Minneapolis, MN vs Waterloo, IA
Cost of Living Comparison
Waterloo, IA is more affordable by 17.8 index points
Side-by-Side Comparison
| Category | Minneapolis, MN | Waterloo, IA | Difference |
|---|---|---|---|
| Overall | 104.8 | 87.1 | +17.8 |
| Housing | 111.8 | 63.1 | +48.7 |
| Goods | 103.1 | 93.7 | +9.3 |
| Utilities | 93.5 | 83.7 | +9.8 |
| Other Services | 104.4 | 92.9 | +11.5 |
Income & Housing Comparison
| Metric | Minneapolis, MN | Waterloo, IA |
|---|---|---|
| Median Household Income | $94,673 | $66,732 |
| Median Home Value | $334,200 | $176,100 |
| Median Monthly Rent | $1,324 | $916 |
| Per Capita Income | $49,334 | $36,429 |
Frequently Asked Questions
Is Minneapolis, MN or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 17.8 index points (Minneapolis, MN: 104.8, Waterloo, IA: 87.1).
Where is housing cheaper, Minneapolis, MN or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Minneapolis, MN (111.8) vs Waterloo, IA (63.1).