Rushville, IN vs Waterloo, IN

Rushville, IN and Waterloo, IN have a very similar cost of living, with only a 2.6% difference in their overall index. Rushville scores 68 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 Rushville is $844/month compared to $829/month in Waterloo — a 2% difference. Home values follow the same pattern: Waterloo is more affordable at $108,600 median vs $120,000.

Median household income in Rushville is $57,269 compared to $61,375 in Waterloo (-6.7%). Waterloo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Rushville spend roughly 17.7% of their income on rent, more than the 16.2% in Waterloo.