Waterloo is located in Nebraska and has an overall cost of living that is -15% 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 $1,172 / month, and the median home price is $390,447. Housing costs are -27% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.79), milk ($4.39), and eggs ($4.34) reflect the local grocery landscape. Overall grocery costs are -7% vs the national average.

Healthcare: Medical costs include doctor visits ($149.83), dentist visits ($120.36), and prescription drugs ($21.69). These costs should be factored into your monthly budget when planning a move.

Nebraska has a state income tax rate of 6.64%, which affects take-home pay for Waterloo residents.

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Waterloo, Nebraska Cost of Living FAQ

Common questions about living costs in Waterloo.

Waterloo, Nebraska has an overall cost of living that is -15% the national average. Housing costs are -27% vs the national average. Grocery prices are -7% vs average. Utilities are -20% vs average. This makes Waterloo a very affordable place to live.

The median rent in Waterloo, Nebraska is $1,172 / month. Average energy bills run $175.66 / month. Phone bills average $156.71 / month. Housing is typically the largest expense for residents.

Healthcare costs in Waterloo: doctor's visit averages $149.83, dentist visit averages $120.36, prescription drugs average $21.69. Overall healthcare expenses in the area are influenced by the -7% grocery cost difference.

Waterloo is one of 65 cities tracked in Nebraska. With an overall cost -15% vs the national average, it is more affordable than many other cities in the state. Visit our Nebraska state page to compare all cities side-by-side and find the best fit for your budget.

Waterloo offers cost of living -15% compared to the national average. Key factors to consider: median home price of $390,447, rent of $1,172 / month, and a state income tax of 6.64% in Nebraska. Explore our detailed cost breakdown above to see if Waterloo fits your budget.