Housing costs in Waterloo?
A typical home costs
$130,400, which is 61.4% less expensive than the national average of
$338,100 and 33.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Waterloo costs
$950 per month, which is 2.2% more than the national average of
$930 and 3.2% more than the state average of
$920.
Can I afford Waterloo?
To live comfortably in Waterloo (zip 50702), Iowa, a minimum annual income of
$24,840 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Waterloo?
The cost of living in 50702 Waterloo, IA is relatively low compared to other cities in the United States. According to BestPlaces, the cost of living index for this zip code is 79 out of 100, which is lower than the national average of 100. This means that basic goods and services are more affordable here than elsewhere. The median household income for Waterloo residents is $38,688, which offers a good level of purchasing power due to the low cost of living in the area. Furthermore, property taxes tend to be lower in Waterloo than other places across Iowa as well. All in all, living in 50702 Waterloo, IA offers a high quality of life at an affordable price.