Red Bud, IL vs Waterloo, IL

Red Bud is moderately more affordable than Waterloo, with a 9.4% lower cost of living index. Red Bud scores 72 compared to 79 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 Red Bud is $810/month compared to $873/month in Waterloo — a 7% difference. Home values follow the same pattern: Red Bud is more affordable at $170,300 median vs $237,900.

Median household income in Red Bud is $68,051 compared to $92,005 in Waterloo (-26%). While Waterloo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Red Bud spend roughly 14.3% of their income on rent, more than the 11.4% in Waterloo.

Climate-wise, both cities share similar average temperatures (57.7°F vs 56.5°F). Red Bud receives more rainfall at 43.4" per year compared to 40.8" in Waterloo.