Waterloo is located in Iowa and has an overall cost of living that is -10% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Waterloo.

Housing: Median rent in Waterloo is $1,409 / month, and the median home price is $469,498. Housing costs are -12% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.97), milk ($4.60), and eggs ($4.54) reflect the local grocery landscape. Overall grocery costs are -3% vs the national average.

Healthcare: Medical costs include doctor visits ($137.52), dentist visits ($110.47), and prescription drugs ($19.91). These costs should be factored into your monthly budget when planning a move.

Iowa has a state income tax rate of 5.7%, which affects take-home pay for Waterloo residents.

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Waterloo, Iowa Cost of Living FAQ

Common questions about living costs in Waterloo.

Waterloo, Iowa has an overall cost of living that is -10% the national average. Housing costs are -12% vs the national average. Grocery prices are -3% vs average. Utilities are -19% vs average. This makes Waterloo a reasonably affordable city.

The median rent in Waterloo, Iowa is $1,409 / month. Average energy bills run $177.64 / month. Phone bills average $158.48 / month. Housing is typically the largest expense for residents.

Healthcare costs in Waterloo: doctor's visit averages $137.52, dentist visit averages $110.47, prescription drugs average $19.91. Overall healthcare expenses in the area are influenced by the -3% grocery cost difference.

Waterloo is one of 171 cities tracked in Iowa. With an overall cost -10% vs the national average, it is more affordable than many other cities in the state. Visit our Iowa state page to compare all cities side-by-side and find the best fit for your budget.

Waterloo offers cost of living -10% compared to the national average. Key factors to consider: median home price of $469,498, rent of $1,409 / month, and a state income tax of 5.7% in Iowa. Explore our detailed cost breakdown above to see if Waterloo fits your budget.