CostByCity

Monroe, MI vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 6.4 index points

Side-by-Side Comparison

CategoryMonroe, MIWaterloo, IADifference
Overall93.587.1+6.4
Housing74.663.1+11.5
Goods93.793.7-0.0
Utilities93.783.7+10.0
Other Services99.692.9+6.6

Income & Housing Comparison

MetricMonroe, MIWaterloo, IA
Median Household Income$72,573$66,732
Median Home Value$202,200$176,100
Median Monthly Rent$996$916
Per Capita Income$37,704$36,429

Frequently Asked Questions

Is Monroe, MI or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 6.4 index points (Monroe, MI: 93.5, Waterloo, IA: 87.1).
Where is housing cheaper, Monroe, MI or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Monroe, MI (74.6) vs Waterloo, IA (63.1).