Skip to content
Cost & Benefits

Cost of living in Waterloo, Illinois

Simple answer

Typical rent is $886 a month.

Waterloo is a city in Illinois. That rent number includes utilities. A typical household earns $98,711 a year.

Is Waterloo affordable?See benefits in Waterloo
People
11,129
Census average, 2020–2024
Typical rent
$886
Median gross rent, includes utilities
Typical pay
$98,711
Median household income, yearly
Typical home
$249,500
Median home value
2-bedroom fair rent
$1,349
St. Louis, MO-IL HUD Metro FMR Area

Waterloo, Illinois has about 11,129 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $249,500.

HUD's fair-market rent for a 2-bedroom in Monroe County is $1,349 a month. That is the county number, not an apartment listing in Waterloo. It runs from October 2026 through September 2027.

In the St. Louis, MO-IL metro area, prices sit at 95.1 when the U.S. average is 100. That is a 2024 BEA index.

Illinois taxes wages. A typical combined sales tax is 9.0% as of January 1, 2026. That mix is statewide, not Waterloo's exact store tax.

In July 2026, a typical Illinois home paid 19.22¢ per kilowatt-hour. That is a state average from EIA, not Waterloo's bill.

EIA did not publish a 2025 all-grades gas price for Illinois in the table we use.

Among 648 places we list in Illinois with a rent figure, 434 have higher typical rent than Waterloo.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near WaterlooWhat EBT can buy in Illinois

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Illinois

Bigger places in Illinois

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.