Cost of Living in Waterloo, SC

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

65.9

100 = national avg

-34.1 vs national average

Living Wage (1 Adult)

$28,984

per year

Living Wage (Family of 4)

$68,508

per year

Cost Index by Category

Housing
23.3
Food
81.5
Transportation
134.4
Healthcare
85.2
Utilities
73.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$869

per month

2 Bedroom

$1,133

per month

The overall cost of living index in Waterloo is 65.9, which is 34.1% below the national average. Housing costs are below the national average at an index of 23.3. A single adult needs to earn approximately $28,984 per year to cover basic expenses.