Housing costs in Waterloo?
A typical home costs
$188,500, which is 44.2% less expensive than the national average of
$338,100 and 14.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Waterloo costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Waterloo?
To live comfortably in Waterloo (zip 46793), Indiana, a minimum annual income of
$36,000 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Waterloo?
The cost of living in 46793 Waterloo, IN is relatively low compared to other cities and towns in the United States. According to Sperling's Best Places, the cost of living index for 46793 Waterloo is 76.7, lower than the U.S. average of 100. This means that basic goods and services such as groceries, housing, healthcare, transportation, etc. are all cheaper than average in this area. The median home price in 46793 Waterloo is around $110,000 which is very affordable compared to many other parts of the country. Additionally, citizens of this town have access to a wide range of job opportunities with an unemployment rate below the national average and a strong local economy. With its favorable cost of living and thriving job market, 46793 Waterloo offers plenty of potential for those looking for a place to call home.