Cost of Living Comparison Between Waterloo, IA and Springfield, OH Cost of Living Comparison Between Waterloo, IA and Springfield, OH

Monthly Cost of Living

Monthly costs for one person with rent: $1,884 in Waterloo, IA versus $2,318 in Springfield, OH.

Estimated couple costs with rent: $2,542 in Waterloo, IA versus $3,217 in Springfield, OH.

Monthly costs for a family of three with rent: $3,199 in Waterloo, IA versus $4,115 in Springfield, OH.

Living in Waterloo, IA costs roughly 19% less than in Springfield, OH, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Waterloo, IA 41% above, Springfield, OH 73% above.

Meal at Budget Restaurant

$17.98 $17.98

$15.18 $15.18

18.45%

Three-Course Dinner for Two, Mid-Range

$66.9 $66.9

$60.6 $60.6

10.28%

Fast Food Meal (McDonalds, etc)

$9.83 $9.83

$10.95 $10.95

-10.23%

Cappuccino

$5.19 $5.19

$5.02 $5.02

3.39%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.72 $2.72

$2.55 $2.55

6.67%

Water (0.33 liter bottle)

$2.49 $2.49

$2.48 $2.48

0.40%

Local Beer (0.5 liter draught)

$6.06 $6.06

$5.94 $5.94

2.02%

Imported Beer (0.33 liter bottle)

$6.84 $6.84

$6.91 $6.91

-1.01%

Milk (1 liter)

$1.03 $1.03

$0.83 $0.83

24.10%

White Bread (500g)

$1.95 $1.95

$2.29 $2.29

-14.85%

Rice (white) (1kg)

$1.73 $1.73

$3.22 $3.22

-46.27%

Eggs

$2.92 $2.92

$3.57 $3.57

-18.21%

Local Cheese (1kg)

$9.21 $9.21

$9.42 $9.42

-2.23%

Chicken Fillets (1kg)

$6.45 $6.45

$11.08 $11.08

-41.79%

Beef Round Steak (1kg)

$12.84 $12.84

$14.26 $14.26

-9.96%

Apples (1kg)

$3.80 $3.80

$5.04 $5.04

-24.60%

Banana (1kg)

$1.16 $1.16

$1.29 $1.29

-10.08%

Oranges (1kg)

$3.36 $3.36

$5.63 $5.63

-40.32%

Tomato (1kg)

$4.47 $4.47

$3.23 $3.23

38.39%

Potato (1kg)

$1.17 $1.17

$2.05 $2.05

-42.93%

Onion (1kg)

$2.14 $2.14

$2.66 $2.66

-19.55%

Lettuce (1 head)

$1.86 $1.86

$1.79 $1.79

3.91%

Water (1.5 liter bottle)

$1.52 $1.52

$2.14 $2.14

-28.97%

Cigarettes 20 Pack (Marlboro, Camel)

$8.23 $8.23

$9.51 $9.51

-13.46%

Wine (Bottle)

$13.14 $13.14

$15.84 $15.84

-17.05%

Local Beer (0.5 liter bottle)

$1.70 $1.70

$1.52 $1.52

11.84%

Imported Beer (0.33 liter bottle)

$1.74 $1.74

$2.19 $2.19

-20.55%

One-way Ticket (Public Transport)

$1.95 $1.95

$1.03 $1.03

89.32%

Public Transport Monthly Pass (Regular Price)

$35.23 $35.23

Taxi Start (Normal Tariff)

$5.02 $5.02

$1.95 $1.95

157.44%

Taxi (Normal Tariff) (1km)

$1.43 $1.43

$1.69 $1.69

-15.38%

Taxi 1hour Waiting (Normal Tariff)

$28.86 $28.86

$33.58 $33.58

-14.06%

Gasoline (1 liter)

$0.75 $0.75

$0.86 $0.86

-12.79%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$35.2K $35.2K

$34.2K $34.2K

2.74%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.6K $25.6K

$23.5K $23.5K

9.30%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$200 $200

$235 $235

-14.92%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$48.55 $48.55

$64.6 $64.6

-24.83%

Internet (50+ Mbps, Unlimited Data)

$60.6 $60.6

$64.0 $64.0

-5.21%

Gym Membership (Monthly)

$43.12 $43.12

$28.13 $28.13

53.29%

Cinema Ticket

$13.95 $13.95

$13.63 $13.63

2.35%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,450 $1,450

$1,790 $1,790

-19.00%

International Primary School, 1 Child (Yearly)

$29.5K $29.5K

$27.2K $27.2K

8.47%

Jeans (Levis 501 Or Similar)

$39.15 $39.15

$47.81 $47.81

-18.11%

Summer Dress (H&M, Zara, etc)

$42.34 $42.34

$19.76 $19.76

114.27%

Sport Shoes (Adidas, Nike)

$59.8 $59.8

$71.1 $71.1

-15.89%

Men's Leather Business Shoes

$128 $128

$71.0 $71.0

80.54%

1-bedroom Apartment, City Center (Monthly)

$835 $835

$1,086 $1,086

-23.07%

1-bedroom Apartment, Outside City Center (Monthly)

$764 $764

$1,103 $1,103

-30.76%

3-bedroom Apartment, City Center (Monthly)

$2,000 $2,000

$1,596 $1,596

25.32%

3-bedroom Apartment, Outside City Center (Monthly)

$833 $833

$1,620 $1,620

-48.54%

Buy Apartment in City Center (m2)

$1,522 $1,522

$1,627 $1,627

-6.50%

Buy Apartment Outside City Center (m2)

$1,490 $1,490

$1,625 $1,625

-8.28%

Average Monthly Net Salary (After Tax)

$3,953 $3,953

$4,186 $4,186

-5.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

6.54

-1.68%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Waterloo, IA: May 31, 2026

Last update for Springfield, OH: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $835 in Waterloo, IA and $1,086 in Springfield, OH. Housing cost is often the main lever when comparing two cities.

Springfield, OH pays 6% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $67.0 in Waterloo, IA vs $61.0 in Springfield, OH. Groceries flip the comparison at $280 vs $344, with Waterloo, IA cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Waterloo, IA vs Springfield, OH: Cost of Living - Frequently Asked Questions

Waterloo, IA is cheaper overall, especially in Groceries & Markets, Monthly Utilities & Internet, Getting Around. The 23% gap adds up to real monthly savings that compound significantly over time.

On paper, Springfield, OH earns 6% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $835 in Waterloo, IA versus $1,086 in Springfield, OH. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,450 in Waterloo, IA versus $1,790 in Springfield, OH. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Waterloo, IA – a meal for two runs $67.0 versus $61.0 in Springfield, OH. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,884 in Waterloo, IA versus $2,318 in Springfield, OH, a $2,500 budget is realistic in Waterloo, IA but tight or insufficient in Springfield, OH. The gap between the two cities makes Waterloo, IA the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Waterloo, IA gentler on the wallet – expenses run 23% less than in Springfield, OH. Beyond cost, consider language, visa policies, and how big the international community is in each city.