Cost of Living: Waterloo, IA vs New York, NY
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 $4,116/mo in New York, NY. In the model, rent is about 13.06% of gross in Waterloo, IA versus 25.92% in New York, NY, so Waterloo, IA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waterloo, IA and New York, NY.
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: New York, NY
Cost of Living Index
Waterloo, IA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Waterloo, IA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Waterloo, IA: $852/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $838/mo higher than in Waterloo, IA.
Median Home Price
Waterloo, IA: $150,200 · New York, NY: $751,700
Median home price in New York, NY is $601,500 higher than in Waterloo, IA.
Median Household Income
Waterloo, IA: $56,344 · New York, NY: $79,713
New York, NY has a higher median household income than Waterloo, IA by $23,369.
Waterloo, IA overview · New York, NY overview · Popular comparisons