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McKay, OR vs Waterloo, OR

116
McKay
Oregon
VS
+29.7%
89
Waterloo
Oregon

There is a significant gap in the cost of living between these two cities. Waterloo is 29.7% cheaper than McKay. With a cost index of 89 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waterloo to McKay should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in McKay are $476,000 compared to $236,500 in Waterloo, a 101% gap.

Median household income in McKay is $205,550 compared to $61,458 in Waterloo (+234.5%). While McKay is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Waterloo is notably warmer with an average of 52.2°F compared to 42.8°F in McKay. Waterloo receives more rainfall at 41.5" per year compared to 37.3" in McKay.

Income & Cost

Cost of Living Index
McKay
116
Waterloo
89
23% cheaper
Median Household Income
McKay
$205,550
70% higher
Waterloo
$61,458

Housing

Median Rent
McKay
Waterloo
$1,094
Median Home Value
McKay
$476,000
Waterloo
$236,500
50% cheaper
Population
McKay
87
Waterloo
242

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
McKay
Waterloo $3.21
US $3.07
🥚
Eggs (grade A, large)
McKay
Waterloo $2.62
US $2.50
🥛
Milk (whole)
McKay
Waterloo $4.22
US $4.03
🍞
Bread (white)
McKay
Waterloo $1.94
US $1.85
🍗
Chicken breast
McKay
Waterloo $4.34
US $4.14
Electricity
McKay
Waterloo $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
McKay 42.8°F
Waterloo 52.2°F
Summer High
McKay 79°F
Waterloo 82°F
Winter Low
McKay 21°F
Waterloo 34°F
Rainfall
McKay 37.3"
Waterloo 41.5"
Rainy Days
McKay 146d
Waterloo 143d