Cost of Living Calculator - Farmington, Minnesota vs Waterloo, Iowa


The cost of living in Waterloo, Iowa is 32.1% cheaper than Farmington, Minnesota.

You would need a salary of $50,943 in Waterloo, Iowa to maintain the standard of living you have in Farmington, Minnesota.
Comparison highlights
• Overall, Waterloo, Iowa is cheaper than Farmington, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
64% cheaper in Waterloo
than in Farmington, Minnesota
Farmington, MN vs Waterloo, IA
Compared to Farmington, Waterloo is:
  Homeowner
      No Child Care, Taxes not Considered
  32.1% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  8.6% lower
  Housing (Homeowner)
  67.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.2% lower
  Commute
  42.2% lower
  Health
  40.3% higher
  Taxes
  Childcare
  Personal
  10.6% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.