Cost of Living in Waterloo, IL
Overall index: 88 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 68 | -32% | $611 |
| Transportation | 100 | +0% | $3.50 |
| Food | 123 | +23% | $504 |
| Utilities | 84 | -16% | $122 |
| Healthcare | 84 | -16% | $88 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Waterloo?
A single adult living comfortably in Waterloo, IL needs approximately $30,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Waterloo, IL?
The overall cost of living in Waterloo, IL is 12% lower than the US national average (index: 88 where 100 = national average).
How much is rent in Waterloo, IL?
Average rent for a 1-bedroom apartment in Waterloo, IL is about $611/month.
Is Waterloo, IL expensive to live in?
No, Waterloo, IL is affordable (below national average).
What salary do I need to live in Waterloo, IL?
A single adult needs roughly $30,800/year to cover basic living costs in Waterloo, IL.