Waterloo, IA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
84
Waterloo's Overall Cost Of Living
0.8x
Lower Than The National Average
20 out of 80
In Iowa
629 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Waterloo is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Waterloo, IA?

According to the most recent data on the cost of living, Waterloo has an overall cost of living index of 84 which is 0.8x lower than the national index of 100.

Compared to only Iowa, Waterloo has a cost of living index that's 0.9x lower than Iowa's index of 92.

The standard of living in Waterloo ranks as #629 most affordable out of the 6,418 places we measured in Iowa. By definition, that implies Waterloo ranks as the #5,789 most expensive place in the Hawkeye State.

For more reading on life in Waterloo, check out:

Waterloo Cost Of Living Vs. Iowa

Living Expense Waterloo Iowa National Average
Overall 84 92 100
Services 89 95 100
Groceries 91 95 100
Health 93 102 100
Housing 63 74 100
Transportation 96 100 100
Utilities 88 99 100
For more reading on cost of living around Iowa, check out:
Waterloo Cost of Living Vs. IA

Waterloo, IA Housing Cost Breakdown

Housing swings affordability the most between places in Iowa, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$117,000
Median Home Value
$776
Median Rent
$46,942
Median Income
Statistic Waterloo Iowa United States
Median Home Value $117,000 $153,900 $229,800
Median Rent $776 $806 $1,096
Median Income $46,942 $61,836 $64,994
Home Value To Income 2.5x 2.5x 3.5x
Rent To Monthly Income 0.2x 0.16x 0.2x

Detailed Waterloo Services Costs Vs. Iowa

Item Waterloo Iowa
Shampoo $0.99 $1.06
Movie $12.04 $10.68
Bowling $11.0 $14.67

Detailed Waterloo Groceries Costs Vs. Iowa

Item Waterloo Iowa
Ground Beef $3.12 $4.22
Fried Chicken $1.58 $1.39
Milk $1.91 $2.05

Detailed Waterloo Health Costs Vs. Iowa

Item Waterloo Iowa
Haircut $16.57 $18.62
Beauty Salon $20.6 $39.05
Toothpaste $2.77 $2.34

Detailed Waterloo Transportation Costs Vs. Iowa

Item Waterloo Iowa
Potatoes $2.05 $3.29
Pizza $9.99 $10.62
Beer $8.99 $9.38
Optometrist $125.0 $108.57
Doctor $109.42 $116.17
Dentist $80.33 $99.13

Detailed Waterloo Utilities Costs Vs. Iowa

Item Waterloo Iowa
Gasoline $2.66 $2.22
Tire Balancing $39.99 $50.07
All Electricity $127.07 $167.67
Phone $177.99 $175.64

Waterloo SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
8.5
Safety
4
Amenities
8.5
Education
8
Commute
9.5

Cost Of Living In Cities Around Waterloo

City Population Cost Of Living Vs. Waterloo
Cedar Falls, IA 40,750 93 1.1x
Marion, IA 39,910 95 1.1x
Central, LA 29,235 96 1.1x
Marshalltown, IA 26,957 88 1.0x
Waverly, IA 10,172 90 1.1x
Hiawatha, IA 7,395 95 1.1x
Independence, IA 6,085 81 1.0x
Vinton, IA 5,075 90 1.1x
Iowa Falls, IA 5,067 83 1.0x
Manchester, IA 5,011 89 1.1x

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