Housing costs in Waterloo?
A typical home costs
$73,100, which is 78.4% less expensive than the national average of
$338,100 and 62.5% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Waterloo costs
$910 per month, which is 2.2% cheaper than the national average of
$930 and close to the state average of
$920.
Can I afford Waterloo?
To live comfortably in Waterloo (zip 50703), Iowa, a minimum annual income of
$14,040 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Waterloo?
The cost of living in Waterloo, IA 50703 is relatively low compared to other areas in the United States. The median home price is $93,100, which is much lower than the national median of $196,500. Rent is also quite affordable in this area, with a median rent of about $615 per month. Additionally, groceries and utilities are both relatively low in this area compared to other places across the country. Thanks to a favorable cost of living, Waterloo is an ideal place for people looking for a more affordable lifestyle without sacrificing quality of life.