Housing costs in Waterloo?
A typical home costs
$311,800, which is 7.8% less expensive than the national average of
$338,100 and 42.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Waterloo costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 3.8% cheaper than the state average of
$1,100.
Can I afford Waterloo?
To live comfortably in Waterloo, Michigan, a minimum annual income of
$59,760 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Waterloo?
Waterloo, MI is an affordable place to live. Housing is very reasonably priced compared to other parts of the country. The median home value in Waterloo is around $72,000, while the median list price for rent is about $800 a month. The cost of groceries and other goods are comparable to other nearby towns and cities. Overall, living in Waterloo is an excellent choice when it comes to affordability.