The cost of living in Waterloo, IL, stands at 92, which is 2% below the nationwide average of 100. This relatively lower index makes Waterloo an attractive place for job seekers looking to manage their expenses efficiently. Compared to the average, Waterloo offers lower costs in housing and utilities, while groceries, transportation, and miscellaneous expenses align closely with the national average.
The cost of living in Waterloo, IL, presents a favorable comparison to the nationwide average, which is set at 100. Housing, an essential expense, stands at 85 in Waterloo, reflecting a 15% reduction from the national average. This lower housing cost can significantly benefit individuals and families looking to manage their budgets more effectively.
Other living expenses in Waterloo also compare well to the national average. Groceries in Waterloo have an index of 95, which is 5% lower than the nationwide average. Utilities, another key expense, are priced at 90 in Waterloo, meaning they are 10% cheaper compared to the national average. Transportation costs, set at 95, mirror the national average closely. Healthcare, essential for all residents, is priced exactly at the national average of 100, offering no additional financial burden or advantage. Miscellaneous costs in Waterloo, standing at 92, are 8% below the national average, providing residents with additional savings across various everyday expenses.
