Cost of Living: Waterloo, IA vs King of Prussia, PA

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 $4,337/mo in King of Prussia, PA. In the model, rent is about 13.06% of gross in Waterloo, IA versus 29.07% in King of Prussia, PA, so Waterloo, IA tends to feel more affordable for rent.

Take-home in Waterloo, IA
$4,184/mo
Income level: above
Take-home in King of Prussia, PA
$4,337/mo
Income level: below
Rent share (1BR) in Waterloo, IA
13.06%
COLI tier: mid-range
Rent share (1BR) in King of Prussia, PA
29.07%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Waterloo, IA and King of Prussia, PA.

At a glance

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

Cost of Living Index

Waterloo, IA: 100 (U.S. = 100) · King of Prussia, PA: 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) · King of Prussia, PA: $1,896/mo

Median rent in King of Prussia, PA is $1,044/mo higher than in Waterloo, IA.

Median Home Price

Waterloo, IA: $150,200 · King of Prussia, PA: $396,500

Median home price in King of Prussia, PA is $246,300 higher than in Waterloo, IA.

Median Household Income

Waterloo, IA: $56,344 · King of Prussia, PA: $111,600

King of Prussia, PA has a higher median household income than Waterloo, IA by $55,256.

Waterloo, IA overview · King of Prussia, PA overview · Popular comparisons