Loomis, NE vs Waterloo, NE
There is a significant gap in the cost of living between these two cities. Loomis is 15.3% cheaper than Waterloo. With a cost index of 72 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Loomis to Waterloo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Loomis is $950/month compared to $1,125/month in Waterloo — a 16% difference. Home values follow the same pattern: Loomis is more affordable at $132,300 median vs $218,400.
Median household income in Loomis is $71,750 compared to $75,417 in Waterloo (-4.9%). Waterloo does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Loomis spend roughly 15.9% of their income on rent, less than the 17.9% in Waterloo.
Climate-wise, both cities share similar average temperatures (51.9°F vs 52.4°F). Waterloo receives more rainfall at 31.9" per year compared to 26.4" in Loomis.
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