Cost of Living in Waterloo, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.0
100 = national avg
-35.0 vs national average
Living Wage (1 Adult)
$28,590
per year
Living Wage (Family of 4)
$67,576
per year
Cost Index by Category
Housing58.3
Food72.3
Transportation78.1
Healthcare77.9
Utilities75.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$775
per month
2 Bedroom
$1,000
per month
The overall cost of living index in Waterloo is 65.0, which is 35.0% below the national average. Housing costs are below the national average at an index of 58.3. A single adult needs to earn approximately $28,590 per year to cover basic expenses.