CostByCity

Lansing, MI vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 7.9 index points

Side-by-Side Comparison

CategoryLansing, MIWaterloo, IADifference
Overall95.087.1+7.9
Housing83.563.1+20.3
Goods93.793.7-0.0
Utilities95.583.7+11.9
Other Services99.692.9+6.6

Income & Housing Comparison

MetricLansing, MIWaterloo, IA
Median Household Income$68,270$66,732
Median Home Value$183,800$176,100
Median Monthly Rent$1,007$916
Per Capita Income$37,203$36,429

Frequently Asked Questions

Is Lansing, MI or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 7.9 index points (Lansing, MI: 95.0, Waterloo, IA: 87.1).
Where is housing cheaper, Lansing, MI or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Lansing, MI (83.5) vs Waterloo, IA (63.1).