Oakdale, NE vs Waterloo, NE

There is a significant gap in the cost of living between these two cities. Oakdale is 25.2% cheaper than Waterloo. With a cost index of 63 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakdale to Waterloo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakdale is $913/month compared to $1,125/month in Waterloo — a 19% difference. Home values follow the same pattern: Oakdale is more affordable at $43,700 median vs $218,400.

Median household income in Oakdale is $58,750 compared to $75,417 in Waterloo (-22.1%). The higher salaries in Waterloo partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Oakdale spend roughly 18.6% of their income on rent, more than the 17.9% in Waterloo.

Climate-wise, Waterloo is notably warmer with an average of 52.4°F compared to 49.2°F in Oakdale. Waterloo receives more rainfall at 31.9" per year compared to 27" in Oakdale.