frequently Asked Questions

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