Housing costs in Waterloo-Cedar Falls?
A typical home costs
$163,200, which is 51.7% less expensive than the national average of
$338,100 and 16.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Waterloo-Cedar Falls costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Waterloo-Cedar Falls?
To live comfortably in Waterloo-Cedar Falls I Metro Area, Iowa, a minimum annual income of
$31,320 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Waterloo-Cedar Falls?
The cost of living in Waterloo-Cedar Falls, IA Metro Area is 78, which is 22 points below the US average. This lower cost of living can make purchasing a home more affordable for those interested in settling in the area. The median value of a house in the metro area is $163,200, which is significantly lower than the US average of $338,100. This can be especially beneficial to prospective homeowners looking for an affordable housing option.