CostIndexUSA

Johnson City, TN vs Waterloo, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TN
Johnson City
87.9
overall index
$1,400/mo rent
More AffordableIA
Waterloo
87.1
overall index
$1,075/mo rent

Waterloo is slightly cheaper than Johnson City — 0.9% lower overall cost of living.

To match an $80,000 salary in Johnson City, you would need $79,300 in Waterloo. Calculate your salary ↓

Category Breakdown

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

🏠 Housing≈ Equal
Johnson City
63.2
Waterloo
63.1
🛒 Groceries2.6%
Johnson City
96.2
Waterloo
93.7
🚗 Transportation2.3%
Johnson City
99.9
Waterloo
97.6
🏥 Healthcare2.3%
Johnson City
90.4
Waterloo
88.3
Utilities+16.4%
Johnson City
71.9
Waterloo
83.7

Salary Equivalency Calculator

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

$
Equivalent salary in Waterloo, IA
$79,300
$700 less needed in Waterloo

Formula: salary × (87.1 ÷ 87.9) = salary × 0.9909. Based on BEA Regional Price Parities.

Housing Market

Johnson City, TN

Median Home Price
$270,000
Median Monthly Rent
$1,400
Housing Index
63.2
Price-to-Rent Ratio
16.1×

Waterloo, IA

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

Income & Job Market

Johnson City, TN

Median Household Income
$56,800
Per Capita Income
$32,400
Unemployment Rate
3.9%
Population
68,006
Top Industries
HealthcareEducationManufacturingRetailGovernment

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).

Johnson City, TN
3.4×income-to-rent ratio

70% 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.