CostIndexUSA

Flint, MI vs Waterloo, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Flint
93
overall index
$1,075/mo rent
More AffordableIA
Waterloo
87.1
overall index
$1,075/mo rent

Waterloo is moderately cheaper than Flint — 6.3% lower overall cost of living.

To match an $80,000 salary in Flint, you would need $74,900 in Waterloo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing14.7%
Flint
74
Waterloo
63.1
🛒 Groceries≈ Equal
Flint
93.7
Waterloo
93.7
🚗 Transportation6.6%
Flint
104.5
Waterloo
97.6
🏥 Healthcare6.7%
Flint
94.6
Waterloo
88.3
Utilities13.8%
Flint
97.1
Waterloo
83.7

Salary Equivalency Calculator

Enter your current salary in Flint to see what you'd need to earn in Waterloo to maintain the same purchasing power.

$
Equivalent salary in Waterloo, IA
$74,900
$5,100 less needed in Waterloo

Formula: salary × (87.1 ÷ 93) = salary × 0.9366. Based on BEA Regional Price Parities.

Housing Market

Flint, MI

Median Home Price
$183,000
Median Monthly Rent
$1,075
Housing Index
74
Price-to-Rent Ratio
14.2×

Waterloo, IA

Median Home Price
$192,000
Median Monthly Rent
$1,075
Housing Index
63.1
Price-to-Rent Ratio
14.9×

Flint has 14.7% lower housing costs compared to Waterloo.

Income & Job Market

Flint, MI

Median Household Income
$60,000
Per Capita Income
$34,200
Unemployment Rate
6.9%
Population
81,252
Top Industries
HealthcareManufacturingEducationGovernmentRetail

Waterloo, IA

Median Household Income
$62,400
Per Capita Income
$35,600
Unemployment Rate
3%
Population
67,470
Top Industries
ManufacturingHealthcareAgricultureRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Flint, MI
4.7×income-to-rent ratio

79% of income left after rent (median)

Waterloo, IA
4.8×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.