Cost of Living: Waterloo, IA vs Ankeny, IA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Waterloo, IA versus $4,184/mo in Ankeny, IA. In the model, rent is about 13.06% of gross in Waterloo, IA versus 18.63% in Ankeny, IA, so Waterloo, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waterloo, IA and Ankeny, IA.
At a glance
- Cheaper overall (lower cost-of-living index): Ankeny, IA
- Lower rent (median 1BR/2BR): Waterloo, IA
- Lower home prices: Waterloo, IA
- Higher median household income: Ankeny, IA
Cost of Living Index
Waterloo, IA: 100 (U.S. = 100) · Ankeny, IA: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Waterloo, IA: $852/mo (midpoint of 1BR/2BR) · Ankeny, IA: $1,215/mo
Median rent in Ankeny, IA is $363/mo higher than in Waterloo, IA.
Median Home Price
Waterloo, IA: $150,200 · Ankeny, IA: $311,300
Median home price in Ankeny, IA is $161,100 higher than in Waterloo, IA.
Median Household Income
Waterloo, IA: $56,344 · Ankeny, IA: $106,603
Ankeny, IA has a higher median household income than Waterloo, IA by $50,259.
Waterloo, IA overview · Ankeny, IA overview · Popular comparisons