Chicago, IL vs Waterloo, IA
Cost of Living Comparison
Waterloo, IA is more affordable by 16.5 index points
Side-by-Side Comparison
| Category | Chicago, IL | Waterloo, IA | Difference |
|---|---|---|---|
| Overall | 103.6 | 87.1 | +16.5 |
| Housing | 112.0 | 63.1 | +48.9 |
| Goods | 107.3 | 93.7 | +13.5 |
| Utilities | 83.6 | 83.7 | -0.1 |
| Other Services | 100.5 | 92.9 | +7.6 |
Income & Housing Comparison
| Metric | Chicago, IL | Waterloo, IA |
|---|---|---|
| Median Household Income | $85,087 | $66,732 |
| Median Home Value | $288,400 | $176,100 |
| Median Monthly Rent | $1,310 | $916 |
| Per Capita Income | $45,977 | $36,429 |
Frequently Asked Questions
Is Chicago, IL or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 16.5 index points (Chicago, IL: 103.6, Waterloo, IA: 87.1).
Where is housing cheaper, Chicago, IL or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Chicago, IL (112.0) vs Waterloo, IA (63.1).