Housing costs in Waterloo?
A typical home costs
$195,300, which is 42.2% less expensive than the national average of
$338,100 and 11.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Waterloo costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Waterloo?
To live comfortably in Waterloo, Indiana, a minimum annual income of
$37,440 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Waterloo?
Waterloo, IN is an affordable place to live with a cost of living that is 10.3% lower than the national average. According to BestPlaces, the overall cost of living index in Waterloo is 79, which is significantly lower than the US average. It's also relatively inexpensive to purchase a home in this small town as the median home cost is $89,400, which is also lower than the national average. In addition, residents enjoy low utility costs and a variety of tax incentives available for those who qualify.