Springfield, MA vs Waterloo, IA
Cost of Living Comparison
Waterloo, IA is more affordable by 9.0 index points
Side-by-Side Comparison
| Category | Springfield, MA | Waterloo, IA | Difference |
|---|---|---|---|
| Overall | 96.1 | 87.1 | +9.0 |
| Housing | 75.8 | 63.1 | +12.7 |
| Goods | 97.0 | 93.7 | +3.3 |
| Utilities | 155.0 | 83.7 | +71.3 |
| Other Services | 101.2 | 92.9 | +8.3 |
Income & Housing Comparison
| Metric | Springfield, MA | Waterloo, IA |
|---|---|---|
| Median Household Income | $70,547 | $66,732 |
| Median Home Value | $278,900 | $176,100 |
| Median Monthly Rent | $1,095 | $916 |
| Per Capita Income | $38,068 | $36,429 |
Frequently Asked Questions
Is Springfield, MA or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 9.0 index points (Springfield, MA: 96.1, Waterloo, IA: 87.1).
Where is housing cheaper, Springfield, MA or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Springfield, MA (75.8) vs Waterloo, IA (63.1).