Chapman, NE vs Waterloo, NE

Chapman, NE and Waterloo, NE have a very similar cost of living, with only a 3.4% difference in their overall index. Chapman scores 87 while Waterloo scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Chapman is $1,563/month compared to $1,125/month in Waterloo — a 39% difference. Interestingly, home values tell a different story: while Waterloo has cheaper rent, Chapman actually has lower median home values ($114,300 vs $218,400).

Median household income in Chapman is $89,000 compared to $75,417 in Waterloo (+18%). While Chapman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chapman spend roughly 21.1% of their income on rent, more than the 17.9% in Waterloo.

Climate-wise, both cities share similar average temperatures (51.8°F vs 52.4°F). Waterloo receives more rainfall at 31.9" per year compared to 26.6" in Chapman.