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Clinton, IA vs Waterloo, IA

64
Clinton
Iowa
VS
-8.9%
70
Waterloo
Iowa

Clinton is moderately more affordable than Waterloo, with a 8.9% lower cost of living index. Clinton scores 64 compared to 70 for Waterloo, where the US average is 100. This difference means residents of Waterloo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clinton is $751/month compared to $896/month in Waterloo — a 16% difference. Home values follow the same pattern: Clinton is more affordable at $115,400 median vs $150,200.

Median household income in Clinton is $57,493 compared to $56,344 in Waterloo (+2%). Clinton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clinton spend roughly 15.7% of their income on rent, less than the 19.1% in Waterloo.

Income & Cost

Cost of Living Index
Clinton
64
9% cheaper
Waterloo
70
Median Household Income
Clinton
$57,493
2% higher
Waterloo
$56,344

Housing

Median Rent
Clinton
$751
16% cheaper
Waterloo
$896
Median Home Value
Clinton
$115,400
23% cheaper
Waterloo
$150,200
Population
Clinton
24,425
Waterloo
66,947

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clinton
Waterloo $2.96
US $3.07
🥚
Eggs (grade A, large)
Clinton
Waterloo $2.42
US $2.50
🥛
Milk (whole)
Clinton
Waterloo $3.89
US $4.03
🍞
Bread (white)
Clinton
Waterloo $1.79
US $1.85
🍗
Chicken breast
Clinton
Waterloo $4.00
US $4.14
Electricity
Clinton
Waterloo $0.17
US $0.19