Waterloo, SC Cost of Living


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Waterloo cost of living score
77
Less expensive
23.0% lower
than the US average
13.8% lower
than the South Carolina average
Waterloo, South Carolina gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 13.8% higher than the average for South Carolina.

Waterloo, SC

Housing costs in Waterloo?
A typical home costs $140,900, which is 58.3% less expensive than the national average of $338,100 and 45.8% less expensive than the average South Carolina home, at $259,900. Renting a two-bedroom unit in Waterloo costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 33.7% cheaper than the state average of $1,110.

Can I afford Waterloo?
To live comfortably in Waterloo, South Carolina, a minimum annual income of $27,000 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Waterloo?
The cost of living in Waterloo, SC is relatively low compared to other cities in South Carolina. The median home value is $71,400, which is significantly lower than the national average of $184,700. The median rent price for a two-bedroom apartment in Waterloo is also low at $567 per month with an overall rental availability rate of 6%. The median household income in Waterloo was reported as $31,937 in 2019 - a modest amount compared to many other regions in South Carolina. With its combination of affordable housing and relatively low cost of living expenses, Waterloo can be an attractive option for those looking to relocate to the area.
   Cost of living score
     CategoriesWaterlooSouth CarolinaUnited States
  77.089.3100.0
  96.795.8100
  94.6102.7100.0
  37.776.6100.0
  $140,900$259,900$338,100
  100.9%103.9%100.0%
  85.986.8100.0
  69.976.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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