Cost of Living: Schenectady, NY vs Waterloo, IA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in Schenectady, NY versus $4,184/mo in Waterloo, IA. In the model, rent is about 16.17% of gross in Schenectady, NY versus 13.06% in Waterloo, IA, so Waterloo, IA tends to feel more affordable for rent.

Take-home in Schenectady, NY
$4,116/mo
Income level: above
Take-home in Waterloo, IA
$4,184/mo
Income level: above
Rent share (1BR) in Schenectady, NY
16.17%
COLI tier: mid-range
Rent share (1BR) in Waterloo, IA
13.06%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Schenectady, NY and Waterloo, IA.

At a glance

  • Cheaper overall (lower cost-of-living index): Waterloo, IA
  • Lower rent (median 1BR/2BR): Waterloo, IA
  • Lower home prices: Waterloo, IA
  • Higher median household income: Schenectady, NY

Cost of Living Index

Schenectady, NY: 100 (U.S. = 100) · Waterloo, IA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Schenectady, NY: $1,054/mo (midpoint of 1BR/2BR) · Waterloo, IA: $852/mo

Median rent in Schenectady, NY is $202/mo higher than in Waterloo, IA.

Median Home Price

Schenectady, NY: $152,000 · Waterloo, IA: $150,200

Median home price in Schenectady, NY is $1,800 higher than in Waterloo, IA.

Median Household Income

Schenectady, NY: $56,398 · Waterloo, IA: $56,344

Schenectady, NY has a higher median household income than Waterloo, IA by $54.

Schenectady, NY overview · Waterloo, IA overview · Popular comparisons