Medaryville, IN vs Waterloo, IN

Medaryville, IN and Waterloo, IN have a very similar cost of living, with only a 0.7% difference in their overall index. Medaryville scores 66 while Waterloo scores 67 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 Medaryville is $800/month compared to $829/month in Waterloo — a 4% difference. Home values follow the same pattern: Medaryville is more affordable at $73,700 median vs $108,600.

Median household income in Medaryville is $82,632 compared to $61,375 in Waterloo (+34.6%). Medaryville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Medaryville spend roughly 11.6% of their income on rent, less than the 16.2% in Waterloo.