Cost of Living in Waterville, IA
Population: 143 | Iowa
Waterville is 20% less expensive than the national average.
Cost of Living in Waterville, IA: What You Need to Know
With a cost of living index of 80, Waterville, IA is a very affordable place to live. Living here is 20% cheaper than the national average and 8% above the Iowa state average of 71. Waterville is a small community of 143 residents.
The median household income in Waterville is $48,750, which is 35% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Waterville. The area sees an average annual temperature of 48.1°F, with summers averaging 71°F and winters around 23°F. Annual rainfall totals 33.9 inches spread over roughly 133 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $48,750
- vs US Median ($75,149)
- -35%
Housing
- Median Home Value
- $93,800
- Median Monthly Housing Cost
- $741/mo
Climate in Waterville
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 29 | 34 | 47 | 61 | 72 | 81 | 84 | 83 | 76 | 63 | 47 | 34 |
| Avg °F | 20 | 24 | 36 | 48 | 60 | 69 | 73 | 71 | 63 | 50 | 37 | 26 |
| Low °F | 10 | 14 | 25 | 36 | 47 | 57 | 61 | 59 | 51 | 38 | 28 | 17 |
| Rain" | 1.0 | 1.0 | 1.9 | 3.6 | 4.4 | 5.2 | 3.8 | 4.1 | 3.4 | 2.5 | 1.9 | 1.3 |