Springfield, IL vs Waterloo, IA
Cost of Living Comparison
Waterloo, IA is more affordable by 5.7 index points
Side-by-Side Comparison
| Category | Springfield, IL | Waterloo, IA | Difference |
|---|---|---|---|
| Overall | 92.7 | 87.1 | +5.7 |
| Housing | 71.6 | 63.1 | +8.5 |
| Goods | 93.6 | 93.7 | -0.1 |
| Utilities | 90.4 | 83.7 | +6.8 |
| Other Services | 99.6 | 92.9 | +6.7 |
Income & Housing Comparison
| Metric | Springfield, IL | Waterloo, IA |
|---|---|---|
| Median Household Income | $72,445 | $66,732 |
| Median Home Value | $163,400 | $176,100 |
| Median Monthly Rent | $921 | $916 |
| Per Capita Income | $41,393 | $36,429 |
Frequently Asked Questions
Is Springfield, IL or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 5.7 index points (Springfield, IL: 92.7, Waterloo, IA: 87.1).
Where is housing cheaper, Springfield, IL or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Springfield, IL (71.6) vs Waterloo, IA (63.1).